For those of you that aren’t familiar with StockTwits.com, it’s a social media network for traders and investors that’s powered by $CashTag streams where people can post information about their favorite companies based on their stocks ticker symbols (Example $AAPL). (Twitter later adopted the $Cashtag alongside its own #Hashtags). You will find charts, technical and fundamental analysis, trading and […]
My Favorite 10 Follows on StockTwits Read More »
Technical indicators are not magical and they are not a Holy Grail. Market price action changes from trends to price ranges, and from low volatility to high volatility. They are good for building systems so you can measure your risk on each trade, and use them as trading tools to quantify your entries and exits. They are
Technical Trading Tools 101 Read More »
Chart Courtesy of StockCharts.com $SPY is over all key moving averages indicating an uptrend. MACD is under a fresh bullish cross. Slow Stochastic is under a bullish cross. The ATR is declining which is bullish. 62.45 RSI shows strong momentum and gives price room to move higher. Last week was on low volume which is
Bulls Win: SPY Chart 5/29/16 Read More »
BreakingOutBad SoundCloud | “Eliminate Non Traders From Your Trading Circle” | Length: 15 minutes https://t.co/3snDIaUAyW — Walter White (@BreakingOutBad) May 27, 2016 Meeting the Challenge of Secondary Frustration What Is Under Your ETF’s Hood? The 14 best lessons from “What I learned losing a million dollars” Liquidity and Frozen Ice Theory
Top Trading Articles: Week 5/28/16 Read More »
$SPX from a trader friend : Headline news : Trend lines need to be redrawn soon $SPX pic.twitter.com/mRNnwMySM6 — DK1 (@canuck2usa) May 25, 2016 So you entered a trade based on a Weekly signal and now you are staring at a 1min chart? — DK1 (@canuck2usa) May 25, 2016 Over the last 3 years, the
Top Trading Tweets of the Week 5/27/16 Read More »
Picture Courtesy of Seabamirum One of the biggest mistakes new traders make is to focus on the rare ‘Black Swan’ event happening instead of simply trading a methodical system. Too many traders continually bet on a big crash happening by buying put options or selling futures short in the middle of a bull market than simply going
Black Swans, White Swans Read More »
This is a guest post by Jack Schwager author of the “Market Wizard” series of books. On Revisiting The New Market Wizards A Quarter Century Later Recently, I had the opportunity to manage the process of creating an audio version of The New Market Wizards—a task that was previously handled by publishers for the audio
Revisiting The New Market Wizards A Quarter Century Later Read More »
Still lots of mixed signals in $SPY price action going into next week. We appear to sill be range bound and looking for a breakout of this tight trading range. We are in the neutral zone of price action. The bad news: $SPY price is still under all key moving averages: 10 day EMA and
The Good News and the Bad News: $SPY Chart Read More »
3 Reasons Why Choppy Markets Are Troublesome For Traders The Hidden Danger of Being Risk-Averse Leaving Your Comfort Zone and Entering the Performance Zone Make Your Trading Fit Your Personality Or Go Broke The S&P 500 Is The World’s Best Momentum Trade
Top Trading Articles: Week 5/21/16 Read More »
How come men can't join Curves? ►►► @HillaryClinton ►►► @realDonaldTrump►►► @BernieSanders — Mr. Breakout (@sharptraders) May 19, 2016 Using fundamentals to trade is like, calculating the average rainfall over a decade, to decide whether you need to bring an umbrella out now — Rayner Teo (@Rayner_Teo) May 17, 2016 TA is a tool, only as
Top Trading Tweets of the Week: 5/20/16 Read More »
“If markets were rational, I’d be a waiter” – Warren Buffett If the markets were efficient Warren Buffett would be a waiter and not the richest man in the world and Paul Tudor Jones wouldn’t be a billionaire. The traders and the investors that beat the market in the long term had an edge. Warren Buffet bought the best companies
We Can Beat the Market Read More »
Quite a wild ride in 2016 with $SPY having one of the fastest drops ever at the beginning of a year, followed by one of the fastest rallies, now we are back in a trading range since the April break out to new highs failed. This is not a buy momentum kind of market as
Started From the Bottom Now We’re Here Read More »
Volatility Analogy Your True Risk The #1 risk management advice for novice traders? 17 trading professionals answer 6 Lessons from The Greatest Stock Market Crash of All-Time The 4 Stages of the Market Every Serious Trader Must Know
Top Trading Blog Posts Week 5/14/16 Read More »
Everything you need to use to make money can be lifted from TA for dummies.The rest is psychology.People will argue it. They are wrong. — Tom Dante (@Trader_Dante) May 13, 2016 Most traders are wired to hold losers until they get their money back and cut winners in fear of losing small profits. Play the
Top Trading Tweets of the Week: 5/13/16 Read More »
Here is a great guest post from Rayner Teo: Here’s the truth: Price action trading is not just trading pinbars or engulfing patterns. Rather, it’s reading the sentiment of the markets, identifying areas of value, and trading along the path of least resistance. And yes, price action trading can be complemented with indicators. It’s about
10 Price Action Trading Tips You Can Learn in 10 Minutes Read More »
This is a guest post from Dante Vincent I was having a discussion with one of my guys the other day…he saw some others in the room making some really nice trades, and he said to me “Dante, what are they doing that I’m not doing?” Putting in the time outside of market hours…in addition
A Simple Guide to “Finding your Niche” Read More »
The $SPY price is still in the same price range as it was in late 2014. $SPY is still within striking distance of all time highs. The 50 day SMA held as support on Friday bouncing late in the day. $203 is the short term support level. MACD is still under a bearish cross. Slow
10 Fast $SPY Chart Facts 5/8/16 Read More »
Sat, May 7 – 3 USD trades and how I found my entries The Mind of a Day Trader Emotions vs. Sentiments Jack Schwager shares the key lessons learned from many of the worlds greatest traders Why The Path Is As Important As The Move
My Favorite 5 Trading Articles: 5/7/16 Read More »
The desire for constant action irrespective of underlying market conditions is reponsible for many losses. -Livermore. — Assad Tannous (@AsennaWealth) May 2, 2016 Always cringe when other traders say a trade is "too risky". Risk is whatever you want it to be. — Assad Tannous (@AsennaWealth) May 5, 2016 Any hack can hold blindly in
Top Trading Tweets: Week 5/7/16 Read More »
