For short-term traders (intraday and swing, not position traders) Those who claim that “it is not about percent of winning trades, it is about how much you make when you are right” conveniently omit any discussion of “profit factor” (gross profits divided by gross losses). The purpose of this post is twofold, first to reveal…
Charts of big winners: CSCO in 1990
It is valuable to go back and look at charts of big winners before they made their big moves. My experience with CSCO in ’90 is perhaps the most valuable lesson I have ever received from a stock. My hope is that you can learn one or two small things from this.