I am an electricity trader in the Hungarian electricity market MAVIR. This means an asset based forward product trading. Besides I am trading my own account since 2009 on the NYSE. I received my Chartered Market Technician certificate in 2017. I consider myself as a momentum and trend trader.
AKS: Possible Turning Point?
Yesterday X and AKS are showed strength again. The two major steel stocks that are rallied after the election. Lately, it became clear that there is no magic dust for the magic steel industry and the stocks began to fall. First, it was a free fall, then fading. X remained stronger for several months. Then X reported worse than [...]
How Do I Know, that I’m a Trade Junkie?
Test Answer these questions with “yes” or “no”. Everyone felt one or two out fo these questions in their trading career. The important thing is, how often are you feeling the following: Do you feel empty when you don’t have any position in the market? If you see a huge movement, are you becoming [...]
WK20: S&P 500 Drop
The S&P 500 index yesterday dropped around 30 points from the all-time high region. Now it is at the end of February level. Lately, it was a crawling. Every drop was bought, it was a hard time for shorts. Why would be different this time? This is the big question after every plummet. EMAs Two EMAs killed in one day. Last [...]
Why would you fail following StockTwits.
This is the ultimate tool against boredom. Easy to register, easier to write emotions, while trading certain things. Is it useful? Is it gives you an edge? No, not at all. It just helps you to keep bad positions while reading others suffering with theirs. You can see the mad masses while the market moves. One could argue what [...]
Trading Idea: JNPR
In our latest post, we found JNPR out of several stocks. I will use Stockcharts.com charts to analyze our findings. I try to keep it simple as possible. Weekly chart The JNPR is in the highs right now on weekly. All of the Exponential Moving Averages are over each other in order. ADX over 20, higher highs, higher lows, clearly [...]
How to Use Free Stock Screener Part 2.
Analysing Results If you click on the headings of this post, you will find our set criteria on Finviz.com. If you save this link, you already have a search criterion. You can use it every day. Searching does not guarantee that you will find something. Remember, to be picky. Imagine that as a Greedy Goldfish, you are a hunter. [...]
How to Use Free Stock Screener Part 1.
Finviz.com: Free Stock Screener One of the easiest stock screener on the internet. The main issue is how to use it, what to look for. The third item on the top menu is the screener. On the screener page, the first thing should be to set the screener TAB to All. In my opinion, the basic settings are the following: [...]
Online Trading Tools Part 2
Google Finance Today I will introduce you Google Finance or GoFi. The basic tool for your online trading. You do not have to check your trading system all day long to see your stocks moving while browsing the internet. I assume you have a Gmail. If you log in, this page is also connected to your Gmail account. On the left [...]
Online Trading Tools Part 1
I could have given the name Top Free Trading Tools or The Best Trading Tools for Beginners but I hate those click-bait post titles. So it will remain as it is. The wonderful thing about the internet is that you can find many useful free tools, but the point is that you have to search for them. So I created this post to help [...]
Why Greedy Goldfish?
Welcome to the Greedy Goldfish. This is our first post and we decided to explain the site name. Our little goldfish as the myth say has three-second memory. With this feature, forgets everything that happens beyond the past three seconds. Goldfish is always hungry eats everything without hesitation. Very greedy creature. The [...]