Sunday, May 31, 2009

A New Member Of THE ART OF TRADING SERVICE Had This To Say

Stewie,

I am new to your service this week and I like what I see. Took the FCX, HL trades which I was obviously happy with. I realize that some trades will go bad but as long as we have stops in place we are protected. I was actually more impressed with your advice yesterday not to be aggressive going short. As the market rallied in the afternoon, this proved to be wise advice. As a relatively new trader, I am learning to overcome the urge to overtrade and your timely comments will help me to stop and carefully consider each move. In addition to saving me from losses, this will help me learn to be a better trader.

brian w.


This member started this week with me and is still on the 10 day free trial but this is the kind of feedback i have been hearing from many other members!

Join Us Now! What Are You Waiting For?!

START WITH THAT 10 DAY FREE TRIAL!!

Friday, May 29, 2009

Bold Prediction and Gut Feeling


I got a strong gut feeling we'll see a "crash" in the VIX come within the next 2 weeks. I can feel it coming. This is just a 'stupid prediction' just like many you see on the internet BUT my only advise is bears have your stops ready and bulls be ready for a monster short squeeze! When markets behave like this you can never be too ready and you need to always stay sharp and stay vigilant and know that ANYTHING IS POSSIBLE! ANYTHING IS POSSIBLE, remember those 3 simple words the minute the opening bell rings.

BIG move is coming and soon in my humblest of opinions.

Be smart.

Blessings to all!

The Art Of Trading Alerts Service Performance For The Week Of May 25th

This was probably the most stressfree week for me. Very little trading activity and most of the trades worked right away. We only had 9 trades: 7 winners and 2 losers.

More importantly then the actual trades, i have been getting a good number of really positive feedback from traders/members about their progress and i sense a feeling of optimism about their trading future. That to me is something i strive to improve day in and day out.

Starting Next Week, I will be adding a new dynamic to the service as a way to add more value and another powerful learning tool: VIDEOS.

I will be covering many various topics using these videos. i.e. scanning for new setups, stock/market analysis, real time stock/market analysis, using various indicators to help spot strength or reversals etc etc.


LONG/SHRT Symbol Entry Price Exit Price % Profit/Loss
Holding Period







long TCK 14.36 14.48 0.84
swing trade
long rvbd 19.66 19.9 1.22
swing trade
long pal 2.36 2.44 3.39
swing trade
long gmxr 16.16 16.9 4.58
swing trade














long jrcc 22.78 22.02 -3.34
day trade
long tza 25.88 25.9 0.08
swing trade
long qid 35.76 35.64 -0.34
swing trade














long hl 3.45 3.71 7.54
swing trade
long fcx 51.38 52.18 1.56
day trade

Thursday, May 28, 2009

Bullish Resilience




It seems like the bears really had something going with yesterday's selloff and this morning's quick selloff but once again these bulls have proved hard to beat. This type of action is just begging for higher prices. All charts still consolidating in bullish manner. Buying any weakness seems like the only thing that has been consistently working. The bulls are buying time, time the bears cannot afford to lose. The more attempts the bears try and knock this thing down and fail, the more likely we'll see breakouts! Clearly the most popular trade among the majority of traders right now is SHORT which makes me want to stay bullish and focus on buying dips on tests of support.

Wednesday, May 27, 2009

Check Out This AWESOME Email I Got From One Of My Trading Service Subscribers!!


hey stewie, signing up with you just truly marks a turning point in my trading. i've been nailing them like the guy in the matrix at the end of the movie. check the attached chart and see how i nailed tza today (i nail a trade like that almost every day right now, while keeping it to 0 to 2 trades a day). i take hardly any of your stock picks because i want to be at the point where i can trade consistently profitable on my own, but somehow seeing you trade, and your comments, thoughts and answers to questions just made it click.thanks a billion!

marco.


These are the kind of emails and testimonials that make running a trading service ALL WORTH IT!!
Join Us For That 10 Day Free Trial and Try It Out for YOURSELF!!
It Might Be The Best Move You Will Ever Make!

