Trading is not really all about stock picking, predictions, and opinions. It is not even just about a winning system. Yes, first you have to understand how to trade and put the odds in your favor of winning, but that is not enough. You must also add in risk management so when you lose several times […]
3 Dimensional Trading Read More »
This is a Guest post by Charles Leworthy of ForexBinary101. Measuring the fair value of a stock option seems like guesswork in most cases. However, it is important to understand the key concepts that dictate the numbers for price options, and how much influence they have. Let’s take a better look at how dividends on
The Influence of Dividends on Call and Put Equity Options Read More »
This is a Guest Post by Alex @MacroOps which was originally posted at The Philosopher on Playing the Player Market sentiment is a fuzzy concept. In its most basic sense, it’s the aggregate beliefs and moods of actors that comprise the total market. It’s tough to measure, gauge and test. And so, it’s often discarded completely
The Philosopher on Playing the Player Read More »
1. Decisions – You must decide what markets you will trade and on what time frame. 2. Homework – Learn what actually works in the market to create profitability. 3. Adjustments – Discover what makes you money and what causes losses. Make adjustment to do more of what works and stop doing what costs you money.
The 5 Steps to Profitable Trading Read More »
This remains a range bound market inside a longer term uptrend with defined trading ranges. Long term resistance is at $218.50 long term support is at $212. Short term resistance is at $216 short term support is at $214. The $SPY has gone so flat and sideways that the 5 day ema, 10 day ema, and
10 Fast Facts About the $SPY Chart 10/9/16 Read More »
Do Managers Eat Their Own Cooking? Artificial+Collective Intelligence for trading 4 Reasons Why Volatility is a Poor Measure of Risk Underestimating the Density of the Fog Trading Will NOT Solve Any Of Your Problems
My Favorite Trading Articles: Week 10/8/16 Read More »
Time and patience are a traders biggest weapon. The best traders are often the ones you are already holding. Give them TIME to play out. — Assad Tannous (@AsennaWealth) October 4, 2016 $TWTR 1987 -20%. Oldest scam in the book and it still works. ? https://t.co/oqF29cxtaU — Assad Tannous (@AsennaWealth) October 6, 2016 I make
Top Trading Tweets: Week 10/7/16 Read More »
$TWTR all this news does is create opportunities to trade — DK1 (@canuck2usa) October 6, 2016 $TWTR 1987 -20%. Oldest scam in the book and it still works. ? https://t.co/oqF29cxtaU — Assad Tannous (@AsennaWealth) October 6, 2016 Usdjpy back under 104 already. Below 103 Friday and one way ticket to 97 starts. Need to 103
7 of My Favorite Price Action Traders Read More »
This is a Guest Post by Alex @MacroOps which was originally posted here: Beware The Top Performers “And, at any point in time, the richest traders are often the worst traders. This, I will call the cross-sectional problem: At a given time in the market, the most successful traders are likely to be those that
Beware The Top Performers Read More »
This is a great point and article shared in my Facebook trading group: From Simon Vuko: The below principles have massive trading implications for newbies: ‘The Dunning-Kruger effect explains that the problem isn’t just that they are misinformed; it’s that they are completely unaware that they are misinformed. This creates a double burden.” “Studies have
Trading in the Dark Read More »
The rallies felt very strong late last week but they were only inside the recent trading range. The price last Thursday seemed to fall hard but it was well inside the near term trading range. $218.50 has been $SPY resistance since August 15th 2016. $211.25 has been $SPY support since the July 18th 2016 breakout
The $SPY Chart Trading Range: 10/2/16 Read More »
Michael Covel podcast Jesse Livermore Quotes Examined Technical Analysis and Its Return to Prominence The Importance of Focusing on Your Process Execution and the Objective Trade and Day Grading Tool I’ve never seen anything like the massacre of the hedge fund business this year Germany Working On Deutsche Bank Rescue Plan As Lender Sells Unit
Top Trading Articles: Week 10/1/16 Read More »
Know what you want to seeWhere you want to see itWhen you want to see it — Tom Dante (@Trader_Dante) September 27, 2016 There's 2 options in life/trading.Easy option: Keep doing same things & blame every1 else.Hard Option: Take a good hard look in the mirror — Assad Tannous (@AsennaWealth) September 28, 2016 Learn when
Top Trading Tweets: Week 9/30/16 Read More »
There are some common things that happen to most participants in the financial markets on their path to success or during their failures. Some start out with beginners luck only to see it run out and realize they have to build skills. Others have to go through failures for a long period of time before they
Inevitable Events on Your Trading Journey Read More »
Trading Bias Definition: A trading bias is the tendency that leads traders and investors to follow a predetermined path in a trade or investment even when it appears they are wrong from a fundamental or technical perspective or both. A bias about a trade occurs when there is a loss of perspective because their opinions or predictions are held even
Breaking Your Trading Bias Read More »
Trading with no stop losses. You can’t control how big your profits are, the market will trend as far as it does. However, you can control and limit the size of your losses with a stop loss and a carefully managed positions size. Not having an exit plan if you are wrong can be very expensive when
7 Expensive Things for Traders Read More »
SPX continues in a range with resistance holding at 2200 and support at 2120. SPX new all time highs stays within striking distance and is still possible in coming weeks. The SPX 100 day SMA held as key support during the last plunge. The SPX MACD finally had its first bullish crossover since June. Slow Stochastics maintains a
$SPX Chart Key Levels: 9/25/16 Read More »
Everybody loves indexing. “Be careful when everyone finally agrees that one way works best.” Making money by trading less – 10 situations when not to trade The Stock Market Is a Mood Ring 7 Forex Trading Lessons Rayner Teo Learned from 7 Years of Trading How much money can you make with a profitable trading
Top Trading Articles: Week 9/24/16 Read More »