Volatility expanded as $SPY went from all time highs to the 21 day ema in one day wiping out four days of gains in one session. Holders of $SPY took the opportunity to sell into the rally Friday after non-farms payroll. $190 $SPY was the dump zone, that is where bulls locked in profits. The […]

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                            Thanks to Doug Gregory @sharptraders for getting many of these follows together on a list for his twitter account. I have been wanting to do this blog for a long time and he made it easy. Here are the top accounts

                      Before you spend any money on anything related to trading ask yourself this question. “Am I buying into hope in a magical trading system or am I learning to trade on my own?” The best trading teacher you can have is one that has

  Risk on reversal in small caps:   Tech break out over the 50 day:   Volatility decreases as all time highs are pursued in big cap indexes:   All time highs, bullish MACD crossover, and  MACD histogram positive in an uptrend.  

                      ” 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

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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