A new website platform that lets traders see the stocks that would be chosen right now by investment legends based on algorithms that filter for their historical parameters, I’m happy to introduce you to Meet Invest. Users can now see the stocks that Warren Buffett, Marty Zwieg, Peter Lynch, or William J. […]
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$QQQ and $DIA are both over their 200 day SMAs but also over the 70 RSIs the risk reward is in the favor of short sellers here. The charts look more like the top of a downtrend than the beginning of a new uptrend at this point in time. Buying dips back to the 200
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Success is likely to lie more dependably in discipline, consistency, error minimization, rather than in bold strokes Interview with Top Traders – What is The #1 Thing That is Absolutely Critical to a Trader’s Success? Why Most Traders Lose Money: 9 Tips To Better Risk Management The Greatest Mistake Losing Traders Make
Top Trading Articles: Week 10/24/15 Read More »
$SPX up +10.8% from the low 19 trading days ago +203 points bringing the YTD gain to +0.7% — StockCats (@StockCats) October 23, 2015 most bullish analyst on the street taking a victory lap with the $SPX up less than 1% on the year — StockCats (@StockCats) October 23, 2015 hold my beer while I
Trading Tweets of the Week 10/23/15 Read More »
Author Andreas Clenow has done an outstanding job writing a landmark book for readers interested in systematic trend following of futures. He gives basic systematic trend following strategies with entry and exit parameters, position sizing, and shows the watch list for futures markets needed for proper diversification. He explains systems based on breakouts and moving
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$SPY $DIA and $IWM stay trapped under their 200 day moving averages. The daily RSI will be near overbought if they are able to breakout over their 200 days because of the speed of the rally off the bottom. The FANG group of leading stocks all have toppy charts here being rejected near overbought levels.
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Here are the ten steps that show you have moved from a newbie trader to trading more like a professional: You take you stop losses with little stress or emotional turmoil. This is a sign you are trading with the right position size and accepted losses as part of doing business. You have stopped taking
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With $SPY down -1.1% year to date, 2015 continues to be a flat year. I don’t understand the continuous perma-bull celebrations on the rally to nowhere. Perma-bulls and buy and hold investors have likely made few returns this year. The 70 RSI is the near term overbought resistance on the $SPY chart. The 200 day
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Here’s Why Trading Stocks Is So Hard 7 Lessons I Learned from 7 Years of Trading PTJ on being on the right side of the trend What Traders Can Learn From A Professional Gambler About Managing Emotions Bulls vs Bears: Will Short Interest Be The Deciding
5 Great Trading Articles 10/17/15 Read More »
Year-to-date: $121 billion out of stock mutual funds $125 billion into stock ETFs http://t.co/8T4zUno2xO pic.twitter.com/7pCxWVoNNZ — Downtown Josh Brown (@ReformedBroker) October 16, 2015 Oh no. That’s it. The scary monster pattern is forming: http://t.co/XRdZAHXqDp $SPY $SPX pic.twitter.com/ezV08XkoS7 — StockTwits (@StockTwits) October 16, 2015 The year-to-date performance of Amazon vs. Walmart $AMZN +75% $WMT -28% CHART:
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