Keep Your Eye On This Chart


Got us long late week and got us short earlier today. Today's action is the first real threat to the bulls i have seen in weeks. Today's action reeks of severe distribution. The selling feels intense ala 2008 style.

Tuesday, May 26, 2009

Monday, May 25, 2009

Saturday, May 23, 2009

The NEED To Stay Mentally Positive Is VITAL

A member who has been a part of my trading service for a couple of weeks now had this to say:

Just wanted to say thanks for the service you provide I'm really learning a lot. I have not made many trades thus far but analyzing the trades nightly and stock picks has proved very beneficial. One thing I've noticed is that on losing trades and even losing days you remain positive. I don't think this is the case with most people. So, how do stay positive and do you think this plays a significant role in trading? Have a good weekend.

Jeremy.


Here's my response to his vitally important question:


hi jeremy. i am actually surprised that you are the only one to ever bring up this very important point. I sincerely believe that having a positive attitude about losing (and winning) is a key part of trading survival. I used to beat myself up all the time for missed trades or crappy performance but i found out that this negative attitude in a game where you will be losing a lot is NOT the right way to go about it. Trading is a game of streaks. You will go thru winning steaks and losing streaks. It is VITAL to be able to quickly recognize when those tides are shifting. When you are winning, you "see the ball" well and can almost see moves happening 2-3 plays ahead and you will have '3D vision' of the markets and trader behavior all around you and you will move in and out of plays with extreme confidence and professionalism. You are feeling it and you want to trade and the market is vibing with you and everything seems to be moving together in harmony.
However, when you are in a 'shaky funk' you will be slow to react/transition, a little stubborn and ironically your ego will make you break many golden rules of trading.

YOU NEED TO BE CONSTANTLY WATCHING YOURSELF, your body language, your tone of voice, your attitude and you need to quickly adjust any behavior that's hurting you(over trading, anger, revenge trading, trading with huge size etc). You need to be your own therapist, mental coach and motivator. You need to be hungry to win everyday even if winning means not trading. You need to be ALWAYS seeking to improve yourself, learning, adjusting your attitude, minimizing your ego and maximizing your drive to be better than the day before. Don't worry about the money, when you are trading well the money will find you, trust me. Take most care of your account when you are losing because the winning trades are waiting just around the corner but they are waiting for you to adjust yourself first.

Friday, May 22, 2009

The Art Of Trading Alerts Service Performance For The Week Of May 18th

I was not happy with this week's performance. Started out very well and crapped out late wednesday and thursday. WHY? Simple ANSWER: Over trading and fighting the tape! Ironically: these are two things i RARELY ever do. Mistakes will happen(a lot!) in trading.

I know exactly what i did wrong and I will make the necessary tuning and adjustments to get back on track.

This is the 7th week i have been running this service and this is my 2nd down week. 5 up weeks but more importantly as long as i manage to take losses in a controlled and professional manner, i will always have many positives to take away from a bad week.


I will take my losses but remember that trading is a long journey which it's fruits are not enjoyed in one day's or one's week's results but over a period of many months.



LONG/SHRT Symbol Entry Price Exit Price % Profit/Loss
Holding Period







long nfx 32.64 32.9 0.8
day trade
long pcx 8.77 9 2.62
swing trade







long slg 22.4 22.8 1.79
swing trade
long zion 16.25 15.5 -4.62
day trade
long cpx 6.8 7.21 6.03
swing trade







long asia 19.7 20.12 2.13
day trade
long pal 2.77 2.7 -2.53
day trade
long thqi 6.09 6.21 1.97
day trade
long sgy 7.83 7.7 -1.66
day trade
long coin 1.57 1.53 -2.55
day trade
long thqi 5.99 5.82 -2.84
swing trade
long ico 3.18 2.9 -8.81
swing trade







long TNA 24.75 24.07 -2.75
day trade
long jrcc 21.05 20.63 -2
day trade
long tza 29.56 28.74 -2.77
day trade


So on a $100,000 account and using $10,000 into each alert: This week saw a loss of $1300 which is a very acceptable draw down in my book but i am definitely not happy and know i can do much much better.

