Regardless of the quality of your trade entries and exits, it is the overlying principles that you use in your trading that will determine your success. Here is the big picture that will help you become a better trader starting right now. When you enter a trade, you should already have a 50/50 chance of […]
10 Powerful Principles for Profitable Trading Read More »
“I try not to go against the moving averages; it is self-destructive.” This is something that can cause a lot of losses for traders that fight a trend. Regardless of other technical indicators the moving average tells the trend. “Before putting on a position always ask, ‘Do I really want to have this position?’” There
The 6 Key Trading Principles of Marty Schwartz Read More »
“There are really four kinds of trades or bets: good bets, bad bets, winning bets, and losing bets.” – Larry Hite Hite explains that good and bad trades are independent of winning and losing trades. Therefore, a winning trade wasn’t necessarily a good trade, and a losing trade wasn’t necessarily a bad trade. There are
Four Types of Trades Read More »
These quotes are from Jack Schwager’s interview with Linda Raschke from The New Market Wizards. “The truth is that once you get down on the trading floor, you find that the traders come from all walks of life. You don’t have to be a rocket scientist to be a trader. In fact, some of the
Market Wizard Linda Raschke Trading Principles Read More »
2015 index ETF returns are at $SPY +2.19% $DIA +0.71% $IWM -0.33% and $QQQ gained +11.18% thanks primarily to $FB $AMZN $AAPL $NFLX and $GOOGL year to date. This market has been absent a long term trend in 2015 and until late August it did not even swing widely in price. The stock market
10 Facts About the $SPY Chart 11/8/15 Read More »
US Stock Market Indices: Must Watch Levels In November Moving Averages & the Efficient Way To Trail Stops How to Trade Pullbacks and Breakouts Successfully? Which Is The Best Moving Average? Test Results Reveal The Truth Your need to be right is blocking your trading success
My Favorite Trading Articles Week 11/7/15 Read More »
$FB $AMZN $NFLX if you are constantly short these I'm sorry — DK1 (@canuck2usa) November 5, 2015 $FB $AMZN $NFLX if you are constantly short these I'm sorry — DK1 (@canuck2usa) November 5, 2015 The average age of a financial advisor is 50.9. 73 million millennials are now entering peak earning and spending years. Mismatch.
Top Trading Tweets of the Week 11/6/15 Read More »
Here are four monster stocks that are consuming market share from other companies and systematically pounding their competitors. These are big cap growth stocks that are taking over and consuming other industries, and have the potential for trading with trend using moving average crossover systems. Facebook– The 2nd most popular website in the world is
4 Companies That Are Changing the World Read More »
Create asymmetry in your trading by using stop losses. Profitable trading only happens by making more money than you lose. Big losses are the main cause of not being profitable. Eliminate big losses by cutting your loss when proven wrong. Have a great risk/reward ratio on entry. Give yourself the potential to make two
10 Habits of Highly Profitable Traders Read More »
As Jeff Bezos built Amazon into the biggest retailer in the world by market cap, his focus was not on the short game of quarterly earnings to please Wall Street, or small challenges and obstacles that arose from day to day operations. His focus was on the long game, conquering the publishing and retail world—the
Playing the Long Game Read More »
$SPY $QQQ and $DIA ran into resistance at the 70 RSI. The risk/reward favors a pullback here. $SPY $QQQ and $DIA found support at the 5 day EMA on Friday at close. $QQQ is the leading index and $IWM is the laggard. $IWM had a failed breakout over the $116 resistance and price ended
10 Facts About the Market Indexes 11/1/15 Read More »
Trading Success and The Illusion of Prediction The proven facts behind emotional attachment. Why do you marry trades? Are you trading for profits, drama, or a combination of both? S&P 500 Trading Update: Risk-Reward Shifting To Downside The Insidious Nature Of Investing Hindsight
My Favorite Blog Posts: Week 10/31/15 Read More »
$VRX I’m strangely attracted to this chart.. Then I slap my hand ? pic.twitter.com/WGs0FCfTg3 — DK1 (@canuck2usa) October 30, 2015 perspective pic.twitter.com/aISgjbgcxv — StockCats (@StockCats) October 28, 2015 and that’s why they call it earnings roulette pic.twitter.com/kMGqad68qj — StockCats (@StockCats) October 27, 2015 This Market Is Making Me Nervous… pic.twitter.com/60mrGk1VCq — StockCats (@StockCats) October 25,
Top Trading Tweets of the Week 10/30/15 Read More »
Here are 10 trend following principles and 5 trend following books to get you started in the world of reactive technical trend following. You shall learn from successful trend following fund managers to make big returns int he market. You shall follow the trend only, and have no guru, opinion, or prediction that you bow
The 5 Best Trend Following Books Read More »
A new website platform that lets traders see the stocks that would be chosen right now by investment legends based on algorithms that filter for their historical parameters, I’m happy to introduce you to Meet Invest. Users can now see the stocks that Warren Buffett, Marty Zwieg, Peter Lynch, or William J.
Screen Stocks Like a Market Guru Read More »
$QQQ and $DIA are both over their 200 day SMAs but also over the 70 RSIs the risk reward is in the favor of short sellers here. The charts look more like the top of a downtrend than the beginning of a new uptrend at this point in time. Buying dips back to the 200
10 Facts About the Market Indexes $SPY $QQQ $IWM Read More »
Success is likely to lie more dependably in discipline, consistency, error minimization, rather than in bold strokes Interview with Top Traders – What is The #1 Thing That is Absolutely Critical to a Trader’s Success? Why Most Traders Lose Money: 9 Tips To Better Risk Management The Greatest Mistake Losing Traders Make
Top Trading Articles: Week 10/24/15 Read More »
$SPX up +10.8% from the low 19 trading days ago +203 points bringing the YTD gain to +0.7% — StockCats (@StockCats) October 23, 2015 most bullish analyst on the street taking a victory lap with the $SPX up less than 1% on the year — StockCats (@StockCats) October 23, 2015 hold my beer while I
Trading Tweets of the Week 10/23/15 Read More »
Author Andreas Clenow has done an outstanding job writing a landmark book for readers interested in systematic trend following of futures. He gives basic systematic trend following strategies with entry and exit parameters, position sizing, and shows the watch list for futures markets needed for proper diversification. He explains systems based on breakouts and moving
Book Review: Following the Trend Read More »
