The market loved the surprising move by the Bank of Japan going to negative rates on Friday. This was the catalyst for the Friday move forcing short sellers to cover and momentum traders to chase the move. $SPY had a MACD bullish crossover on Thursday before the huge up day Friday. The 10 day EMA […]
Bulls Take the Wheel: SPY Chart 1/31/16 Read More »
Trading is a dual major in liberal arts and math Dallas Fed “Responds” To Zero Hedge FOIA Request The Best Trading Strategy for Trading Trend and Range Weekend Market Commentary 1/29/2016 – $RUT, $RVX, $SPX, $VIX, $VXV via @ThetaTrend How to manage risk as a trader. Become a professional risk manager
My Favorite Trading Articles: Week 1/30/16 Read More »
Hell of a week and what a month!!!This year will challenge all of us & our psychology to the max.Process & discipline are key. — Northy (@NorthmanTrader) January 29, 2016 I sincerely hope Dennis Gartman never proclaims the world to be safe from asteroids. — Northy (@NorthmanTrader) January 27, 2016 So many predictions, so much
Trading Tweets of the Week:1/29/16 Read More »
Technological advancements like the iPhone cause traditional products. Even retailers like Amazon are over-trading platforms that connect directly to consumers and are displacing companies and even entire industries. Here is a list of things that are going away: Brick and mortar retailers: Amazon has already rendered bookstores and electronic stores obsolete, and they are now working on
12 Dying Industries Read More »
This is a guest post by Dan Neagoy @ThetaTrend. Dan is the founder of Theta Trend a site devoted to helping retail traders become consistently profitable options income traders. Put 75%+ Odds In Your Favor – How To Increase Your Probability of Success With Options One of the biggest challenges newer traders face is finding a
How To Increase Your Probability of Success With Options Read More »
Traders may be waiting for the market to settle down and give them more clarity about the trend. For the moving average to hold, for volatility to decrease, for the economic numbers to be more positive, for oil prices to find a range, for your bad luck with entries to end…. The reality is, the market action will NEVER give you the perfect time. That right moment for entry never
Good Trades are Never Easy Read More »
Let me guess. You’re into trading because you want financial freedom, to make lots of money, and to fire your boss. You learn everything you can get your hands on. Trading books, courses, forums etc. 1 year has passed… 2 years have passed… 3 years have passed… And you’re still not profitable. The bad news
How to be a Profitable Trader in 180 Days Read More »
$SPY broke out over the 5 day EMA Friday. This shows short term momentum out of the downtrend. This is an early bull signal, but only the first. The 5 Day EMA held as support Friday. This level needs to hold to confirm this is a short term reversal. Friday’s up day was on lower volume than
First Bullish Baby Steps $SPY Chart 1/24/16 Read More »
The Truth About Trading For A Living (Tips for people getting started) Boost Your Trading Performance by Objectively Grading Trades and Days Using A Market Crisis To Find Ways To Improve Your Trading The illusion of control and having a winner after a winner – things traders don’t know Some Corrections Turn into Bear Markets
Top Trading Articles of the Week: 1/23/16 Read More »
No truth to this @zerohedge story. The Dallas Fed does not issue such guidance to banks. https://t.co/rmE3Zul3PM — Dallas Fed (@DallasFed) January 18, 2016 those who took the opposite of Goldman's Top Trades for 2016 is up double digits 3 weeks into 2016 — zerohedge (@zerohedge) January 22, 2016 Commodity fund friend tells me they’re
Top Tweets of the Week 1/22/16 Read More »