Is Twitch a publicly traded company? If you are searching for the Twitch ticker symbol you are too late as Jeff Bezos bought the whole company for Amazon back in August 2014 for $970 million USD as part of Justin.tv. Twitch was first introduced in June 2011 as a spin-off of the original streaming platform […]
Ed Seykota is one of the most success traders of his generation. As a trend follower and money manager he made many of his investors millionaires in the 1970s and 1980s. He was one of the first traders to use both moving averages and early punch card computers to backtest trend following systems. His edge
Ed Seykota Trading Rules Read More »
The two crows candlestick pattern is a bearish reversal pattern that appears during uptrends and upswings in price action. It is a three candle pattern that starts with a big bullish candle followed by a second candle that shows a gap up in price action and move higher before reversing and closing lower than the
Two Crows Candlestick Pattern Read More »
The UVXY is a volatility tracking exchange traded fund. This ETF started trading in October of 2011 and it tracks 1.5 times the performance of the S&P 500 VIX short-term futures index for a single day. Due to the compounding effect of daily returns, the UVXY’s performance over the long-term will be very different than
What is the UVXY Stock? Read More »
Awesome Oscillator was developed by Bill Williams. The Awesome Oscillator (AO) is a non-limiting oscillator used in technical analysis. It quantifies the weakness or the strength of price on a chart. The Awesome Oscillator measures the price momentum in one direction, confirms trends and can also show when momentum is waning and signal the potential
Awesome Oscillator Explained Read More »
Here is the top 20 list of the current most shorted stocks with the highest short interest across all major U.S. stock exchanges as of the last update July 28th, 2021. These are the companies that have the highest percentage of their share float borrowed to sell short or even sold naked with no borrowed shares over
Current Most Shorted Stocks 2021 Read More »
The downtrend definition is a move in price action that makes lower highs and lower lows in the time frame being tracked. A downtrend is caused after a chart goes from a phase of accumulation or range trading and into a stage distribution. A distribution cycle can be a combination of short sellers starting to
Downtrend Definition Read More »
Here are the 14 stages of the psychology of a market cycle from beginning to end. Disbelief: After a bear market the first rallies into a new bull market are not believed to be real. Investors think the rally will fail. Hope: The first step in beginning a new bull market is that a price
Psychology of a Market Cycle Read More »
Many traders don’t understand what it means to have an edge in trading. It is simply an advantage in the markets that over time leads to your winning trades adding up to more than your losing trades. There are potential edges in every market and in each time frame from scalping to value investing. What
Define Edge: What Does It Mean To Have An Edge? Read More »
Most traders are familiar with the most popular trading book of all time Reminiscences of a Stock Operator by Edwin Lefèvre that describes Livermore’s life through a fictional character, but few know that he wrote a trading book near the end of his life called How I Trade in Stocks that did not sale well at
Interesting Facts about Jesse Livermore Read More »
The Bullish Tasuki Gap candlestick pattern is a three-candle continuation pattern during an upswing in price that signals the uptrend will continue. The first candle in the pattern is a large bullish white or green candle making a higher high and higher low than the previous candle. The second candle is also bullish and white
Tasuki Candlestick Pattern Read More »
What does “Memento Mori” mean? It is Latin for ‘remember that you must die’ [one day]. The most successful generals in ancient Rome were awarded a “triumph” entry into the capital city on their return from victorious campaigns. It was a magnificent spectacle and parade that was meant as a ceremony to honor and appreciate
Memento Mori Meaning Read More »
Options are traded on contract markets and unlike stocks there is someone short and someone long every option at all times. Options are a zero sum market as there is always a winner and a loser in every price move. Someone has to write every contract and there must be a buyer and they both
Bullish markets and bearish markets are very different in the sentiment and price dynamics. Money made in bull markets can be given back in bear markets so a bullish bias can be dangerous when a real long term bear market arrives. People tend to think of the stock market as a whole as bullish or
Bullish vs Bearish Read More »
The RSI indicator buy and sell signals are based on oversold and overbought conditions on a stock chart. The RSI is a measurement of price moving too far and too fast in one direction and as the RSI gets extended farther from the 50 RSI middle line the probability of a reversion to that mean
What is RSI in Stocks? Read More »
Stock prices falling is perfectly normal in the market. Pullbacks are not something unusual or to be worried about in the stock market until they trigger a potential bear market. Stock market drop parameters: Down -5% is a pull back. Down – 10% is a correction. Down -20% is an official bear market. Down -50%
Stock Prices Falling Is Perfectly Normal Read More »
What traits separate the minority of profitable traders from the the majority of unprofitable traders in the markets? Here are the 12 key traits I have seen and studied over the past three decades in the financial markets that separate successful traders from the unsuccessful ones that don’t make it. From the start the traders
The Anatomy Of A Successful Trader: 12 Key Traits Read More »
Guest Post by Dan @TrendSpider The Volume Indicator (RVOL) Relative Volume is calculated by taking the ratio of current volume relative to an average. It gives you a quick way to see how much volume relative to a period and which direction it is pointing in. Features for this indicator on the TrendSpider platform: Customizable
Relative Volume Explained Read More »
Keltner Channels are a technical indicator shown visually as envelopes expressing the deviation in Average True Range on a chart both above and below an exponential moving average. It is very similar in principle to Bollinger Bands, which use standard deviations from a moving average to quantify the bands. The difference is that Keltner Channels
Keltner Channel Explained Read More »
A price action trading system is a process for using price data to make buy and sell decisions on a watch list of charts. Price action trading attempts to use entry and exit signals that have an edge by creating good risk/reward ratios that lead to profitable trading with wins that add up to more
Price Action Trading Explained Read More »