If one of the greatest traders in history told you how to buy and sell the best stocks for the most profits would you listen? Well we have a chance to do just that with William J. O’Neil’s book “How to Make Money in Stocks”. His lifetime of research on the precise fundamental and technical […]
Trading like Market Wizard William J. ONeil Read More »
When I asked “What kind of psychological edge do you have in your trading?” in my Facebook trading group I had a lot of great answers. Here are a compilation of many of their great answers. Here are the 20 mental trading edges that a trader can use in their battle for profitability in the
20 Mental Trading Edges Read More »
$SPY remains in the trading range it has been in since mid July. $214.25 support and all time highs are resistance at $219.60. This is a very tight range. The chart is still bullish as it stays near all time highs and tries to breakout. We finally had some movement on Friday with ATR increasing. It
Home on the Range: $SPY Chart 8/28/16 Read More »
The Profit Distribution in Trading Most Long-Term Profitable Traders are Under Water Most of the Time The Best Psychological Test of All 5 Things You Should Know About ETFs and Their Growing Popularity Are Index Funds Eating the World?
Top Trading Links: Week 8/27/16 Read More »
I don't remember anyone predicting the market would trade sideways for a month and a half — StockCats (@StockCats) August 26, 2016 Read that approx 10% of traders are on medication for mental issues. Thats scary, means 90% of traders out there are untreated. — Assad Tannous (@AsennaWealth) May 1, 2016 @AsennaWealth Easy$ trading bad
Top Trading Tweets of the Week: 8/26/16 Read More »
“The game taught me the game. And it didn’t spare the rod while teaching.” -Jesse Livermore Trading Losses: There are two types of losses, one loss is caused by the market simply not being conducive to the profitability of your system. The other type of loss is caused by a lack of discipline, causing you not
The Education of a Trader Read More »
Reading Nicholas Taleb’s book Anti-Fragile really got me thinking about how traders are broken. (This may actually be my favorite book out of over a thousand I have read in my life.) Traders can become fragile and be broken in several ways: They can quit because they believe that trading successfully is impossible. They can
Fragile Trader, Anti-Fragile Trader Read More »
Before there was a William J. O’Neil or a Nicolas Darvas there was Jesse Livermore. Livermore was considered to be one of the greatest traders to ever live. He is said to have made over $100 million shorting the 1929 crash, an unthinkable amount in his time. He made and lost millions on several occasions, he was
The 10 Trading Rules of Jesse Livermore Read More »
This is a Guest Post by Alex @MacroOps which was originally posted at Macro-Ops.com. “The generally accepted view is that markets are always right — that is, market prices tend to discount future developments accurately even when it is unclear what those developments are. I start with the opposite view. I believe the market prices are
How the Market Is Always Wrong Read More »
This has been a dull bullish market with just a slow grind to new highs. The stock market is under tight consolidation inside a price range with no pressure on bulls to sell as $SPY creeps around all time high prices. $SPY is over all key moving averages but lacks momentum. All dips are bought
The Dullish $SPY Chart: 8/21/16 Read More »
Your baseline: equities are in a bull market 85% of the time Why We’re Still Arguing Whether QE Worked Chart of the Day – Nasdaq Losing Streaks Take the Summer Off Trendlines 101 Interesting that, whilst bleeding from the jugular, most traders want to work on “psychology”. – Adam Grimes
Top Trading Articles: Week 8/20/16 Read More »
This summer, Einhorn and Robertson trimmed their $AAPL stake, Soros liquidated it and Singer went short. Berkshire raised its stake 55%. — Downtown Josh Brown (@ReformedBroker) August 16, 2016 Call Hillary she knows how to trade them ?? https://t.co/8UxFaRWRnN — DK1 (@canuck2usa) August 18, 2016 Not many believe second half growth will be better than
Top Trading Tweets of the Week: 8/19/16 Read More »
Here is a list of the ten most powerful quotes from Jesse Livermore’s book “How to Trade in Stocks.” Livermore was one of the greatest stock market operators of our time and his trading quotes stand the test of time. No one made more money in the markets or came back from more bankruptcies than Jesse
10 of the Best Quotes by Jesse Livermore Read More »
I truly believe the hardest thing about real trading has not been the math, the method, or picking the right stock, currency, commodity, or futures contract. The most difficult thing about trading is dealing with the emotions that arise with trading itself. From the stress of actually entering a trade or the fear of loss as a trade
Formulas for Managing Trading Emotions Read More »
There is nothing more bullish than all time highs. As all the holders of an asset sit with profits and no resistance except profit taking. We are in a Bull Market. Leading stocks are hitting all time highs. IPOS are having explosive moves. The $SPY 10 day ema is holding as short term support in
$SPY Chart: Bulls March On 8/14/16 Read More »
The Intraday Stock Market Schedule How to Make Yourself a Better Trader, Right Now Market Timing Tips & Rules Every Investor Should Know Keep it simple
Weekend Brain Food for Traders Read More »
Long whiskey, short soda — 3:30 Ramp Capital™♿️ (@RampCapitalLLC) August 12, 2016 Remember when you were supposed to sell in May, sell #Brexit, and August was supposed to be bearish? Good times! — 3:30 Ramp Capital™♿️ (@RampCapitalLLC) August 12, 2016 Let me guess: You need my services in 30 minutes. So predictable. Moochers. — 3:30
Top Tweets of the Week: 8/12/16 Read More »
It is hard not to trade too big when you really believe in a trade entry. It is even harder to take a big loss if it goes against you. It is hard to keep taking your entry signals during a losing streak. It is also hard to miss a signal and watch it go
10 Things Hard About Trading Read More »
If you’re too proud of your trade idea it may be a bad one. If you can’t trade with controlled emotion the position size is probably too big. If the trade is going to stress you out and mess up the quality of your life it is probably not a good trade. If you don’t know why your
My Take On Trading Read More »