The $SPY over the 200 day SMA puts us on the bullish side of the chart, but it hasn’t held all year as support. Last week’s up days were much lower volume than the previous week’s down days. We are entering a seasonally bullish time of year. “Technically, the Santa Claus rally time period […]
The $SPY Chart in the Neutral Zone Read More »
I went to see the movie the ‘The Big Short” on Christmas Day many years ago and it has become my new favorite trading movie since then. The movie is funny and entertaining, while telling a good story. It details three hedge funds that made the right trade at the right time to capture huge
15 Lessons from the Movie The Big Short Read More »
Success is a manner of deciding what is most important to you, and then making the right choices to getting to where you want to be. Success has a price, and we have to pay that price upfront before we see the result of our efforts. Don’t let where you start in life define where
10 Keys to Success in Life Read More »
I miss you son @realDonaldTrump — Satan (@s8n) August 18, 2015 technically, the Santa Claus rally time period starts today, as defined by Yale Hirsch – ends Jan 5 — @RevShark @DougKass — Bob Lang (@aztecs99) December 24, 2015 Things traders say around Christmas time: Kid: dad, I want an ipad and Xbox TraderDad: all
Top Trading Tweets: Week 12/24/15 Read More »
This post is republished with permission from Nikhil Dogra from his site: Mourinho’s simple seven-point plan for winning big games (Applied to trading) Mourinho laid out a simple seven-point plan for winning big games (which can be applied in trading) Football’s 7 point plan can be
Football/Soccer 7 Point Plan that can be Applied to Trading Read More »
I need to make money on the long and short side so I have both long and short entries. My goal is to be profitable in both bull and bear markets. Options that I trade need to be highly liquid. I do not want to lose money in the bid/ask spread when trading options. I
Things I like in a Trading System Read More »
Tom got the title of ‘Mr Serenity’ in Jack Schwager’s book ‘The New Market Wizards’. Tom went from trading his own money, to forming TrendStat and managing other peoples money. At the peak of his career, TrendStat managed $600million dollars of capital. Tom is one of my favorite Market Wizards on the psychology of trading.
A Market Wizard on Trading with Zen Read More »
The stock market continues to be traded and not accumulated as we lack a trend in either direction as we close out 2015. Last week the market waited one day and then sold the FED interest hike news. This year continues to lack direction as no trend has emerged off the 200 day SMA. Volume
$SPY Chart Facts: Around and Around We Go Read More »
Antifragile Planning: Optimizing for Optionality What I Learned From Trading The Markets In 2015 4 pro tips to becoming an instant elite performer Feeling Powerful? Take It to the Bank Bill Gross: High-yield pain is the start of something
My Favorite Blog Articles: Week 12/19/15 Read More »
Let's take a quick look at the stock market's bounce attempts today: pic.twitter.com/X8vk2ACNw9 — Chess (@chessNwine) December 11, 2015 SPOTTED: Post FOMC rate hike party pic.twitter.com/s376iHcdvA — Northy (@NorthmanTrader) December 18, 2015 Im not a full time trader, I'm a full time MOTHER and i take pride in my family and business and so should
Top Trading Tweets: Week 12/18/15 Read More »
A trading system with big wins and small losses is actually easier to be profitable with than a high winning percentage system. It allows the trader to capture a trend for big wins when the opportunity presents itself. Well positioned stop losses and the use of trailing stops can create an asymmetric trading
What I Look For in a Trading Methodology Read More »
A Guest Post by Andrew Derbyshire: The Twelve Days Of Central Banking Christmas On The Twelve Days of Christmas my Central Banker sent to me.. Twelve Yellen Speeches Eleven Rate Predictions Ten Faulty Volkswagen’s Nine Analyst Upgrades Eight Rounds Of Printing Seven Shorts On Oil Six Longs On Go Pro Fiiive Gold-en Crosses Four
The Twelve Days Of Central Banking Christmas Read More »
The 2015 winner for best trader on twitter is NorthmanTrader with 339 votes! Well done! Here are the results from the best trader on twitter poll I conducted this year. A lot of familiar names that received hundreds of votes and some new faces that have made a market on financial twitter over the past
Best 25 Traders to Follow on Twitter 2015 Read More »
In 2015 momentum buy signals have failed consistently. The indexes have stayed inside a tight range. The stock market hasn’t given up profits this year to buy and hold investors or trend followers. 2015 is a range-bound market not giving bulls or bears a trend that they could trade for more than a week. The
Down is Up and Up is Down: $SPY Chart Read More »
Technical_Charts_via_NorthmanTrader Assad’s Rules of Trading Nassim Taleb vs. Victor Niederhoffer Stock Trading 101: Learn to Manage Risk with Position Sizing The Definitive Guide to Trading Pullbacks and Breakouts
My Favorite Trading Articles Week: 12/12/15 Read More »
Oil still plunging. Look for a bottom around $0.02 Worth a punt long there with a tight stop — Tom Dante (@Trader_Dante) December 10, 2015 Know that sometimes you did nothing wrong, the trade was good, your mindset was good but you got a bad beat. End of. — Tom Dante (@Trader_Dante) December 6, 2015
Top Trading Tweets of the Week: 12/11/15 Read More »
This book is in the Market Wizard format as the author interviews successful and profitable traders at many stages of their journey. Most traders in the book trade six figure accounts and some are millionaires. Many of them trade penny stocks, but are sensitive to the volume and understand the dangers involved in that market,
Book Review: Momo Traders Read More »
This is a GUEST POST by Steve LeMoine @Turtle_Follower One of the biggest steps I took in becoming a more robust trader was learning how to deal with uncertainty. I wrote a post about something I call the Uncertainty Principle which I urge you to check out…after reading this post of course. In a nutshell
Take the Guesswork out of Trading with this Technique Read More »
