Long term the trend is still up as $SPY continues to hold far above the 200 day SMA. Short term the market is in a range. $23o Support and $240 resistance since February 10, 2017. The 50 day SMA was breached for the first time since the presidential election results. For the past 9 days […]
10 Facts About the $SPY Chart: 4/16/17 Read More »
Traders lose money because they are trading their personalities “You can try to find a better read than the Bezos letter to Amazon shareholders about Day 1 vs Day 2, but you won’t.” – Josh Brown The S&P 500 Index Is An Intelligent Trading Strategy Elon Musk to Tesla’s disgruntled shareholders: Buy Ford
Top Trading Articles: Week 4/15/17 Read More »
This is what happens to performance if you miss out on the top 10% of winners in a given year: https://t.co/mqaKZmHHkZ via @michaelbatnick pic.twitter.com/vJ2SOTw11w — Downtown Josh Brown (@ReformedBroker) April 13, 2017 The bomb didn’t cost $314 million. It cost $16 million. The program to develop and build them cost $314 million. — Downtown Josh
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Back tests are views into historical price action, they are not crystal balls that show us how profitable a system will be in the future. The best use of backtesting is as a filter to test your ideas and see if they would have worked out in the past before you try to trade them
Things That a Back Test Does Not Show Read More »
Trading is not all fun and games. Traders do not make money on every trade, most don’t even make money on half their trades. It is not like other careers, jobs, or hobbies where you work and then get paid automatically for your time regardless of performance. A trader’s pursuit is more like the life
The Top 10 Pains of Trading Read More »
Anger – Leads to revenge trading and trying to get even after a losing trade. Fear – The inability to take an entry or hold a winner in a trend due to the fear of a loss after entry or a winning trade giving back profits. Disgust – Can lead to a loss of confidence
The Dangers of Emotional Trading Read More »
This is a Guest Post by Alex @MacroOps which was posted originally at: Current Target: Populism & Europe’s False Trend This post is republished here with permission. One of my favorite sci-fi series is The Foundation Trilogy by Isaac Asimov. The book was first published in 1951 and is a grand “space opera” that takes place
Populism & Europes False Trend Read More »
$SPY has been inside a trading range since February 14, 2017. $SPY up trend is still on place with all long term moving averages still turning up. Short term moving averages are turning sideways inside this trading range. All small dips continue to be bought. The overnight 100 point Dow futures drop recovered Friday. When
10 Chart Facts on $SPY: 4/9/17 Read More »
Diversification, Adaptation, and Stock Market Valuation Medical Marijuana Is Getting Its First ETF, and Investors Couldn’t Be Happier Correcting thru time vs price? … “S&P 500 Technical Update: Resilience” The Metagame: How Bill Belichick and Warren Buffett Play a Different Game
Top Trading Articles: Week 4/8/17 Read More »
if there was a tax on the phrase "breaking news" we could balance the budget — StockCats (@StockCats) April 7, 2017 algos trying to decide if WWIII is bullish or bearish — StockCats (@StockCats) April 6, 2017 in an alternate universe, the unemployment rate is the percentage of people that don't have jobs — StockCats
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