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
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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!
Top 10 Trading Tweets: Week 11/24/17 Read More »
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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This is a Guest Post by [email protected] Top 10 Forex Trading Tips for the Beginners Part 2 We discussed the top 5 ideal trading habits into our part 1; now let’s discuss part 2 where I’ll be focusing on smart habits, those you need to master to get the maximum benefit from your trading. They
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This is a Guest Post by [email protected] Top 10 Forex Trading Tips for the Beginners Part 1 There is a brutal truth and an old saying in Wall Street, which is “Bulls make money, bears make money and pigs get slaughtered” Institutional traders, Banks and even regulated retail brokers ( both the MM or ECN
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Price remains near all times high. Price is above all key moving averages. $SPY is beginning to transition from an uptrend to a trading range with $255.63 as support and all time highs is resistance. The 10 day EMA failed to hold as end of day support last week as the market began to go
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Here are seven pieces I would give to my younger self if I could travel back in time 25 years. Slow down, you don’t have to be in a rush to put real money at risk. The market isn’t going anywhere. Read plenty of trading books before starting to trade. It is money well spent
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ICYMI: After Slamming Bitcoin As A Money Laundering Tool, JPMorgan Busted For Money Laundering https://t.co/t1knQTHtc3 — zerohedge (@zerohedge) November 17, 2017 “If you owe your bank manager a thousand pounds, you are at his mercy. If you owe him a million pounds, he is at your mercy.” —John Maynard Keynes — Shane Parrish (@farnamstreet) November
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Here are the seven most common errors traders make in a bull market. They wait for a correction to get long that never happens. So they end up missing a big part of the up trend. They do not get long with a big enough position size or enough leverage so they end up underperforming
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$AMZN has almost no stores ?$Uber owns almost no cars ?$FB creates no content ✏️$BABA has no inventory ?$AirBnB owns no real estate ? Bitcoin has no physical coins ? — Stephen Burns (@SJosephBurns) November 10, 2017 A lot of the biggest and most bullish companies in the world connect buyers with sellers. These new
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This is a Guest Post by Alex @MacroOps which was posted originally here: Lessons From A Trading Great: Ed Thorp and is reposted here with permission. Ed Thorp, the father of quant investing, might be the most impressive market wizard. He turned seemingly random processes into predictable events, transforming the art of speculation into a science
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