Trading psychology is the emotional and ego elements that enter into buy and sale decisions during the decision making processes of buying and selling along with how big of a position to take. Humans are emotional beings and don’t always act rationally. Crowd behavior is what causes the huge asset bubbles that become far removed […]
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A list of the current highest short interest stocks can be a great place to look for potential deep dip value buys. The most shorted stocks on major U.S. stock exchanges is also a good list to watch and stay updated on for potential short squeeze opportunities. The higher the short interest percentage rises in ranking
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A plan quantifies intentions or decisions about what you are going to do ahead of time. It is a map or decision tree that acts as a guide as things play out. A strategy is the science and art of employing plans or stratagems toward a goal. A strategy is an integrative set of choices
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Moving averages are technical trading tools that can help identify trends on different time frames. They can replace opinions and predictions for making trading decisions by being used as signals. Moving averages can identify trends and swings in price action in real time also signal range bound markets when they go flat with no directional
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At the time Michael Burry first warned about inflation it was still under the Federal Reserve’s target rate of 2%. When Burry turned bearish in early 2021 he was in the minority, as most people in the financial world were bullish and central banks and politicians believed inflation was transitory. Since then, inflation has now
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By Scott Redler What is your goal as a trader? To make $1,000 a month? $1 million a year? No matter how big your goals are, you have to start by not losing. You have to start by avoiding common mistakes that can take away your money, your confidence, and your pride. So let’s go
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Jesse Livermore is one of the most fascinating trading legends in history. His rise from humble beginnings to the peak of trading success and his multiple bankruptcies and final ending has fascinated people from his own time until today. In his teachings we can learn what to do in the markets to make a fortune
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An algorithm is a process or set of rules to be followed in calculations or problem-solving, especially by a computer. What if there was a system that people used knowingly or not, to become wealthy? Is there a mental process that people can use to program their selves to be successful and rich as a
The Billionaire Algorithm (It can change your future) Read More »
The number 1 habit almost every billionaire has is a visualization of the future they want to create. If you read their autobiographies, every self-made billionaire starts with a vision they have about a business they think they can create. Whether it’s a new business model, technology, or product they can see it clearly in
The No.1 Habit Billionaires Run Daily Read More »
Technical analysis is the art and science of reading charts to quantify the trend or trading range price is in, the path of least resistance for the next directional move, the area of value on the chart, and create good risk/reward ratios by defining key technical levels. There are two major schools of thought within
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In technical analysis, support is the price level on a chart that is quantified with a horizontal trend line that identifies the high probability location where buyers are located based on previous behavior. Resistance is the price level on a chart that is quantified with a horizontal trend line that identifies the high probability location
Support and Resistance Cheatsheet (95% Of Traders Don’t Know This) Read More »
Warren Buffett has been very vocal about Bitcoin with his opinions, predictions, and what he believes will be the logical outcome of Bitcoin and the cryptocurrency market over the long-term. Let’s look at what Buffett has said about Bitcoin over the past 8 years. Warren Buffett Bitcoin Opinion “It’s ingenious and blockchain is important but
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Warren Buffett and Elon Musk have spared back and forth many times. With Musk calling Buffett simply a master allocator of capital and not an innovator of businesses or technology. “I’m not Warren Buffett’s biggest fan, frankly,” Musk said in an interview. “He sits there and reads all these annual reports, which are super boring.”
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There is a story floating around online and in books that says Warren Buffett, supposedly gave his personal pilot life coaching and told him the secret to success was on setting life’s goals and then focusing on accomplishing only the ones you find most important. What does he supposedly tell him? The 5/25 rule. What
Warren Buffett’s 5/25 Rule Will Help You Focus On The Things That Matter Read More »
Charlie Munger’s lessons came from running real businesses and his own life’s journey that was difficult at times. He believes that mistakes can be some of the best education you can get in life as you learn things from experience. He is an avid reader like Warren Buffett but believes that is just one way
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Recessions don’t become real to most people until they start worrying about losing their own job. What happens in a recession? Since World War 2, there has been two common factors that have happened during every recession: The GDP that shows economic output goes down. Unemployment goes up. Is the US in a recession 2022?
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Here are the world’s largest ten economies in the world in 2022 ranked by gross domestic product. What are the top 10 countries according to GDP? Largest economies in the world 2022: Rank/Country/GDP (Current prices, USD) #1 🇺🇸 United States $25.3 trillion #2 🇨🇳 China $19.9 trillion #3 🇯🇵 Japan $4.9 trillion #4 🇩🇪 Germany
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Warren was very interested in creating his own businesses and investments from an early age. At seven years old he was motivated by a book he found in his local public library called One Thousand Ways to Make $1000. This book got him started thinking about different ways to make money as a kid, it was like
How Warren Buffett Made His First $1,000,000 Read More »
Candlesticks are a type of chart that clearly represents the behavior of buyers and sellers through visual price action patterns. They are a very helpful type of chart that can be used for seeing patterns form on a chart and establish signals. Here are three ways that candlestick charts can be used to quantify patterns
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Here are the five primary reasons the majority of traders lose money in the markets. Trading too Soon Trading real capital in the markets before you are ready can be very expensive. Before you begin trading you should have already backtested your strategy if you are a swing trader or trend trader or used a
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