Monday, February 15, 2010

VIDEO: Technical Analysis of ANX's Daily & Weekly Charts - Feb. 15, 2010:


We only have to wait two weeks or less before we hear if the NDA for ANX-530 will be accepted by the FDA...That news WILL determine the next move for this stock...Either up or down...Volume should pick up again once this news is released...

This video is viewed best at 480p and full-screen mode...Start the video, click on 480p in the lower right corner, then click the four arrows pointing different direction to go to full-screen mode...Press the Escape key on your keyboard to exit full-screen mode...

Happy Trading,
zigzagman



Welcome! to Stock-Market-Lessons.com


Here is a ten minute video that briefly explains everything you can learn by taking my Day Trading Lessons.

Some of the subjects I mention in this video are about Swing Trading, but they also apply to Day Trading somewhat. Day Trading is all about entering a trade in reaction to either good or bad news of some kind that has the ability to move a particular stock or the overall market either up or down. These kind of trades can last from fifteen minutes to a few hours. As a general rule, day traders never hold a position overnight, but there are rare exceptions to this rule.

If this news is about a particular company, I trade the stock in that company either Long or Short if the news is good or bad. If the news is about the overall economy, I will trade SSO if the news is good, and SDS if the news is bad. SSO is the 2X Bull ETF that is benchmarked to the intraday chart of the S&P 500. For every tick up of the S&P 500 chart, SSO moves up two ticks. SDS is the inverse, or Bear 2X ETF benchmarked to the S&p 500's intraday chart. For every tick down of the S&p 500's chart, SDS ticks up two ticks.

Swing Trading requires that you keep up with a lot more things that can affect the movement of the share price of a company's stock. SSO and SDS are not good ETF's to Swing Trade, and should only be used for Day Trading. I specialize in Day Trading, but I also have another account for Swing Trading good companies, and I sometimes hold a position in a stock for a few weeks or even a few months. And in that account I also hold a few stocks that pay a good dividend, and those I have owned for years.

Happy Trading,
zigzagman

(this video is viewed best in full-screen mode using the 480p setting)