If you’re too proud of your trade idea it may be a bad one. If you can’t trade with controlled emotion the position size is probably too big. If the trade is going to stress you out and mess up the quality of your life it is probably not a good trade. If you don’t know why your […]
My Take On Trading Read More »
This is a Guest Post by Alex @MacroOps which was originally posted at The 3 Pillars Of Trading Performance As an active trader, there are 3 key factors of your strategy that you need to pay close attention to. There’s no holy grail in trading, but tweaking and maximizing these 3 things can get you pretty
3 Pillars of Trading Performance Read More »
This is a Guest Post by Dante Vincent you can find him on Twitter @DGTrading101. His website is dgtrading101.blogspot.com. Just a quick blog post today, the sole purpose of this post is to try and save you some time if you’re currently pursuing a trading career and struggling with it, in an effort to get you to
Work Smarter at Trading, Not Harder Read More »
The $SPY chart is in an established uptrend with a fresh breakout Friday to new all time highs. $SPY is above all key moving averages 10 day, 50 day, and 200 day. Which remains bullish long term. Currently all dips are being bought quickly. Slow Stochastics is under a bullish cross. ATR has stopped declining
Bulls in Slow Motion: $SPY Chart 8/7/16 Read More »
15 Insights from Trading Psychology 2.0 9 Mistakes Quants Make that Cause Backtests to Lie Words & Phrases That Should Be Banished From Finance What it means to be Modern Trader The Most Important Question of Your Life
Some of the Best Trading Blog Posts Read More »
If your financial advisor has really strong viewpoints about the Bank of Japan every day, you’re probably not going to retire. ¯\_(ツ)_/¯ — Downtown Josh Brown (@ReformedBroker) August 4, 2016 $TWTR #ER never happened fyi — DK1 (@canuck2usa) August 5, 2016 A defining characteristic of a successful trader is the ability to look inward when
Trading Tweets of the Week: 8/5/16 Read More »
This is a Guest Post by Alex @MacroOps which was originally posted at Spread Thin — How The Fed Manipulates Financial Spreads “The Fed is manipulating markets…” “Central Banks are destroying capitalism…” “Yellen has distorted true price discov… yada-yada-yada” We’ve all heard the constant chorus of central bank bashing. The ridicule comes from a diverse crowd,
How Does the Fed Manipulate Spreads? Read More »
This is a Trend Following Guest Post by Michael Melissinos Originally Posted on his Blog. Trend Followers don’t shy away from losses. Losses provide valuable feedback that helps them improve as traders. Sometimes, losses occur despite solid strategies and perfect execution. Such is life when participating in markets. Some trend followers break down, change their approach and
Make Losses Affordable Read More »
$SPY has settled into a trading range with $217.50 as resistance and $215.50 as support for the past 12 trading days. The market is in a long term uptrend as new all time highs continue to be broken. The intermediate term risk/reward ratio favors a pullback to $215.50 before higher prices are made. Secondary support
The Range Bound $SPY Chart 7/31/16 Read More »
Reason And Rationality: The Psychological Keys To Investing Success A New Trader’s First Year A Story: How Rayner Teo Lost 50% of His Capital Before Turning Into a Profitable Trader The day Rolf @Tradeciety started traveling the world – When It All Began There’s No Excuse To Be Uneducated
My 5 Favorite Blog Posts: Week of 7/30/16 Read More »
