Know Your Limits

If you follow our blog, then you are definitely familiar with trader Larry Levin, President of Trading Advantage LLC. We have gotten such a great response from some of his past posts that he has agreed to share one more of his favorite trading tips as a special treat to our viewers. Determining the direction of the market can be tricky and just plain confusing at times, but Larry’s expert opinion keeps it simple.

If you like this article, Larry’s also agreed to give you free access to his award winning book.

One thing that I see that catches traders up all the time is knowing their limits. There are times when it is probably wiser to step away from a trade or not trade at all.

Sometimes the best favor you can do for yourself is to take a break.

It doesn't matter who you are or what kind of trading you do. There are going to be times when you need to step back and take a break from things. This can happen after a bad trade, a big loss, and even after a really good performance. It can help you get things back into perspective. It also allows for an opportunity for you to review your trades, and learn from any mistakes or plans that you think cost you in the long run. Continue reading "Know Your Limits"

Poll: Are You Following The Healthy Eating Trend?

Many Americans are now turning away from fast and processed food and deciding to lead a healthier lifestyle. That lifestyle includes exercise and eating healthy food.

However, many of the popular health food stocks like Whole Foods Market Inc. (NASDAQ:WFM), Sprouts Farmers Market Inc. (NASDAQ:SFM) and Chipotle Mexican Grill, Inc. (NYSE:CMG) have seen their stock values decline rather dramatically since they all peaked in late February of this year.

I have a question for you today...

Have you changed your eating habits?

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Overall there appears to be a trend for people to eat less, consume non-processed food, and turn to a healthier lifestyle. Even Walmart and Target are getting into the act devoting whole sections of the store to health foods.

Why have health food stocks deteriorated for the last three months? It all has to do with perception as many investors got overly excited with the market getting ahead of itself. Continue reading "Poll: Are You Following The Healthy Eating Trend?"

Asian Markets Are Flashing Strong "Buy" Signals

By Elliott Wave International

In this informative new interview, Elliott Wave International's Asian-Pacific Financial Forecast editor, Mark Galasiewski, tells you about three new investment opportunities in the region.

Enjoy Mark's insights!


Market Outlook: CHINA

EWI Asian-Pacific markets editor Mark Galasiewski always finds compelling indicators to support his forecasts -- indicators that few others see. This past December he highlighted a little-followed sector index to help support his outlook for Chinese stocks. You can read his analysis in Elliott Wave International's new free report.

Download your free report now »

This article was syndicated by Elliott Wave International and was originally published under the headline (Interview) Asian Markets Are Flashing Strong "Buy" Signals. EWI is the world's largest market forecasting firm. Its staff of full-time analysts led by Chartered Market Technician Robert Prechter provides 24-hour-a-day market analysis to institutional and private investors around the world.

Weekly Futures Recap With Mike Seery

We've asked Michael Seery of SEERYFUTURES.COM to give our INO readers a weekly recap of the Futures market. He has been Senior Analyst for close to 15 years and has extensive knowledge of all of the commodity and option markets.

Michael frequently appears on multiple business networks including Bloomberg news, Fox Business, CNBC Worldwide, CNN Business, and Bloomberg TV. He is also a guest on First Business, which is a national and internationally syndicated business show.

Crude Oil Futures

Crude oil futures in the July contract are currently trading at 58.50 after settling last Friday in New York at 60.30 as I’ve been recommending a bearish position when prices broke the $58 dollar level and if you took that trade continue to place your stop loss above the 10 day high which currently stands at 61.60 risking $3 or $1,500 per mini contract plus slippage and commission. Crude oil futures are trading below their 20 day moving average as prices have remained very choppy in recent weeks as the chart structure will not improve until later next week so you will have to be patient and stick to the rules. Continue reading "Weekly Futures Recap With Mike Seery"

Sticky Contrarian Investors Wanted

The Gold Report: Rick Rule talks a lot about how much money can be made investing in things people hate, or at least don't like very much. Throughout the first quarter of this year, natural resources as a whole seemed to be in that category. How do you create a successful investing strategy out of a contrarian philosophy?

Paul Wong: First, it takes a lot of patience to be contrarian. You also need to have a lot of discipline. Probably more important than anything else, you need sticky investors. That's the hardest thing to get on the planet right now, an investor willing to stick it out.

Contrarian investors have to have the stomach to buy when the market is in the midst of a violent selloff, and they have to have the wherewithal to ride the volatility of the storm. That's the patience and the discipline part. Successful bottomfishing investors have to be able to discern the fine line between a company that could rally hard after a down leg and one that is on the verge of going bankrupt. You can throw luck into the requirements for being a contrarian investor as well, but at the end of the day it is a challenging way to approach building a portfolio so it is a good thing it sometimes pays off so dramatically.

"Pretium Resources Inc.'s Brucejack project is a spectacular deposit."

Mutual funds aren't traditionally built to be contrarian. I remember a joke I learned when I was a junior portfolio manager. I mentioned to someone that a stock could be a great investment in three or five years' time, and the fellow shot back to me, "Yes, my successor will look quite brilliant when that happens." That's the problem with long-term, contrarian-type investments. It may be a great idea, but you may not have a job by the time it pays off.

TGR: Does it take a lot more homework to be a contrarian investor than following an index or a blue chip stock?

Continue reading "Sticky Contrarian Investors Wanted"