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

PostHeaderIcon The Two Primary Indicators For Success in Life

Two of the biggest indicators of success in life is the ability to say no to yourself at crucial times and sacrifice your present moment fun and enjoyment for future goals and accomplishments. Self control is the path to getting what you really want out of life while following the natural path of your own emotions and impulses in almost always a well worn path down the wrong road. Most people get the most satisfaction and enjoyment from accomplishments and a job well done, not in their leisure time or on a vacation. One of the greatest enjoyments in life is working in a field you are passionate about and finding meaning for your life through the work of creating value for others through that work. A lot of the unhappiness, boredom, and purposeless that we run into is when we say yes to our self at the wrong time and close doors to alternate futures through the lack of right actions in the present moment.

Here is some proof of the power of self control and discipline:

The Stanford marshmallow experimentwas a series of studies on delayed gratification in the late 1960s and early 1970s led by psychologist Walter Mischel, then a professor at Stanford University. In these studies, a child was offered a choice between one small reward (sometimes a marshmallow, but often a cookie or a pretzel, etc.) provided immediately or two small rewards if he or she waited until the tester returned (after an absence of approximately 15 minutes). In follow-up studies, the researchers found that children who were able to wait longer for the preferred rewards tended to have better life outcomes, as measured by SAT scores, educational attainment,body mass index (BMI) and other life measures.

The purpose of the original study was to understand when the control of deferred gratification, the ability to wait to obtain something that one wants, develops in children. The original experiment took place at the Bing Nursery School located at Stanford University, using children age four to six as subjects. The children were led into a room, empty of distractions, where a treat of their choice (Oreo cookie, marshmallow, or pretzel stick) was placed on a table, by a chair.The children could eat the marshmallow, the researchers said, but if they waited for fifteen minutes without giving in to the temptation, they would be rewarded with a second marshmallow. Mischel observed as some would “cover their eyes with their hands or turn around so that they can’t see the tray, others start kicking the desk, or tug on their pigtails, or stroke the marshmallow as if it were a tiny stuffed animal”, while others would simply eat the marshmallow as soon as the researchers left.

In over 600 children who took part in the experiment, a minority ate the marshmallow immediately. Of those who attempted to delay, one third deferred gratification long enough to get the second marshmallow.Age was a major determinant of deferred gratification. FULL STORY at wikipedia