We are still in an overall bull market with the $SPY over the 50 day. Leaders are still making all time highs and leading $TSLA $FB $DDD The $SPY is in a short term down trend. Five of the past six days have been lower highs and lower lows over the previous day. We …
Thanks to George Boncoraglio for posting the four pillars in my facebook trading group. I hope my expansion does it justice. The four pillars of success: Know yourself Traders need to know what type of trading will fit their personality and risk tolerance. Some traders are patient and make excellent trend followers others engjoy …
I have searched twitter for years trying to create a valuable tweet stream for myself and here are the 16 twitter accounts that I have found that are great traders themselves, informative, fun, witty, nice, and generous. Many different types of traders and I could have easily made this a list of all the …
“That’s why most people lose money as individual investors or traders because they’re not focusing on losing money. They need to focus on the money that they have at risk and how much capital is at risk in any single investment they have. If everyone spent 90 percent of their time on that, …
20 Trading Insights from Paul Tudor Jones 1. Markets have consistently experienced “100-year events” every five years. While I spend a significant amount of my time on analytics and collecting fundamental information, at the end of the day, I am a slave to the tape and proud of it. 2. I see the younger …
Professional trader Richard Weissman was generous enough to post his trading rules in my facebook trading group and also gave me permission to share them with my blog readers. I have grown in my trading this year interacting with Richard and watching how he trades. He is also very generous in sharing his wisdom …
I sold my personal $SPY position on Thursday at the end of day. I did this because for the trend to have continued on the daily chart it had to start building another price base or go parabolic to $175 or $180 if it did not continue up then the odds were that it would …
If someone was ready to start trading and had a basic understanding of trading and the markets and asked for some of my best advice on how they could make money as a trader, this is what I would tell them. Understand that trading is like any other professional endeavor, you will be monetarily …
Ms. Raschke was recognized in Jack Schwager’s critically acclaimed book, The New Market Wizards by Olivier on December 20, 2009 Last posted in Tischendorf Letter Linda Bradford Raschke produces six figure incomes from her trading, and has had years where she made half a million in income with few losing weeks. She is truly one …
