2015 was a range bound market that lacked breadth. A few stocks like Facebook, Amazon, Netflix, Google, and Microsoft held up a weak internal stock market. 2016 went into a quick correction of over 10% from all-time highs. The energy sector and oil continues to go lower and lower. Small caps have fallen below […]
5 Signals That Will Prove the $SPY Could Reverse Read More »
You will definitely lose money in the stock market. The only questions are when and how much? The best strategies lead to small losses when they occur. A better question might be, “After I lose money, then what?” Then you will have learned lessons that better prepare you to make money in the future. Well, if
But What If I Lose Money? Read More »
There was a question asked on finance Twitter recently by a wealth advisor that went something like this: “Okay, so you got out of the stock market and into cash in your 401K, so when do you get back in?” Portfolio managers believe in the long term, with asset diversification and quarterly rebalancing of your stock holdings
When Do You Get Your 401K Back Into Stocks? Read More »
Last week, the market shifted from range bound to a short term downtrend as it broke through the October gap up in price. We have shifted to a market environment where selling the rallies short is being rewarded with profits, and buying dips and price weakness is being punished with losses. $SPY is trading
The Downtrend Cometh: $SPY Chart Read More »
Best Practices in Trading: Finding and Focusing on Your Trading Edge 20 Mind-Boggling Facts About High Frequency Trading (Infographic) Key Market Breadth Indicator Hits New Lows: An Ominous Sign? Podcasting worlds collide! Barry Ritholtz talks with Michael Covel on Masters in Business. The Greatest Money Manager Alive Attributes The Majority His Success To Just This
Top Trading Articles 1/9/16 Read More »
This is likely incomplete, but it has paid to be a buyer when CNBC pulls out its Markets In Turmoil. pic.twitter.com/s5gUo7VS9O — Jason Goepfert (@sentimentrader) January 8, 2016 Panic after a historically bad start to yr? Maybe not. 5 worst starts to a year up median +25% rest of yr. $DIA pic.twitter.com/CEhfYhJB1T — Ryan Detrick,
Top Trading Tweets of the Week 1/8/16 Read More »
I base my position sizing in my trades on the fact that I never want to lose more than 1% on any one trade. If I am trading with a $100,000 account, I don’t want to lose more than $1,000 in a losing trade. A stop loss level has to start at the price level
A Traders Quick Guide to Position Sizing Read More »
Quantified trading signals can be based on different types of strategies. Some buy high in the hopes of selling higher, while others try to create a great risk/reward ratio by buying low hoping to sell on rebounds or reversals in price action. Here are four different types of trading signals. Momentum signals are based on
4 Types of Trading Signals Read More »
Currently the stock market is still in a trading range. Stocks as an asset class are not under accumulation or distribution, they are being traded. $QQQ is the strongest index ETF as it is still holding above the 200 day SMA. $DIA $SPY and $IWM are all trading under their 200 day SMA as long
10 Fast Facts About the 2016 Stock Market Read More »
Guest post by Michelle Custodio Top 5 Considerations to Find the Best Trading System for You Start the new year off the right way by finding the best trading system for your own particular needs. Taking the time to pinpoint this sometimes-elusive arrangement can reduce the amount of time you spend bumbling through your trades.
Finding the Best Trading System for You Read More »
The $SPY chart remains in a neutral limbo. $SPY closed slightly under the 200 day SMA which is a signal of a lack of momentum, and shows the high potential for more downside before a bounce in price. RSI at 47.72 shows a lack of momentum and that there is still room for more downside.
10 $SPY Chart Facts 1/3/16 Read More »
Some of my favorite articles from last week. These are great for weekend reading. Peter Lynch, 25 years later: it’s not just ‘invest in what you know’ How to use supply and demand trading zones to identify high probability setups Exposing the VXX: Understanding Volatility Contango and Time Decay Becoming Your Life’s Author 39% Of
Top Trading Articles: Week 1/2/16 Read More »
Twitter has made me more disciplined as a trader. If the set up isn’t worth tweeting,it’s not worth taking. Took my patience to a new level. — Assad Tannous (@AsennaWealth) December 31, 2015 Most traders blow up, save a new stake, come back & trade the exact same way that blew them up in the
Top Tweets of the Week: 1/1/16 Read More »
“Don’t be a hero. Don’t have an ego. Always question yourself and your ability. Don’t ever feel that you are very good. The second you do, you are dead. My biggest hits have always come after I have had a great period and I started to think that I knew something.” – Paul Tudor Jones
My 10 Trading New Year Resolutions Read More »
How to perform a multiple time frame analysis Diversified Investors Faced Historically Tough Year In 2015 Respect to the Trader, the Epitome of the Entrepreneur The Case for Market-Timing How (and Why) to Develop Your Mental Toughness
Top Trading Articles: 12/30/15 Read More »
Guest Post by Holly Burns When Steve and I met in 2014, we quickly realized that we had a shared fascination with what made successful people tick. Admittedly, it has become something of an obsession for us, but since it’s mutual, it’s okay. This is something that Steve has preached to new
Looking Forward to 2016 Read More »
Here are the ten top trading films, movies, and documentaries made based on popularity and entertainment value. “The Trader” Documentary: This documentary gives a rare look inside the world of one of the greatest money managers of our time. Michael Covel’s Trend Following Film, Broke: Covel does a great job showing how the economic system
The 10 Top Trading Films Ever Made Read More »
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 »