Next week, i will be going back to basics

Very Weak Bouce






WHR, GOOG and RIMM lower highs. SOX 60 minute Bear Flag

Thursday, May 21, 2009

Bulls Hangin In There






Bulls hanging in there for now. But for the first time during this rally off the march lows, it feels like the bulls will be seriously tested this time. The pressure is on them to perform and show their strength. Today's action will tell us if we are still in "dip buying" mentality or if we are in "sell the rallies" mode. Short term at least.

good luck.

Wednesday, May 20, 2009

VIX Capitulation?



sure looks and feels like one today. Reversal on indexes thus far looks very weak which makes me think there's more bullish will power left.

Tuesday, May 19, 2009

Another Testimonial From The Art Of Trading Member!

It is these kinds of emails and feedback that drive me!!

Martin wrote to me in an email today:

"Thanks Stewie.

You got that right !!! Let`s keep on fighting the battles and land on the right side of the trades.

For the record – this subscription is my best investment so far !

Cheers mate.

Martin"



Everyone is WELCOME to join the membership! I have traders from ALL walks of life and from ALL corners of the globe! I got both new traders and full time traders who are finding value in what i am offering. I got members that span from hawaii, canada, peru, argentina, scotland, isreal, china and singapore and many more countries!! TRULY AMAZING and FASCINATING!!

You are more than welcome to join this rapidly growing club and check it out first hand.

Sign up for that 10 day free trial!

Could This Be True?




The charts keep morphing into more and more 'hard to believe' patterns. We now have to what appears to be bullish triangles that if true and play out then we should see bullish breakouts to new rally highs sooner rather than later.

Monday, May 18, 2009

Possible Scenrio


Today's rally played as i had hoped. The falling wedges pointed us in the right direction but now we have a new possible scenario at play. A potential of a lower high to form soon, a double top or a slight breach into new highs before we start a more protracted decline. I will be watching this chart very closely.

Setups To Watch




Sunday, May 17, 2009

Very Awkward Looking Corrective Action




The pullback thus far on the indexes resembles a correction within the context of a bullish impulse move. I do not see any hardcore bearish action yet. It feels like many(me included) are expecting a big decline starting this week but i am just not so sure we are going to see it. I could be 100% wrong and in which case i'll make the necessary adjustments to my game plan. Maybe a small bounce might be in order. So we'll see how these patterns play out come monday or tuesday.

Art Of Trading Service Member Had This To Say:

Hi Stewie,

just thought you'd welcome some feedback on the alerts service,

I think you're doing a great job, it' can't be easy trading yourself and firing out the alerts and updates on a regular basis. So I just wanted to let you know that I think that all of your observations and commentaries in addition to the actual stock recommendations, I think you're providing an excellent insight into the mind of a professional trader as well as providing good trading opportunities.

The single biggest thing I've picked up so far, is how nimble you have to be in cutting losses if a trade isn't going your way or if you arent "feeling" the trade.

So I just wanted to say thanks for the great service, looking forward to much more.

keep up the good work
Mark

Saturday, May 16, 2009

Stewie's House Of Steaks








It's a beautiful 80 degree sunny day in portland oregon. A rarity here! Got inspired to fire up a steak 'indoor' this afternoon. Got me a 1 lb aged perfectly marbled New York cut steak of beef, a bottle of red zinfandel and a serious appetite!

Ingredients:

1lb new york cut beef
1lb asparagus tips
Some new red potatoes
Garlic cloves
Red chili pepper
Extra virgin olive oil
Sea salt & fresh cracked black peppercorns
Garlic powder
2 Cast Iron Pans (A MUST for cooking steaks!!)
Maggi chicken bouillons(the most under rated ingredient ever!!)
1-2 bottles of red wine(i used Dancing Bull zinfandel out of Cali: disclaimer: my choice of wine today does not necessarily reflect my views on the market but it could be a hint :-))

And a serious appetite for some A DAMN DELICIOUS MEAL!!!! Invite the ladies cause THEY WILL BE IMPRESSED!!! Trust me!

Let the steak come to room temp. Rub it with sea salt, pepper and a small touch of garlic powder, let it soak in that flavor for 30 minutes.
Marinate potatoes and aspargus in olive oil, garlic powder, diced red chili pepper, pepper, sea salt, and maggi chicken bouillon.

preheat oven to 425 degrees.
- throw potatoes in one of the cast iron pans and let them oven roast for 30 minutes.

