Bitcoin possesses the same characteristics as money: durability, portability. acceptability, limited supply, divisibility, and uniformity. There is no commonly accepted physical coin that represents Bitcoin. Bitcoins can be converted to other currencies. No one person controls Bitcoin it exits on a Blockchain. Bitcoins are kept in software wallets. The maximum amount of Bitcoins will be […]
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$SPY is still bullish over all moving averages. $SPY is within striking distance of all time highs. The 10 day EMA has acted as end of day support since November 16th. $SPY has gone parabolic with upward momentum carrying price over the 70 RSI to 73.79. Every dip in price continues to be bought. The average
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What does the greatest investor of our time have to say about the Bitcoin mania? Bitcoin breaks all the rules in Mr. Buffett’s methodology for buying cash flowing businesses at a great price that have a moat around their business model. He missed growth stocks Amazon, Tesla, and Google because they did not fit into
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Bitcoin: $0000 – $1000: 1789 days * * * $5000- $6000: 8 days $6000- $7000: 13 days $7000- $8000: 14 days $8000- $9000: 9 days $9000-$10000: 2 days $10000-$11000: 1 day $11000-$12000: 6 days $12,000-$13,000: 17 hours $13,000-$14,000: 3 hours — zerohedge (@zerohedge) December 6, 2017 Tulips are not durable, not scarce, not programmable, not
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“The right trading behaviors start as rules and evolve into habits.” – Brett Steenbarger Across sports, business, and entertainers the top performers are not the ones that have to think through their every action. The top performers have trained themselves to react at the right time and do the right thing in each situation. Champions
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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 Bitcoin Is A FAKE Currency Read More »
This is a Guest Post by: Colibri Trader @priceinaction. This article is used here with permission and originally appeared here on ColibriTrader.com. “How I Made $2,000,000 in the Stock Market” or Why a Less Known Trader is Worth Mentioning by: Colibri Trader Talking about successful traders is sometimes boring. Everyone talks about Jesse Livermore or George
How Darvas Made $2,000,000 in the Market Read More »
Price continues to be within striking range of all time price highs. Price remains bullish above all moving averages. RSI at 73.57 continues to show momentum at these over bought levels. The intra day trading range continued to expand last week. The ATR is as high as it has been since April. The strong reversal
10 Facts About the $SPY Chart: 12/3/17 Read More »
Here are five trading products I have used and found helpful in my own trading journey. These items have made me a more profitable trader and paid for themselves in better trading performance. I am a subscriber to StockCharts.com for clean clear charts with technical indicators and moving averages. I have used ETFreplay.com for
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Wow!!! $BTC challenging upper resistance line of parabolic advance. This is biggest bull market of my 43 years of as a trader. pic.twitter.com/1uNuTyRd02 — Peter Brandt (@PeterLBrandt) November 26, 2017 "If you had invested $1,000 in Bitcoin in 2011, you're sitting on $11 million in value today" – @ValaAfshar on @BNN pic.twitter.com/WloB3f9gTp — Jon Erlichman
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A trading tool is anything that has a function that helps you be a profitable trader. Back testing software is a tool that helps you see what type of price action trading signals were profitable in the past price data. An entry signal is a tool that tells you when to get into a trade
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Screen time is the amount of time you sit in front of your computer monitor and watch the market price action. In today’s mobile world screen time can even expand to mobile phones and tablets if we check in on charts and price quotes when we are away from our desk top computers. Screen time
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This is a guest post by Josh Wardini at BitcoinPlay.net As Bitcoin surges to break high after high, it is generating more and more awareness as the world’s first Internet-based currency. Bitcoin, created in 2009 by Japanese inventor and Nobel peace prize nominee Satoshi Nakamoto, is becoming a household name. Bitcoin represents the first-ever truly global
Greatest Invention Yet of the Internet Age? Read More »
This formula for profitable trading was shared in my Facebook trading group by professional trader and money manager Richard Weissman author of Trade like a Casino. What is positive expectancy? Here’s a .xlsx friendly formula: Expectancy = ((PW*AW) – (PL*AL))*F Where PW = % Win; AW = Average Win; PL = %Losses; AL = Average
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The most bullish signal for any chart is new all time highs as everyone holding $SPY is sitting on a profit. The only pressure is profit taking at all time highs as no stop losses or trailing stops are getting hit. All moving average systems remain bullish. The MACD almost had a bullish crossover Friday,
10 Bullish $SPY Chart Facts: 11/26/17 Read More »
20 Traps All Traders And Investors Must Avoid by @MarwoodJB Traders are better humans and here is why – optimize your life and performance by @Tradeciety How to Master TradingView in Less than 20 minutes by @Rayner_Teo The two things I consistently find among winning traders by @steenbab
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Bitcoin’s market cap just passed McDonald’s. Yes, that McDonald’s: 37,000 locations, 375,000 employees, $24 billion in revenue. $BTC.X $MCD pic.twitter.com/BmCAclWT0g — Charlie Bilello (@charliebilello) November 20, 2017 History of Bitcoin $500: It’s a bubble! $1000: It’s a bubble! $2000: It’s a bubble! $3000: It’s a bubble! $4000: It’s a bubble! $5000: It’s a bubble!
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There are many things traders and investors should be thankful for this Thanksgiving. Let’s stop for a second and count our blessings, because surely stock market operators of the past would be envious of our access to trading tools and market environments. Everyone has access to low discount broker commissions. You can trade for less
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A profitable stock trader’s success is not based on picking the right stock at the right time. There are dynamics that determine success other than entries and picks. Millionaires aren’t created because they have a magic system for trading through all market environments. There are a couple of things that influence profitable trading, and they
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