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  • Reporters Should Report, Analysts Should Analyze
    Posted by Leigh Drogen on September 28th, 2010 at 1:38 pm, Comments: 0

    I’m getting quite sick of the the two big financial networks, CNBC and Bloomberg.  Of course, I hold Bloomberg to a much higher standard, CNBC is an entertainment channel in my mind save for whenever they do an interesting interview.  Frankly most of the interviews are pointless, some long only asset manager comes on, the [...]

  • Using Mini Baskets To Play Themes
    Posted by Leigh Drogen on September 28th, 2010 at 11:16 am, Comments: 0

    One question I get a lot is, why do you have so many positions in your portfolio during times when the market is trending well, wouldn’t it be better to hold fewer positions with bigger allocations? This is a great question and one aspect of my strategy that I haven’t spoken about at length here. [...]

  • Chart.ly TV 9/27/10
    Posted by Leigh Drogen on September 28th, 2010 at 7:20 am, Comments: 0

    Last night I sat down to speak with John Benedict of J2 Capital Management and Derek Hernquist of Integrative Capital to discuss their firms, their strategies, and how they view momentum.  I want to tie this show back in to the “Would You Do Brain Surgery” post from this weekend.  We spoke at length about [...]

  • Without Risk, There Is No Reward
    Posted by Leigh Drogen on September 27th, 2010 at 3:33 pm, Comments: 0

    Trading is ALL about managing risk and probability.  The risk part is easy, you can quantify your risk by setting a stop on all your trades.  Yes, a stock can gap through your stop overnight, so we can’t know are risk 100% for certain, but setting aside major overnight announcements and earnings, we can get [...]

  • Establishing Partial Positions
    Posted by Leigh Drogen on September 27th, 2010 at 9:49 am, Comments: 0

    I have a list of posts that I would like to write focusing purely on how I operate in the market.  Everyone takes a different approach, but many have asked me to share on this blog my strategies and what works for me as a momentum/trend trader. Let’s talk about establishing partial positions and why [...]

  • Momentum Watchlist Review
    Posted by Leigh Drogen on September 26th, 2010 at 11:12 pm, Comments: 0

    The market has had a significant run, and many of the leading names are too extended to buy here, but there are still stocks showing good setups.  I believe we will see rotation this week instead of a significant pullback.  Look for tech to rest a bit and materials to lead as the dollar is [...]

  • Would You Practice Brain Surgery?
    Posted by Leigh Drogen on September 26th, 2010 at 1:49 pm, Comments: 0

    Have you ever read something so stupid that you felt the need to smack yourself in the face with your palm?  Put more elegantly, a faceplam moment?  I’m sure you have. I came across this article from CNN Money a few weeks back and I’ve been meaning to use it to make a larger point. [...]

  • Steal This Portfolio ;)
    Posted by Leigh Drogen on September 25th, 2010 at 7:27 pm, Comments: 0

    Last week I wrote a post about being transparent in your trading, you can find it here.  I was asked by several individuals if I could make the Google Doc open for everyone to copy and use, so that’s what I’ve done.  You’ll see that I’ve made a few small improvements to the doc, making [...]

  • Momentum Book Update: The Sweet Spot
    Posted by Leigh Drogen on September 25th, 2010 at 12:23 pm, Comments: 0

    We’re in the sweet spot now.  We waited out 4+ months of a crappy market, sometimes in a cold sweat because of the withdrawal, so that our capital would be there for this.  We took small swipes at the market, on both sides, during the chop, all the while knowing that it was relatively insignificant. [...]

  • Sports Sports Sports Sports Sports
    Posted by Leigh Drogen on September 24th, 2010 at 9:34 am, Comments: 0

    Anyone remember the show where the news anchor gets on the tv and just starts saying, “sports sports sports sports sports……”, in a specific rhythm, I wish I remembered where that’s from, damn.  If you have a link to a video or have any clue what I’m talking about please send it my way. Anyway, the [...]