Who is Dan Zanger? His mother Elaine loved the stock market and Dan would often watch the business channel with her. One day in 1978 Dan saw a stock explode across the ticker tape at the bottom of the screen hitting $1. He made his first purchase and sold the stock a few weeks later […]
Interview with Rich Trader Dan Zanger Read More »
Jack Schwager’s interview with Scott Ramsey from Hedge Fund Market Wizards was very clear and to the point. Mr. Ramsey trades futures in an approach that reminded me of the Darvas techno-fundamentalist method. He looks for fundamental reasons for a trade, and then makes his entries and exits based 0n confirmation in the technical price action. “I made
Top Trading Quotes from Scott Ramsey Read More »
I am using the $SPX chart this week due to the skew of the quarterly dividend payout Friday on the adjusted price. It is also possible to see the unadjusted $SPY price by using the ticker _SPY on stockcharts.com. $SPX is trading in a price range of 2120 support and 2150 resistance. The 10 day
Key Price Levels: $SPX Chart 9/18/16 Read More »
Screening And Backtesting With Finviz Elite Limiting Losses: The Key To Long-Term Investing Success Are beliefs all that matter? Thoughts on trading psychology My Stock Is Special
Top Trading Articles: Week 9/17/16 Read More »
“Fear grips Wall Street as the Fed threatens to raise interest rates for the eight-hundred and sixty-fifth time” — StockCats (@StockCats) September 9, 2016 Two questions I always ask myself before placing a trade: ⏺Do I have an edge? ⏺How much can I lose? — Micah Yo (@micahhyo) September 9, 2016 “Day Traders Sleep Better”
Top Trading Tweets: Week 9/16/16 Read More »
This is a Guest Post by Alex @MacroOps which was originally posted at Lessons from a Trading Great: Bruce Kovner. Bruce Kovner retired in 2011 from Caxton Associates, the hedge fund he founded and ran for 28 years. Over that time the fund returned an average of 21 percent a year since its inception. In comparison,
Lessons from Market Wizard: Bruce Kovner Read More »
Regardless of whether you are a trend follower, day trader, swing trader, value investor, or growth investor, profitable trading requires one thing to make any trading process work long term. Successful stock market operations require studying the principles that lead to making money, you have to do the work. When you understand the principles of
Profitable Trading Starts With One Thing Read More »
While the generally accepted definition of a bear market is a 20% decline over a two month period. I am referring to just being bearish, believing the market will go down, seeing signs of a down trend before you are sitting with a 20% decline in your accounts or more while holding what were market
10 Signs of a Bearish Market Read More »
The following is a guest post by Kim Klaiman @SteadyOptions_ Is Options Trading Really Risky? There is a general misconception in the trading community that an option trading is very risky. Options can be risky, but they don’t have to be. Options can be less risky or more risky, depending on your risk tolerance. They can
Is Options Trading Really Risky? Read More »
Chart Courtesy of StockCharts.com Bulls decided to exit the market Friday in mass on the highest volume since the two day Brexit move. There was no bounce, it was a gap down morning that never looked back. This move Friday was unprecedented for its speed and duration from what looked like a strong market. “Friday was the
Where I Will Buy the Dip: $SPY Chart 9/11/16 Read More »
