Here are the big primary five keys to becoming and staying a great trader. These are the most important principles I have learned over 30 years in the financial markets and the 30-year veterans I have studied also almost all touch on these five keys in some way. 1. Consistency of execution. After you have […]
5 Keys To Being a Great Trader. Rules of a 30 year Veteran. Read More »
Legendary trader Paul Tudor Jones is one of the best money managers of his generation for both consistent returns and minimal drawdowns. He had no losing years in his primary fund over multiple decades, which is unheard of in the industry. PTJ more than doubled his assets under management during the Black Monday Crash of 1987
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I read the book Rich Dad, Poor Dad 25 years ago after seeing it in a bookstore, the title immediately drew my interest. I saw the contrast of what the author was going to discuss in the differences between having the lessons from a rich dad versus a poor dad. He used a narrative story
20 Lessons From Rich Dad Poor Dad That Changed My Life Read More »
Here are the life principles that made Warren Buffett so successful in life, business, and happiness. He has explained them in his own words over the years. Start building wealth as early as possible. “Life is like a snowball, all you need is wet snow and a really long hill.” – Warren Buffett “On me
Warren Buffett: Advice For Young People Who Want To Get Rich Read More »
This year Charlie Munger had a lot to say at meetings and in interviews about his outlook for the economy, inflation, currencies, and geopolitical risks. Here are some really stunning quotes that the legendary 98 year old investor gave about the current situation and the future risks. Charlie Munger Predictions “When I was at the
Charlie Munger Predicts a Horrible Economic Crisis Where Everything Will Collapse Read More »
Michael Burry has been bearish on the stock market and the economy for over 18 months now. He made some big bearish bets on both Tesla and Cathie Wood’s Arkk ETF using long put options but was too early in both positions and had to exit them with losses. He has grown incredibly bearish with
Michael Burry Just Sold His ENTIRE Stock Portfolio Read More »
A list of the current highest short interest stocks can be a great place to look for potential deep dip value buys. The most shorted stocks on major U.S. stock exchanges is also a good list to watch and stay updated on for potential short squeeze opportunities. The higher the short interest percentage rises in ranking on
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Many brokers have reported over 90% of new traders fail to make money. Like in most professional endeavors the majority of people that start are not successful. Whether it’s professional sports, law degrees, or medicine if you start from the beginning you will see that few finish the journey to the end. Trading is not
Top 10 Day Trading Mistakes YOU NEED TO KNOW Read More »
The most popular two moving averages on daily charts are the 50-day and the 200-day moving averages. They are the default settings on many charts. When these two crossover on the charts of stock indexes like the S&P 500, NASDAQ, or Dow Jones Industrial Average this is even reported on the financial news. The Golden
Best Moving Average Crossover Combination Read More »
For price action traders, the movement of price itself is their primary signal for taking entries and exits. They let momentum, the trend, and movement filter their trading decisions. A price action trading strategy is a process for using new incoming and evolving price action data to make buy and sell decisions on a watch list
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I have studied all the most successful traders in history along with the more modern market wizards and trend followers. Here are six of the qualities that I have found in common with all of them. FOCUS Ability to focus their thinking into an edge. Rich traders can have different mental skill sets whether it’s
Trader Psychology: Every Elite Trader Has These Six Qualities Read More »
The options market presents both great opportunities for gains but also the potential for the risks of losses. Here are ten things that I learned quickly through experience that all new traders should understand before they start trading options. 1. Short options have unlimited risk when they have no hedge. It’s important to understand the
Options Trading Tips: Ten Things I Wish I Knew Before I Started Trading Options Read More »
There is a big difference between saving, investing and speculating with money. Savings is putting money away safely for future use in a low interest account. Investing is putting capital into an asset of value for either potential cash flow or appreciation. Speculating is betting on an asset increasing dramatically in value mostly due to
The Difference Between Saving, Investing, and Speculating Read More »
Linda Bradford Raschke has been a full-time professional trader for more than 40+ years. She was the principle trader for several funds and also the Commodity Pool Operator for her own hedge fund she opened in 2002. Her trading records were verified and she was included in Jack Schwager’s best selling book, The New Market Wizards
Market Wizard Linda Raschke Trading Strategy Read More »
There are two types of directional option contracts: calls and puts. Call options are contracts that move higher in price when the underlying stock moves higher. Put options are contracts that move higher in price when the underlying stock moves lower. To enter an option position you can either buy to open a long option
Options Trading: Understanding Option Prices Read More »
Covered calls are an income strategy for traders and investors to earn money on stocks they hold. Covered Call Writing Covered call writing is an appropriate strategy in a bull market or one that is trading inside a repeating price range. Creating a covered call option play is when a trader or investor sells out-of-the-money
What Is A Covered Call & How Do I Trade It? Read More »
Option contracts represent a bet on the directional price movement of an underlying stock in a defined time period. Option contracts represent 100 shares of a stock and are written on time frames of weekly, monthly, and yearly. The price of an option contract is based on the probability of it being in-the-money at expiration.
Call Options & Put Options Explained Read More »
Bill Ackman became a billionaire through operating the Pershing Square Capital Management hedge fund that he founded in 2004. He became famous in the financial world for his short position on bond insurer MBIA and his rescue of mall operator General Growth early on in his investment career. His approach is mostly as a contrarian
Bill Ackman Portfolio 2022: Q2 Update Read More »
Ray Dalio founded Bridgewater Associates in 1975 and grew it into one of the world’s largest hedge funds by 2005. Bridgewater’s Pure Alpha strategy has generated approximately 12% annualized returns since its founding in December 1991. As of 2022 his hedge fund has 105 clients with over $235 billion in total assets under management. Ray
Current Ray Dalio Portfolio 2022: Q2 Update Read More »
Cathie Wood founded ARK Investment Management, LLC which focuses on disruptive innovation and offers investment solutions to investors seeking long-term growth in the publicly traded markets. Wood created ARK in 2014 with the idea to package active stock portfolios in an ETF format. Wood’s Ark Innovation Fund is their flagship portfolio. Ark invest offers many different
Cathie Wood Portfolio 2022: Q2 Update Read More »