In 1959, Nicolas Darvas beat Wall Street when he traded his way from $30,000 to $2.25 million in 18 months. He did this while traveling around the world on a dance tour, while using telegrams for end of day prices, and a weekly Barron’s Magazine. How is this possible? His ten powerful principles: He traded the long side […]
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Historically, he 30 RSI oscillator is the key end of day support zone for $IWM. This entry is a standalone high probability long signal, for an initial bounce and potential short term bottom, as a swing trade. The 200 day simple moving average is the key long term support line in a bull market uptrend,
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$SPY is still in a range bound price zone, and is being traded and not accumulated or distributed in any meaningful way. Last week the all-time high resistance level held and the market reversed back into the trading range. $SPY made lower highs and lower lows for four straight days. The $SPY reached all-time highs
10 Facts About the $SPY Chart 7/26/15 Read More »
Decoding Chart Patterns – How To Understand Any Price Move The Thinnest New High In Stock Market History The Three R’s: Winning Practices of Successful Traders 20 successful entrepreneurs share the most important lesson they learned in their 20s 4 Considerations When Making New Investments
Chart Patterns and Market Breadth Explained Read More »
spot the red flag… pic.twitter.com/Yix6Hl0TTv — StockCats (@StockCats) July 23, 2015 'The market is manipulated' Translation:- 'It's not doing what I think it should' — Jon Boorman (@JBoorman) July 24, 2015 When I have bad days, I look at my LT track record & that gives me confidence in myself and my trading methodology. – @SJosephBurns —
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Here are some of the best traders of price action that are currently on twitter. These guys have all been in the trading business a very long time and most have verified audited returns and manage money professionally or trade their own accounts. Following them can help you in your journey to trading profits by
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New traders come to trading excited about learning, and looking for a fast path to riches. The majority of new traders can make big mistakes that take their accounts to zero during their learning curve. Traders can grow their capital if they do it correctly, but there are dangers that new traders should be
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1. Believe in Yourself 2. Control Risk 3. Patience 4. Humility 5. Reward — DK1 (@canuck2usa) December 31, 2014 Rule 1: Wave 2 will never retrace more than 100% of wave 1. pic.twitter.com/XxgHcVZLRy — DK1 (@canuck2usa) February 24, 2015 The big money is made by holding positions not daytrading — DK1 (@canuck2usa) May 1, 2015
All Time Top 10 Tweets of DK1 @canuck2usa Read More »
No matter the kind of trader, or their level of success, everyone gets up in the morning and puts their pants on one leg at a time. They read the same news, have access to the same strategies, and trade the same stocks. So what makes one trader more successful than another? What gives
Stock Market Success: It is All in Your Mind Read More »
As soon as the Greece fear subsided, many traders and investors rushed in to buy after many were on the sidelines. These worriers were fueled by the fear that Greece would set off a sell-off or systemic event. The majority of people wanting to sell were already out, and had to chase the move back
10 Facts About the $SPY Chart 7/19/15 Read More »