$SPY continues to stay in a strong uptrend but is starting to consolidate gains. $SPY traded in a $224 support and $227 resistance trading range last week. Price has become very extended from the 50 day and 200 day SMA and even the 10 day EMA. A small pullback is likely next week to the 10 […]
10 $SPY Chart Fast Facts: 12/18/16 Read More »
Karen “The Supertrader” Goes Rogue iShares Italy ETF (EWI): A Risk Reversal Options Trading Setup All Indexes Are Not Created Equal Personal finances are more important than portfolio management. Shhhh! Blazing Your Own Trading Trail
Top Trading Articles: Week 12/17/16 Read More »
Times in the past 35 years that the 30-Yr Treasury Bond has been more oversold than today (using 14-week RSI)…19841987199420062013 pic.twitter.com/Sp6K64sBGV — Charlie Bilello, CMT (@charliebilello) December 16, 2016 Ratio of S&P 500 to Gold at an 11-year high. $SPY outperforming $GLD since its inception (Nov '04) for the first time since 2005. pic.twitter.com/GVSfm0Z305 —
Top Trading Tweets: Week 12/16/16 Read More »
This is a Guest Post by Dante Vincent you can find him on Twitter @DGTrading101. His website is dgtrading101.blogspot.com. Routine & Extraneous Influence – How Important are they to your Trading? Routine. This is one of the most important tools in your trading arsenal and you don’t even know it. What you do day in and day
Lazy Trader, Broke Trader Read More »
Two things that many new traders and even experienced traders waste their time on is regret and hindsight. They look at charts and see the past so clearly on them, they should have bought here, they should have sold there. Why didn’t they? The charts look so obvious in hindsight. We really should not waste
Hindsight is a Parasite Read More »
This is not a prediction it is just a list of things to look for as possible signs before a market rolls over. Alone these are just possibilities but the probabilities increase as more of the signs are in place. These signs do not mean that the market could crash just that it can pullback to
10 Signs of a Near Term Market Top Read More »
This is a Guest Post by Alex @MacroOps which was originally posted here: Lessons From A Trading Great: Stanley Druckenmiller The “greatest money making machine in history”, a man with “Jim Roger’s analytical ability, George Soros’ trading ability, and the stomach of a riverboat gambler” is how fund manager Scott Bessent describes Stanley Druckenmiller. That’s
Trading Lessons from Stanley Druckenmiller Read More »
The first support for $SPY on any small pullback would be the 10 day EMA. $SPY is over two ATRs from the 10 day EMA and a pullback there would be a normal pullback inside a parabolic uptrend. We should see this next week. Over the next few weeks the next key level for support
$SPY Chart Support Levels: 12/11/2016 Read More »
25 Places To Find Quantitative Trading Strategies https://t.co/n9Tda0iUIi via @marwoodjoe — JBMarwood (@MarwoodJB) November 29, 2016 The only way to correct our own behavior is to create systems. Willpower alone won’t do it. https://t.co/uqHsh0skdf via @awealthofcs — Downtown Josh Brown (@ReformedBroker) December 9, 2016 8 metrics every trader must know about his trading system to
Top Trading Articles of Week 12/10/16 Read More »
The President of the United States communicates with the world – universally, directly and nearly exclusively – on $TWTR. Please make money. — Downtown Josh Brown (@ReformedBroker) December 7, 2016 Macro trading is like hockey – all the great ones are foreigners and whenever someone scores it’s like 80% luck. — Downtown Josh Brown (@ReformedBroker)
Top Trading Tweets of Week: 12/9/16 Read More »
Here are ten steps to growing your personal wealth through good financial habits. Be long stocks during bull markets. Exit stocks and go to cash during bear markets. Buy your home in an area that is growing in population, business, and opportunities. Create cash flowing assets. Buy bonds only when interest rates are high +6%.
10 Simple Wealth Building Habits Read More »
Analyze yourself: How much risk can you handle? What goals for returns do you have? What timeframe can you trade most comfortable with the lifestyle you want and your current circumstances? Choose your Method: Will you be a day trader, trend follower, swing trader, value investor, growth investor, scalper, or option trader? What school of
The Anatomy of Trading Success Read More »
$SPY is in a long term uptrend. Pushing against all time highs is the most bullish signal. $SPY has been range bound for the past seven trading days. The 10 day ema has acted as end of day support for the past 19 trading days. The 10 day ema is the first line of support. The $218.50
$SPY Chart Analysis 12/4/16 Read More »
The Permanent Portfolio How to be a Profitable Trend Follower, Trading Less Than an Hour a Day, Without Quitting Your Full Time Job Animal Spirits Can’t Be Modeled 10 pro tips to manage your emotional capital and trade better
Top Trading Articles: Week 12/3/16 Read More »
Total disaster US economy enters its 90th straight month of expansion. — Downtown Josh Brown (@ReformedBroker) December 2, 2016 I’m hearing disturbing rumors that people who told you to load up on bonds and gold pre-election are deleting their posts. — Downtown Josh Brown (@ReformedBroker) November 30, 2016 Unemployment is at its lowest level since
Trading Tweets of the Week: 12/2/16 Read More »
Declutter definition: “To remove unnecessary items from (an untidy or overcrowded place).” There is only one reason to trade: to make money. You only need to incorporate things into your trading that makes you money. If you do not have a good filter on what matters and what does not matter trading can become a
Declutter Your Trading Read More »
Most the investing establishment considers buy and hold investing the Holy Grail that always works out in the long term. For long term buy and hold investing your entry time frame matters, whether you got in at good prices and if you have time after bear markets to get back to even. NASDAQ buy and holders waited
2 Moving Averages that Beat Buy and Hold Read More »
In trading focus is crucial. You have to know who you are as a trader and exactly what your method and trading plan is, and you must follow it. In trading discipline makes money, focus makes money, stocks in up trends make money, while risk management allows you to keep the money that you have made. You
Picky Trader, Good Trader Read More »
This is a Guest Post by Alex @MacroOps which was originally posted HERE. It probably didn’t take long after becoming a trader to stumble upon options. Brokerages and websites all over the internet are constantly pitching these complex financial derivatives, claiming things like “defined risk” and “100% returns a month”. But these advertisements only end
Buying Stocks With Cheap Optionality Read More »