Here is an great video put together by Trend Following Author Michael Covel covering the winning principles used by the world’s greatest traders. These are not theories or opinions these are the common principles used by these rich traders. This is the kind of video where the viewer may get that aha! moment and then truly […]
25 Trend Trading Commandments Read More »
This market index changed from accumulation to just being traded back and forth since December 9th. The trading range since December 9th has been support at $222.73 while resistance has been near all time highs at $227.75. The long term uptrend is still up as it tried to break out to the upside again Friday.
The $SPY Chart Trading Range: 1/8/17 Read More »
Lessons from a Legendary Short Seller If You’re So Smart, Why Aren’t You Rich? Investment, Economics, and Finance Calculators & Visualizations Links
My Favorite Trading Articles: Week 1/7/17 Read More »
Yep. The Dow hit 19,999.63 and then… https://t.co/CmLDvtyNua$DJIA $DIA pic.twitter.com/i9s5ZkO2C2 — StockTwits (@StockTwits) January 6, 2017 Netflix is up 10,793% SINCE its 2002 IPO ? It just closed at $131.81/share. That's an all-time closing high: https://t.co/8mWv3qPTcj$NFLX pic.twitter.com/VmzoSbd7y4 — StockTwits (@StockTwits) January 5, 2017 if we don't hit Dow 20k today after all that hype,
Top Trading Tweets of the Week: 1/6/17 Read More »
Here are the top personal finance rules that could change your long term success and allow you to end up with a high net worth instead of being deeply in debt, living paycheck to paycheck, and always feeling financial pressure. These are more behavioral than mathematical in most cases. Self control, patience, and consistency are your top tools
The Most Powerful Personal Finance Rules Read More »
How you manage your trade will significantly impact your success as a trader and your profitability. Trades are not as simple as getting a hot tip and then buying. The entry, the exit, the discipline, and the risk management have to all converge for success in trading. Mismanaging a step in your trading process will
Trade Management 101 Read More »
Here are the required reading recommendations by Larry @LMT978 that can create the foundation of your trading library. Larry lead in my online poll as the most helpful trader on twitter up until the last few hours. He has studied trend following for many years and I actually knew him from Facebook before twitter and he has
10 Trading Books that are Required Reading Read More »
10 Price Action Trading Tips You Can Learn in 10 Minutes 418 Likes The 5th Annual Most Helpful Trader on Twitter Poll – 2016 302 Likes How to be a Profitable Trader in 180 Days 228 Likes The 7 Most Important Money Decisions of Your Life 104 Likes The 5 Holy Grails of Trading 70
My Top Blog Posts of 2016 Read More »
Long term the $SPY chart is still in an uptrend. $SPY remains within striking distance of all time highs in price. But needs price consolidation and a pullback before it can really go higher. The odds of success favor buying pullbacks. In the short term $SPY is on the wrong side of the 10 day
Three $SPY Dip Buy Levels 1/2/17 Read More »
With more than 5,000 votes cast in our annual poll, the results are in! Congratulations to this year’s winner of the Most Helpful Trader on Twitter poll- @Alsabogal! And what a photo-finish, edging out @LMT978 by just two votes! And rounding out the top three was @ACInvestorBlog. Below you can see a list of the
The Most Helpful Traders on Twitter 2016- Poll Results Read More »
6 of the 17 highest volume stocks that crossed over and closed over the 200d today were Gold Miners. — LMT978 (@LMT978) December 30, 2016 I have absolutely no views or predictions about stocks, bonds, gold, any of it. I don't make market calls. I just trade lines on a screen. — LMT978 (@LMT978) December
Top Trading Tweets: Week 12/30/16 Read More »
3 Lessons I Got From A Proprietary Trading Firm Founder & Trader This is a guest post from Etienne Crete @DesireToTrade. For years, I have been passionate about trading. It is a discipline that is generally unknown by a lot of people and seen as mysterious by many. Nevertheless, I gave it a try three years
Lessons From A Proprietary Trading Firm Read More »
This is a Guest Post by Alex @MacroOps which was originally posted HERE. From Jack Schwager’s Market Wizards: October 1987 was a devastating month for most investors as the world stock markets witnessed a collapse that rivaled 1929. That same month, the Tudor Futures Fund, managed by Paul Tudor Jones, registered an incredible 62 percent
Trading Advice from Paul Tudor Jones Read More »
“Winners do quit all the time, they just quit the right stuff at the right time.” – Seth Godin Quitting is not always the wrong thing to do. There is a time when you have to decide what you want and go get it, there are times to stop if you hit a dead end
10 Things for Traders to Quit Read More »
It’s that time of year again! Time to choose the most helpful trader on Twitter Finance for 2016. Who gave you the most encouragement, saved you some money, or inspired you to be a better trader? Choose from the list, or write in the Twitter handle of your favorite trader. Poll closes December 31st.
The 5th Annual Most Helpful Trader on Twitter Poll – 2016 Read More »
This is a fun festive Christmas Guest post from Andrew Derbyshire: On The Twelve Days Of Christmas My Central Banker sent to me: Twelve Non Farm Payrolls Eleven Market Gurus Ten All Time Highs Nine Rounds Of Printing Eight Analyst Upgrades Seven Faulty Samsung Phones Six Twitter
Twelve Days Of Central Bankers Christmas Read More »
10 Things That Don’t Work Trading Stocks Are You Tracking 2016’s Most Influential FinTweeters? How to find an edge in the markets (a proven approach) Respect to the Trader, the Epitome of the Entrepreneur
Top Trading Articles: Week 12/24/16 Read More »
The #SPX has traded in an intra-day range of less than 0.35% three straight days. Going back 45 years, this has never happened before. — Ryan Detrick, CMT (@RyanDetrick) December 23, 2016 This #bull market is 3 yrs old. It might sound old, till you look at history. https://t.co/1lGqNF2gcy pic.twitter.com/quRvPnVyX4 — Ryan Detrick, CMT (@RyanDetrick)
Top Trading Tweets: Week 12/23/2016 Read More »
In over 25 years of learning what works and what doesn’t in the stock market I believe there are many paradoxes. Most of trading is counter intuitive and new traders usually enter the market looking for predictions, sure things, hot tips, and to know what to buy. In reality it is following price action as
10 Trading Paradoxes Read More »
The $UVXY ETF started trading in October of 2011 and it seeks a return that is 2 times the return of the VIX on a daily basis. Due to the compounding of daily returns, the $UVXY’s returns over periods other than one day will be very different than just holding double the $VIX due to
The Real Big Short Read More »