$SPY has been in a $205 support and $208.50 resistance trading range for two weeks. For the past seven out of ten days $SPY has closed lower than it opened. This is a sign of distribution. A bearish MACD crossover is signaling a leveling out in the up trend and a loss of momentum. […]
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A Guide To How To Use Moving Averages The Three P’s of Excellent Trade Execution 10 Price Action Tips That Will Make You a Better Swing Trader Trading Options In Three Dimensions Market Masters: The Trader’s Journey; The Hero’s Journey
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Once again Mario Draghi is all talk, no actual money committed. He’d be a great trader on Twitter. — Downtown Josh Brown (@ReformedBroker) December 4, 2014 You can always tell who is killing it by the number of motivational quotes they post. — Irrelevant Investor (@michaelbatnick) December 5, 2014 “The bond market and the stock
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Richard Rhodes’ Trading Rules 29 Rules for Trend Following Stocks Bernard Baruch’s 10 Trading Rules Dennis Gartman’s 22 “Rules of Trading” Jesse Livermore’s 21 Trading Rules 20 Golden Rules For Traders Trading Rules From A Professional Trader The Art of Trading: Golden Rules
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Guest Post by JB Marwood @MarwoodJB on Twitter. It was 10:30 AM and I’d already been through so many round trips I could probably claim back a flight to Las Vegas. We’d previously been told not to look at our P&L’s, but I just couldn’t help myself. Every 20 seconds I’d bring the window back
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This is a guest post by Helyn Bolanis: Founder,CEO,& Chief Investment Officer @ParlanFinancial Corp. You Don’t have to be an Investment Geek to Make Money with this Idea Ever wonder why a stock or the market just takes off like a rocket, with no apparent rhyme or reason? Me too. Sometimes you get why
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$TSLA closed below the 200 day moving average. This is a key dividing line between an long term up trend ending and a down trend beginning. In the intermediate time frame the 50 day line itself is at a downward curve. The RSI gives $TSLA plenty of room for more downside. Stocks do not
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All time highs are bullish. Everyone that has every bought the S&P 500 index has a profit, or is very close to one. At these levels, almost no stop losses are being hit; only profit taking puts pressure on the market. The long term up trend is in place with years of higher
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Is It Possible To Predict Black Swans? Humans Are Hardwired For Trading Failure A Guide To How To Use Moving Averages 10 Things I’ve Learned About Trading Over The Past Decade HOWARD MARKS: Here’s What Everyone Gets Wrong About Risk And Reward
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The bears will finally have their wish come true today. The market will close early. — Jon Boorman, CMT (@JBoorman) November 28, 2014 After "excluding items" I didn't really overeat at Thanksgiving. Adjusted EBITDA = Eating Before Ice cream, Turkey, Dressing & Apple pie. — Tren Griffin (@trengriffin) November 28, 2014 There's a longer line
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There is a story in the book Anti-Fragile of a turkey that is fed for 1,000 days by a butcher, and everyday, confirms to the turkey and the turkey’s economics department and the turkey’s risk management department and the turkey’s analytical department that the butcher loves turkeys, and every day brings more confidence to the
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There are many simple principles that can make all the difference between allowing your money to grow or staying broke. Here is a very simple and quick top ten list that if followed with discipline can make a huge difference in a person’s life. Simple but very difficult for most people to follow consistently over
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Subjective: Based on or influenced by personal feelings, tastes, or opinions. Proceeding from or taking place in a person’s mind rather than the external world. Subjective traders are intertwined with their trades. They generally enter out of greed and exit based on fear. They believe in their opinions more than the actual price action. They
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Unfortunately, the retail trading world is full of false promises. No other industry has as many snake oil salesmen, promising to make traders rich for a fee. The more a newsletter writer or trading system seller tells you how easy trading is, the more cautious you should be. Consistently profitable trading requires a
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The long and short term up trends in the market are both in place. This market has gone parabolic on a break above the 70 RSI. This is a rare outlier event to run so far with no pullback. This is currently a market for trend followers and momentum traders. Short signals have failed
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Scientist Discovered Why Most Traders Lose Money – 24 Surprising Statistics The Theory Of Reflexivity: A Primer For Today’s Market The Secret to Momentum is the 52-Week High?? Trick Quickly Reveals Stock Price Manipulation Tony Robbins tells you how to make money like a billionaire
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Morning coffee always tastes better when things working — DK1 (@canuck2usa) November 21, 2014 “Our greatest power is that we know that we don’t know…" – Ray Dalio. — The Chartist (@thechartist) November 21, 2014 RT @pdacosta: There's an economic forecasting competition on TV pic.twitter.com/zBW426aV6C — Jon Boorman, CMT (@JBoorman) November 20, 2014 There's a
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As a trader, your #1 goal is to keep your current trading capital safe and secure. Your goal as a a trader is to make money and not lose money. Many new traders lose their trading capital in the first year, but these ten tips will help you keep your capital intact so you can
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If a new trader wants to be a successful, they will need to treat their trading like they would operate a profitable business. Many traders lose a lot of money by approaching trading like it is a hobby. In trading, making money is the goal, and must be kept at the forefront of a trader’s
Starting a Trading Business Read More »
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