9:56 AM – Selling all of my NDSN here this morning as shares have been developing a series of lower highs and are now clearly breaking below the 10 DMA. With bearish technical action continuing to build, I’m taking this very small loss and moving on rather than waiting for possible additional deterioration.
James’ Trader’s Tip: Small Losses Are Part of the System
• Not every BUY SIGNAL will develop into a winning trade.
• When the technical evidence changes, there is no reason to stay committed to the original decision.
• Taking a small loss quickly keeps capital available for the next opportunity and prevents an insignificant loss from becoming significant.
CLICK/TAP CHART TO ZOOM
Chart services courtesy of stockcharts.com. Annotations by James Taulman.
Most traders fail because they rely on:
❌ Opinions
❌ News headlines
❌ Lagging indicators
❌ Emotion
I focus on:
✔ Price
✔ Volume
✔ Support & Resistance
✔ Proven technical rules
That’s it.
Simple.
Timely.
Actionable.
Built from 25+ years of experience, this system focuses on highly ranked, fundamentally sound stocks setting up in bullish technical bases.
No theory. Just execution.
No credit card required. No commitment.
James had served as Editor-in-Chief of the first independently licensed website to offer stock reports and services based on the CAN SLIM® investment system.
Since the late 1990s, he has been analyzing growth stocks and providing investor-focused research rooted in time-tested technical strategies. Over the years, James developed a strong ability to quickly and accurately identify high-ranked trading candidates using this proven approach.
He has worked with a wide range of investors — from professional money managers to individual traders — helping them apply this disciplined system in real-world markets.
James has delivered weekly market commentary as part of the “Your Money Matters” radio program, broadcast on both ABC and CBS radio networks, and for a time was a daily guest on the Investor’s Edge radio program.
Today, he is the developer and founder of U L T R A — a robust yet easy-to-use trading system built to identify and manage high-probability stock trades based on strict technical rules and real-time alerts — his most refined and accessible trading system to date.