“Whenever I enter a position I have a predetermined stop. That’s the only way I can sleep at night. I know where I’m getting out before I get in.”- Bruce Kovner The biggest reasons traders end up unprofitable is simply because their big losses knock out all their previous gains. If you went back and […]
A Guide To Stop Losses 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. We haven’t talked much about the budding “trade war” between the US and, well, pretty much everybody else…
Why Trade Wars With China Don’t Matter To The Stock Market Read More »
This is a guest post by Mary Ann Callahan, she is an expert on Bitcoin-related topics, and is a Journalist at Cex.io – cryptocurrency exchange. She is working on articles related to blockchain security, bitcoin purchase guides or bitcoin regulations in different countries. Bitcoin has been in a major slump in 2018. Some media outlets
BTC to USD: Will It Recover Any Time Soon? 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. AK speaks with Tyler of Macro Ops all about how important it is to avoid overtrading in the market.
Here’s How To Stop Overtrading Read More »
“I feel my success comes from my love of the markets. I am not a casual trader. It is my life. I have a passion for trading. It is not merely a hobby or even a career choice for me. There is no question that this is what I am supposed to do with my
Happy Trader, Rich Trader Read More »
Chart Courtesy of StockCharts.com $SPY remains in a huge long term range since the January 26th unadjusted all time high of $286.63. Price is bullishly over all key moving averages. Last week price formed a price range while elevated over the 10 day EMA. With $276.50 support and $280 resistance. The 10 day EMA has
Bulls Continue to Hold the Steering Wheel 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. Stanley Druckenmiller once said that as “an economy reaches a certain level of acceleration… the Fed is no longer with you… The
The Reason The FED HATES You and Your Trading.. Read More »
The Perfect Trader is patient with entries and exits, they are focused on what works not personal opinions. They do not worry about missed trades, the Perfect Trader does not boast while winning and does not become depressed while losing. They are never too proud to admit when they are wrong and exit their trade.
The Perfect Trader 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. Everywhere you look there are robots taking over. Even in markets! With the rise of quant trading, AI, algos, and everything else,
How To Survive The Robo-Trading Takeover Read More »
“When I got into the business, there was so little information on fundamentals, and what little information one could get was largely imperfect. We learned just to go with the chart. Why work when Mr. Market can do it for you?” – Paul Tudor Jones “Fundamental analysis is the examination of the underlying forces that
Trading Price Action Instead of Fundamentals 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. We’ve been short gold (GLD) since April and have since added to the position, which has so far worked out well
Time To Short Gold Again? 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. AK speaks with Tyler of Macro Ops all about how to manage trades including the right way to take profits, how macro
Trade Management & The Benefits Of A Trading System Read More »
Chart Courtesy of StockCharts.com Price is back over all moving averages. This is bullish. Last week the 100 day SMA continued to hold as support until $SPY broke out of the two week trading range at $274. The next key resistance level on the chart is $278 then all time highs at $286.63. Volatility decreased
Signals Bulls are Winning While Bears are Whining Read More »
Traders go in search for a winning trading system not understanding that after they find one that making a few crucial mistakes can turn a profitable system into an unprofitable one. Once you have a system that seems robust from historical price data, chart studies, or back testing be careful not to make some of
10 Things That Screw Up a Good Trading System Read More »
There is a big difference between trading in an up trending market and a down trending market. Money can be made in bull markets and bear markets but you have to be trading on the right side of the trend to capture profits. Here are the ten best signs that we are in a bull
Top Ten Checklist for a Bull Market 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. Paul Tudor Jones is absolutely right. Effective communication is one of the most important skills when it comes to business
Why The Financial Media SUCKS At Their Job Read More »
A trader’s best friends are risk management, a winning trading system, perseverance, self control, and passion. Here are a trader’s worst enemies: Stubbornness: Not cutting losses and sticking with trades that are not working. Arrogance: Believing that you are smarter than the majority of market participants for no apparent reason. Competence must come before confidence.
A Trader’s 10 Worst Enemies 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. AK speaks with Tyler of Macro Ops all about the original growth stock strategy he traded markets with. This is a great
Growth Stocks, Risk Points, Position Sizes Read More »
“The best time to plant a tree was 20 years ago. The second best time is now.” – Chinese Proverb The biggest reason that the average person does not build wealth through participating in the stock market is that they simply never get started in the process. Most people know that they need to open
Get Started In the Stock Market Now Read More »
Chart Courtesy of StockCharts.com $SPY has traded in a large range so far in 2018 but up slightly +1.94% year to date. $274 has acted as resistance last week. The 100 day SMA held as support last week. The trading range expanded as the ATR trended higher last week. The MACD is under a bearish
The $SPY Chart Range: 7/1/18 Read More »