This is a guest from Jeff who is on twitter at @TSXtrad3r. This post originally appeared as the post: Poker vs Day Trading Stocks on www.livestreamtrading.com and is posted here with permission. Critical decision making under pressure. Problem solving. Risk vs reward. Discipline. Bankroll management. Strategy. These are all things that relate to poker and day trading, […]
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This is a Guest Post by Alex @MacroOps which was posted originally here: Hedge Fund Manager Mark Sellers On Becoming A Great Investor and is reposted here with permission. This is a killer talk I came across from Hedge Fund manager Mark Sellers, speaking to some Harvard MBA kids on what it takes to make it
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This is a Guest Post by: Colibri Trader @priceinaction. This article is used here with permission and originally appeared here at Bullish Engulfing and Bearish Engulfing- Probably The Best Price Action Candlestick Patterns Bullish engulfing, as well as, bearish engulfing are two of the most powerful price action candlestick patterns. I have mentioned them briefly in
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Many new traders are taken out of the trading game through bad mental practices. Here are some things that top money managers and rich traders have shared through interviews and books that may help traders who are making mental mistakes in their trading. Ten Powerful Psychological Traits of the Rich Trader They have the ability
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$SPY has broken out to make new all times. Price is over all moving averages. Extremely overbought RSI at 81.22. This is one of the most overbought markets in history. MACD remains under a bullish crossover. Small increase in the trading range with ATR Friday after the gap higher. Last week volume started low but
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This is a guest from Jeff who is on twitter at @TSXtrad3r . This post originally appeared as Yoga and Day Trading: Improve Your Mental Game on www.livestreamtrading.com and is posted here with permission. As many of you know, day trading is a business of discipline, patience, and execution. To be a professional in this field, like
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I began building up my capital in 1992 and started as simply a buy and hold investor. I have evolved over the years into a swing trader and trend trader and also used options. It has been a great run. After the volatility and crashes of 1998 I really stopped investing and started ‘trading’ in
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This is a Guest Post by Alex @MacroOps which was posted originally here: The Best Trading Podcasts For Global Macro Investors and is reposted here with permission. These days we’re flooded with information with barely enough time to digest it all. To help solve this, our team at Macro Ops tunes into trading podcasts.
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This is a Guest Post by: Colibri Trader @priceinaction. This article is used here with permission and originally appeared on ColibriTrader.com as “Trading with Divergences- Everything You Need To Know About Divergences.” by: Colibri Trader Divergences- Introduction >>>Bonus: Get Free Divergence Spreadsheet<<< Learning how to trade with divergences can sometimes be a little daunting. Not
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Alpha is the active trading return on an investment. It measures performance against a market index benchmark that represents the market. Returns of an investment, investor, or trader above the return of a benchmark index is Alpha. Here are ways to generate Alpha: Trade an index with leverage, you will beat the benchmark when the
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Here are ten things I believe are needed to be a great trader. It will surprise some that predicting, having conviction, reading a balance sheet, or stock picking is not on here. Over the long term the trading game is won through proper risk management, mental discipline, and the ability to create and follow a
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$SPY continues to make new all time highs. This is the most bullish signal. $SPY is above all moving averages. $SPY is under a MACD bullish crossover. RSI remains overbought at 74.55 which has been bullish over the past year. The trading range continues to fall to an ATR of 1.04. VIX trended down last
Top 10 $SPY Chart Signals: 10/15/17 Read More »
This is a Guest Post by PacForex. “When I hear music, I fear no danger. I am invulnerable. I see no foe. I am related to the earliest times, and to the latest.” – Henry David Thoreau Finding many laptops and computer monitors displaying different charts and quotes is a common sight in the working
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This is a guest post by Clint Siegner is a Director at Money Metals Exchange. One of the biggest questions for new buyers for precious metals is “What should I buy?” The first rule often addressed is to avoid collectible or numismatic coins and the exceptionally high premiums that dealers charge for them. This discussion will
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This is a Guest Post by Alex @MacroOps which was posted originally here: The Wealth S-Curve That’s Driving Current Global Macro Trends and is reposted here with permission. The graph above shows a logistic function that maps out a sigmoid curve… otherwise known as an S-curve. This function was popularized by mid-19th century scientist Pierre Francois
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This is a guest post from Tino @tradersreality. This article originally appeared on tradersreality.com and is reposted here with permission. It has been a while since I last posted. I have been doing some soul searching, exploring previous trades that went wrong and how I could have improved the accuracy of my entries and exits. The
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Trading is a numbers game more than anything. Here are seven crucial numbers and statistics that a serious trader needs to set expectations around and know. Some can be found through historical backtesting, some can be controlled, others give the trader a target to aim for. Once a trader understands these numbers and does the
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Trading with no stop losses. You can’t control your profits but you can control and limit your losses with a planned exit. Not having an exit plan can be very expensive when a trend starts against your position and you start hoping instead of just cutting your losses and moving on. Your opinion can be
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$SPY is currently under all bull signals. $SPY has had six trading days of higher highs and higher lows, this is what an up trend looks like. The market has trended higher on good volume. Price is above all key moving averages. $SPY is near all time highs. RSI is parabolic with a 77.61 overbought
$SPY Chart: 10 Bull Signals 10/8/17 Read More »
If you have a winning system with the right risk management you can still fail to be profitable if you do not have the right trading psychology to trade it with discipline. If you have a winning system with the right trading psychology you can still fail to be profitable by blowing up during a
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