Trading Habit #8 Bull Markets have no long term resistance, and Bear Markets have no long term support. After a Bearish market environment many sellers and ‘weak hands’ get washed out of the market during the process of lower lows over a long period of time. During a 20% drop in prices into a bear […]
When Resistance and Support Do Not Matter Read More »
Here are fourteen common steps on the path to profitable trading. You start trading with a lack of knowledge, not even knowing the right questions to ask. Your trades and results are random. You lose money and learn that every trade is not going to be profitable. You try to follow gurus thinking they can
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This is a Guest Post by AK of Fallible AK has been an analyst at long/short equity investment firms, global macro funds, and corporate economics departments. He co-founded Macro Ops and is the host of Fallible. Failure in trading can actually be a GOOD thing. Don’t believe me? Well you don’t have to take my word for
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This is a Guest Post by AK of Fallible AK has been an analyst at long/short equity investment firms, global macro funds, and corporate economics departments. He co-founded Macro Ops and is the host of Fallible. PUT_CHARACTERS_HERE Today we are going to discuss why you need to keep a trading journal. We’ll talk about why it will
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This is a guest post by Glenn Drewes. His swing trading blog can be found at Greedygoblintrader.com The great and legendary trader Peter Brandt has an amazing quote: “I have no control over whether or not a trade will be profitable. My job is to enter orders. Nothing more, nothing less!” As a swing trader who
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This is a Guest Post by AK of Fallible AK has been an analyst at long/short equity investment firms, global macro funds, and corporate economics departments. He co-founded Macro Ops and is the host of Fallible. Aw Tesla shorts… are you struggling right now? At the annual shareholders meeting Elon revealed that Tesla (TSLA) will not only meet,
Why You’re STUPID For Shorting Tesla Read More »
Chart Courtesy of StockCharts.com Price remains bullish over all moving averages. The 10 day EMA has been the end of day support for six straight trading days. New bullish 50 day / 100 day crossover. The bullish 10 day / 50 day crossover still in place. Volume has been low but increasing as the market
10 Bull Signals on the $SPY Chart: 6/10/18 Read More »
This is a Guest Post by: Colibri Trader @priceinaction. This article is used here with permission and originally appeared here on ColibriTrader.com. Two scenarios to choose from if you want to become good at trading and anything else 1) Scenario 1 -Keep your head down -Follow instructions -Obey your boss -Suck it up 2) Scenario 2
What Would Make You Good At Trading? Read More »
This is a Guest Post by AK of Fallible AK has been an analyst at long/short equity investment firms, global macro funds, and corporate economics departments. He co-founded Macro Ops and is the host of Fallible. In this video we talk about why India (INDA) and commodities in general are the next huge investment trend. To understand why,
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This is a guest post by Christopher M. Uhl, CMA from 10minutestocktrader.com Weekly Expiring Options: Easy Profits or Potential Headache? Wouldn’t it be great to sell options on Monday and collect a paycheck on Friday as they expire out of the money? That’s a trader’s dream. Unfortunately, this can also quickly become a trader’s nightmare.
Weekly Expiring Options: Easy Profits or Potential Headache? Read More »
Here are ten things that many of the top traders I have studied have in common: They learn to think for themselves and create their own trading signals and systems that match their own personalities and risk tolerance. They do not ask for other’s opinions they follow their own plan. They don’t care about other’s
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This is a Guest Post by AK of Fallible AK has been an analyst at long/short equity investment firms, global macro funds, and corporate economics departments. He co-founded Macro Ops and is the host of Fallible. Ben Kim’s timidness on Billions is sad. Especially when he’s so smart and capable! But fortunately Wendy helps him get over it.
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The majority of people think the only way to make money is to have a job. They also think they must go to college to get a good job. A job is just a one of many ways to create cash flow and earn money. The first step toward financial independence and growing your net
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$SPY has been in a trading range since May 9th with $267 support and $274.25 resistance. Secondary support is the 100 day sma. The final level of support is the 50 day ema where we did get the bounce back on Tuesday. Volume was slightly higher on down days than up days last week. The
The Bullish Bias on the $SPY Chart: 6/3/18 Read More »
Here are five hidden dangers that new traders need to be aware of before they begin trading live with real money. Market liquidity: The spread between the bid and the ask prices can result in losses of capital when both entering and exiting a trade. The biggest dangers for large bid/ask spreads are with thinly
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This is a Guest Post by AK of Fallible AK has been an analyst at long/short equity investment firms, global macro funds, and corporate economics departments. He co-founded Macro Ops and is the host of Fallible. Recently Netflix (NFLX) surpassed Disney (DIS) in terms of market cap, making it a more valuable company in the eyes of the
How To Measure Stock Valuations: Netflix vs Disney Read More »
There are principles to wealth just like there are things that will leave you broke with little or no money. Money flows from those that consume to those that create. The world is a big cash flow chart and employees, investors, traders, business owners, and consumers are all part of the flow. Money flows from
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This is a guest post by Christopher M. Uhl, CMA from 10minutestocktrader.com If you’re an American looking to go on vacation and see the Eiffel tower, you’re in luck! That George Washington in your wallet can go a lot further than it used to. But if you’re tired of baguettes and looking for a burger
Trading The Euro With Probabilities Read More »
This is a Guest Post by AK of Fallible AK has been an analyst at long/short equity investment firms, global macro funds, and corporate economics departments. He co-founded Macro Ops and is the host of Fallible. Today we’re going to talk about meditation and how it can help improve your trading process and boost your profits. Of course
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This is a Guest Post by Al Hill the Co-Founder of Tradingsim.com. You can follow TradingSim on twitter here. It’s All About the Entry This post is spot on for my trading activity today in the market. I went long the stock DDS first thing in the morning on a breakout. Since 70% of breakouts
It’s All About the Entry Read More »