Arch Resources

Arch Resources made a large move in 2022 and has been consolidating since. If it breaks the trendline it looks like it could make another big move.

https://www.zacks.com/stock/news/2014662/recent-price-trend-in-arch-resources-arch-is-your-friend-heres-why?art_rec=quote-stock_overview-zacks_news-ID03-txt-2014662

https://yahoo.brand.edgar-online.com/DisplayFiling.aspx?TabIndex=2&dcn=0001558370-22-015484&nav=1&src=Yahoo

https://www.uky.edu/KGS/coal/coal-for-cokesteel.php

https://youtu.be/WaJBhA4H03w

https://finance.yahoo.com/news/energy-stocks-are-still-cheap-by-most-metrics-fund-manager-220453665.html



Blue Chart Trading:
*Trading is an art and science
*The artistic part of trading is undervalued
*Charts are a reflection of data and emotion
*Not everything in a chart can be quantified
*Indicators et al are useful but the core of a chart are prices and volume
*Never hold a position you know will lose money
--Hedges are not known losers
*Only expose as much as you can tolerate losing
*Understand where the natural stop loss should be and how much that will cost the position/portfolio
Guidelines (not rules):
--7-10% for shares
--100% for options
*Trading options is not like trading shares
--expose only what you can lose when testing the market with options
--if you are sure of your position do not be afraid to use options to improve gains
*WAIT for the market to tip her hand before placing a trade
*Missing a trade is better than
--entering the trade too late
--not being sure about the trade
*Testing the market with small trades is not losing money
--it is paid research
*Avoid leveraged positions in a sideways market
--consider high dividend positions
--covered calls
*Trading smaller is usually better
--1-10% of portfolio to start

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