I am not counting the long extended wick on the $SPY chart becasue this is what happened: Berserk, Broken Rampathon Algo “Buys” The S&P At 2,130 The all time high that is relevant after the dividend on the adjusted $SPY chart is now $207.50 and on the $SPX it is now $2079.50. Breaking out […]
Facts About the $SPY Chart: 12/21/14 Read More »
Each year, I run a poll to find the most helpful traders on Twitter. This year I had more than 1,000 votes cast, and here are the top 20 most helpful traders according to my readers. Thanks to everyone who took the time to vote, and for all the retweets and shares. This is
Twitter’s 20 Most Helpful Traders: 2014 Read More »
Albert Einstein on Sifting the Essential from the Non-Essential An Epic Blowout Michael Gervais: Mindfulness and High Performance Training with the Seahawks (video) Howard Marks: Lessons Learned from the Oil Crash Picking the right Trading jungle
5 Great Trading Articles: 12/20/14 Read More »
Here are the minutes from the last FOMC meeting. pic.twitter.com/zNEApdrzeb — Rudolf E. Havenstein (@RudyHavenstein) December 19, 2014 Congrats playa pic.twitter.com/21aqHkqU5V — Downtown Josh Brown (@ReformedBroker) December 19, 2014 So Citi thinks Instagram is worth $35 billion. Do you remember that Citi once thought Vikram Pandit's hedge fund was worth $800 million? — Downtown Josh
Trading Tweets Of the Week: 12/19/14 Read More »
When a market gaps up out of a trading range it confounds many traders. They do not understand how the price can gap up to a whole new trading range, stay there all day, and even go higher through the day. If the gap is out of an oversold level it is actually a
What Causes A Gap & Go? Read More »
There is nothing simple or painless about trading for a living. You have to compete in a rivalrous arena, defeat other gladiators, and not get yourself killed in the process. Here are a few ways to become a better trader and overcome your opponents. Face reality- Spend time analyzing what you do and
Two Traders Enter, One Trader Leaves Read More »
After reading several hundred trading books I have come to the conclusion that the vast majority are a complete waste of time. However the 10% or so that are good can be life changing and improve your trading dramatically. In looking through my trading library for life changing books, checking out the top sellers
Best Books in the World on Trading Read More »
Paul Tudor Jones’ shorting stock index futures on Black Monday was one of the greatest trading days by any trader in history. Paul Tudor Jones correctly predicted on his documentary in 1986 based on chart patterns that the market was on the path to a crash of epic proportions. He profited handsomely from the
Paul Tudor Jones: Black Monday 1987 Read More »
The profitable trading system in the stock market for the past two years has been to but the dip. The question is what level presents the best probabilities for a dip buying bounce? We currently have three key support levels converging: The 50 day moving average at $200.22. The $200 price century mark
$SPY : High Probability Buy Levels Read More »
The Cast of Characters on Finance Twitter How To Become A Profitable Trader With A 9 To 5 Job 4 Profitable Chart Patterns For Swing Traders The Work Required To Have An Opinion Hedge Fund Market Wizards – Joe Vidich
5 Top Trading Articles: Week 12/12/14 Read More »
