When I unfollow someone on twitter it is nothing personal, that account just does not match my style of trading and is not helpful to me in my learning and growing as a trader. I really lean towards the big picture in trading with risk management, trader psychology, and robust systems. I believe […]
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@SJosephBurns @TraderHMS @tradewithpete “dancing” “blowout” “exploding” are some of the emotional words used on a stock moments ago @CNBC — Peter (@Trendanoid) February 7, 2014 If you look at charts enough you see patterns that resolve a certain way a high % of the time thats not really teachable Im sure you agree.
Tweets Of The Week 2/7/14 Read More »
For anyone watching the Super Bowl Sunday we got to see a #1 ranked defense completely shut down a #1 ranked offense. In Super Bowl history 5 times a defense ranked #1 in the regular season has faced a team ranked as the #1 offense
10 Reasons Why Great Defense Wins Super Bowls & In Trading Read More »
You Will Eventually Blow Up Your Trading Account If…. You consistently trade huge position sizes in volatile trading vehicles. You enter a trade with no exit strategy. You care more about being right than making money. Your emotions fluctuate wildly with your
You Will Eventually Blow Up Your Trading Account If…. Read More »
Looking back at my early success in the stock market in the late nineties and even in the early 2000’s with the level of knowledge I had then at first glance at my returns I thought I was just lucky. However
Ten Personality Traits That Have Always Saved My Trading Read More »
If you are a trader then you should never lose more than 1% of your total trading capital in any one trade through the use of position sizing based on volatility and stop losses. Don’t fight a down trend: only take high probability entries with great risk/reward ratios. Stick with your trading plan this
How A Trader Can Stop The Bleeding In A Downtrend Read More »
The stock market is still in a long term up trend by staying over the 200 day sma. In the short term down trend the 100 day ema has acted as support. The $SPY price action has been under the 5 day ema for 7 days and has acted as end of day resistance.
Ten Fast Facts about the $SPY Chart Read More »
