Over the last week we have seen a pullback in the overall markets of about 2.5% after a massive move higher since November after the election. Generally speaking, pullbacks are not a bad thing for markets to do, a long
Hello all, It has been a while since I have last posted and I figured it would be a good idea for me to update you on my whereabouts. Everything has been going well with me the past few months.
Dear valued readers, I bittersweetly want to announce an elongated sabbatical of the BenCBanks.com website, with the potential and intention of picking it back up in due time. This decision has come after a considerable amount of thought and some restlessness. The
There’s an something that likely we’ve heard all of our lives; that experience is the best teacher. This is extremely true, in many ways. From starting a new job, to trading to school, to anything in between. People often ask
Good day to you my valued reader. Today I have some great news for you. I have decided to resurrect something that should have been done a long time ago; my black and white process. In other words, I have
If you’re new to trading or have been at this business for decades, you will be well aware of the age-old adage “compression leads to expansion” or even more common, “the larger the base, the higher in space”. Both of
As I did last year, I have once again decided to share all my trades from the past year. I know most traders do not do this and at it could potentially damage my reputation, but that is something I
Over the past couple weeks I have been reviewing the trades I have taken to show you the thought process of my trading. I often take for granted pattern recognition, but I recognize this process can take a long time
To continue the trade review series, here’s the next installment; another day trade short- this time in TWTR. The purpose of these reviews is to show you many different types of patterns that appear in the market and how to
Sometimes a trade works very well. Often they don’t, but sometimes they do. In this case, it did. Almost perfectly. The trade was simple. Trading never should be complicated. Complicated strategies don’t make it easier to make money, I promise.