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 October 27 – 2010

I am still waiting for the All Ords to close above 4,773 and when that happens I expect we will see it move to 5,000 fairly quickly.


Day Trader column for October 20 – 2010

The All Ords had a volatile week last week. It was down seventy points on October 12, recovered that loss plus a bit two days later on October 14 and closed the week just above the weeks open.


Day Trader column for October 13 – 2010

Last week was a good week for the market and an even better week for our portfolio which increased around $19,000.


Day Trader column for October 06 – 2010

The daily signal for me to get serious about the market formed on Monday September 27.


Day Trader column for September 29 – 2010

As stated last week, because the market had formed the weekly pivot point I had been waiting for and the market looked strong I started buying before a pull back and a daily pivot point (my usual confirmation the uptrend has resumed).


Day Trader column for September 22 – 2010

Well at long last, the Weekly Pivot point I have been waiting several months for was formed last week. This tells me the time is right for me to start buying back into the market.


Day Trader column for September 15 – 2010

I am beginning to chomp on the bit as the market seems inevitably to be moving towards the elusive weekly pivot point necessary for me to re-enter the market.


Day Trader column for September 08 – 2010

Last week our market moved up positively all week but fell short of forming a weekly pivot point. It closed the week about 65 points short of the close needed for the pivot point.


Day Trader column for September 01 – 2010

Although our market was down last week it did appear to gain some strength on Thursday and Friday.


Day Trader column for August 18 – 2010

Last week I suggested our market was set to move higher, as it had consolidated in a narrow sideways pattern for most of the previous week.