Most new traders think their win rate is the most important math in their trading. It is not, you risk/reward ratio will determine your profitability more than a win rate. The reason for stop losses is to limit your losses when you are wrong so you cap your risk. Capping your risk makes it easier […]
The Most Important Math in Trading Read More »
$SPY is currently breaking out of a range into a new long term uptrend. Markets do not go straight up so look for a trading range to develop here before another strong up leg for price to new all time highs. It is possible we spend next week under this all time high. 65.21 RSI
Short Term Top Near? $SPY Chart 7/17/16 Read More »
A detailed step by step analysis of Rolf @Tradciety’s 2 trades Stock Trading 101: Learn to Manage Risk with Position Sizing Stock Trading 101: It’s All About the Process Trading Psychology for the Experienced Trader .@TonyRobbins talks about personal finance, politics and strategy. #MondayMotivationhttps://t.co/fJP5vhXyid — Business Insider (@businessinsider) July 11, 2016
My Favorite Trading Articles: Week 7/16/16 Read More »
I get asked a lot how to perform a multi timeframe analysis. I am glad to see that Rolf at Tradeciety has created a great video that explains how to do this with a simple method. This video is from Rolf’s YouTube channel. Rolf is also on twitter.
How to Perform a Multi Timeframe Analysis Read More »
One of my all time favorite movies is Moneyball featuring Brad Pitt. What’s not to love? The movie is about how the general manager Billy Bean of the Oakland A’s turns his club on it’s head by using quantified principles to maximize the smaller budget that his team had to work with higher scoring output. Billy Bean hired
Applying Moneyball Principles to Trading Read More »
Matthew Kratter has written a great little book explaining the dynamics of momentum stocks and the best ways to trade and profit from IPOs. This short read gets to the point with no wasted words and can be read in one sitting. He explains the dynamics of supply and demand, market cap, breakouts, and moving
Rocket Stocks Book Review Read More »
The Brexit selloff was negated as we are now at higher prices than before the risk event happened. If Britain exiting the E.U. can’t bring down the market, what can? $SPY has room to go higher with a 60.44 RSI. $SPY had a short term breakout and is poised to breakout to new all time
Brexit, Smexit $SPY Chart Facts 7/10/16 Read More »
Dan Zanger’s 10 GOLDEN STOCK RULES Find the best trades every week by using a watchlist Control the mind and… Taking Your Trading to the Next Level What is a trading model?
My Favorite Blog Posts: Week 7/9/16 Read More »
7 UK property funds have halted redemptions. JP Morgan would approve. Here's how he stopped a run on the trust banks pic.twitter.com/V3wQsUq9Q0 — Downtown Josh Brown (@ReformedBroker) July 7, 2016 First time since Apr 2015 top call, 3 wks ago said breakout is coming. All prior visits have been scaled out, top of range. Not
Top Trading Tweets: Week 7/8/16 Read More »
Warren Buffett became the richest man in the world through practicing his own edge in investing. Few can duplicate his process because it requires incredible discipline and patience and compounding of returns over decades. He also went from simply investing in stocks through his partnership when he was younger to acquiring whole companies through his holding
7 Warren Buffett Investing Habits Read More »
