When your specific trading methodology quits working due to a change in the market environment, you are in a losing streak, or a drawdown in trading capital. There are things you can do to lessen the emotional and financial pain. In losing streaks, trade smaller and smaller until you start winning again. Trade less; only […]
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Forget Candlestick Patterns – This is All You Need to Know Why We Fail To Trade Our Plans After We’ve Planned Our Trades Weekly Market Summary via @ukarlewitz Market Masters: Identifying Strong Bases For Explosive Trades Trading, Trend Following, Boredom
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The $SPY continues to be range bound in 2015. Stocks as an asset class are being traded and not accumulated outside of a few individual stocks like $GOOGL, $FB, and $AMZN. The MACD currently has a weak, bullish crossover. The 5 day EMA held as support which shows momentum. The 52 RSI shows slight
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A sideways market and summer trading. This GIF sums it all up for some reason -> http://t.co/uJTAULwnjN $SPY $SPX pic.twitter.com/W0nxYfsgtB — StockTwits (@StockTwits) July 30, 2015 $SPY $USO #Insidemonthanddown #Bearishengulfingweek pic.twitter.com/m8k7xsgBu5 — Rob Smith (@RobInTheBlack) July 27, 2015 I'm not sure I can function in a society where Uber is valued at $51 Billion — StockCats
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This is a guest post posted here with the permission of Olajide Taiwo Fsgcm Aicpm of Lakazy Capital THE TREND FOLLOWING PROFITS COUNT Think of it this way: Performance data examples from the great trend followers could be the foundation of every college finance class. When you show up on the first day, instead of
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In 1959, Nicolas Darvas beat Wall Street when he traded his way from $30,000 to $2.25 million in 18 months. He did this while traveling around the world on a dance tour, while using telegrams for end of day prices, and a weekly Barron’s Magazine. How is this possible? His ten powerful principles: He traded the long side
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Historically, he 30 RSI oscillator is the key end of day support zone for $IWM. This entry is a standalone high probability long signal, for an initial bounce and potential short term bottom, as a swing trade. The 200 day simple moving average is the key long term support line in a bull market uptrend,
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$SPY is still in a range bound price zone, and is being traded and not accumulated or distributed in any meaningful way. Last week the all-time high resistance level held and the market reversed back into the trading range. $SPY made lower highs and lower lows for four straight days. The $SPY reached all-time highs
10 Facts About the $SPY Chart 7/26/15 Read More »
Decoding Chart Patterns – How To Understand Any Price Move The Thinnest New High In Stock Market History The Three R’s: Winning Practices of Successful Traders 20 successful entrepreneurs share the most important lesson they learned in their 20s 4 Considerations When Making New Investments
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spot the red flag… pic.twitter.com/Yix6Hl0TTv — StockCats (@StockCats) July 23, 2015 'The market is manipulated' Translation:- 'It's not doing what I think it should' — Jon Boorman (@JBoorman) July 24, 2015 When I have bad days, I look at my LT track record & that gives me confidence in myself and my trading methodology. – @SJosephBurns —
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Here are some of the best traders of price action that are currently on twitter. These guys have all been in the trading business a very long time and most have verified audited returns and manage money professionally or trade their own accounts. Following them can help you in your journey to trading profits by
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New traders come to trading excited about learning, and looking for a fast path to riches. The majority of new traders can make big mistakes that take their accounts to zero during their learning curve. Traders can grow their capital if they do it correctly, but there are dangers that new traders should be
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1. Believe in Yourself 2. Control Risk 3. Patience 4. Humility 5. Reward — DK1 (@canuck2usa) December 31, 2014 Rule 1: Wave 2 will never retrace more than 100% of wave 1. pic.twitter.com/XxgHcVZLRy — DK1 (@canuck2usa) February 24, 2015 The big money is made by holding positions not daytrading — DK1 (@canuck2usa) May 1, 2015
All Time Top 10 Tweets of DK1 @canuck2usa Read More »
As soon as the Greece fear subsided, many traders and investors rushed in to buy after many were on the sidelines. These worriers were fueled by the fear that Greece would set off a sell-off or systemic event. The majority of people wanting to sell were already out, and had to chase the move back
10 Facts About the $SPY Chart 7/19/15 Read More »
Chart Of The Week: Apple (AAPL) Defends 120 Level Passive Index Outflows. Momentum stocks are leading the market this year and wiping the floor with value strategies Via @ReformedBroker There Is No Perfection In Trading These 4 Questions Will Keep You From Making Trading Mistakes In this London pub, drink prices rise and fall like
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$GOOGL is it time? @sanglucci @traderstewie @UdallTechStrat pic.twitter.com/0MwCAxrxSn — DK1 (@canuck2usa) July 9, 2015 $GOOGL when I bring my special Pic out good things happen #Simple — DK1 (@canuck2usa) July 10, 2015 $GOOGL — DK1 (@canuck2usa) July 14, 2015 My long-only dedicated $NFLX fund launches in August. I've tested the strategy back to 2012, it's
My Favorite Tweets of the Week: 7/17/15 Read More »
Here are some high quality trading podcasts I enjoy listening to. I have also appeared on 4 out of 5 of these as an interview. I think you will enjoy them for their informative formats. I found all of their interview skills to be outstanding. Michael Covel Podcast: 2.5 million plus listens & 300
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The Boy Scouts have been instrumental in the personal growth of millions of young people in the United States. One of the reasons for their success is that they stand for something, and they faithfully practice what they believe. We all know “Always be prepared”, and that’s surely good advice. But they also follow something
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The anatomy of 8 basic chart patterns and their optimal entry -> http://t.co/Asbd1FZXHl pic.twitter.com/ekCxIoPZuC — StockTwits (@StockTwits) October 9, 2014 One of the most incredible chart series we’ve ever seen. Click, start scrolling -> http://t.co/5wzFUDhhMP $SPY $GLD pic.twitter.com/KdQ3WAKbRR — StockTwits (@StockTwits) February 21, 2015 This picture shows the psychology that pretty much governs all markets.
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Trading can be one of the most frustrating things many people will ever do. It is very counter-intuitive. At times, trends seem to go farther than anyone thought possible, and at other times, the market fails to trend at all. When the market seems to be ready to plunge, it rallies unexpectedly. When a stock
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