Are you a Gambler or a Trader (infographic)
Are you a Gambler or a Trader (infographic) Read More »
Top Trading Tweets of the Week: 4/24/15
$AMZN 15 year bull market. 8000% return. The bears who have been growling ought to be ashamed of themselves for their stupidity. — OptionsTrader31 (@OptionsTrader31) April 23, 2015 A little media on my tweet–> http://t.co/JW8Gcnu1Js — DK1 (@canuck2usa) April 22, 2015 We didn't have Tinder. In my day you drunk-dialed out of a high school
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10 Mental Errors Traders Make
The primary thing that trips up the vast majority of traders and investors is not the math, the markets, or a trend. What causes the 90% to end up unprofitable in the long run is mental errors. Errors caused by fear, ego, greed, and a lack of discipline to create a plan or to follow
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George Soros ‘ 10 Trading Principles
George Soros gained international notoriety when, in September of 1992, he risked $10 billion on a single currency speculation when he shorted the British pound. He turned out to be right, and in a single day the trade generated a profit of $1 billion – ultimately, it was reported that his profit on the transaction
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The Path to Profitable Trading
The path to profitability Commit to doing the work required to be a successful trader. Create a trading system that captures trends in your time frame. A trader has to be on the right side of the trend in their time frame. The path of least resistance is where you will find the best
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5 Big Trends For The Next 10 Years
Successful traders are always on the lookout for the next big trend. For those able to identify large societal shifts well before the market, there is potential for huge gains. For instance, how much money would you have made if you had been able to predict the success of the Internet or the iPod? Or
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The $SPY Chart Meat Grinder
Currently the $211 price level has held as the $SPY resistance on the daily chart. Friday’s resistance was the 5 day ema. On Friday the 50 day sma almost held as end of day support. For nine days $SPY has traded in a $207 support/ $211 resistance price range. With $SPY up only 1.17%
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5 Top Trading Articles: Week 4/18/15
Asymmetric Nature of Losses and Loss Aversion Mentally Strong People: The 13 Things They Avoid What I Learned By Studying My Exits Tradeciety Video Trading Education Market Masters: Why Emotional Intelligence Gives Investors An Edge
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Top Tweets of the Week 4/17/15
2012 I had 500 followers-Now I have 26,000-But I thot by now I'd have over 1 million followers-So please tell all your friends 2 follow me — Mr. Breakout (@sharptraders) April 8, 2015 If they don't get those Bloomberg terminals back online soon, I fear a major lacrosse game could break out downtown… — Downtown
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Jesse Livermore’s 10 Key Principles
#1 Livermore’s wealth was built primarily from big position trades that lasted for weeks or longer. He made his big money holding a trend not scalping or day trading. Which was very difficult in those days with commission costs and speed of execution. “Money is made by sitting, not trading.” #2 Livermore pioneered the idea
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Lessons From Trend Following Traders
Trend Following – Learn to make millions in up or down markets – by Michael Covel is the Bible for trend following traders. The book is well written and contains the key principles that the most successful money managers use to profit from trending markets. After personally reading over 200 stock trading books I have
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$DIA: My Favorite Equity Index To Own Today
I bought $UDOW at $141.92 on April 7th, as $DIA pulled back to the 50 day line and stayed above it. When trading leveraged ETFs, it’s crucial to trade them using the regular ETF, as compounding daily losses and gains distorts the leveraged chart that is a derivative of the standard ETF. $DIA
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$AAPL Surfing the 50 Day
AAPL Surfing the 50 day up The interesting thing about the current $AAPL chart, is that it is a neutral pennant pattern with the 50 day SMA line creating a rising support, and the upper resistance trend line declining. A close above the upper trend line, or a close below the 50 day SMA,
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My Profitable March 2015 $TNA Trade
I entered $TNA on March 12th after a gap and go over the 5 day EMA, after a bounce off the 50 day, near the end of the day at $85.85 I set my end of day stop for a close under the 5 day EMA. My position size limited my loss to less
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$SPY: Whipsaws, Chop, & Resistance 4/12/15
Last week the chop continued as all the bearish signals of another down leg had no follow through, and the market rallied slowly and steadily to trigger bullish signals. On Monday $SPY broke out over the 50 day, 5 day EMA and short term resistance to signal a buy. Intra-day noise last week was
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Top Trading Articles: Week 4/11/15
4 Core Beliefs That Define My Trading “Edge” 17 Reasons Why Traders Love to Trade 6 Ways to Improve Your Self-Discipline Today Paul Tudor Jones on the 200-Day Moving Average The Reason Why Support And Resistance Trading Is Not As Easy As You Think
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Top Tweets of the Week: 4/10/15
BUT WHAT DOES IT MEAN? RT @businessinsider: Extremely rare black flamingo seen in Cyprus: http://t.co/42EbYJbEYN pic.twitter.com/VsPl2ubOBG — Downtown Josh Brown (@ReformedBroker) April 9, 2015 RT @ritholtz: Analyst Career RIsk pic.twitter.com/79mLCx8nPA — Downtown Josh Brown (@ReformedBroker) April 8, 2015 #Tsarnaev verdict so far: GUILTY GUILTY GUILTY GUILTY GUILTY GUILTY GUILTY GUILTY GUILTY GUILTY GUILTY GUILTY GUILTY GUILTY GUILTY GUILTY — Grasswire (@grasswire) April 8, 2015 "I want all of the market's
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William J. O’Neil’s 10 Trading Principles:
The late William O’Neil is likely one of the greatest stock traders of our time. O’Neil made a large amount of money while he was only in his twenties, enough to buy a seat on the New York Stock Exchange. Today, he runs a successful investment advisory company to big money firms, and is also
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Ed Seykota’s 10 Top Trading Principles
Ed Seykota is one of the best performing money managers of the past 40 years. He made many clients millionaires. Mr. Seykota was a trail blazer in using computers to back test trend following systems when he had to use punch cards to do it. Here are the principles that made him a trading legend.
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Paul Tudor Jones 10 Trading Principles
Paul Tudor Jones is one of the greatest traders that’s ever lived. He has the long term record to prove it. Here are 10 principles that made him a successful and profitable trader. #1 He has a strong work ethic based on passion for the business. “The secret to being successful from a trading perspective
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