Chart Courtesy of Stockcharts.com $SPY closed over the 250 day SMA which is bullish long term trend reversal signal based on backtesting. Two bullish moving average crossover signals were triggered with the 10 day / 200 day SMA cross and the 10 day / 250 day SMA crossover. The volume on the up swing […]
Mixed Signals on the $SPY Chart: 11/18/18 Read More »
Most long term profitable traders possess a set of skills that lead to their consistent success over a long period of time. Here are the 10 skills that I have seen in common with so many successful traders. These were skills that had to be mastered before I was able to generate and keep long
The 10 Top Skills of Profitable Traders Read More »
The following are top tweets from Tino @tradersreality. Traders Reality Wisdom: Knowledge only becomes wisdom if it is transferred and applied. I have compiled 64 of the best tweets that focus on the psychology of trading. This is beneficial for those who would rather refer to this document in their spare time, maybe print it
64 Powerful Pieces of Trading Wisdom Read More »
This is a Guest Post by AK of Fallible AK has been an analyst at long/short equity investment firms, global macro funds, and corporate economics departments. He co-founded Macro Ops and is the host of Fallible. What happened in the Apple’s (AAPL) recent earnings report? Why did investors knock down it’s stock price? That’s
Does Apple Have A New Business Model? Read More »
Personal finances is simply the management of your incoming cash versus your outgoing spending. Personal finances is more behavioral than mathematical. If a person is frugal and does not spend all that they make many do not need a budget if their income is enough to easily pay their bills. If someone lacks self control
The Ultimate Guide to Personal Finances Read More »
This is a Guest Post by AK of Fallible AK has been an analyst at long/short equity investment firms, global macro funds, and corporate economics departments. He co-founded Macro Ops and is the host of Fallible. Why are people so shocked when financial asset bubbles pop? That’s what bubbles are supposed to do
Why Do Asset Bubbles Form and Bust? Read More »
This is a Guest Post by Troy Bombardia of BullMarkets.co The S&P 500 has made a 61.8% retracement and is now stalling. This is completely normal. Most 10%+ corrections have a 61.8% retracement and then a pullback or retest of the lows before heading higher. The economy’s fundamentals determine the stock market’s medium-long term outlook.
Why the Stock Market is Pulling Back Here Read More »
Chart Courtesy of StockCharts.com The Wednesday post election gap up low of day held for $SPY by the end of day Friday. $SPY found resistance on Wednesday and Thursday at the 100 day SMA. $SPY found resistance at the 50 day EMA on Friday. $SPY broke back over the 200 day and 250 day SMA
Who is Winning on the $SPY Chart? Bulls or Bears? Read More »
This is a guest post from Tino @tradersreality. This article originally appeared on tradersreality.com and is reposted here by request. If I had the right strategy in place and I applied the rules religiously, what could go wrong? This is the misconception that a lot of new traders encounter, which most of time leads them
Why a Trader Must Manage Their Money and Their Mind Read More »
There are different types of wealth than just money. You can be rich in money but in poverty with other areas of your life. Here are other ways you can be wealthy: You can be wealthy in…. Money Possessions Fame Health Happiness Purpose Family Friends Love Laughter Freedom Time It is important not to live
The 12 Different Types of Wealth Read More »
This is a Guest Post by AK of Fallible AK has been an analyst at long/short equity investment firms, global macro funds, and corporate economics departments. He co-founded Macro Ops and is the host of Fallible. Losing periods of any trading strategy are a necessary evil. If losing periods didn’t exist for profitable strategies they
Why Drawdowns are a Necessary Evil in Trading Read More »
This is a guest post from Tino @tradersreality. This article originally appeared on tradersreality.com and is reposted here with permission. Most of the time, aspiring traders look for a quick fix. Or like to copy trades etc. etc. But let’s take a closer look…HOW DO WE BECOME PROFITABLE? I guess like with anything, if you
The ONLY Way To Become A Profitable Trader Read More »
This is a Guest Post by AK of Fallible AK has been an analyst at long/short equity investment firms, global macro funds, and corporate economics departments. He co-founded Macro Ops and is the host of Fallible. It is foolish try to “predict” the stock market. Real investing is all about weighing probabilities. “Markets are context
Why it is Foolish to Try to Predict The Stock Market Read More »
This is a Guest Post by: Troy Bombardia @bullmarketsco his website is BullMarkets.co. The S&P 500 has made a correction and its bounce stalled at the 38.2% retracement. Here’s our long term, medium term, and short term outlook for the U.S. stock market. As U.S. stock market investors and traders, our job is to
Stocks Made a Post-Crash Bounce. What’s next? Read More »
The break back over the 200 day SMA failed. $SPY price is under all key moving averages except the 250 day SMA. All bearish moving average cross under signals are triggered. $SPY closed a few pennies over the 250 day SMA on Friday. Breaking back over this level and holding is bullish. A close below
Was that the Bottom? $SPY Chart 11/4/18 Read More »
This is a guest post from Tino @tradersreality. This article originally appeared on tradersreality.com and is reposted here with permission. Price, conventionally speaking, is the value that something holds at a point in time. Some lose their value, some hold, some gain. But when it comes to trading. The principle is the same, however there
How To Pay Attention To Price Read More »
This is a Guest Post by AK of Fallible AK has been an analyst at long/short equity investment firms, global macro funds, and corporate economics departments. He co-founded Macro Ops and is the host of Fallible. It looks like a bottom (a temporary one at least) is in. Let’s go through the charts and discuss
Is The Stock Market Bottoming? Or Is Another Crash Coming? Read More »
This is a Guest Post by AK of Fallible AK has been an analyst at long/short equity investment firms, global macro funds, and corporate economics departments. He co-founded Macro Ops and is the host of Fallible. If you want to trade for a living there are many different paths you can take. You can join
How to Become a Professional Trader: Trading Read More »
My chat with Hedge Fund Market Wizard Larry Benedict featured in Jack Schwager’s book Hedge Fund Market Wizards. You can follow Larry Benedict on Twitter at @opptrader and visit his website at OpportunisticTrader.com
My Chat with a Hedge Fund Market Wizard Read More »
This is a Guest Post by AK of Fallible AK has been an analyst at long/short equity investment firms, global macro funds, and corporate economics departments. He co-founded Macro Ops and is the host of Fallible. Let’s get into the 3 stocks to buy for November 2018! This is just part 1 where we’ll talk
The BEST STOCK To Buy In November 2018? Read More »