5 Great Trading Articles For Weekend Reading
50 bite size trading tips and tricks Why Most Investors Quit Reader Question: Advice for Newer Traders? Paula Scher on Process versus Outcome
5 Great Trading Articles For Weekend Reading Read More »
50 bite size trading tips and tricks Why Most Investors Quit Reader Question: Advice for Newer Traders? Paula Scher on Process versus Outcome
5 Great Trading Articles For Weekend Reading Read More »
CYNK market cap still $131 Million. Not bad for a company without employees that doesn't exist — zerohedge (@zerohedge) August 7, 2014 Hope you are in cash — Mr. Breakout (@sharptraders) August 8, 2014 Technical analysis to me is the study of price, if you don't believe in it is there some exchange you've found
Top Trading Tweets Of The Week 8/8/14 Read More »
While you can’t know where prices will go, what the next breaking news will be, or how much profit you will make iny our next winning trade, there are a few things you can know: You can know how big of a position you will take on your next entry. You have to know where
10 Things A Trader Can Know Read More »
I am currently long $TNA from Thursday, $UDOW from Friday, and $SPY from Thursday. At this point in the market the risk/reward favors the longs. I am using end of day stop losses to filter out the intra-day noise and the increase in volatility both ways. My position sizes are big enough that they
Key Support Levels For Tomorrow $SPY $QQQ $IWM $INDU Read More »
Never trade based on your own emotions. Trading based on your own greed or fear will put you on the wrong side of the market the majority of the time. To be a great trader you must stay humble. Big egos will
Ten Crucial New Trader Lessons Read More »
So far, so good….. Previous day support holds. Prices close above the previous days high. On the daily chart, the 30 RSI holds by end of day. A new trading range has developed over multiple days. The volatility expansion to the upside is greater than the volatility to the downside.
Some Clues For A Short Term Support Level Read More »
The $DIA, $QQQ, and $SPY are still in long term up trends so far. Only $IWM has broken the long term uptrend by closing below the 200 day. $IWM has been the weakest index and $QQQ has been the strongest. $SPY bounced near the 100 day and 30 RSI Friday. $DIA and $IWM did not
A Dozen Fast Facts About The Current Stock Market Action Read More »
‘Wisdom of the crowd’: The myths and realities Two Forms of Human Motivation: Gain And Prevent Pain Ride Winners and Cut Losers. Period. Stox & Technical Analysis for Traders Selling Short Online Share Trading: Breaking the Beginner’s Cycle One of the most important things we must
7 Articles For Traders: Weekend Reading Read More »
@canuck2usa trading styles are like personalities – not something one can copy — Cornholio (@RChang6) July 29, 2014 Doji, doji everywhere! — Christopher Ebert (@OptionScientist) July 29, 2014 Forget about trying to be right all the time. Concentrate on making much more when you’re right than you lose when you’re wrong. — Mark Minervini
Tweets of the Week – 8/2/14 Read More »
A stop loss level should be planned when you enter a trade. This is the price level that if it is reached that you will know that your entry was wrong. You should position size with a share count and dollar amount where if your stop is hit you will not lose more than 1%
Ten Things To Consider When Placing Stops Read More »
#1Van Tharp On Risk Management #2 The Magic of Compounding Your Returns #3 The Top 25 Trading Books That Helped Readers Make Money #4 The Four Dangerous Internal Emotional Indicators for Traders #5 A Trader’s Most Important Question #6 10 Things A Trader Needs to Give Up if They Want to Make Money #7
Top 25 Blog Posts of All Time – 6/30/14 Read More »
There is an old parable known as “the blind men and the elephant.” In this story, there are four blind men who are asked to determine what an elephant looks like. The first blind man feels the leg of the elephant and says, “The elephant is like a tree because it is large and round
The Blind Traders and the Market Read More »
Momentum trading is generally used to capture strong moves in short time frames usually for not more than a few hours or a few days. Generally momentum traders are very focused on only a few trades at a time at most and scan a large watch list for a few signals. Trend followers by contrast
Momentum Trading Vs. Trend Following Read More »
The long term uptrend stays in track as momentum slows and small pullbacks take hold. Currently this market environment currently still favors buy and hold investors, trend followers of the long term uptrend, and swing traders from the long side during pullbacks. Buying strength or momentum on the indexes has just not worked for most
10 Fast Facts About The Current Stock Market Environment $SPY $QQQ $IWM Read More »
Technical Analysis 101: Defining Support and Resistance Random stock picking will beat S&P: Fund manager The Single Best Predictor of Sustained Trading Success The Best First Investment You Should Make “What have you done for me lately?”
5 Great Trading Articles for Weekend Reading Read More »
WS in state of shock that Bezos refuses to play their game although he hasnt played it in 14 years. $AMZN — Alan Farley (@msttrader) July 25, 2014 If you can’t test your trading system what makes you think it will work going forward? — David Stendahl™ (@David_Stendahl) July 25, 2014 OBAMA SAYS FED
Tweets of the Week – 7/25/14 Read More »
After spending many years on twitter and facebook watching many traders in action I have to say these five traders are some of the very best I have every seen in real time over a long period of time. They are great at going with the flow of
Five Real Deal Trading Denizens On Twitter Read More »
The two key drivers of success in any endeavor is passion and hope. Passion creates the energy to do what we need to do to get to where we want to go. Many times money is just the side effect of
Two Key Drivers To Success Read More »
Two of the biggest indicators of success in life is the ability to say no to yourself at crucial times and sacrifice your present moment fun and enjoyment for future goals and accomplishments. Self control is the path to getting what you really want out of life while following the natural path of your own
The Two Primary Indicators For Success in Life Read More »
Here are ten bad habits that new traders have to stop to become profitable and success traders. Stop wanting to be right all the time and just settle for being profitable by cutting losses short. Stop trying to predict the future and just focus on entering robust trading signals. Stop taking small profits and
10 Bad Habits Successful Traders Have To Stop Read More »