What Rainbows Can Teach Us About Trading

Rainbow in the Markets

  Every Spring,  it rains in Nashville. A lot. This Spring is no different, with torrential rains flooding our neighborhood. It's annoying when it happens, and sometimes, even dangerous. But ultimately, it brings us necessary rain, and almost always gives us something very special: a rainbow. A rainbow is a sign of new beginnings, and of change. It got me thinking … [Read more...]

You Don’t Know Where the Market is Heading!

5-30-Equities-Daily

This is a GUEST POST by Bob Loukas. Follow him  on Twitter here. I’ve been of two minds recently regarding the current Cycle picture in equities. So this week, I focused more attention on finding secondary evidence to support a more definitive position on direction. As I suspected it might, my research provided an almost endless array of contradictory evidence and … [Read more...]

The Life Cycle of the Typical Trader

The Life Cycle of a Trader

This is a GUEST POST from Rolf @Tradeciety. The exciting start Do you remember how you got started in trading? Everything seemed possible, and you were ecstatic about the possibilities that trading offered, but what happened afterwards? This article will help you understand the different phases almost all traders will go through, why they are stuck in the same routine, and … [Read more...]

DK1 @canuck2USA Says Read These Books

canuck2usa

With so many people on Twitter looking for a trading book or book recommendations by @canuck2usa, I have decided to compile a list of his tweet recommendations. I have read many of these myself, and they are truly some of the best. These are a great mixture of Elliott Wave, options, momentum trading, psychology, risk management, and rich trader methodologies.    The Bible of … [Read more...]

10 Pathways to Trading Success

Pathway to Success

  There are many paths to trading profitability, but all the paths have similar steps. Here are some important steps you must follow on your path to profitability. The amount of success you have in trading is primarily based on the amount of homework you do. You must develop a winning trading system that is based on previous price history, trend capturing in your … [Read more...]