Trading Archives - Page 6 of 7 - INO.com Trader's Blog

The poster child of the AIG disaster

Posted on September 17, 2008February 25, 2010 by The INO.com Team

Last night while sitting in my living room flipping through the TV channels I stumbled upon Jim Cramer's Mad Money cable show. I had watched the show once or twice before and found Jim to be a great entertainer and faster than a speeding bullet with his quips. But what really got my attention last night wasn't what stock he was pushing, but rather who he was ranting about. Cramer was ranting about SEC chairman Christopher Cox and his decision to remove the uptick rule on July 6th of last year.

Chris Cox what were you thinking??

So here is a picture of the poster child for the lack of regulation on Wall Street.

Christopher Cox is the 28th Chairman of the Securities and Exchange Commission. He was appointed by President Bush on June 2, 2005, and unanimously confirmed by the Senate on July 29, 2005. He was sworn in on August 3, 2005.

The SEC voted to remove the “short sale tick test”, Rule 17 CFR 240.10a-1 for all equity securities. Effective Friday, July 6, 2007 traders will be able to short all securities on an up, down, or zero tick.

RULE IMPLEMENTED: DOW July 6, 2007 13,611 - DOW September 16, 2007 11,059

Loss 2,552 Dow points

It's not often that I agree with Cramer or his investment pics, but I have to admit that I agree 100% with what he said last night about Chris Cox. If you are as mad as Cramer is about Chris Cox then email him.

ch************@se*.gov

I doubt that you'll hear from Mr. Cox personally, but you will feel better that you did something about the lack of regulation on Wall Street.

Adam Hewison,

President INO.com

Trader's Blog First Ever CONTEST!

Posted on September 2, 2008April 26, 2010 by The INO.com Team

We've all been there....looking at a chart a year later and saying to ourselves "WHY, OH WHY, didn't I just pull the trigger!?!?!" The chart shows us the sad truth that if only we would have gotten long, we would have had 500% returns, an island in Fiji, and 6 cars!

But we didn't...

We here at The Trader's Blog, would like to know what trade would have been your best...if only you would have taken it? Did you see something special in Google at 100.00 in 2004? Was Spot Gold primed at 256 in 2001? What made you stay out of Wheat around the 500.00 mark? Whatever your story we want to hear about it!

We'll be giving away an Apple iTouch!

How you enter:

Comment today and tell us what that trade would have been...and what you would have bought with the returns!! Here are some trades that we in the office wished we would have done:

Bob F. "I wish I would have gotten long USO February of 2007, when Crude just started to move!"

Melissa P. "Playing the AMEX_SKF which is an ultra short financial ETF around April when Bear's crashed."

Lindsay T. "Shorted NASDAQ_TRMP on our last monthly Trade Triangle at 16.51 in January of this year...that would have been huge!"

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Here are the details:

1. This contest open for 2 WEEKS!

2. Winner will be picked randomly by software to remove human errors.

3. One entry per person!

4. Winner will be contacted via email.

5. No wrong answers, participation counts as an entry.

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Trading against the core - new APPLE video

Posted on July 23, 2008September 5, 2008 by The INO.com Team

Sometimes its pays to fade the news. Find out why APPLE offered a low risk entry point on the opening on Tuesday, July 22nd.

Here is a brand new video I have just finished on APPLE. I think you will find it an eye opener.

This from Associated Press

Apple 3Q profit jumps 31 percent but stock drops

Macintosh and iPod sales helped boost Apple Inc.'s fiscal third-quarter earnings 31 percent, beating Wall Street's expectations Monday, but investors pummeled the stock after Apple issued soft guidance for the current quarter. Steve Jobs, Apple's chief executive, did not join the conference call with investors. Earlier in the day, the New York Post cited unnamed financial sources expressing ongoing concerns about Jobs' health. Jobs has survived pancreatic cancer.

Enjoy the video,

Adam Hewison

President, INO.com

Traders Toolbox: This often overlooked technical indicator is a winner

Posted on July 14, 2008February 19, 2010 by The INO.com Team

Parallel trendlines

I am constantly amazed that some of the simplest tools available to technical analysts are often the most effective. One of these simple tools is parallel trendlines. I have used them to identify planes of support and resistance on the charts.

At times, these parallel trendlines will form channels. Commonly, a market will stay within a bounded channel for a sub- stantial period of time. However, these trendlines are not limited to channels of equal width. The weekly corn chart reveals a market which has followed the same angle, or plane, of movement for much of the past three years, but within channels of various widths.

There are three primary applications of this tool which are very useful. The first is to expect a market to respect existing parallel boundaries of support and resistance. Second is to expect a significant change in market action when a boundary is significantly violated. And third is to expect the market to eventually resume trading on a parallel plane at a new level. The weekly corn chart is a good example of all three applications.

How to trade successfully in any market

Posted on July 1, 2008February 18, 2010 by The INO.com Team

Happy Q3.

In this short video we will be looking at five key components that you need to be successful in your trading in Q3. The ones we have picked out today are not on every pro trader's list, so I think they will surprise you.

We consider these five components to be incredibly important to anyone's trading success, most of all yours.

If you have the time check out our other Traders Whiteboard lessons. We now have a total of eight lessons that you can benefit from and they're available here.

All the best in trading,