A breakout into an overbought price level as measured in the historical context of an oscillator. This is almost always a bad trade. $SPY breaking out into a 65 RSI is not the same as it breaking out of a long term price range, to all time highs over a 50 RSI. Buying a breakout […]
Breakouts: When To Buy Read More »
Many are finding this market environment difficult to trade with the loss of the great trends we have had over the past two years here is what I see. With $SPY setting on a less than 2% return for the year this signifies 2014 has been a range bound market. This is the year that
Ten Fast Facts On This Market Action in 2014 Read More »
The Parasites of Finance The Case for Momentum Investing Honing Your Trading Process – Part One Honing Your Trading Process Part Two
Five Great Trading Articles For Weekend Reading Read More »
When u talk, you're repeating what u already know; if u listen, u'll learn something new. Let's listen to price action of $SPY. Be flexible! — Angela Zhou (@z8angela) May 15, 2014 And you all laughed at my Choo Choo Chart $VIX pic.twitter.com/miY06WcoWl — Mella (@Mella_TA) May 15, 2014 @SJosephBurns someone very important must have
Top Trading Tweets of the Week (A lot this week) Read More »
They have the resilience to come back from early losses and account blow ups. They focus on what really matters in trading success. They have developed a trading method that fits their own personality. They trade with an edge. The harder they work at trading the luckier they get.
20 Principles That Make Market Wizards Successful As Traders Read More »
https://www.youtube.com/watch?v=AZWO1JisCwc This last one via @Chartlearning
My Favorite Technical Indicator For Swing Trading: 3 Videos Read More »
Work to build and grow your trading capital to a place where you can trade with meaningful stake. Learn about all the different kinds of traders there are and choose the type of trader you want to be. Find out what some of the best books on trading are and then read them. Study
The Dozen Best Ways For Traders to Spend 10,000 Hours Learning Read More »
A trader must have quantified entry signals that tell them when to enter where the probabilities of success are in their favor of being profitable. A trader must build a robust trading system with a positive expectation model of a high winning percent of trades
Ten Things A Trader Better Have in Their Toolbox Read More »
Welcome to the range bound phase of this bull cycle. The S&P 500 has not been able to give up much more than 2% this year for long trend followers and buy and holders in this index. 2014 is the year of being stuck in the mud so far with little I see to change
Ten Fast Facts on the $SPY Chart and the Stock Market Read More »
Why a stressed-out trader is a wimpy one What’s the Difference Between Solid and Filled Candlesticks? One Common Theme: Frustration A zany announcement: I sometimes change my mind about markets Seven Tips for Stock Traders Determined to Defy the Odds
Five Top Trading Articles For Weekend Reading Read More »
Signals generated on the daily time frame are much more reliable, and have a much better chance of working out. — Jose Luis Urbina (@urbinarestrepo) May 9, 2014 The lower time frames will generate more signals, but they are much lower in quality. Market #NOiSE — Jose Luis Urbina (@urbinarestrepo) May 9, 2014
Tweets of the Week 5/9/14 Read More »
Here are twenty of my favorite follows for my trading that add value through information, education, and live trading based on quantitative entries and exits. When markets are showing no discernible edge, correct play is to patiently wait for them to show discernible edge — Trade Like a Casino (@TradeLikeCasino) May 5, 2014
22 Follows For A Quality Tweet Stream Read More »
Doing your best to risk no more than 1% of total trading capital per trade, should solve these five problems that traders face: If you only risk 1% of trading capital per trade, you will not experience more than a 10% draw down with 10 consecutive losses. If your trading
Solve These 5 Problems Right Now Read More »
I will be looking to go long $IWM near the 30 RSI level, this is a high probability trade that we bounce at this oversold level based on historical data and charts. Of course proper position sizing and risk management is a must but this is the level I am watching for Wednesday to
The Level I Am Watching To Go Long $IWM Read More »
For stock traders looking for specific set ups for trade entries these sites provide a ton of information for free. Some even provide better free info than paid services provide. First you decide what type of high probability entry you want to trade and these sites will help you
Three Websites That Give Stock Traders #Free Set Up Entries Read More »
The long term up trend is still in place with $SPY closing at a new end of week high on the weekly chart. Intermediate term time frame favors swing traders here with $SPY going sideways for the year with a +2.27% gain. $SPY has spent 11 weeks in a trading range of $180
$SPY Chart Facts – 5/5/14 Read More »
Master Option Trader Interview: The Pro’s Process – Chris Ebert Not Everyone Is Going To Be Successful Fake trader with a £5m piggy bank Popular Blogger Reveals He’s Been Obliterated In The Market Lately TraderPlanet: Top Stories
5 Great Trading Links For Weekend Reading Read More »
@sharptraders I like the saying, “Stocks are like sushi, you don’t want the bargains”. (good stuff, Mr.B).. — Daniel64 (@DanielFitz4) May 2, 2014 Which Federal Reserve policy created more jobs last month – the Treasury purchases or the MBS purchases? — Rudolf E. Havenstein (@RudyHavenstein) May 2, 2014 @SJosephBurns or algo vs ego —
Tweets of the Week – 5/2/14 Read More »
These are 5 of my favorite traders to follow on twitter, no bull shit, just trading. No egos just price action. No predictions just charts. Real time trades putting their money where their mouth is. These guys are some of the best traders I have seen in live action both on twitter and many of
5 Reasons I Follow these Traders on Twitter Read More »
When $XLE was over a 72.5 RSI intra-day Tuesday I sold ten at-the-money $94 strike calls for $720 and bought 10 $96 calls for $92.45 to hedge as it reversed around $94.26. The close ended up forming a gravestone doji. I was selling the call options based on the risk/reward and price history of price
How I Sell Options Short: A Real Trade Example Read More »