Many new traders waste a lot of time going around in a circle of no progress. They go around and around, chasing the wrong things, lured into buying into the wrong principle... Read more
We had a key reversal day back to the 100 day sma and off the 40 RSI on Wednesday October 9th. The next day on Thursday October 10th we had a powerful reversal that gapped to the 5... Read more
I began building up my capital in 1992 and started as simply a buy and hold investor. I have evolved over the years into a swing trader and trend trader and also used option... Read more
Many new traders launch into trading with great excitement and with an urgency to start making money right away. To this I would like to say, whoa cowboy. There are many things to... Read more
What a wild week for the indexes last week. On Monday SPY rested slightly under the 50 day, then Tuesday $SPY collapsed from the 50 day and found support at the 100 day. Wednesday... Read more
In over a dozen years of learning what works and what doesn’t in profitable trading I believe there are many paradoxes. Most of trading is counter intuitive and new traders u... Read more
