Friday, January 17, 2014

Keep it simple

Good Morning folks, 
Its easy to feel overwhelmed in this industry, there is so much information to process. Different trading styles, technicals , fundamentals, Press releases, earnings, at times it can feel like information overload.

Try not to get caught up in it all! 
Odds are you won't be able to master all of the different styles of trading and you certainly can't analyze every piece of pr that comes out on every company throughout the trading day. The good news is that to be successful you don't have to.

Find your niche, one or two setups that work for you, find that one style that you seem to be really good at. Look for those opportunities and just play them over and over again. If a trade isn't working don't over think it, get out and move on to the next one. Have your plan in place and concentrate on quality not quantity.

Morning movers and other stocks that caught my eye 

$PBMD pr decent daily, $CAMT 5 dolla holla, $ARQL pr nice daily 3 dolla holla, $NIHD pr 3 dolla holla, $KONE  thin one be careful do not chase earnings, $ARIA pr 7 dolla holla, $CTIC pr daily getting extended, $KERX pr gapper 52 week highs, $OTIV active premarket, $DXM like the daily, $NLST pr yesterday continuation?, $IDI hot daily, $HDSN nice daily, $EVOK nice daily, $HALO nice daily, $BAXS great daily pr yesterday, $SEED decent daily, $EFUT pr thin one don't chase it  

Seeking Alpha
Today's Markets:
In Asia, Japan -0.1% to 15734. Hong Kong +0.6% to 23133. China -0.9% to 2005. India -0.95% to 21063.
In Europe, at midday, London +0.2%. Paris +0.2%. Frankfurt +0.6%.
Futures at 6:20: Dow +0.3%. S&P +0.3%. Nasdaq +0.3%. Crude +0.6% to $94.50. Gold +0.1% to $1241.60.
Ten-year Treasury Yield flat at 2.84%.
Notable earnings before today's open: BKCMAFHNGEMSMTBSLBSTIWBSWIT

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Good luck trading today !!