Market Lingo. $$STUDY

RR: Risk Reward
TL: Trendline
EOD: End of Day
BO: Breakout
HOD: High of Day
LOD: Low Day
ILMA: I Lost My Ass.

I have been focusing a lot of energy on learning the "Art of Stock Speculation"

 A great collaboration venue for stock traders is Stocktwits. Create an account on Stocktwits and enjoy the Stock Speculation collaboration.

Stock Speculation is a business and should only be executed as a business; ZERO EMOTION !!

I have learned that the most important aspect of Stock Trading is Risk and Money Management. There are many great websites that have a lot of information on Risk and Money Management. Here is an insightful link on Risk and Money Management. http://www.robertsinn.com/2010/12/07/risk-and-reward/#idc-container

Remember You must define your edges. Your Edges are you only opportunity in an unpredictable and random event environment. Your Edges are your Wisdom.  Why not use what you know !!


Your Cash is your Inventory. Once your Cash Inventory is depleted your OUT OF THE GAME !!
You must NEVER apply your  "rent"  money towards a trade....NEVER!!

I contain my risk to less than 2% of each account I trade from !!