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 July 07 – 2010

The All Ords closed last week near its low for the week after a fall of 175 points for the week. The low for the week was just 55 points short of the May low, where some support and a possible reversal could take place.


Day Trader column for May 26 – 2010

Last weeks rapid move down on the All Ords took the shine off most stocks.


Day Trader column for May 19 – 2010

Last week I said our market would very likely meet resistance and reverse from somewhere between 4,675 and 4,750.


Day Trader column for May 12 – 2010

The fall in our market last week was the largest one week fall since October 2008 and there has only been one other week in many years with a fall of a similar amount.


Day Trader column for May 05 – 2010

Last week saw our market close lower than the previous week. This lower close was a weekly pivot point to reverse the uptrend.


Day Trader column for April 28 – 2010.

I did not buy anything last week. As I commented in last weeks column, the daily reversal on Friday 16 was likely to be a precursor to a fall early in the week.


Day Trader column for April 21 – 2010

Our Market was very volatile last week. Last Thursday it formed a daily reversal candle followed by a reversal confirmation on Friday, when a daily pivot point to the downside formed.


Day Trader column for April 14 – 2010

Last weeks strong move up on the All Ords, suggests it is likely we will see the 5,000 mark broken this week.


Day Trader column for April 07 – 2010

Our market continued to move up last week, but it ran out of steam on Wednesday, then recovered most of that day’s losses on Thursday, to close the week 15 points from its high for the week.


Day Trader column for March 31 – 2010

Last week saw a small rise on the All Ords early in the week, then indecisive sideways trading for the remainder of the week.