Ten Things A Trader Has To Know You have to know your own tolerance for risk and draw downs in capital. Not what you believe is your risk tolerance but what you can bear in reality when your real trading capital is down 5%, 10% …
Last week was very choppy and sloppy and the market could hit a signal intra-day then move fast. Equities as a whole are not under accumulation in 2014 so far they are only be traded in ranges as an asset class. $SPY and $SPX are still negative on the year but have provided plenty of …
The Pro’s Process – Richard Weissman Determining Optimal Risk Optimal Position Sizing Reduces Risk A Dozen Things I’ve Learned from Nassim Taleb about Optionality/Investing What is max pain or option pinning? 1 MIN READING: The fisherman and the businessman Triple Threat March OPEX + What SPY …
@SJosephBurns Where the hell was this list last year??? 🙂 — Scott Lee (@OnClose) March 13, 2014 Making $ every month is either the next LTCM or Madoff: Pick your poison. Every smart trading strategy encounters drawdown. #trendfollowing — Michael Covel (@Covel) March 9, 2014 Backtesting, while important, is not the Holy Grail. …
First of all, you really should not even be trading your very first year you start in the markets. The first year should be spent finding out what the right questions to ask even are not trying to beat professionals at their own game. Most new traders don’t survive their first year because they trade …
Ten Simple Ways To Trade Better It is crucial to trade quantified high probability entry signals with good risk/reward skewed in your favor not your emotions or your opinions. When you enter a trade decide where you will stop out of the trade if …
Ten Signs Your Trading Is Getting Better Your losses are getting smaller and smaller. Your losing streaks are not as long as they use to be. Your draw downs are not as big as they use to be. You are very …
Here are the results of my poll to find the most under-followed traders on twitter. This search was for the hidden gems that share great information on trading. They may be entertaining, educational, or both. Almost 700 votes were cast, with many shares. For the …
The 70 RSI level is the intra-day resistance here. $190 $SPY will also likely be a key resistance if we get there. Above the $SPY $190 or 70 RSI we would be parabolic but the odds are against it. The risk/reward is in favor of the downside but momentum after the gap favors a …
