“It’s not whether you’re right or wrong that’s important, but how much money you make when you’re right and how much you lose when you’re wrong.” – George Soros Looking at the below chart you will see that the bigger your wins are versus your losses the lower your winning percentage can be and you […]
Why Big Wins & Small Losses = Profitability Read More »
Here is the inconvenient truth about successful trading. It’s work. Trading is more than just numbers — it is a three dimensional fight that rages primarily inside the traders themselves. Missing any crucial element can ruin a trader quickly. The trader must first develop a robust trading system that fits their own personality and risk
30 Of The World’s Best Trading Rules Read More »
$AAPL in 2015 $AAPL has 3 analyst ratings in the last 7 days and 100% are positive. Median target: $143 (30% upside). All Analyst Average Ratings & Target Prices Short Interest Rises in Apple (AAPL) Friday’s Notable Options Activity: $AAPL PCs Grow 1% in Q4, HP Notches Big Gains, Followed by Dell, Lenovo:
8 Informational $AAPL Links Read More »
$SPY broke out above the 50 day sma on Thursday: In the past 4 years after $SPY crossed over the 50 day, 5 days later there were 21 wins/8 losses Average win 1.6% average loss -1.33%. $SPY bounced and regained the 50 day by the end of day on Friday. $SPY is above the
10 Fast Facts: $SPY Chart 1/11/15 Read More »
Trading Psychology and the Risk of Ruin Why The Trading Industry Fools You About Technical Analysis Wall of Worry is up High for 2015 Two Benchmarks for Momentum Trading Twitter: Quality Follows
5 Top Trading Articles 1/10/15 Read More »
Not Bearish..to clarify if you didnt understand the tweet "If we do not Hold" that means on a closing basis not some random noise MM BS — DK1 (@canuck2usa) January 9, 2015 I'll leave it at this: Trading is about finding good r/r setups..means odds in ur favor…doesn't mean u can't lose. Good odds is
Top Tweets of the Week: 1/9/15 Read More »
“Losing a position is aggravating, whereas losing your nerve is devastating.” – Ed Seykota In my experience there are three components of trading that have to be managed correctly for the trader to be successful. There is risk management, system management, and mental management. I believe that the majority of the 90% of traders
The Risk of Mental Ruin for Traders Read More »
With all the fancy charts, fundamental analysis, and experience with price action, you would think that the majority of traders would be profitable. The sad fact is that most are not successful. The majority of all traders contribute to the profits of the minority that are profitable. Even seemingly successful firms like Amaranth and
10 Reasons Traders Lose Money In The Market Read More »
Among the mistakes of the new traders that never make it to profitability is the fact that they never develop a filter to enable them to see what really matters in the financial markets. Much of what a new trader is exposed to is just pure noise. Noise does not lead to making money, it
Focus On Signals & Tune Out Noise Read More »
Here is a recap of my recent swing trade in $SPY step by step: $SPY has been in an up trending bull market for years above the 200 day moving average and it has been making new all time highs. So the best odds for me is to trade the long side primarily. The
My Recent $SPY Trade December 2014 Read More »
Price is still above both the 50 day and 200 day moving averages and both longer term movign averages still slanting upwards signaling the long term up trend remains in place. The short term uptrend has lost momentum with price currently at the 5 day ema and under the 10 day sma. The 5
10 Facts: $SPY Chart 1/4/15 Read More »
The most important thing you need to know about commodities Best Practices in Trading: Risk Management Why 2014 was a great year for the patient investor An Introduction to Decision Making Tips On How To Finally Turn Your Trading Around
5 Top Weekend Reads: 1/3/15 Read More »
Trading 101: Have a trading plan. Cut losers. Ride winners. Don't over-trade, in size or frequency. Respect and manage risk. No ego. — LTentarelli (@LMTentarelli) January 1, 2015 1. Believe in Yourself 2. Control Risk 3. Patience 4. Humility 5. Reward — DK1 (@canuck2usa) December 31, 2014 The bottom of your monitor is not a support level — the Bachelier (@three2thirty) December 30, 2014
Top Trading Tweets: 1/2/15 Read More »
As we all reflect on 2014, it is important to ask ourselves what we learned from the choices that we made while trading. The best way to do this, is to choose your most successful trade and your worst trade of the year. By dissecting the specific actions you took during your trades,
2014 Trading Recap Read More »
I will only take the very best trade set ups in 2015 discarding the average and mediocre ones. I want each trade to have an excellent risk/reward ratio. I will position size based on the worse case scenario for volatility and range expansion not what I think is a safe bet. I will use
My 10 Trading Resolutions for 2015 Read More »
Thou shalt make risk management your #1 priority when trading options. Thou shalt not let greed be your guide to position sizing. Thou shalt not kill your trading capital by selling too much option premium against a trend. Thou shalt not trade option contracts before you fully understand their pricing model. Thou shalt not
10 Commandments of Option Trading Read More »
Habits of the Rich Wealthy – defined as earning at least $160,000 annually and holding at least $3.2 million in assets They Have a Routine: Maintain a to-do list Wake up 3 hours before work Listen to audio books during commute Network 5 hours or more each month Read 30 minutes or more each
14 Habits of the Rich with Info-graphic Read More »
The $SPY closed at the end of day all time high on Friday. This is as bullish as it gets. (The algo gone wild day should not really count as the all time high price due to the circumstance of the move). The momentum continued on last weeks shortened trading week with higher highs
$SPY Chart With 10 Facts: 12/27/14 Read More »
The Parable of Uncle Joe – How the Stock Market Really Works. Definition of a Trading System Two Hidden Virtues of Successful Traders The Ultimate Guide On How To Use Risk Reward Ratio Correctly 2014: The year that nothing worked
Top 5 Trading Articles: 12/27/14 Read More »
2015 does not look like 1999 because in 1999 people were not calling for a crash every other week… — Joe Kunkle (@OptionsHawk) December 23, 2014 The "C" and "L" keys on my keyboard are no longer working from pulling so many quotes on crude. — Nicole Sherrod (@TDANSherrod) December 23, 2014 I do not
Top Tweets of the Week 12/26/14 Read More »