A stop loss level should be planned when you enter a trade. This is the price level that if it is reached that you will know that your entry was wrong. You should position size with a share count and dollar amount where if your stop is hit you will not lose more than 1% […]
Ten Things To Consider When Placing Stops Read More »
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Top 25 Blog Posts of All Time – 6/30/14 Read More »
There is an old parable known as “the blind men and the elephant.” In this story, there are four blind men who are asked to determine what an elephant looks like. The first blind man feels the leg of the elephant and says, “The elephant is like a tree because it is large and round
The Blind Traders and the Market Read More »
Momentum trading is generally used to capture strong moves in short time frames usually for not more than a few hours or a few days. Generally momentum traders are very focused on only a few trades at a time at most and scan a large watch list for a few signals. Trend followers by contrast
Momentum Trading Vs. Trend Following Read More »
The long term uptrend stays in track as momentum slows and small pullbacks take hold. Currently this market environment currently still favors buy and hold investors, trend followers of the long term uptrend, and swing traders from the long side during pullbacks. Buying strength or momentum on the indexes has just not worked for most
10 Fast Facts About The Current Stock Market Environment $SPY $QQQ $IWM Read More »
Technical Analysis 101: Defining Support and Resistance Random stock picking will beat S&P: Fund manager The Single Best Predictor of Sustained Trading Success The Best First Investment You Should Make “What have you done for me lately?”
5 Great Trading Articles for Weekend Reading Read More »
WS in state of shock that Bezos refuses to play their game although he hasnt played it in 14 years. $AMZN — Alan Farley (@msttrader) July 25, 2014 If you can’t test your trading system what makes you think it will work going forward? — David Stendahl™ (@David_Stendahl) July 25, 2014 OBAMA SAYS FED
Tweets of the Week – 7/25/14 Read More »
After spending many years on twitter and facebook watching many traders in action I have to say these five traders are some of the very best I have every seen in real time over a long period of time. They are great at going with the flow of
Five Real Deal Trading Denizens On Twitter Read More »
The two key drivers of success in any endeavor is passion and hope. Passion creates the energy to do what we need to do to get to where we want to go. Many times money is just the side effect of
Two Key Drivers To Success Read More »
Two of the biggest indicators of success in life is the ability to say no to yourself at crucial times and sacrifice your present moment fun and enjoyment for future goals and accomplishments. Self control is the path to getting what you really want out of life while following the natural path of your own
The Two Primary Indicators For Success in Life Read More »
