So many arguments are caused between traders on social media simply because they do not understand the others time frame. I have seen long term investors who were bullish on a companies fundamentals argue with a day trader taking a technical short trade set up to the down side for a trade that would last […]
Ten Things That Cause Traders To Battle On Social Media Read More »
Here are fifteen websites and blogs that I have found useful over the years. I think the traders that run them do an outstanding job. These sites are packed with tons of free learning materials and information, you can look at each one and find the ones most useful for the type of trader
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The long term and intermediate term trend are both starting to become range bound here. 100 day ema hold and bounce last week was bullish short term. 50 day ema broken to the upside again was bullish. 5 day ema has almost crossed over the 21 day ema which could lead to a short
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What is the overall direction the market is moving with in your time frame and the larger time frame? What time frame will you be trading with your next trade? What is your entry signal and what is its historical performance
Ten Quick Questions to ask Yourself Before Every Trade Read More »
SHOWED UP FOR WORK, FORGOT THE MARKET WAS CLOSED. via @gregnb http://t.co/0A9lFvNVjY pic.twitter.com/ybS8SFI8o7 — TradingMemes (@tradingmemes) April 18, 2014 @sharptraders lunch time lull. Give it an hour — Sam G (@throbbyburns) April 18, 2014 @SJosephBurns if People on Twitter don’t turn positive very soon – this market is in danger of rallying —
Tweets of The Week – 4/18/14 Read More »
While having a great trading method is a good start and managing risk is a must for long term survival the element of a strong mental edge is a must for a winning trader. The ability to manage stress, losses, losing streaks, the ego, and even big
The 10 Elements That Create a Winning Traders ‘MENTAL EDGE’ Read More »
This blog post came from a suggestion from Andre Du Preez and many ideas were added by my facebook traders group. Thanks to all that added value to this post, Simon Goodchild, Brian Chang, Scott Gibbons, Harry Lamborn, Lisa Wareham, Stephen Doubell,
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A decision on what specific markets to trade. A developed robust trading system to trade that fits the traders personality and risk tolerance. An understanding of the expected winning percentage of trades in the system and maximum expected draw down of your trading
10 Things A New Trader Must Have If They Are Going To Survive Read More »
Admitting that you are wrong the moment price action tells you that you are and getting out of a bad trade. Being patient and waiting for your entry signal and the patience to let a winning trade go as far aw it wants to before you
10 TOP TRADING SKILLS Read More »
While the long term up trend is still in place we are entering into a small normal correction here so far. With the 100 day ema being lost the next long term support level is the 150 day ema from the last bounce. The best
$SPX Chart Fast Facts 4/13/14 Read More »