Ray Dalio founded the Hedge Fund Bridgewater Associates out of his apartment in 1975. He opened an office in Westport, Connecticut by 1981, and grew it into becoming the world’s largest hedge fund by 2005. As of 2019 it has over $124.7 billion in assets under management. In 2007 Bridgewater starting seeing warning signs there […]
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Trading for a living is a professional endeavor like any other. It requires a large amount of capital to go full time like any other business and the returns are irregular much like being a commissioned sales person. It is less about trading from a lap top on the beach with a Lamborghini in the
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This is a Guest Post by Arnout ter Schure on Twitter @intell_invest. Using my mechanical system’s results to test the “is trading the close or open more profitable?” thesis. SPX Trading System Signals Some say one should only trade the close because the overnight Futures markets carry most of the stock market’s gains, see here. Others
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Profitable trading principles are the same for both day traders and swing traders, what changes is the time frame they operate on and the different psychology that is required. There is no right or wrong way to trade, there are profitable traders on all time frames but let’s discuss the pros and cons of day
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Everyone understands the simple process of buying a stock. You type in the stock symbol and how many shares you want then click buy, then when you are ready to sell your stock you press sell and the quantity of shares you want to sell. This is simple and easy to understand. Selling a stock
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Almost everyone is familiar with legendary investor Warren Buffett who is known as the Oracle of Omaha. Mr. Buffett who has been the richest man in the world many times has reached celebrity status. His lesser know Berkshire-Hathaway partner Charlie Munger is a man that is also one of the most respected men in the
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This is a Guest Post by Jake @TrendSpider. In this weekend’s analysis, we take a look at the broad market ETF’s SPY, QQQ, and Bitcoin. There will be no webinar this weekend but make sure to sign up for next weekend’s with our guest from “The Chart Report”.
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A price action trading system is a process for using new price data to make buy and sell decisions on a watch list of markets. A price action trading system attempts to use entry and exit signals that have an edge by creating good risk/reward ratios that lead to profitable trading. There are five primary
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Paul Tudor Jones is one of the greatest traders and money managers of his generation. He has had no losing years in his primary fund for decades. He was able to more than double his capital under management during the Black Monday Crash of 1987 while others faced huge drawdowns and account blow ups. He
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Netflix (NFLX) has been on a tear since 2012 but peaked in 2018 and has yet to best its All Time High. So, what gives? Currently it is trading almost 40% below peak levels and one should start to wonder if it is a buy or not because buy-low and sell-high is one of the
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Jesse Livermore was an early innovator in the trading world as one of the first traders to create a trading plan and a system. He basically invented price action trading and trend following in the early 20th century. He had higher highs and lower lows than most people can even imagine, he both became wealthy
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A moving average crossover signal is when you use both a short term moving average and a long term moving average on the same chart. A crossover signal is generated when the moving averages break above or break below each other. A trader buys when the shorter term moving average crosses over the longer term
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Technical indicators give traders ways to quantify and measure price action. A technical indicator can show the direction of the current trend, volatility, momentum, and whether a market is overbought or oversold. The best use of technical indicators is to use them to create great risk/reward ratios on entry. Technical indicators can also be the
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IRAs and 401Ks are designed to enable people to save money in investment accounts by offering tax advantages for doing so. These retirement accounts were meant to replace the defined employer pension plans of the past. With a pension plan an employee received a defined perpetual payment every month from their employee based on years
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I get asked all the time the question: “What moving average is better the simple moving average or the exponential moving average?” The answer to this is that it depends on the market you are trading and what your backtests show on your specific markets. The simple moving average is just that, simply the moving
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When traders want advice on their trading what better place to go than someone who had both big and consistent returns over a very long period of time? “Mr. Seykota himself has put together a money management track record with returns of roughly +60% net of fees over the three-decade span of his trading career…”
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“Trade what’s happening, not what you think is gonna happen.” – Doug Gregory In trading there is only one time frame you can trade on: the present moment. You can’t time travel to the past or future to enter a trade so everyone is stuck trading in the present moment. Your decisions in this present
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Most trading books explain the principles and philosophy of trading, and I have read hundreds of them. Very few give examples of trading systems that have an edge and show the equity curve of the system as it is traded through different market environments. Here are eight trading books that discuss several systematic ways to
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Here are ten reasons a stop loss is so important in trading: A stop loss defines your price risk by quantifying what price level you will exit a trade at. A stop loss helps define your trade size. By knowing what price you are going to exit a losing trade you can set your position
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Jim Simons was a hedge fund manager and a mathematician. He was a quantitative investor and the founder of the hedge fund Renaissance Technologies. His hedge fund specialized in systematic trading using quantitative models derived from mathematical and statistical analyses. Mr. Simons primary models were on pattern recognition. He contributed to the development of string
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