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?”
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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
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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 »
The long term uptrend in the stock market is still in place. This is not the stright up parabolic move of 2013 where the 5 day ema and 10 day sma worked as a trend filter. This year indexes are trading in a wider range with the 21 day ema and 50 day sma are
Fast Facts About the Index Charts and My Dip Buy Points. $SPY $QQQ $IWM Read More »
If You’re Not Feeling Stupid, You’re Not Managing Risk An Interview With Trend Following Technical Analyst Jon Boorman The Slight Edge by Jeff Olson 10 Failures Who Became Huge Successes
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The best traders wake up every day excited. They can’t wait to get to work. Passion transcends monetary reward. — Mark Minervini (@markminervini) July 18, 2014 Obama preview: Terrible tragedy, will be further costs for Russia, those responsible must be brought to justice, gotta go, have 1PM tee time — Reinman_MT (@reinman_mt) July 18,
Tweets Of The Week – 7/18/14 Read More »
Five Reasons Why People Fail In Life Blaming others for your own mistakes, laziness, and bad decisions is a sure path to failure. Success only blooms from the fertilizer of responsibility for yourself and your own results. Arguing with someone when you are wrong instead of learning is a path to failure because instead of
Five Reasons Why People Fail In Life Read More »
It was great to have the honor to interview these two market wizards. I appreciate them both taking time off from their busy schedules, and giving my readers a chance to ask some questions. All of these questions were submitted by my Facebook trading group. Questions for David Ryan Q: David, what are some
Interviewing Mark Minervini & David Ryan Read More »
Since the all time high breakout in May the 21 day ema has acted as end of day support in $SPY and $QQQ. After the 21 day ema support was lost in $IWM in July it has acted as resistance for $IWM. 2014 has been a wider price ranging index up trend than 2013 was
A Key Moving Average I Am Watching & What I See Here Read More »
Mindfulness is the practice of really seeing reality for what is really happening in the present moment. Seeing the facts for what they are and not what you want them to be. The ability to cultivate the equanimity to see the reality of the circumstances you are in without losing yourself to them and allowing
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The long term up trend is firmly in place. With the 50 day holding in $IWM & the 21 day ema holding in $SPY. Currently $QQQ is the strongest equity index. All gap downs and dips are still being bought quickly. The Portugal gap down Thursday in $IWM was met with buyers at the 50
$SPY & $IWM Charts Analysis, Individual Stock Set Ups, & Option Analysis Read More »
Who’s the Greatest Investor Ever? Excess Returns The 1929 Crash Chart: One Final Farewell Interview with Nick Radge from TheChartist How To Be Resilient: 8 Steps To Success When Life Gets Hard Secrets of the Millionaire Mind T Harv Eker
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i’ve said it before and i’ll say it again, timeframes are the least understood aspect of trading — KRS (@krscapital) July 10, 2014 The CYNK algo is now back in the S&P500 where it belongs — zerohedge (@zerohedge) July 10, 2014 $SPY so Portugal isn’t an issue after all? This market is so dumb.
Tweets of the Week – 7/11/14 Read More »
Many traders and investors make the mistake of trading and investing only in equities. While the stock market is a very popular place for retail traders and investors to use for their capital it is not the only game in town. Equities are just one asset class. Stocks are the place to be when their
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What exactly is your entry signal going to be? Based on what back testing or trading principles? Will you wait for a move in the direction of your trade or buy based on a technical indicator? Will you have better odds of success buying dips in bull markets and shorting strength in down trends? Risk/Reward:
Ten Questions To Ask Yourself Before You Enter A Trade Read More »
The following is a book review I first published on Amazon for the book “Mastery”. I felt like it was written just for me. I have always enjoyed reading the biographies of successful people that mastered their fields of endeavor like Thomas Edison, Henry Ford, Leonardo Da Vinci and many others. I have read many
How To Pursue Mastery Read More »