If something looks irrational —and has been so for a long time —odds are you have a wrong definition of rationality. — Nassim N. Taleb (@nntaleb) February 16, 2014 Soon I am going to start charging per tweet. The monthly subscription model is so overrated. Will release […]

                Structure your position sizes and stop losses in trades so that if you are wrong you will not lose more than 1% of your trading capital on any one trade. Reducing your risk per trade to 2% of trading capital would be a huge improvement for many

                            “The reason it takes so long to learn to trade successfully is because of all the garbage you you have to sift through.” – Travis James I would highly advise that if a new trader sees a few of these signs

                              They could not handle the losses. Some could not handle losing money at all, others chose to not manage risk and the big losses ruined them financially and they had to stop trading. Or the big losses ruined them mentally

   We had a very bullish ‘V’ shaped bounce at the $174 price level right at the 30 RSI level last week that is bullish. We are in striking distance of the $SPY all time high next week. The odds are that we get there next week. This move off the lows has become parabolic

@SJosephBurns I guess all of the bears are dead now. — FEYE (@30Min_CrossOver) February 14, 2014 @traderstewie buy the ducking fip! — △ (@mnycx) February 14, 2014 I agree completely. Less to focus on = more focus. Better to be master of a few than medicore at many. @SJosephBurns — SystemsTrader95 (@SystemsTrader95) February 14, 2014

                            Some of my best trades were when I came into the morning wanting to go short if key support levels were lost. I really thought I was about to get a big short play but ended up going long as the

                              Someone on social media suddenly demanding to see a personal P&L to prove a trader is real is just silliness. Real world rules apply on social media. If a perfect stranger suddenly walked up to me and demanded to see

                      The 10 Dumbest Things I Used To Do As A Trader I attempted to swing trade the March 2000-2002 melt down that was in a down trend. I went long with in days of the bottom in March of 2009 but was shaken out

   The long term stock market up trend  from 2013 is still firmly in place. The last two days moves in $SPY was a very strong bounce off an intra-day bottom at the 30 RSI. A confirmation of a possible short term trend back up to all time highs would be a break and close

    When I unfollow someone on twitter it is nothing personal, that account just does not match my style of trading and is not helpful to me in my learning and growing as a trader. I really lean towards the big picture in trading with risk management, trader psychology, and robust systems. I believe

                    For anyone watching the Super Bowl Sunday we got to see a #1 ranked defense completely shut down a #1 ranked offense. In Super Bowl history 5 times a defense ranked #1 in the regular season has faced a team ranked as the #1 offense

                          You Will Eventually Blow Up Your Trading Account If…. You consistently trade huge position sizes in volatile trading vehicles. You enter a trade with no exit strategy. You care more about being right than making money. Your emotions fluctuate wildly with your

                            Looking back at my early success in the stock market in the late nineties and even in the early 2000’s with the level of knowledge I had then at first glance at my returns I thought I was just lucky. However

  The stock market is still in a long term up trend by staying over the 200 day sma. In the short term down trend the 100 day ema has acted as support. The $SPY price action has been under the 5 day ema for 7 days and has acted as end of day resistance.