Quotable Quotes from Ed Seykota Market Masters: Why Emotional Intelligence Gives Investors An Edge Blair Hull – Getting the Edge: Blackjack and the S&P 500 Best Practices in Trading: Scenario-Based Preparation Why Do You Trade? Who Loses The Most In Trading?
My Favorite 5 Trading Articles 2/21/15 Read More »
Don't know about you but I'm all greeked out… — Northy (@NorthmanTrader) February 20, 2015 Greece's euro zone bail-out negotiations are steeped in tension and mistrust http://t.co/VzRWgYyy6H https://t.co/BpwbeEeeFp — The Economist (@TheEconomist) February 19, 2015 pic.twitter.com/z0jNAcmpoy — JE$US (@WallStJesus) February 16, 2015 Apple's iCar radio only plays U2. — Mike Valletutti, CTA (@marketmodel) February 14, 2015
Top Tweets of the Week 2/20/15 Read More »
“We learned just to go with the chart. Why work when Mr. Market can do it for you?” – Paul Tudor Jones Only price pays. In trading, emotions and egos are expensive collaborators. Our goal as traders is to capture price moves inside our time frame, while limiting our drawdowns in capital. The longer
10 Great Technical Trading Rules Read More »
Moving averages allow traders the ability to quantify trends and act as signals for entries, exits, and trailing stops. They can become support and resistance, and give the trader levels to trade around. Below are examples of the specific moving averages with time frames. 5 Day EMA: Measures the short term time frame. This is
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“Mr. Seykota himself has put together a money management track record with returns of roughly +60% net of fees over the three-decade span of his trading career…” -Futures Magazine Ed Seykota, first featured in the book Market Wizards has one of the best records of all time for any trader. Ed Seykota’s returns on capital
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Original Source: John Murphy’s Ten Laws of Technical Trading Charts and information courtesy of www.StockCharts.com 1. Map the Trends Study long-term charts. Begin a chart analysis with monthly and weekly charts spanning several years. A larger scale map of the market provides more visibility and a better long-term perspective on a market. Once the
John Murphy’s Ten Laws of Technical Trading Read More »
The $SPY chart is overwhelmingly bullish and crossed into all time highs. (Based on the $SPX chart. I do not count the $SPY crazy ramp candle to $211.80) The only concern is where the profit taking will be. When will the $SPY reverse and begin to start hitting stop losses? Where are the dip
10 Facts About the $SPY Chart 2/15/15 Read More »
Here are five of my favorite trading articles from this week: This is the Big One The Ultimate Guide on How to Use Risk /Reward Ratio Correctly Bulkowski’s Position Sizing 5 Tips to Deal with Trading Losses The Top 5 Reasons You Suck at Making Rational Decisions
My Favorite 5 Trading Articles: 2/14/15 Read More »
One thing I have learned over the years trading is that crisis = opportunity — DK1 (@canuck2usa) February 9, 2015 To much info when trading is counter productive..atleast for me…less is WAY MOAR….plus I really dont like reading — DK1 (@canuck2usa) February 11, 2015 If you are on TWTR and critcize another trader for being
Top Tweets of the Week 2/13/15 Read More »
For all the people that have asked for it: Here are five trades examples step by step. These were all shared in real time on twitter. My December $UPRO Trade My Simple and Effective $TQQQ Trade Do Bears Drive Electric Cars? My Big Juicy Apple Option Strangle Play My Recent $SPY Trade December 2014
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Trade based on price action; not opinions, predictions, or emotions. Trade in the direction of least resistance in your time frame. Develop your own profitable trading system. Only trade in markets after you have back tested your system or studied historical charts. Use a trading plan that sets the parameters for your system’s implementation.
Steve Burns’ 10 Golden Trading Rules Read More »
Over trading Most new traders think that they must always be long or short the market. They lose a lot of money during certain market stages like corrections, high volatility, or bear markets. Sometimes the best position is cash. Sometimes the best trade is no trade. Sometimes their is no signal just chaos. Profitable
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This is a Guest Post from Rolf @Tradeciety (He has some of the best content and trading graphics on twitter). “You only learn from your mistakes” is a very dangerous and misleading statement. And at the same time, it is totally wrong. In fact, there is so much you can only learn from your winning
What Your Trading Results Can Teach You. Read More »
The reason many traders were whipsawed last 2 weeks with prices is that there was no trend, only swings back and forth in the $SPY. After uptrend and then downtrend signals over the past two weeks the market has settled into range bound prices. $207 resistance and $197 support since late October. The resistance
$SPY Chart Facts: 2/7/15 Read More »
Suckers and Lessons in Trading 5 Quick Guidelines for How to Buy on a Pullback Beyond “Sissy” Resilience: On Becoming Antifragile Quotes from the Market Wizard Linda Raschke Jesse Livermore – A Great Trader? Really?
5 Great Trading Articles: 2/7/15 Read More »
Greece is 11 million people and just 2% of Euro Zone GDP. Bail it out already or Let It Go. We’ve all had enough. — Downtown Josh Brown (@ReformedBroker) February 6, 2015 On this day in 1911 the invisible hand of the free market lowered baby Ronald Reagan into a red, white and blue manger
Top Trading Tweets of the Week 2/6/15 Read More »
Today I would like to explore three concepts in trading that many traders have never thought about. Fragility, robustness, and anti-fragility are concepts that describe a trader’s psychology, risk management, and method. Here are some general definitions: Fragility is a word used to describe something that is easily broken, shattered, or damaged. It means
Traders Must Bend But Not Break Read More »
I have fielded many questions since the announcement of New Trader 101, and while I am happy to answer email, I thought that other folks may benefit from the answers. Q: Why did you make an e-learning course? A: I have been asked on a daily basis if I will create a course for
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You have power over your mind – not outside events. Realize this, and you will find strength.” – Marcus Aurelius The weakest part of any trading system is the trader themselves. To be a successful trader, you must manage yourself. The ability to manage your own physical, emotional, mental, and spiritual health will go
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Last Sunday all the bullish momentum signals were triggering while this week we have the reverse with bearish signals. This market is currently volatile and could break either way. Momentum moves up were faded last week, buying strength did not work. This is a dip buyers market, buying weakness and it is working over
10 Facts On The $SPY Chart 2/1/15 Read More »