RIP BB KING RIP PAUL WALKER RIP NELSON MANDELA RIP OL’ DIRTY BASTARD RIP TUPAC RIP BIG RIP RADIO SHACK RIP QUIZNOS — Wu-Tang Financial (@Wu_Tang_Finance) May 15, 2015 Hotel California is basically a negative Yelp review with a two minute guitar solo. — Rob Fee (@robfee) April 11, 2015 “Successful investing means having […]
Top Trading Tweets of the Week: 5/15/15 Read More »
With so many people on Twitter looking for a trading book or book recommendations by @canuck2usa, I have decided to compile a list of his tweet recommendations. I have read many of these myself, and they are truly some of the best. These are a great mixture of Elliott Wave, options, momentum trading, psychology, risk management,
DK1 @canuck2USA Says Read These Books Read More »
What makes traders risk it all? I think this is something built in, something very primal, very ancient. Men generally risk it all because we have little patience. We are the hunters, the breadwinners, and the providers. If we aren’t willing to risk our lives
Why Traders Risk it All Read More »
This post is courtesy of StockCharts.com. Image via Shawn Rossi I must admit, I am not smart enough to have devised these ridiculously simple trading rules. A great trader gave them to me some 15 years ago. However, I will tell you, they work. If you follow these rules, breaking them as infrequently as possible,
Richard Rhodes 18 Trading Rules Read More »
There are many paths to trading profitability, but all the paths have similar steps. Here are some important steps you must follow on your path to profitability. The amount of success you have in trading is primarily based on the amount of homework you do. You must develop a winning trading system that is
10 Pathways to Trading Success Read More »
The $SPY return for 2015 year-to-date is 2.96%; this is a range bound market. For the past four months, $SPY support has been $203.50 with $212.50 as resistance. $SPY closed above long term resistance on Friday for the first time. However, momentum breakout signals have low success rates in range bound markets. The MACD
$SPY Chart Into Resistance: 5/10/15 Read More »
Saturday morning $STUDY session. Great piece on how to think about position sizing by @ivanhoff http://t.co/WuudtuctLB — Dave Kelly (@EVplusEV) May 9, 2015 The Buffett Formula — How To Get Smarter http://t.co/4Cqovdy4Mh pic.twitter.com/OC2bZarsCI — Shane Parrish (@farnamstreet) May 9, 2015 My @Forbes interview with Charles Kirk and why tenacity is key to trading success:
5 Top Trading Articles: Week 5/9/15 Read More »
How do we know people shorted into the hole? Sentiment. Here was sentiment on $RUT futures yesterday. pic.twitter.com/qTe1dwnqMF — Northy (@NorthmanTrader) May 8, 2015 Ahh, the good ole days. That doesnt work anymore Ralphie boy, that's so 90s. These days u buy the flush. #BTFD https://t.co/93oKhnVzip — JE$US (@WallStJesus) May 8, 2015 If income inequality
Top Tweets of the Week: 5/8/15 Read More »
Jack Schwager has personally interviewed the greatest traders of our time. He has published several timeless classics, among them my favorite trading book of all time “Market Wizards”. I was thrilled when I heard that Mr. Schwager had developed his own technical indicators, and they were available through TradeShark.com. TradeShark was generous enough to set me
Jack Schwagers Technical Trading Tools Read More »
The common held belief in the trading world is that 90% of traders are not profitable long term. This was based off some old studies of brokerage accounts. I read the original source article long ago in a trading book that referenced it. Other more recent studies seem to have found that the failure rate
30 Reasons Most Traders Don’t Make Money Read More »