Preheat other cast iron pan on medium high heat on the stove top.
-Throw the steak on there and let her rip. Do not touch it for 3 min. Let it create that dark brown crunchy crust.
-flip it over and do the same on the other side. let her rip. Do not touch it for 3 min. It's gonna get smoky and it's gonna look dangerous but that's GOOD!
-Then throw the steak with the piping hot cast iron pan in the 425 degree oven and let that sucker roast!! This will add a dimension to the steak that will create a STEAK HOUSE LIKE look and taste to your steak! You don't believe me? Look at the pics!
Watch your fire alarm cause it WILL go off on you!
Let the steak roast in the same oven as the potatoes....then throw the asparagus on top of the potatoes(add the garlic cloves at this point) and them roast in that 425 degree oven. At this point all 3(steak, potatoes, and asparagus) are joining the party in the oven.

Let eveyone roast for 8-10 minutes. Potatoes should be fork tender and asparagus should be al dente at this point and steak should be about medium rare at this point. Kill the heat and remove everything out of the oven. Let the steak rest for 3-5 minutes!

Plate everything in an elegant manner, make sure the ladies get served first, pour more red wine into the glasses and E.N.J.O.Y!!!!!!

Thank me later! ;-)

p.s. This post is dedicated to the ragin cagin!

Friday, May 15, 2009

The Art Of Trading Alerts Service Performance For The Week Of May 11th

This week's lesson is something i have known for a while now: I am just hoping that you guys see the lesson learned this week: Keep your losses very small and eventually the winners will come and they will get you in the green. Never be stubborn about taking a small loss. How many times did you think about taking a small loss on a bad trade but instead decided to "ride it out" only to come back a few hours/days later and say "fuck! i wish i took that small loss!!"
I think about that on every single trade and know fully well that what ever trade i am in could be "THE UGLY ONE."

This week we took 15 trades: 8 losers and 7 winners. We ONLY had 2 big winners on monday and these two winners have put this week's performance in the POSITIVE! Had you invested $10,000 into each trade, even in a below average week like this week, you'd still be up over $1800. All it took was two winners to get the job done but for that to happen you would have needed to do the hard thing and sell the trades that were not working WHILE THEY WERE SMALL.





LONG/SHRT Symbol Entry Price Exit Price % Profit/Loss
Holding Period







long pnx 2.36 2.7 14.41
day trade
long jrcc 20.43 22.4 9.64
swing trade
long xtxi 4.36 4.39 0.69
day trade
long faz 5.15 5.33 3.5
swing trade







long caty 13.71 13.57 -1.02
swing trade
long egle 6.84 6.6 -3.51
swing trade
long hw 4.11 4.15 0.97
swing trade







long gmxr 14.33 13.85 -3.35
day trade
long faz 6.02 6.15 2.16
day trade
short sti 15.2 14.95 -1.64
day trade







long sti 15.05 15.01 -0.27
day trade
long erx 30.84 30.1 -2.4
day trade







long agu 49.02 48.5 -1.06
day trade
long tza 29.95 30.12 0.57
day trade
long faz 5.87 5.85 -0.34
day trade

Thursday, May 14, 2009

Today's Bounce



Resembled more a bearish pattern than the resumption of the bull. Expecting further deterioration.

SWING TRADERS: New Feature Added To The Art Of Trading Email Service!!

For those that wish to swing trade because they are too busy to day trade or have day trade limitations(account size less than $25,000) and wish to lengthen their holding period a little longer.


Here's A New Feature I Am Adding To My Trading Service:

Every day i will provide you with a list potential good swing trading candidates: 2-5 stocks.

I will provide you with a:

BUY/SHORT TRIGGER price.

A STOP LOSS price.

And a Possible Target Price.

The trigger will get you into the trade thru a BUY STOP order which you will place ahead of time since you will know the entry and exit criteria ahead of time.

If This Sounds Like Something You Are Looking For Then Go Ahead and Sign Up For a 10 Free Trial!

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