Since breaking over the 50 day back in January the 50 day has held as support 4 out of 5 times. This is the sixth test and it could go either way. Three weeks ago all time highs were rejected so we do have over head resistance to work off as people get […]

                                                                                                                                                                                                                                                                                                          Here are ten things I believe are needed to be a great trader. It will surprise some that predicting, stubbornness, reading a balance sheet, or stock picking is not on here. It is all a game of risk management, mind, and a robust system. Everything else is just noise.  Passion for trading, only passion

  The market as a whole has slipped into a slower trading pace as summers wind down. Failure to make higher highs has disappointed many bulls. Some individual stocks have also frustrated many traders with wild volatile action like $AAPL failing at the 200 day, $PCLN rejected hard as it approached the $1,000 level, $FB

                                                                                                                                                                                                                                                                                                            Social Media is a fun place for traders to interact with other like minded  traders, but there are many people online that for whatever reason want to try to spoil the fun. They always bring a negative wake wherever they go. They are more interested in tearing people down than adding value to

                                                                                                                                                            With this new frontier of Social Media we are the first to explore it and see what it really means to the world. To me being involved on Social Media gives me a chance to connect with great traders from around the world, both those seasoned traders I can learn from and those

So far ALL the people who said the 2013 bull market had come too far too fast and was due for a deep correction had one thing in common, they were all wrong. While bulls and dip buyers were rewarded in the long term the perma bears were either in cash waiting for a pull

                                                                                                                                                                                                                                                                                                     To me trading is about more than math and entries and exits. I believe to be a truly great trader we must master our self. You must understand the risk of ruin. Profitability will only come from the exercise of some type of edge we have over the other market participants. few books,

                                                                                                                                                                                                                                                                                                            Here are two different ways to make money in the markets and have a profitable system. #1 Have a High Winning Percentage If the size of your wins and losses are EQUAL and you have more wins than losses then you will make money if you simply have a higher winning percentage of trades

                                                                                                                                                                                                                                                                                                           The Four Horseman of the Failed Trader are Ego, Battling Price Action, Inadequate Homework, and Ruin. Most traders that fail and leave the markets never learn the lessons that the market was trying to teach them. In all likelihood there were four horsemen that rode through that traders account leaving lost battles, pestilence,