CPA JOSS

Today's chart of the day is medical devices maker ARAY. The stock has pulled back to the 50 dma after a strong uptrend and is now oversold. This setup offers great reward to risk with a target near $10, entry around $9 and a stop around $8.75. Subscribe to The Market Speculator by Email With a 4: reward to risk ratio, you only need a 25 percent win rate to break even.  All it takes is a 33% win

We have been talking a lot about risk management and how it relates to being a successful trader.  In fact, three of the first five trading quotes in the 100 trading quotes series related to risk management. This should clue you in on how important I believe risk management is to winning as a trader. My latest BOW winning trade, SHAK, is a great example of applying risk management. A range had

The greatest boxer of our time can't punch worth a lick. So why is Floyd Mayweather one of the greatest boxers of all time? It is because he is a defensive prodigy. He protects himself. The man is a risk management wizard. Even the most aggressive leaders understand that you can not go haphazardly into battle with your guns blazing. Before going on the offensive, you must protect yourself.