Thursday 3/5 Market Basics Today we studied the basics of the market such as setting goals and rules for ourselves as beginning traders. Its important to note that we must have some sort of a practice brokerage account where we can perform different trades and put to practice what we learn. We discussed how to read charts and how different trend lines will help with our decision of which direction we feel the stock will go and how to trade that way. Also we discussed the different order types that […]

Hey Gang, In tonights class we discussed looking at trade candidates next week.  Please post the stocks you pontentially see as buys…calls or puts… Happy Trades, Jeff

Hey gang, Over the past months we have talked about the bullishness of gold and it has made a major run.  The run has been such that I pulled all my gold positions yesterday and am debating puts.  Below is the chart on with my reasoning.  A pullback into the 80-82 dollar would be reasonable.  Don’t get me wrong,  I am still a long term bull on gold, but figure I can get back in after the pullback. Happy Trades, Jeff