2015 is a range-bound year for equities, with $SPY returns sitting at 3.18%. In range-bound markets, horizontal trend lines that define support and resistance are more desirable than vertical, slanting trend lines. Moving averages are for identifying support and resistance, not trends in this type of environment. Stocks as an asset class are not being […]
10 Facts about the $SPY Chart 6/14/15 Read More »
These 4 Questions Will Keep You From Making Trading Mistakes Trade Setups: Understanding the Backtest Could Stocks Surprise Significantly In Next 15 Years? What trading over the course of five different decades has taught me about drawdowns Goldman: Why ETF Assets Will Double to $6 Trillion by 2020
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*whispers* you guys, there’s only a substitute ceo, you can do whatever you want on here today — Downtown Josh Brown (@ReformedBroker) June 12, 2015 Futures Symbols FYI http://t.co/X5xFdhOEus — DK1 (@canuck2usa) June 12, 2015 But don't let these new highs get in the way of your narrative. It's only price. — Jon Boorman (@JBoorman) June
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In a sea of trading blogs, there are some that truly stand out. Here are the ten that I frequent, for their honesty, content, quality, and usefulness in my pursuit of trading excellence. I share them with you in the hopes that they will aid you in your trading journey. Tradeciety.com One of the
My 10 Favorite Trading Blogs Read More »
Every Spring, it rains in Nashville. A lot. This Spring is no different, with torrential rains flooding our neighborhood. It’s annoying when it happens, and sometimes, even dangerous. But ultimately, it brings us necessary rain, and almost always gives us something very special: a rainbow. A rainbow is a sign of new beginnings, and
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Here are two interviews I did with Trend Following expert and author Michael Covel a few years ago. Interview #3 has been completed and will be released soon. I received a lot of positive feedback from these and I hope you find them helpful in your trading journey. https://www.youtube.com/watch?v=uW34HL0Nl1c https://www.youtube.com/watch?v=r-3hhcupitI
My Two Michael Covel Interviews: Read More »
$SPY is currently range-bound between $208 and all-time highs. The RSI is showing short term distribution at 44.61. The MACD is still indicating distribution after the bearish crossover and downward trend. The high probability buy point is at the alignment of the $208 price/
10 Facts About the $SPY Chart: 6/7/15 Read More »
Debunking the Myths Around Systematic Investment Stock Market Breadth Indicators Still Showing Weakness Margin Debt: What Does History Say About New Highs And Stock Returns? Trading Risk: Handling Probabilities & How To Control Risk Better – Part 1 The Reformed Broker on rates, jobs, stocks and the economy
5 Great Trading Articles 6/6/15 Read More »
Remember when it was blasphemy to accuse the Fed of pushing stocks higher — zerohedge (@zerohedge) June 3, 2015 Gartman bullish again https://t.co/yKlFpcoqDe — zerohedge (@zerohedge) June 4, 2015 Patience is the Key…wait for the trade to come to you…Nothing worse than trading just to trade > @SJosephBurns @kingfiggz — Mr. Breakout (@sharptraders) May 30,
My Favorite Tweets of the Week: 6/5/2015 Read More »
Trading Strategy 102: From Good to Great Trader:… by Steve Ryan Day Trading: Beginner’s Guide to Building Riches Through the Stock Market Day Trading: A Guide To Understanding Forex/Currency Trading & Binary Options The Forex Trader′s Handbook: Proven forex trading basics, tips & tricks to create positive & long-lasting results for beginners, advanced traders
5 Free Amazon Kindle Trading Books Read More »
This is a GUEST POST by Bob Loukas. Follow him on Twitter here. I’ve been of two minds recently regarding the current Cycle picture in equities. So this week, I focused more attention on finding secondary evidence to support a more definitive position on direction. As I suspected it might, my research provided an almost
You Don’t Know Where the Market is Heading! Read More »
This is a GUEST POST from Rolf @Tradeciety. The exciting start Do you remember how you got started in trading? Everything seemed possible, and you were ecstatic about the possibilities that trading offered, but what happened afterwards? This article will help you understand the different phases almost all traders will go through, why they are
The Life Cycle of the Typical Trader Read More »
Dean is one of the best traders I have watched in action in real time. I knew Dean before he was on twitter: Everyone has losing trades/gets stopped for loss its all about how you let your winners run on the trades that work. That's harder IMO — DK1 (@canuck2usa) June 2, 2015 My
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$SPY ran into resistance Friday, May 22nd and reversed. $SPY spent all last week under, or being rejected at the key secondary resistance level of $212.70. Near term support is at $210.75, but it’s soft and has been penetrated easily. The next level of support is the 50 day SMA. The RSI at 49.91 shows
10 Facts about the $SPY Chart: 5/31/15 Read More »
Busting 5 Price Action Trading Myths Stock Market Bulls At Critical Juncture; Watch VIX Volatility Index Why should traders/investors STUDY “peak performers” in other fields? (video) Apple (AAPL) Doesn’t Fall Far From The NASDAQ Tree Drawdown Diagnosis: Understanding Why You Are Losing Money #AdviceForYoungTraders has gone viral on Twitter
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People arrested as part of the DOJ's crackdown on "criminal" US banks: 0 People arrested as part of the DOJ's crackdown on FIFA: 14 — zerohedge (@zerohedge) May 28, 2015 Become an algorithm. #adviceforyoungtraders — Downtown Josh Brown (@ReformedBroker) May 29, 2015 Six things happy people (and traders) never do, via @chessNwine http://t.co/sm4rADbDLj pic.twitter.com/cKhF3sdfJs — Downtown
My Favorite Tweets of the Week: 5/29/15 Read More »
Market Wizard Linda Raschke’s 12 Technical Trading Rules Buy the first pullback after a new high. Sell the first rally after a new low. Afternoon strength or weakness should have follow through the next day. The best trading reversals occur in the morning, not the afternoon. The larger the market gaps, the greater the odds
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Here are five trading books currently free on Amazon Kindle: Everything You Need to Know About Trading: Tools, Strategies, Automation and More Stock Investing Successfully for Beginners How To Invest: Simple Strategies To Grow Your Stocks, ETF’s, and Futures Stock Trading: Tips for Trading Stocks – From Stock Trading For Beginners To Stock Trading
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As a Pro student of New Trader 101, and dedicated weekly participant in the live forums that I host, Fred has picked up some tips and tricks that led him to this (if I do say so myself) great trade. 1. On May 7th, $BABA broke
How I Got the Best from $BABA (Guest Post) Read More »