This is a book review of Nassim Nicholas Taleb‘s new book: Skin in the Game. Skin in the Game is about the dynamics of the behaviors of people when their actions have downside risk along with the potential reward. Too many executives and politicians have all the upside reward from compensation and none of the risks of […]
Risk/Reward Ratios in the Real World Read More »
This is a Guest Post by Alex @MacroOps which was posted originally here: and is used with permission. The Difference Between Great Traders and Good Traders: The Art of Totis Porcis The following is an excerpt from Barton Bigg’s book, Hedgehogging, where he relates a conversation with “Tim”, a successful macro investor (emphasis mine).
Great Traders versus Good Traders 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. Since the mini-crash in markets a few weeks ago, the S&P 500 has had a sharp V-bottom bottom rebound. But the question
Is This Market Rally Real Or Fake? Read More »
After the bounce off the $SPY 200 day SMA price has stabilized inside a trading range with $270 as a key support and $275 as resistance. Look for a break and close beyond these levels to confirm the next direction. The trading range has doubled in February with an ATR of 4.4. The moves have
Bulls Won the War: $SPY Chart 2/25/18 Read More »
This is a Guest Post by Jayce Bryson, he spent the first 10 years of his career as a credit analyst and then portfolio manager for a super-regional bank where he managed a half billion dollar senior loan portfolio. He started Signalee to show new traders how to take advantage of volatility to consistently grind
The Truth About Selling Covered Calls Read More »
Here is a recent example of one of my trades. I was looking to trade a trend in the energy sector after it recovered from it’s long term downtrend. I was using $XLE as my signal chart but I traded $ERX for leverage. The chart had started to turn upwards after finding a bottom. My
My Recent $ERX Trade Example 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. Do you understand the impact the Federal Reserve has on markets and your money? Most people don’t. And they’re left playing a
Fed Manipulating Markets and Money? Read More »
This is a Guest Post by Alex @MacroOps which was posted originally here Another Lesson In Position Sizing From The Volpocalypse of 2018 and is reposted here with permission. Most famous fund failures have leverage at their core. That’s the true culprit for disaster — not the actual trade ideas. Bad position sizing kills. Long
Risk Lesson From The Volpocalypse Read More »
This is a guest post by Mike Semlitsch who is a trader and software developer with a proven track record of helping novice and intermediate traders succeed in trading the financial markets. Driven by a passion to help others, he takes pride in creating and providing the best trading systems and indicators possible. As the
Day Trading With Big Winners Read More »
“There’s a million ways to make money in the markets, unfortunately they’re all very difficult to find.” – Jack Schwager Profitability in the financial markets is based on math not predictions and opinions. Here are the ten mathematical paths to profitability: Have a high winning percent where your winning trades and losing trades are similar
10 Paths to Profitable Trading Read More »
The last two weeks has had very fast price action in both directions. Moves that use to take weeks now takes days. Last week was up on good volume comparative to normal daily volume. Last week $SPY recovered from one of the quickest corrections in history as price closed back over all key moving averages.
Bullish Bounce: $SPY Chart 2/18/18 Read More »
“If trading (or any other job or endeavor) is a source of anxiety, fear, frustration, depression, or anger, something is wrong—even if you are successful in a conventional sense.” – Jack D. Schwager Anger is an emotion that is a great tool for protecting our boundaries and safety. Anger is the internal bodyguard that allows
Angry Trader, Broke Trader Read More »
Have written goals so you know what you want to accomplish and where you want to go. Let your life be guided by internal principles not external circumstances. Never take criticism from someone not doing better than you are. What the hell do they know? Internet trolls are losers, always ignore them. Never waste any
How To Be UnF*ckWithAble Read More »
This is a Guest Post by David Bergstrom, he is on twitter @dburgh he is the guy behind the Build Alpha software. He has spent many years researching, building, testing, and implementing market making and trading strategies for a high frequency trading firm, a handful of CTAs, individual clients, registered money managers, and even aspiring retail traders. His website
50 Tips for Better Trading Read More »
This is a YouTube video lesson by Rayner Teo from TradingWithRayner.com.
This Lesson Could Save Millions In Losses Read More »
10 Reasons moving averages work as trading tools. Moving averages filter trends in different timeframes. Moving averages can create entry signals at the beginning of a trend. They can be used as exit signals when price dips below them. Moving averages can be used as trailing stops so you can exit with profits when a
10 Reasons Moving Averages Work Read More »
For each trade you have to manage five things: Entry: Your trade entry has to be based on a quantified signal that will put the odds in your favor of the price moving in the direction to make you profitable. Stop loss: You have to decide on the level that price should not go if the trade
Trade Management 101 Read More »
The bull market is still in place but shaky as volatility expands and long term support levels are tested. $SPY bounced off the 200 day SMA Friday. S&P 500 futures bounced near the 200 day SMA overnight last week. The 200 day SMA is the current key support level. A close below this level opens
$SPY Chart Returns to Reality: 2/11/18 Read More »
This is a guest post by Dakota Findley, he has been published on a wide ranging spectrum of respected sites. His writing inspirations are drawn from the areas of saving/making money, goal setting, technology, investments and beyond. You can follow him on twitter at @DakotaFindley17. When to Start Tinkering With Your Trading Strategy Think its time
When to Tinker With Your Trading Strategy 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. Back in 2001 Amazon was trading for just $6. Today a share is worth over $1400, giving investors a return of over
200 Bagger? Stock With Amazon Potential Read More »