” There is only one side of the market and it is not the bull side or the bear side, but the right side.” – Jesse Livermore Be a bear in a bull market. Keep shorting a bull market and see what happens. LOSSES. […]

    Ten Things For Traders To Look For On Social Media Look for a trading teacher not a trading guru. Look for real traders that are actively trading real money not active salesmen looking to take your money. Look for traders that like to have fun and are laid back and beware of traders

  Long term trend in place as a bull market. Intermediate time frame $SPX is range bound with a half percent return in 2014 for buy and hold indexers. On the short term time frame $SPX is range-bound with 1840 as support and 1880 as resistance on the daily chart. The current $SPX chart along

                Traders Beat Market Indexes Borrowing Tools From Sports Last Week’s Brick Wall For S&P No Surprise 10 Inspirational Quotes from Navy SEAL Training Indicators vs Price Action! The debilitating myth of musical chairs It’s Tax Time! Don’t Be An April Fool The Secret Trading Strategy From The

This here is what ya get from a yellin’ at the stock markit. pic.twitter.com/zDbVnOmXWP — Christopher Ebert (@OptionScientist) March 26, 2014 When I said Chop-fest I wasn’t j/k no trend atm be nimble or be stedfast but overtrading will Kill Bulls or Bears in this MKT — DK1 (@canuck2usa) March 23, 2014 Learning to trade

          Good traders HATE draw downs in capital, they do everything they can to limit the severity of their draw down in correlation with the expectations of returns. Good traders HATE it when they break their discipline and take a bad entry out of anticipation or personal beliefs, they like taking

In baseball the best hitters are disciplined enough to wait for the best pitches only before they swing. The best hitters are picky and have developed the ability to know what the best pitches are and wait for them. Regardless of physical strength the true success of hitters in baseball comes from the ability to

        Trade Like a Casino ‏@TradeLikeCasino:  Trade Like a Casino: Find Your Edge, Manage Risk, and Win Like the House (Wiley Trading)  “If we are properly managing the risk and adhering to a positive expectancy model, the act of trading a position should be boring.” – Richard Weissman  Michael Covel ‏@Covel:  Trend

                              “If there was easy money lying around, no one would be forcing it it into your pockets.” – Jesse Livermore There is so much garbage out there concerning trading online and the temptation for easy money that many new traders

                     Ten Things A Trader Has To Know You have to know your own tolerance for risk and draw downs in capital. Not what you believe is your risk tolerance but what you can bear in reality when your real trading capital is down 5%, 10%

Last week was very choppy and sloppy and the market could hit a signal intra-day then move fast. Equities as a whole are not under accumulation in 2014 so far they are only be traded in ranges as an asset class.  $SPY and $SPX are still negative on the year but have provided plenty of

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