Who are the Analysts?

Stock analysts come in two varieties: buy-side and sell-side. Investment bankers, including most full-service brokerages, hire sell-side analysts to research stocks of interest. Originally, brokerages derived most of their income from commissions on stock sales, hence the term, sell-side analysts. These days, investment banking accounts for the lion’s share of full-service brokerage income, but the [...]

Keeping a Trade Journal

If there is a single factor that is common to those who fail in trading, it is the failure to keep and make use of an adequate trade journal. Many traders have the idea that the purpose of a trade journal is accounting or bookkeeping, and given this notion, they quickly become bored and abandon [...]

Reasons why not to chase a stock

Knowing how to enter into a position is just as important as knowing how not to enter into one. The two most common ways of botching an entry are chasing a stock past year ideal entry point and anticipating a move to an entry point too early.
When you decide to enter into a position, refrain [...]