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$SPY Chart Signals: 8/30/15

The sell off last week was fast and furious, even compared to 2000 and 2008. Once the $SPY lost the 200 day simple moving average, distribution set in. There was virtually no price recovery as the Dow Jones Industrial Average shed 2,000 points over five trading days. On Wednesday the bounce began. There is a […]

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My Most Liked Blog Posts of 2015

                    30 of the World's Best Trading Rules: 245 Retweets 7 Reasons to Never Give Up Trading: 233 Retweets 10 Great Technical Trading Rules: 213 Retweets 10 of My Favorite Trading Websites: 163 … Continue Reading

Trading Psychology

Risk Management

Jason Baker

Capital Preservation: 10 Trading Tips

  As a trader, your #1 goal is to keep your current trading capital safe and secure. Your goal as a a trader is to make money and not lose money. Many new traders lose their trading capital in the first year, … Continue Reading

Betsy Weber

Starting a Trading Business

  If a new trader wants to be a successful, they will need to treat their trading like they would operate a profitable business. Many traders lose a lot of money by approaching trading like it is a hobby. In … Continue Reading

Andrew Kuznetsov

8 Easy Ways to Blow Up Your Account

  Almost everyone has read the statistic that 90% of active traders are not profitable and eventually quit trading. While I don't have the exact numbers, I suspect that a lot of those traders blow their entire … Continue Reading