1. Decisions – You must decide what markets you will trade and on what time frame. 2. Homework – Learn what actually works in the market to create profitability. 3. Adjustments – Discover what makes you money and what causes losses. Make adjustment to do more of what works and stop doing what costs you money. […]
The 5 Steps to Profitable Trading Read More »
This remains a range bound market inside a longer term uptrend with defined trading ranges. Long term resistance is at $218.50 long term support is at $212. Short term resistance is at $216 short term support is at $214. The $SPY has gone so flat and sideways that the 5 day ema, 10 day ema, and
10 Fast Facts About the $SPY Chart 10/9/16 Read More »
Do Managers Eat Their Own Cooking? Artificial+Collective Intelligence for trading 4 Reasons Why Volatility is a Poor Measure of Risk Underestimating the Density of the Fog Trading Will NOT Solve Any Of Your Problems
My Favorite Trading Articles: Week 10/8/16 Read More »
Time and patience are a traders biggest weapon. The best traders are often the ones you are already holding. Give them TIME to play out. — Assad Tannous (@AsennaWealth) October 4, 2016 $TWTR 1987 -20%. Oldest scam in the book and it still works. ? https://t.co/oqF29cxtaU — Assad Tannous (@AsennaWealth) October 6, 2016 I make
Top Trading Tweets: Week 10/7/16 Read More »
$TWTR all this news does is create opportunities to trade — DK1 (@canuck2usa) October 6, 2016 $TWTR 1987 -20%. Oldest scam in the book and it still works. ? https://t.co/oqF29cxtaU — Assad Tannous (@AsennaWealth) October 6, 2016 Usdjpy back under 104 already. Below 103 Friday and one way ticket to 97 starts. Need to 103
7 of My Favorite Price Action Traders Read More »
This is a Guest Post by Alex @MacroOps which was originally posted here: Beware The Top Performers “And, at any point in time, the richest traders are often the worst traders. This, I will call the cross-sectional problem: At a given time in the market, the most successful traders are likely to be those that
Beware The Top Performers Read More »
This is a great point and article shared in my Facebook trading group: From Simon Vuko: The below principles have massive trading implications for newbies: ‘The Dunning-Kruger effect explains that the problem isn’t just that they are misinformed; it’s that they are completely unaware that they are misinformed. This creates a double burden.” “Studies have
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The rallies felt very strong late last week but they were only inside the recent trading range. The price last Thursday seemed to fall hard but it was well inside the near term trading range. $218.50 has been $SPY resistance since August 15th 2016. $211.25 has been $SPY support since the July 18th 2016 breakout
The $SPY Chart Trading Range: 10/2/16 Read More »
Michael Covel podcast Jesse Livermore Quotes Examined Technical Analysis and Its Return to Prominence The Importance of Focusing on Your Process Execution and the Objective Trade and Day Grading Tool I’ve never seen anything like the massacre of the hedge fund business this year Germany Working On Deutsche Bank Rescue Plan As Lender Sells Unit
Top Trading Articles: Week 10/1/16 Read More »
