Author name: Steve Burns

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 […]

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

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

                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?”

              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

                            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

 The long term uptrend in the stock market is still in place. This is not the stright up parabolic move of 2013 where the 5 day ema and 10 day sma worked as a trend filter. This year indexes are trading in a wider range with the 21 day ema and 50 day sma are