The Emotions vs. Sentiments Tim Pickering: “Investments can be broken down into essentially two types: Convergent and Divergent S&P 500 Trading Update: Will Lower Support Levels Hold? How Language Defines Our Limits–And Our Opportunities Diversification Will Always Disappoint
Top Trading Articles of the Week: 6/4/16 Read More »
My mentor always told me why initiate a new position/trade just before a # comes out wait and let all the emotional trades execute 1st — DK1 (@canuck2usa) June 3, 2016 As always if you are over emotional about your trades you're position size is to large — DK1 (@canuck2usa) June 3, 2016 Zero conviction
Top Trading Tweets of the Week: 6/3/16 Read More »
I really enjoyed this book by author Darrin Donnely who runs the DarvasTrader.com website. It was hard to put down, because it told the story of a head football coach that rose to the top of his profession with an NFL team, only to leave in failure and return to coach college football. Many of us are able to relate
Think Like a Warrior Read More »
For those of you that aren’t familiar with StockTwits.com, it’s a social media network for traders and investors that’s powered by $CashTag streams where people can post information about their favorite companies based on their stocks ticker symbols (Example $AAPL). (Twitter later adopted the $Cashtag alongside its own #Hashtags). You will find charts, technical and fundamental analysis, trading and
My Favorite 10 Follows on StockTwits Read More »
Technical indicators are not magical and they are not a Holy Grail. Market price action changes from trends to price ranges, and from low volatility to high volatility. They are good for building systems so you can measure your risk on each trade, and use them as trading tools to quantify your entries and exits. They are
Technical Trading Tools 101 Read More »
Chart Courtesy of StockCharts.com $SPY is over all key moving averages indicating an uptrend. MACD is under a fresh bullish cross. Slow Stochastic is under a bullish cross. The ATR is declining which is bullish. 62.45 RSI shows strong momentum and gives price room to move higher. Last week was on low volume which is
Bulls Win: SPY Chart 5/29/16 Read More »
BreakingOutBad SoundCloud | “Eliminate Non Traders From Your Trading Circle” | Length: 15 minutes https://t.co/3snDIaUAyW — Walter White (@BreakingOutBad) May 27, 2016 Meeting the Challenge of Secondary Frustration What Is Under Your ETF’s Hood? The 14 best lessons from “What I learned losing a million dollars” Liquidity and Frozen Ice Theory
Top Trading Articles: Week 5/28/16 Read More »
$SPX from a trader friend : Headline news : Trend lines need to be redrawn soon $SPX pic.twitter.com/mRNnwMySM6 — DK1 (@canuck2usa) May 25, 2016 So you entered a trade based on a Weekly signal and now you are staring at a 1min chart? — DK1 (@canuck2usa) May 25, 2016 Over the last 3 years, the
Top Trading Tweets of the Week 5/27/16 Read More »
Picture Courtesy of Seabamirum One of the biggest mistakes new traders make is to focus on the rare ‘Black Swan’ event happening instead of simply trading a methodical system. Too many traders continually bet on a big crash happening by buying put options or selling futures short in the middle of a bull market than simply going
Black Swans, White Swans Read More »
This is a guest post by Jack Schwager author of the “Market Wizard” series of books. On Revisiting The New Market Wizards A Quarter Century Later Recently, I had the opportunity to manage the process of creating an audio version of The New Market Wizards—a task that was previously handled by publishers for the audio
Revisiting The New Market Wizards A Quarter Century Later Read More »
