“Compound interest is the eighth wonder of the world. He who understands it earns it, he who doesn’t, pays it.” -Unknown Why is compound interest considered the eighth wonder of t... Read more
You have probably heard of the bullish 50/200 day moving average crossover golden cross or the the bearish 50/200 day moving average cross under death cross which is a long term tr... Read more
In 1996 two professors studied a sample of millionaires in the United States to understand the path that took them to a million dollar net worth. The results were very surprising a... Read more
Here is a stock market game that Danny Merkel @ChartingTrends shared on Twitter this year. This is a card game that simulates the importance of position size and trading through s... Read more
The original stoics were members of the ancient philosophical school of Stoicism started in Athens, Greece in the 3rd century B.C. In modern times a stoic is thought of as any pers... Read more
The book Rich Dad, Poor Dad is one of the best selling personal finance books of all time. It is so popular because it explains the principles of how the wealthy think versus how t... Read more
This is a guest post from Tino @tradersreality of tradersreality.com. My day to day routine, involves various activities that must be completed within a certain time frame, otherwi... Read more
This is a guest post by Katherine Rundell. Anyone who keeps an eye on the market knows that knowledge is power. So when you’re not actively trading, if you’re looking to maximize t... Read more
Theta Gang is the slang for being a member of a group of other option writers with the mindset that selling premium is a preferred strategy than buying options. They are short Thet... Read more
Maximum pain for an options chain can show the option trader the expiration date price that will cause the option buyers to lose the most money. The max pain level is the strike pr... Read more
