Author name: Steve Burns

   The long term stock market up trend  from 2013 is still firmly in place. The last two days moves in $SPY was a very strong bounce off an intra-day bottom at the 30 RSI. A confirmation of a possible short term trend back up to all time highs would be a break and close

    When I unfollow someone on twitter it is nothing personal, that account just does not match my style of trading and is not helpful to me in my learning and growing as a trader. I really lean towards the big picture in trading with risk management, trader psychology, and robust systems. I believe

                    For anyone watching the Super Bowl Sunday we got to see a #1 ranked defense completely shut down a #1 ranked offense. In Super Bowl history 5 times a defense ranked #1 in the regular season has faced a team ranked as the #1 offense

                          You Will Eventually Blow Up Your Trading Account If…. You consistently trade huge position sizes in volatile trading vehicles. You enter a trade with no exit strategy. You care more about being right than making money. Your emotions fluctuate wildly with your

                            Looking back at my early success in the stock market in the late nineties and even in the early 2000’s with the level of knowledge I had then at first glance at my returns I thought I was just lucky. However

  The stock market is still in a long term up trend by staying over the 200 day sma. In the short term down trend the 100 day ema has acted as support. The $SPY price action has been under the 5 day ema for 7 days and has acted as end of day resistance.

Down, then up, then down. Market a bit confused. DIRECTION DOWN, FULL HEDGES still in place. Enjoy the ride or in tweetland maybe ETR? — Tom Basso (@basso_tom) January 31, 2014 $AMZN weekly 390 puts sold 3/4 @ 24.28!! — DK1 (@canuck2usa) January 31, 2014 Or one could just trade price: "@jimcramer Darn futures really

                          Don’t trade your opinions trade a carefully written trading plan that expresses a methodology with an edge. Don’t trade your emotions trade your quantified entry set ups. Stop exiting when your scared and exit with your trailing stop is hit. Only trade

                                  What school of trading will you be studying? CAN SLIM, Trend Following, Gann, Fibonacci, Darvas, Day Trading, Swing Trading, etc. or a hybrid? Knowing who you are as a trader is the first step. Quantify your trading methodology

Last week a lot of traders and investors got hurt in their trading accounts. With the market going from trying to break out to new all time highs to crashing through the 50 day in three days there were the quick and there were the dead. The very best traders I know made money due

GRRR!!! > https://t.co/4uwbI7RycW — Mr. Breakout (@sharptraders) January 24, 2014 "In trading, however, the person who can easily admit to being wrong is the one who walks away a winner." – Victor Sperandeo — Andrew Selby (@DontTalkStocks) January 19, 2014 Skin in the game doesn't make charlatans stop charlatanism, it just puts them out of

                            The biggest mistake that new traders make is they think the right predictions are the key to profits. That making a ‘call’ is the key to great trading. Well it is not. Successful trading comes from robust quantified trading methods. Testing