Almost everyone is familiar with legendary investor Warren Buffett who is known as the Oracle of Omaha. Mr. Buffett who has been the richest man in the world many times has reached celebrity status. His lesser know Berkshire-Hathaway partner Charlie Munger is a man that is also one of the most respected men in the …
This is a Guest Post by Jake @TrendSpider. In this weekend’s analysis, we take a look at the broad market ETF’s SPY, QQQ, and Bitcoin. There will be no webinar this weekend but make sure to sign up for next weekend’s with our guest from “The Chart Report”.
A price action trading system is a process for using new price data to make buy and sell decisions on a watch list of markets. A price action trading system attempts to use entry and exit signals that have an edge by creating good risk/reward ratios that lead to profitable trading. There are five primary …
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Paul Tudor Jones is one of the greatest traders and money managers of his generation. He has had no losing years in his primary fund for decades. He was able to more than double his capital under management during the Black Monday Crash of 1987 while others faced huge drawdowns and account blow ups. He …
Netflix (NFLX) has been on a tear since 2012 but peaked in 2018 and has yet to best its All Time High. So, what gives? Currently it is trading almost 40% below peak levels and one should start to wonder if it is a buy or not because buy-low and sell-high is one of the …
Jesse Livermore was an early innovator in the trading world as one of the first traders to create a trading plan and a system. He basically invented price action trading and trend following in the early 20th century. He had higher highs and lower lows than most people can even imagine, he both became wealthy …
A moving average crossover signal is when you use both a short term moving average and a long term moving average on the same chart. A crossover signal is generated when the moving averages break above or break below each other. A trader buys when the shorter term moving average crosses over the longer term …
Technical indicators give traders ways to quantify and measure price action. A technical indicator can show the direction of the current trend, volatility, momentum, and whether a market is overbought or oversold. The best use of technical indicators is to use them to create great risk/reward ratios on entry. Technical indicators can also be the …
IRAs and 401Ks are designed to enable people to save money in investment accounts by offering tax advantages for doing so. These retirement accounts were meant to replace the defined employer pension plans of the past. With a pension plan an employee received a defined perpetual payment every month from their employee based on years …
I get asked all the time the question: “What moving average is better the simple moving average or the exponential moving average?” The answer to this is that it depends on the market you are trading and what your backtests show on your specific markets. The simple moving average is just that, simply the moving …
