Being a Know-it-all: Wanting to be right about everything more than wanting to make money is very unprofitable. It is difficult for many professionals from other fields to take a beginners mind in this new endeavor of trading. […]
The Ten Behaviors That Destroy New Traders Quickly Read More »
The Directions say. “Let the bird chill in the sink a little bit” pic.twitter.com/zEBAGj6SGD — Scott Redler (@RedDogT3Live) November 28, 2013 The Secret Sauce of Success–> pic.twitter.com/qyLykMCXQV — Steve Burns (@SJosephBurns) November 28, 2013 Former Fed Chairman Greenspan Sees No Bubble at Dow 16,000 – NOW I’m worried…
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Top Ten Things Equity Bulls Have to Be Thankful For in 2013 Two words: Quantitative-Easing. All the money has to go somewhere in with bond yields so low equities are the place to be. The “Bernanke Put Option.” Bulls
Top Ten Things Equity Bulls Have to Be Thankful For in 2013 Read More »
Be patient with winners letting them go as far as they can but be impatient with losers exiting when you are proven wrong. Be confident in
Traders: When to Zig & When to Zag Read More »
Today’s blog post comes straight from a great discussion out of our facebook trading group New Traders, Rich Traders, & Good Traders. Thanks to Andrew Rocco for the original post and also Matthew Smith,and Travis James for their insightful comments in our trading group. Here Are The Ten Common Mistakes New Traders Are Making:
What Are The Ten Common Mistakes New Traders Are Making? Read More »
This year one of the most profitable systems with the smoothest rides has been simply to buy and hold an equity index. Even the big cap S&P 500’s $SPY ETF is up almost 27% at this point. I am sure there are many new traders that were rewarded for simply being biased to the long
Why Buy And Hold Investing Sucks Read More »
Well, 2013’s most robust strategy has been simply to buy and hold an equity index. This whole year has been nothing but a big massive break out of the 2000-2013 trading range and a very hated bull market all year. This whole year’s equity market has simply been all about swing trading off bounces
The BIG 13 Year $SPY Chart & Facts About the Daily One Read More »
I do not think traders really start making money until they really mature as traders and understand the big picture. I have been on this journey myself and went through the wild excitement of the the internet bubble, day trading and the experience of making a few hundred dollars in a few minutes the
How To Be A Grown Up Trader Read More »
There is a difference between a “bubble” and “bull market” — MX1 (@TradetheLeader1) November 16, 2013 Trading is a business. What’s your niche/edge(s) separating you from the graveyard of failed trading careers? Quantify this answer. $study — R2 Ray C. Freeman (@R2RayCFreeman) November 17, 2013 “When you have confidence, you can have
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Making mistakes in your trading is not cheap. Here are the ten most expensive things a trader can do. This does not apply only to new traders, even professionals with long track records can make these fatal flaws and
The Twelve Most Expensive Things a Trader Can Do Read More »