Here are the seven most common errors traders make in a bull market. They wait for a correction to get long that never happens. So they end up missing a big part of the up trend. They do not get long with a big enough position size or enough leverage so they end up underperforming […]
7 Errors Traders Make in Bull Markets Read More »
$AMZN has almost no stores ?$Uber owns almost no cars ?$FB creates no content ✏️$BABA has no inventory ?$AirBnB owns no real estate ? Bitcoin has no physical coins ? — Stephen Burns (@SJosephBurns) November 10, 2017 A lot of the biggest and most bullish companies in the world connect buyers with sellers. These new
Bullish Connector Stocks Read More »
This is a Guest Post by Alex @MacroOps which was posted originally here: Lessons From A Trading Great: Ed Thorp and is reposted here with permission. Ed Thorp, the father of quant investing, might be the most impressive market wizard. He turned seemingly random processes into predictable events, transforming the art of speculation into a science
Lessons From A Trading Great: Ed Thorp Read More »
A trend trader’s goal is to systematically ride the waves in price action for as far as they will go. There are two different types of traders: discretionary traders and systematic traders. Discretionary Traders… Will attempt to trade the flow of information, like the news. They are trying to anticipate what the market will do.
Systematic Trading 101 Read More »
SPY remains bullish near all time highs and above all key moving averages. The 10 day EMA has stopped being intra-day support leading to more of a range bound market than one in a sharp up trend day after day. Opening low and down and finishing higher is bullish. During downtrends the market generally opens
10 $SPY Chart Signals: 11/12/17 Read More »
I really enjoy the study of economics and believe in the principles of free markets and supply and demand. I was very excited to see a book that combined what I fully understand: “economics” with what I can have difficulty understanding: “my wife”. I was not disappointed. I loved reading this book and think I
The Economics of Marriage Read More »
When I see a chart that jumps out at me it sometimes triggers me to say “All Aboard” resulting in my Wife thinking I need Psyche help #trading — CtheLightTrading (@canuck2usa) November 10, 2017 Make the most of your failures!@TonyRobbins and I discuss how to do that here. pic.twitter.com/0AgSwUxjRa — Ray Dalio (@RayDalio) November
Top Trading Tweets: Week 11/10/2017 Read More »
We can’t trade in the past or in the future all we have is the ever present now and our signals. We have to trade in the now because the past is gone and the future is unknowable. To really be a great trader we have to get comfortable with being uncomfortable. We have to
Managing The Uncertainty in Trading Read More »
“If you think education is expensive-try ignorance.” – Derek Bok In Buddhism, there are two types of enlightenment, known as Satori and Kensho. These forms of insight happen in different ways, largely based on the time spent achieving awakening. Satori occurs almost instantaneously, creating an immediate shift in perception of a personal reality. When someone becomes
The Hard Way or the Easy Way Read More »
This is a Guest Post by Alex @MacroOps which was posted originally here: The Bitcoin Bubble: A $6,000 Pokémon Card and is reposted here with permission. On May 22nd 2010, computer programmer Laszlo Hanyecz ordered two Papa John’s pizzas. They were Hawaiian style. He paid $60,000,000. According to Laszlo, they were your typical Papa John’s, and
The Bitcoin Bubble? A $6,000 Pokémon Card Read More »
