I have fielded many questions since the announcement of New Trader 101, and while I am happy to answer email, I thought that other folks may benefit from the answers. Q: Why did you make an e-learning course? A: I have been asked on a daily basis if I will create a course for […]
FAQ: New Trader 101 E-Learning Course Read More »
You have power over your mind – not outside events. Realize this, and you will find strength.” – Marcus Aurelius The weakest part of any trading system is the trader themselves. To be a successful trader, you must manage yourself. The ability to manage your own physical, emotional, mental, and spiritual health will go
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Last Sunday all the bullish momentum signals were triggering while this week we have the reverse with bearish signals. This market is currently volatile and could break either way. Momentum moves up were faded last week, buying strength did not work. This is a dip buyers market, buying weakness and it is working over
10 Facts On The $SPY Chart 2/1/15 Read More »
Availing myself of a 1.5% fixed rate Swiss mortgage, I’ve finally built my dream house. pic.twitter.com/jpS3jTBpva — Downtown Josh Brown (@ReformedBroker) January 30, 2015 they won’t even let this thing dip an even 5% before some Central Banker has to say something — StockCats (@StockCats) January 30, 2015 Airlines spend more time and energy segmenting
Top Tweets of the Week 1/30/15 Read More »
There is a big difference between a trader and a gambler. Many people think they are traders when they are really just gamblers that could get better odds in Las Vegas betting on the roulette wheel than what they get in the financial markets. The difference between a trader and a gambler is similar to
10 Keys to Being A Trader, Not A Gambler Read More »
“You don’t trade the markets; you only trade your beliefs about the markets.” – Van Tharp Just like there is no ‘Holy Grail’ trading system that never loses, there is also not one ‘best’ trading method. All trading methods have good points and bad points with advantages and disadvantages. Many traders make the mistake
What Is The Best Trading Method? Read More »
Here is a recap of my recent swing trade in $UPRO step-by-step: $SPY has been in an up trending bull market for years above the 200 day moving average, and it made new all-time highs late in 2014. The best plan was to trade the long side all year. However, with a high probability
My December $UPRO Trade Read More »
$IWM has held up well in a price range over the 200 day in 2015, and is currently forming a nice range to swing trade. Currently, $IWM has a flat 200 day moving average, and this index ETF is currently the strongest on down days. I will be looking for opportunities to buy weakness
Buying the Dip $IWM Read More »
$GPRO has created a new level of interactive experience with its point-of-view cameras. This technology enables people to record and share their real-life experiences quickly and easily to YouTube and other social media platforms. GoPro has been one the most active stocks on the market since the IPO in 2014. In October of
Riding the Wave with GoPro – $GPRO Read More »
I have been fortunate to get the opportunity to participate in some great stock market environments over the past 30 years. I started in the early nineties building capital and letting it compound. I started as an investor in mutual funds, moved to individual stocks, then high growth stocks and trading price action, swing trading,
My 20 Trading Truths Read More »
The principles that successful trend traders use to make money in the markets is difficult for the average investor or trader to understand. Readers unfamiliar with systematic trend trading have a hard time trading for profitability without trying to predict where price will go. Most successful trend traders have preset, planned entries that are
The Trend Commandments Read More »
Three of the past four days $SPY made higher highs and higher lows. Friday slightly missed a higher high but the day’s volume was the lowest this year. This is bullish. $SPY is above the 50 day, this is bullish. The 5 day ema crossed over the 10 day sma last week. Bullish. Thursday
10 Facts About the $SPY Chart 1/25/15 Read More »
The One Thing You Wish You Had Known Starting Your Trading Career – Interview with 12 Traders Sometimes it pays to do nothing WHY I TRADE BREAKOUTS Position Sizing and Expectancy The Traders Math Guide – Everything You Need To Know About Math And Statistics
5 Top Trading Articles: 1/24/15 Read More »
Super Mario after todays Stimulus…….. pic.twitter.com/bRosMgppOb — DK1 (@canuck2usa) January 22, 2015 Dont mind missing few % to get confirmation..tgts are very high if mkt is going up lots of room and time I am patient ..stars need to align — DK1 (@canuck2usa) January 22, 2015 Ok simple mindset for me here..Lowered rates everywhere QE
Tweets of the Week 1/23/15 Read More »
These are my favorite five twitter accounts to follow for my daily dose of trading wisdom. #410: I have the feeling that this card will be the most retweeted ever. #forex $EURCHF #swissfranc $USDCHF pic.twitter.com/dNmQwdhgNi — Henri Simoes, trader (@TraderHMS) January 15, 2015 Emotionally involved #investing pic.twitter.com/glXDPzDvMS — Trading Proverbs (@tradingproverbs) January 13,
5 Fountains Of Trading Wisdom Read More »
Performance anxiety for traders is the fear, or persistent phobia which may arise in a trader by the requirement to take a real trade, in real time, with real money whether actually or potentially. There are many causes of this anxiety which many times leave a new trader with too much fear to really
Performance Anxiety For Traders Read More »
Many new traders entering the trading game can’t get the right answers because they aren’t asking themselves the right questions. Much of the success traders experience is attributable to how well they know themselves. This insight for you will come from the quality of the questions you ask, and how honest you are willing
A New Trader’s 10 Questions Before Trading Read More »
Guest Post By: JB Marwood @MarwoodJB As a trader, you will be aware of the significant move that’s been going on in the oil market over the past 7 months. In fact, even those without any interest in markets will be aware of what’s going on, as the drop in price has been sharp and
The Oil Market: 5 Things We Can Know For Sure Read More »
Chart courtesy of stockcharts.com The long term up trend is still in place with the 200 day not being threatened recently. The short term down trend in place with Friday’s price action failing to overtake or close above Thursday’s high of day to confirm a possible reversal. The momentum break over the 50 day
10 Facts About the $SPY Chart Read More »
The macro-story: Black-Wednesday, redux Risk Intelligence: An Essential Part of Trading Success 3 Things To Learn From Yesterday’s Market Shock How to Overcome a Big Loss in the Stock Market The Work Required To Have An Opinion
Top Trading Articles of the Week: 1/17/15 Read More »