Darryl Morley is a well known and respected newspaper columnist and professional trader, who is a former stockbroker. He has been writing his avidly followed Day Trader column on trading and technical analysis for the Melbourne Herald Sun and the Hobart Mercury for over 11 years.

Darryl is likely unique, in that he actually writes about his own trades, his reasoning for selecting or rejecting certain stocks, how he sets his targets, his stops, his exit strategies. He’s also not shy about staying out of the market if the signals are not right and explaining why. This is very different from most talking heads, who are not dealing with their own money.

New columns are updated to this site every week.

These columns are written and published as a chronicle of Darryl’s trading. Any information provided is of an educational nature only. Please note that we are NOT a stock tipping service, either through the newspaper column nor through the workshops. Our hope is that by watching and learning from Darryl’s trading technique, you can start to learn to take control of your own finances, which we believe is especially relevant in today’s turbulent market.

Day Trader column for November 3 - 2017

The All Ords closed the day’s trading on Wednesday above 6,000 for the first time since May 2008. This is also the break above the sideways move which has been in place since the beginning of this year indicating to me the uptrend is now clearly in place.


Day Trader column for October 27 - 2017

The All Ords continues to consolidate just below 5,900 and it looks like it will break above 6,000 in the near future and the strength in the market is across the board, so I expect there will be some interesting trading opportunities for some time to come.


Day Trader column for October 20 - 2017

At long last our market ran up strongly last week and closed above the narrow sideways trading range which has been in place since May this year. This weekly close formed the weekly pivot point I have been waiting for.


Day Trader column for October 13 - 2017

Well last week saw the All Ords and the ASX/S&P 200 both close higher than they have for the past couple of months and as of Wednesday this week the daily close on the All Ords was well above the 5,824 needed for the weekly pivot point I have been waiting to form.


Day Trader column for October 6 - 2017

Our market must seem very confusing to investors and traders who watch the US market and believe our market will follow the movements in the Dow Jones Index.


Day Trader column for September 29 - 2017

It seems there was still a great deal of indecision in our market last week. All three indices, the All Ords, the ASX/S&P 200 and the SPI futures contract all started and ended the week within a relatively small range around the centre of the trading range going back to May this year.


Day Trader column for September 22 - 2017

Another week and we still see the indices trading sideways. On Wednesday when this column is written the index formed a daily reversal which would indicate the market may move up by the end of trading today.


Day Trader column for September 15 - 2017

The indices continued their seemingly never ending sideways move, and this week on Monday and Tuesday ran up again to close on Tuesday above 5,800. Wednesday’s move however was a daily reversal which can indicate a move down or sideways.


Day Trader column for September 8 - 2017

Once again our market was sold down to the lower end of the month’s long trading range only to recover by the end of last week to close again just below 5,800 on the All Ords.


Day Trader column for September 1 - 2017

The move up to close above 5,800 at the end of last week was followed by another big fall on Monday and Tuesday this week to again cast some doubt as to the uptrend continuing and rising to new highs.