Archive for the ‘Uncategorized’ Category

PostHeaderIcon 10 Fast Facts About The Current Stock Market Environment $SPY $QQQ $IWM

  1. The long term uptrend stays in track as momentum slows and small pullbacks take  hold.

  2. Currently this market environment currently still favors buy and hold investors, trend followers of the long term uptrend, and swing traders from the long side during pullbacks. Buying strength or momentum on the indexes has just not worked for most of this year with all the fades and choppiness day by day.

  3. The short term support for the $SPY is the 21 day ema after that the 50 day sma is the next place buyers are probably waiting to buy the dip.

  4. The $QQQ bounced off the 10 day sma a loss of that level and the 21 day ema is the next level of support.

  5. The $IWM next level of support is the 200 day sma then the 30 RSI on the daily chart. Both very high probability entries.

  6. 100 Top Performing Stocks

  7. All Time Highs

  8. Stocks that bounced off their 50 day moving averages

  9. Stock Options Explain Doji Candles

  10. Stock Universe as of 07/26/2014






PostHeaderIcon 5 Great Trading Articles for Weekend Reading










Technical Analysis 101: Defining Support and Resistance

Random stock picking will beat S&P: Fund manager

The Single Best Predictor of Sustained Trading Success

The Best First Investment You Should Make

“What have you done for me lately?”

PostHeaderIcon Top Trading Tweets of the Week


PostHeaderIcon Five Real Deal Trading Denizens On Twitter









After spending many years on twitter and facebook watching many traders in action I have to say these five traders are some of the very best I have every seen in real time over a long period of time. They are great at going with the flow of their trading time frame. They stay on the right side of trends and their win rates along with their maximizing of wins and minimizing of losses are just amazing to watch. These are some real deal trading denizens that we are fortunate to have them sharing either their wisdom or trades with the rest of us.

LM_Tentarelli @systemstrader95 Systematic Momentum trader, 16 years, Long/Short. Intermediate/Longer Term Momentum & Trend Following programs. Price only. No predictions or opinions.

PostHeaderIcon Two Key Drivers To Success
















The two key drivers of success in any endeavor is passion and hope.

Passion creates the energy to do what we need to do to get to where we want to go. Many times money is just the side effect of the work we do driven by our own passion and desire for success with little thought given to the monetary reward that could happen during the battle for success. When we are passionate about something we just love doing it, we just love the game itself and everything about being in that game and playing it. True professionals do not use their bank account as a daily motivator to work, they are doing what they were born to do, they are just being who they are and what they are.

Hope is what gets us up in the morning and keeps us working toward our goals. Hope gives us the ability to do hard work today for a potential reward in the future. Hope sees an account at $0 and sees that it could be over a million dollars if the right plan is followed. Hope gives us the energy to work hard in our present circumstances believing that we are receiving an education that will show us the path to where we want to be. The greatest cause of depression is being realistic about the present and future and the loss of hope in tomorrow.
being better than today.  Know what you want, and understand how to get there. If you are willing to do what you have to do and be willing to pay the price that your goal costs you can have what you want.

“A man is a success if he gets up in the morning and gets to bed at night, and in between he does what he wants to do.”
― Bob Dylan