Trading Habit #13 “Trends never turn on a dime. Reversals build slowly. The first sharp dip always finds buyers and the first sharp rise always finds sellers.” – Alan Farley It is important for traders to understand that trends do not go straight up or straight down they tend to zig zag back and forth […]
The Nature of Trends Read More »
Here are some of the best selling and highest rated Crypto Currency and Bitcoin books for sale on Amazon.com. These are a great help in our self education on learning how Blockchain technology works, why Bitcoin has been so highly valued, and how to trade Crypto Currencies. Cryptoassets: The Innovative Investor’s Guide to Bitcoin and
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Trading Habit #17 “Money is made by discounting the obvious and betting on the unexpected.” – George Soros The obvious trades that everyone thinks are a no brainer usually do not work because when a trade becomes obvious it is too late as the winning traders prepare their exit strategies to lock in profits
Obvious Trades vs Unexpected Trades Read More »
$SPY continues to make new all time highs in price. This is the most bullish signal. The average true trading range continues to expand but the move is all to the upside. MACD remains under a bullish crossover. 39 straight trading days with a price close over the 10 day EMA. This is incredible strength
10 $SPY Chart Signals: 1/14/18 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. I used to a run 10K every day when I was studying at the University. Since then, I have reduced a lot of my running habits due to a past injury, but I still
Running and Trading Read More »
The facts: As measured in USD, $BTC break was hard. As measured on log chart, $BTC correction very similar to previous corrections (so far anyway) pic.twitter.com/Z6EksswcKx — Peter Brandt (@PeterLBrandt) January 11, 2018 Some of the tools I use to trade Crypto pic.twitter.com/zkPnWoo68q — Tom Dante (@Trader_Dante) January 9, 2018 Why the Roman empire collapsed,
Top 10 Trading Tweets: Week 1/12/18 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. Creative trading involves change. Trading in general is changing all the time. Change is creative by itself if managed properly. Creative trading involves willingness to challenge; a willingness to take risks and step outside
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This is a guest post by Troy who is a private trader who blogs at Bull Markets Outlook for the U.S. stock market in 2018 based on fundamentals and long term technicals I’ve always used a medium-long term trading approach in the U.S. stock market, from my hedge fund days to the present. My Medium-Long Term
2018 Fundamentals and Technicals 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. In the video above you’ll learn essential lessons from one of the greatest investors to ever play the game. Understanding these concepts
Druckenmiller on Gaming Market Scenarios Read More »
$SPY continues to press higher to new all time highs. the most bullish signal as all people holding $SPY are sitting on a profit. No stop losses are trailing stops are hit at all time highs, the only selling pressure is profit taking while short sellers are pressured to buy to cover. The 10 day
The Bulls are in Control: $SPY Chart: 1/7/18 Read More »
“Missing a trade is a much more serious error than making a bad trade. If you make a bad trade you have the [stop loss.] However, if you miss a good trade there is nowhere to turn. If you miss good trades with any regularity you’re finished.” @SJosephBurns https://t.co/j8gcbOj4mJ — Jerry Parker (@rjparkerjr09) January
Top 5 Trading Blog Posts: Week 1/6/17 Read More »
You’re never going to get rich renting out your time. — Naval (@naval) January 5, 2018 Do not chase breakouts. If you miss a breakout, just count it as a missed trade. Dogs that chase cars end up under the wheels. — Peter Brandt (@PeterLBrandt) January 2, 2018 Krugman 1997: “The Internet’s impact on the
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Here is a great interview with the linchpin of trend following Michael Covel interviewing the legend of trading Ed Seykota. Ed Seykota’s interview in Market Wizards had a pivotal impact on my trading and helped me with long term principles of profitability. I am glad that Michael Covel did these new interviews to expand on
Michael Covel Interview with Ed Seykota Read More »
Chart Facts: · A bull flag chart pattern occurs after an uptrend out of a previous price base. · The ‘pole’ is represented by the previous uptrend in price before a consolidation. · The ‘flag’ is a rectangular descending price range when the uptrend to new higher prices stops. · The signal of the end
Bull Flag Chart Pattern Explained 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. The type of mania we’re seeing in Bitcoin is reminiscent of the 99’ tech bubble. They’re similar in that we have a
The REAL Value Of Bitcoin: Blockchain Read More »
$SPY remains bullish as price is near all time highs put some warning signs for a pullback are starting to emerge. The 10 day SMA has acted as end of day support for 30 straight trading days. Closing below this line will be a danger signal for bulls. Friday’s down day was the highest volume
10 $SPY Chart Warning Signs: 1/1/2018 Read More »
Here are my most liked, shared, and popular blog posts of 2017. Thanks to all my readers for making it a great year! I look forward to more writing and sharing in 2018. Why Bitcoin Is A FAKE Currency A Guide to Trading with Stochastic Indicators 10,000 Hours of Trading Lessons From A Trading Great:
My Top 10 Blog Posts of 2017 Read More »
The results are in! Congratulations to @Alsabogal for topping the poll two years in a row! We had an amazing response this year, with 2,156 verified votes! Thank you to everyone that participated and shared some of their favorite traders with us. There were a record number of write-ins this year. Seven of the top
The Most Helpful Trader on Twitter – 2017 Results Read More »
Crypto is a bet against the modern macroeconomic dogma, which is passed off as science, but is really a branch of politics – with rulers, winners, and losers. — Naval (@naval) December 24, 2017 Very unfortunate that a new generation of traders completely misunderstand charting. Charting does not provide predictions. Rather, it can: 1.)
Top 10 Trading Tweets: Week of 12/29/17 Read More »
Trading Rule #2: Your trading system must be built on quantifiable facts not opinions. Very few new traders take the step from trading opinions and predictions to trading actual price action and signals. Amateurs take trades based on feelings while professionals have fact based reasons. A signal is a quantifiable reason to take a trade
Trading Opinions Versus Facts Read More »