“The Stock Trader”
Dec 13th, 2007 by Trader-14
As we come close to the end of our class, it may be a good time to say “Thank You, Tony” for this 13-week-ride … and also for the incredibly valuable collection of trades in the book “The Stock Trader”.
I have just been re-reading this great book and would like to share some random thoughts, observations and personal preferences.
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1. The most profitable day was a “Reversal Day” - “you buy, when everybody hates it”, as Tony says - on Day 12 (04-04-2000):


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2. One of my two favourite “Pullback Swing” setups in this book is on Day 2 (03-21-2000):


The other one is PHCM on Day 14 (not shown).
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Great “Power Trader” setup is WAVX on Day 6 (03-27-2000):


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4. My favourite risk management example is on Day 13 (04-05-2000):


Special thanks for showing this one!
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5. Great examples for “Buying new Highs” successfully are QQQQs, CSCO, ORCL on Day 4 (03-23-2000).
6. My favourite “Breakout Trade” is YHOO on Day 2 (03-21-2000).
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7. Absolutely stunning: Buy the QQQQs Friday 4 p.m. with full margin, when the market looks like that - on Day 20 (04-14-2000):



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