Greed can push prices far above any reasonable fundamental valuation. Fear can take prices lower than investors would have thought possible. Trend traders make money in the markets not because they predict anything but because they buy what is going up and they sell what is going down. They discover ways to measure and react […]
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No trading system will be profitable long term without the right risk management. In the twenty-first century it has become fashionable to manage one’s own investments, yet few traders implement disciplined, professional money management strategies. During the stock market Dotcom bubble, limiting risk was an afterthought, but after the 2008-2009 meltdown, it showed many investors
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The minority of people who win generally do six things differently than the majority of people that don’t. Here are my opinions of what winners do differently. Most successful people tend to wake up early because they can’t wait to get to work on their passion and vision. People that tend to love to sleep
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Risk and volatility are two very different concepts. Volatility is the up and down nature of markets. If your trading strategy expects the markets to move up and down, as markets often do, then you must be ready to deal with volatility each and every day. Markets trend from high volatility to low volatility and
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There’s a lot.. but one the worst things is have too much success too early and get overconfident. — Drew Marshall (@DrewDoesBiz) October 31, 2017 Believe the macro bear is making the same trades he’s preaching. — Graydon Britton (@graydonbritton) October 31, 2017 Buy DRYS — Rjwalz (@Rjwalz666) October 31, 2017 Sell naked call options.
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Trading when the odds are in your favor is trend following. Trading with the odds against you is gambling. Many of the same people that think trading is gambling or that the options, futures, and stock market are too risky are the same that will not hesitate to buy a Powerball ticket, scratch of f
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$SPY is at all time highs, there is no greater bullish signal than this the majority of the time. Friday made new all time highs on good volume. $SPY price is in an up trend and over every moving average. Near term support in$254. Last weeks dips were bought very quickly intra-day showing eager buyers.
10 Signals on the $SPY Chart: 10/29/17 Read More »
A good trade is one where you followed your process regardless of whether you made money or not. A bad trade is one where you didn’t follow your process regardless of whether you lost money or not. Amateur traders make one big mistake at the beginning. They get all wrapped up in their trading results
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This is a guest from Jeff who is on twitter at @TSXtrad3r. This post originally appeared as the post: Poker vs Day Trading Stocks on www.livestreamtrading.com and is posted here with permission. Critical decision making under pressure. Problem solving. Risk vs reward. Discipline. Bankroll management. Strategy. These are all things that relate to poker and day trading,
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This is a Guest Post by Alex @MacroOps which was posted originally here: Hedge Fund Manager Mark Sellers On Becoming A Great Investor and is reposted here with permission. This is a killer talk I came across from Hedge Fund manager Mark Sellers, speaking to some Harvard MBA kids on what it takes to make it
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This is a Guest Post by: Colibri Trader @priceinaction. This article is used here with permission and originally appeared here at Bullish Engulfing and Bearish Engulfing- Probably The Best Price Action Candlestick Patterns Bullish engulfing, as well as, bearish engulfing are two of the most powerful price action candlestick patterns. I have mentioned them briefly in
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Many new traders are taken out of the trading game through bad mental practices. Here are some things that top money managers and rich traders have shared through interviews and books that may help traders who are making mental mistakes in their trading. Ten Powerful Psychological Traits of the Rich Trader They have the ability
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$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
10 $SPY Chart Signals: 10/22/17 Read More »
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
20 Trading Lessons in 20 Years Read More »
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 »