My 3 Favorite Charting Websites
Here are the 3 websites that I think have the clearest and best charts on the web. StockCharts.com FreeStockCharts.com Investors.com
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My Most Liked Blog Posts of 2014
Breakouts: When To Buy 150 likes 10 Signs of a Reversal 118 likes Best Books in the World on Trading 107 likes 10 Bad Habits of Unprofitable Traders 78 likes Jesse Livermore’s 21 Trading Rules 70 likes Interviewing Mark Minervini & David Ryan 68 likes How to Trade Like A Lion 64 likes So You
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$SPY Chart Facts: Stuck in the Middle Again
The stock market continues to be range bound in 2015. Buying weakness and selling strength is the profitable methodology this year, with limited success in momentum and short-lived stock trends. $SPY is stuck in the middle of the five month trading range of $205 support and $213 resistance. The 50.03 RSI is neutral but it
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Best Trading Articles Week 8/15/15
Are Market Breadth Issues A Caution Sign For Stocks? The 3 types of stop loss strategies and how to combine them in a meaningful way Theme 2: The death cross Mental Model: Misconceptions of Chance How two of history’s greatest investors deal with losses
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Top Trading Tweets of Week 8/14/15
$/ESU5 The Chop is real don’t get to comfy pic.twitter.com/5pVeiXRkhB — DK1 (@canuck2usa) August 11, 2015 Greek election cycle: vote for anti-bailout party. Accept bailout. Go to new elections and vote for the anti-bailout party. Accept bailout — GreekFire23 (@GreekFire23) August 14, 2015 North Korea now has its own time zone. It’s called 1948. —
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The 12 Requirements for Profitable Trading
The right mindset Your have to be able to manage your emotions. You have to have faith in your ability to trade your plan with discipline. You have to do enough homework that you will have faith in your system and your prospects of being profitable. You must manage your stress so you don’t make
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Calm Trader, Rich Trader
Traders that are emotionally calm and cool that approach trading as a business, have greater odds of profitability than the thrill seekers and gamblers that come to the market. One third of trading is based on logic, and two thirds is based on emotions. Here are 10 things that a trader has to overcome to
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The Stock Market Special Sauce
If you have ever had a Big Mac (and is there anyone who hasn’t had a Big Mac?), you know that what sets it apart from other fast food hamburgers is something called Special Sauce. Surrounded by controversy, people have been trying to figure out exactly what was in this magical sauce for decades. As
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10 of the Worlds Most Powerful Trading Rules
1. A winning trading system must either be designed to have a large winning percentage of trades or big wins and small losses. 2. Your trading system must be built on quantifiable facts not opinions. 3. Start with the weekly price chart to establish the long term trend, and then work down through the daily
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10 Facts about the Messy $SPY Chart 8/9/15
We are stuck in the middle of the 2015 price range. Swing trading is still the winning methodology in this market environment. $SPY price is extended far from the 5 day EMA, and the odds are that we rally to this level next week. MACD had a bearish crossover. The RSI is showing weakness as
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5 Educational Trading Articles 8/8/15
Important Trading Statistics To Follow Getting Past the Frustration of Trading Choppy Markets Crude Oil’s “Slip and slide (along the bands)” An introduction to mean reversion trading and the 4 biggest challenges Easier said that done
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Top Trading Tweets of the Week 8/7/15
1/3 After last night’s debate I decided to accept @realDonaldTrump offer for Secretary of Treasury. — Carl Icahn (@Carl_C_Icahn) August 7, 2015 Following this rule would save all shorts on $AQXP: rules that help me: 1) by 11am if down GET OUT, CUT Losses. No prayers after 11am — Modern_Rock(@modern_rock) August 7, 2015 Lower– left to the
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10 All Time Best Tweets by @ReformedBroker
The great-great-great grandchildren of Dickens take a selfie with him on his 202nd birthday http://t.co/AkBfAFMtmp pic.twitter.com/3Cl4g03gPd — Downtown Josh Brown (@ReformedBroker) February 9, 2014 7 Deadly Social Media Sins: Wrath = Yelp Greed = LinkedIn Sloth = Uber Pride = Twitter Lust = Tinder Envy = Facebook Gluttony = Instagram — Downtown Josh Brown (@ReformedBroker)
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10 Ways to Stay Safe in Dangerous Markets
When your specific trading methodology quits working due to a change in the market environment, you are in a losing streak, or a drawdown in trading capital. There are things you can do to lessen the emotional and financial pain. In losing streaks, trade smaller and smaller until you start winning again. Trade less; only
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5 Great Trading Articles 8/3/15
Forget Candlestick Patterns – This is All You Need to Know Why We Fail To Trade Our Plans After We’ve Planned Our Trades Weekly Market Summary via @ukarlewitz Market Masters: Identifying Strong Bases For Explosive Trades Trading, Trend Following, Boredom
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10 Facts About the $SPY Chart 8/2/15
The $SPY continues to be range bound in 2015. Stocks as an asset class are being traded and not accumulated outside of a few individual stocks like $GOOGL, $FB, and $AMZN. The MACD currently has a weak, bullish crossover. The 5 day EMA held as support which shows momentum. The 52 RSI shows slight
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Stock Market Success: It Takes a Village
Last week, I wrote about the mental aspects of stock market success, and outlined the four areas that I thought were most critical: Positive Outlook Foundational Relationships Stress Management Emotional Control I discussed the power of positive thinking, and how it can attract good things and good people into your life. This week, we’ll look
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Tweets of the Week 7/31/15
A sideways market and summer trading. This GIF sums it all up for some reason -> http://t.co/uJTAULwnjN $SPY $SPX pic.twitter.com/W0nxYfsgtB — StockTwits (@StockTwits) July 30, 2015 $SPY $USO #Insidemonthanddown #Bearishengulfingweek pic.twitter.com/m8k7xsgBu5 — Rob Smith (@RobInTheBlack) July 27, 2015 I'm not sure I can function in a society where Uber is valued at $51 Billion — StockCats
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Trend Following Trading: Guest Post
This is a guest post posted here with the permission of Olajide Taiwo Fsgcm Aicpm of Lakazy Capital THE TREND FOLLOWING PROFITS COUNT Think of it this way: Performance data examples from the great trend followers could be the foundation of every college finance class. When you show up on the first day, instead of
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The $2.25 Million Darvas Trading Principles
In 1959, Nicolas Darvas beat Wall Street when he traded his way from $30,000 to $2.25 million in 18 months. He did this while traveling around the world on a dance tour, while using telegrams for end of day prices, and a weekly Barron’s Magazine. How is this possible? His ten powerful principles: He traded the long side
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