Price Headley is the founder and chief analyst of BigTrends.com, which provides daily stock and options recommendations and education. Timer Digest recognized Price and BigTrends.com among the Top 10 stock market timers for 2000. Price has been widely quoted by Barron's, CNBC, The Wall Street Journal and USA Today. Price is also the author of the new book, Big Trends in Trading: Strategies to Master Major Market Moves.
Price Headley writes that smart traders will be aware of the patterns that occur with losing trades, so as not to hold losing trades any longer than necessary.
Last week, the market nearly reached new heights. Volume was heavy the previous week, the action was positive and technicals were positioned for bullish signals. What happened?
Price Headley writes that for you to become a great trader, you have to do two things. First, master the internal ego. And second, defend the external ego.
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