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 »
This is a guest post by TradeGoldOnline. The key to any successful investment strategy is knowing the delicate balance between your comfort level and risk against a specified time horizon. The balance you strike against risk and reward will determine the type of portfolio you’ll have. Those who start investing at an early age can
Smart Steps To Follow After A Bad Trade Read More »
The bullish signal of new all time highs continue. Price is bullishly over all moving averages. The 10 day EMA has been a key short term support level. The RSI at 70.66 shows the momentum to trend through overbought price levels. The RSI over 70 has been a momentum signal since November of 2016 in
10 Fast $SPY Chart Signals: 11/5/17 Read More »
Greed can push prices far above any reasonable fundamental valuation. Fear can take prices lower than investors would have thought possible. Trend traders make money in the markets not because they predict anything but because they buy what is going up and they sell what is going down. They discover ways to measure and react
Trading Bubbles and Panics Read More »
No trading system will be profitable long term without the right risk management. In the twenty-first century it has become fashionable to manage one’s own investments, yet few traders implement disciplined, professional money management strategies. During the stock market Dotcom bubble, limiting risk was an afterthought, but after the 2008-2009 meltdown, it showed many investors
How to Manage Your Risk Read More »
The minority of people who win generally do six things differently than the majority of people that don’t. Here are my opinions of what winners do differently. Most successful people tend to wake up early because they can’t wait to get to work on their passion and vision. People that tend to love to sleep
6 Things Successful People Do Differently Read More »
Risk and volatility are two very different concepts. Volatility is the up and down nature of markets. If your trading strategy expects the markets to move up and down, as markets often do, then you must be ready to deal with volatility each and every day. Markets trend from high volatility to low volatility and
Volatility Is Not for Sissies Read More »
There’s a lot.. but one the worst things is have too much success too early and get overconfident. — Drew Marshall (@DrewDoesBiz) October 31, 2017 Believe the macro bear is making the same trades he’s preaching. — Graydon Britton (@graydonbritton) October 31, 2017 Buy DRYS — Rjwalz (@Rjwalz666) October 31, 2017 Sell naked call options.
The 10 Scariest Things a Trader Can Do Read More »
