This is a Guest Post by Andrew Derbyshire he is on twitter @AndrewDerb So, the UK has left Europe (EU for the time being. Subject to change, since the powers that be have not activated the nuclear device that is the ‘Article 50’..ect..whatever..if they ever do). I want to put this thought out though. […]
Why a Brexit Voter Wants Out of the EU Read More »
The Brexit was an unexpected event. Traders bets were overwhelmingly bullish and that Britain would remain in the EU even rallying the markets up in front of the risk event. Generally it is better to buy a big sell off in the markets in front of a risk event so when it does not happen the
The Brexit Attacks the $SPY Chart Read More »
Why Time is Key to Trading Psychology 10 Trading Rules From Seasoned Traders Trading Can Be A Bloodsport How to use supply and demand trading zones to identify high probability setups Here is Risky (risk reversal) primer for new followers or those who missed it previously
5 Great Trading Blog Posts 6/25/16 Read More »
OH NO! Remember what the markets did last time this happened. #Omen pic.twitter.com/7l2dx9qHZX — Assad Tannous (@AsennaWealth) June 21, 2016 Pound at a 31-year low versus the US dollar. Book that tropical London getaway you’ve been dreaming about. — Downtown Josh Brown (@ReformedBroker) June 24, 2016 This was a 6-sigma event, which is supposed to
Trading Tweets of the Week: 6/24/16 Read More »
I use candlesticks on my own charts. I like them for how they visual represent prices and how they quickly show the contrast of the open, close and daily range. I studied how best to use them inside a trading system as confirmation of my existing signals. I was very happy when a trader that I admired
My Review for a Candlestick eCourse Read More »
This is a guest post by Francois Normandeau This is a fictional story. Tom’s diary. Year 1: I decided to become a trader. I want to get rich quickly and easily and retire next year. I always liked catamarans and maybe I can date models. Year 2: Since I decided to become a trader, I
A Traders Diary: Guest Post Read More »
Bernie Madoff made most the con-artists featured on the CNBC show “American Greed” look like small time operators compared to him. What are some lessons that can be learned from Bernie Madoff and his $50 billion Ponzi Scheme? Many professional traders knew that he was a Ponzi Scheme in the 1990s, but how? What were the clues
Ten Lessons From Bernie Madoff Read More »
Regardless of how we make money there are specific reasons why people get paid. Understanding why we get paid is crucial to understanding how to be prosperous. Most shopping mall sales clerks get paid for their time. Their job is primarily to be there and ready to take care of customers if needed. Managers get paid
$SPY seems to have made a short term pullback inside market that has been going sideways since December of 2014. Buying the deep dips continues to work as $SPY continues to return to all time highs and fail to break out over and over. $SPY has spent the past 4 trading days in a
10 $SPY Chart Facts 6/19/16 Read More »
My 6 trades and how to make money with a 50% winrate BREXIT Update: Weighing The Financial Markets, News, And Polls There Is No Such Thing As Trading Psychology The startup that’s been cleaning up Wall Street just became an official stock exchange https://www.youtube.com/watch?v=meDZ5wU8Pls&sns=tw
My Favorite 5 Blog Posts: Week 6/18/16 Read More »
Deutsche Bank valuation is the same as SnapChat — StockCats (@StockCats) June 14, 2016 My condolences for your huge losses this week then 🙁 https://t.co/YrfiES48PX — Tom Dante (@Trader_Dante) June 17, 2016 I am glad that a lot of people don't agree with me. Once they do I will know my edge is gone. —
Top Trading Tweets: Week 6/17/16 Read More »
This could be a $QQQ reversal off a near term bottom in the short term based on the today’s price action. I entered $TQQQ today at $97.38 after the confirmed reversal through the 200 day SMA. I will let price be my guide whether I am stopped out with a close under the 200 day or letting my profits run
10 Signals that Show $QQQ Could Reverse Read More »
“By mid-1978, I had been a security analyst for eight years and it had become intolerable. I knew I had to do something different. I always knew I wanted to work for myself, have no clients, and answer to no one. That, to me, was the ultimate goal.” – Marty Schwartz This is what it’s
Marty Schwartz’s 6 Key Trading Rules Read More »
$SPY sits at +3.04% year to date. It hasn’t delivered much return in 2016 for all the risk that has been taken on during the drawdowns. $SPY continues to stay inside a large trading range since late 2014. All-time highs were rejected last week. The Brexit possibilities are starting to send jitters into the equity markets,
The $SPY Chart in Nowhere Land Read More »
What you’re not hearing about George Soros today Sit on Your Hands and Prosper The Value of Grey Thinking
My Favorite Trading Links: Week 6/11/16 Read More »
A lot less George Soros mocking today. — Northy (@NorthmanTrader) June 10, 2016 I know what you did last summer. pic.twitter.com/BjXwmHFLlg — Northy (@NorthmanTrader) June 10, 2016 Fear of giving back profits is why most traders will never truly make life changing fortunes.Those that do succeed end up grinding a living. — Assad Tannous (@AsennaWealth)
Top Trading Tweets of the Week: 6/10/16 Read More »
The surprisingly bad job’s report released on Friday was initially sold off, but then recovered and rallied back to erase the majority of morning losses. We traded around a $208.85 support and a $211 resistance level last week in $SPY. This is a good price base to build, setting up another run to higher levels. This market continues to be
The $SPY All Time High Battle Continues Read More »
The Emotions vs. Sentiments Tim Pickering: “Investments can be broken down into essentially two types: Convergent and Divergent S&P 500 Trading Update: Will Lower Support Levels Hold? How Language Defines Our Limits–And Our Opportunities Diversification Will Always Disappoint
Top Trading Articles of the Week: 6/4/16 Read More »