The $SPY has spent 19 days out of 20 closing above the 5 day ema and 19 days straight above the 10 day sma. The 50 day has held in this index for this entire year, if any bears are wondering, this is what an uptrend looks like. I went fully lon... Read more
This blog post is an excerpt from my book New Trader, Rich Trader. “The funny thing is that the principles you have been teaching me for trading success have also been helping me in other areas of my life. I think much more clearly about many pa... Read more
Risk management is far more important than profits, keeping the capital you have safe is more important than growing it. With the parabolic move we have seen in many markets it is crucial that we do not become greedy and lose our basic rules of... Read more
“The whole world is simply nothing more than a flow chart for capital.” -Paul Tudor Jones Successful trading is the attempt to be on the right side of the flow of capital. Each change in price happens wi... Read more
Here are 5 ways I ride a trend after getting in. Ideally buying a stock that breaks out of a long term range into a new all time high is the best spot for maximum gains. Here are the spots to keep an eye on in an up trend. First of all... Read more
The SPY trading range is currently at $163.50 resistance with very strong support at $162.50. We have two key support levels below us at the 10 day sma and 50 day sma. We are in an up trending equity market with cheap money flowing... Read more
I have some suggestions for traders on social media that comes from my experience of the past three years. These are a few things that may help you really get the most out of your social media presence and interact the best with other traders. E... Read more
