Bob Joiner's Day Trading Blog

This day trading blog will focus on stocks and Forex trading. But it also includes swing trading analysis for stocks and Forex.

Apr 23, 2019

Forex Trade Alerts

On this Forex Trade Alerts page, I post the trend + momentum for weekly, daily, and 4-hour charts. There's a video at the bottom of the page that explains it.

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Apr 22, 2019

Annotated Charts

annotated charts gives examples of support and resistance for stocks and forex trading

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Apr 17, 2019

quotes from good books

This page will feature quotes from books that I think are worth reading.

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Apr 08, 2019

Day trading platform

Your day trading platform is the hub of your trading business, so here are some things to consider.

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Mar 24, 2019

day trading forex

While day trading forex can be done, and I have done it, this article discloses some of the risk.

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Mar 21, 2019

Services by Bob Joiner for traders

Bob Joiner offers several day trading services.

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Feb 27, 2019

Practice Trading Stocks

When you practice trading stocks, your day trading skills improve on several fronts at once.

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Feb 26, 2019

Copy This Trade

Can you copy this trade? Many traders don't have the time to do the research necessary to find good trade set-ups. Other than lack of time, they may also lack a proven system for finding daily, high-probability picks.

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Feb 14, 2019

Day Trading Mind

Developing a day trading mind takes time. New traders are often frustrated when trades move against them and the trader has to learn to regulate his emtions...

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Feb 08, 2019

Day trading charts

Where can you find the best day trading charts? They may not come from your broker.

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Feb 07, 2019

Day Trading Assumptions

Day Trading Assumptions create risk for the day trader.

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Jan 28, 2019

EUR/GBP

EUR/GBP flipped gears on Monday morning on this 30-minute chart.

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Jan 14, 2019

Stocks for day trading

What are the best stocks for day trading? The leader of a day trading chat room tells you.

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Jan 08, 2019

ROKU moving up

ROKU had a big move higher in yesterday's market. I posted it as a high probability long in yesterday's chat room. Here's a link as to why this stock could continue higher.

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Jan 07, 2019

AXSM - penny stock gaps up on news

AXSM is moving up big in pre-market after news post of trial.

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Jan 06, 2019

FAANG stock charts

FAANG stocks charts face overhead resistance.

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Dec 30, 2018

Trading for a Living

Many new traders want to know if "trading for a living" is possible. Or, more precisely, "Can I pay my bills as a full-time trader?" Read the article.

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Dec 28, 2018

Why did the market plunge in late 2018?

The market plunge can be understood with various tools.

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Dec 22, 2018

Stock Trading Education

Stock Trading articles that get your started in the right direction.

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Dec 18, 2018

Fed Meeting Starts Today

Fed meeting starts today and markets are a little on-edge (to say the least) about this meeting. The linked article gives you more information about what's at stake.

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Dec 17, 2018

"Death Cross"

I'm sure you've heard about the "Death Cross". Here's a quick article about it in case you're interested.

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Nov 20, 2018

Stress and Trading

Here's a link to an interesting article on CNBC today. It discusses the impact of stress on making financial decisions. I also talk about this on this site at www.start-day-trading.com/trademindfully.html.

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Oct 21, 2018

Bears and Bulls

Bears and Bulls is a swing trading service by Bob Joiner

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Jan 07, 2018

What are you looking at?

In one of my coaching calls today, I was talking with a member of my day trading chat room. He was asking me about one of the high probability trade set ups I had mentioned in the chat room. On this particular trade set up, he took a loss because the trade had moved against him and he was protecting his account. There is nothing wrong with this course of action. Every trade needs to have a stop. Otherwise, we let our losers run and we get into a bigger loss.

But sometimes, we exit a losing trade prematurely. Here's what happens...we look at our account and we see red. We see that we're losing money on the trade. We place our eyes on our brokerage statement and on the negative P/L. With this as our focus, our emotions follow suit. Our emotions become full of fear and angst. This creates a physical and psychological need for some kind of relief...like the kettle letting out steam...the pressure needs to be find an outlet. We have created this need for relief because we have focused on the P/L and the resulting emotions, and we have lost sight of the charts. We are no longer trading the charts. We are no longer using technical analysis as the basis for our exit. We have succumbed to our need for relief from the pressure that we created within ourselves due to the fact that we have misplaced our focus and placed out attention on our personal fear of loss rather than upon the charts and the strategies that tell us whether or not to exit the trade at this time.

I hope this is helpful. That which you focus upon will greatly determine the emotions and decisions you make as a trader. I am NOT saying to hold onto every losing trade. I am saying to look at what you're looking at. Where is your focus? Is it on your P/L and the resulting emotions (good or bad)? Or, are you looking at the charts and making your trade decisions based upon solid technical analysis and your proven strategies?