This is a sample chapter from my book The Ultimate Guide to Chart Patterns. Bull flag pattern chart facts: The bull flag is a continuation pattern of the previous uptrend. A bull flag chart pattern occurs after an uptrend out of a previous price base. The ‘pole’ is represented by the previous uptrend in price before […]
Here are four of the best bitcoin trading strategies using moving average crossover signals to swing trade and trend trade the ^BTCUSD pair. These are examples of trading signals for capturing moves to the upside and going to cash if price starts moving down. 5 day / 20 day ema crossover: Flying Eagle 5 day
Best Bitcoin Trading Strategies Read More »
This is a sample chapter from my book The Ultimate Guide to Chart Patterns. The cup and handle pattern is a bullish continuation pattern and momentum buy signal as it breaks out of the ‘handle’ in the formation. It was originally intended to be used with high growth stocks within the ‘CAN SLIM’ system. I
Cup and Handle Pattern Read More »
Heikin Ashi candlestick charts are a different variation of traditional Japanese candlesticks. Heikin Ashi candlesticks use the opening and closing price data from the previous period and also the opening-high-low-closing price data from the current period to build a combination candlestick. The Heikin Ashi formula candlestick filters out a lot of the price action noise
Heikin Ashi Candlestick Chart Read More »
What is the best moving average crossover for swing trading? My favorite moving average crossover for swing trading that I have also confirmed through backtesting on the momentum names on my watchlist is the 5 day exponential moving average / 20 day exponential moving average crossover on the daily chart. I call this bullish crossover
Best Moving Average Crossover For Swing Trading Read More »
What is ATR? The ATR indicator is the average true range technical indicator used in technical analysis to quantify the multi-day price range volatility on a chart. It is usually derived from the 14-day simple moving average of prices and the trading range and calculates the full trading range of price action. Charts can have gaps
ATR Indicator Explained Read More »
Here is a sample chapter from my newest book The Ultimate Guide to Candlestick Chart Patterns. A candlestick is a type of chart used in trading as a visual representation of past and current price action in specified timeframes. A candlestick consists of the ‘body’ with an upper or lower ‘wick’ or ‘shadow’. Most candlestick
How to Read Candlesticks Read More »
Here are the current richest people in the world in 2021 as of March. In looking at this list it is clear that founding and building a business while keeping a large amount of equity ownership in the company is the path to world class wealth. Nothing creates net worth on a larger scale than
Current Richest People in the World 2021 Read More »
Here is an updated top 20 list of the highest current most shorted stocks in the NASDAQ with the highest short interest in the middle of March 2021 based on the most recent information available. Be aware that the NASDAQ short interest is updated twice a month. Short interest data is reported on mid-month and end-of-month settlement
Current Most Shorted Stocks NASDAQ 2021: March Update Read More »
Option contract prices will increase as the probabilities of them expiring in-the-money are greater and will go down as the probabilities of them expiring in-the-money decreases. As options get closer to being in-the-money they capture more of their underlying assets move, as they get farther away from being in-the-money they capture less of their underlying
Understanding Vega in Options Read More »
The buy side versus the sell side in the stock investment world refers to the contrast between the primary accumulators of stocks and the primary distributors of stocks. The buy side of the financial markets are the institutions that purchases and invests in large position sizes of stocks as money managers and fund managers. The
Buy Side vs Sell Side Read More »
A smoothed moving average (SMMA) is like a simple moving average (SMA) as it tries to quantify the trend in a specific time frame. However, the SMMA would rather filter price action noise than reduce the signal lag time. The SMMA changes, moves, and curves much slower than the more popular SMA. A smoothed moving
Smoothed Moving Average (SMMA) Read More »
A top down analysis approach to fundamental investing starts with the highest level of macro economic data and works its way down to a specific company by filtering each layer of financial information to find the best place to invest capital. The top down analysis will start with the current global economy, then drill down
Top Down Analysis Definition Read More »
Bill Ackman is ranked #391 in 2021 on the Forbes 400 wealthiest list with a $2.9 billion net worth. Bill Ackman became a billionaire through operating the Pershing Square Capital Management hedge fund that he founded in 2004. He became famous in the financial world for his short position on bond insurer MBIA and his
Current Bill Ackman Portfolio 2021 Read More »
Warren Buffett’s company Berkshire Hathaway was holding 38 different company stocks in its portfolio on December 31st 2020, according to the most recent regulatory filing with the SEC in the 4th quarter of 2020. The five biggest positions account for over 67% of the portfolio’s value: $AAPL $BAC $KO $AXP and $KHC. The top ten
Current Warren Buffett Stocks 2021 Read More »
Here are 65 lessons I learned after spending thirty years trading and investing in the stock market from 1991-2021. A trend can go farther and longer than I ever expect. The best traders are open-minded and flexible in their trades. For most traders less trades is better than more trades, focus only on the best
Things I Learned After 30 Years of Trading Read More »
The high wave spinning top candlestick pattern consists of a candle with both a large body and also long wicks above and below sandwiched between small candles both before and after it forms. This candle pattern looks like the combination of a large spinning top and a long legged doji candle put together. The wide
High Wave Spinning Top Candle Read More »
The Judas candle pattern consists of a large red bearish candle followed by a long bullish white reversal candle with a long lower tail which is approximately equal to the bearish candle in length. It can be a powerful bullish signal when it appears after a downswing or downtrend in price action. This bullish candlestick
Judas Candle Pattern Read More »
The risk of ruin formula shows the probability a trader could lose enough of their trading capital that the return to even or being profitable is near zero for that account. The concept of the risk of ruin came from the world of gambling, but evolved to also show the risk to both traders in
Risk of Ruin Formula Read More »
Seth Klarman is a billionaire hedge fund manager, and author. His primary method in the markets is value investing like Benjamin Graham. His focus is on finding unpopular assets that are undervalued and he buys them looking for a price rise back to true value over time. He is the portfolio manager of the Baupost
Current Seth Klarman Portfolio 2021 Read More »