Single trades mean nothing outside a trading system that is executed consistently with discipline and risk management. One trade can be as much luck as skill. Any single trade entry has a 50/50 chance of moving in your favor on entry and being a short term winner. 10 Reasons Why Short Term Results Mean Nothing: […]
Why Short Term Results Mean Nothing Read More »
$SPY failed to break out of all time highs last week. $SPY has gone no where for a year back to the same price levels of early 2015. $SPY is still holding over the long term the 50 day and the 200 day moving averages. RSI is near neutral at 50.32. $SPY had a reversal
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If you want a million Dollars trading, don’t focus on the money. Do this instead…. When the Markets Are Volatile, Sometimes the Best Thing to Do Is Nothing Why People Overestimate the Risk of Black Swan Events Unmasking the Men Behind Zero Hedge, Wall Street’s Renegade Blog The Full Story Behind Bloomberg’s Attempt To “Unmask”
Top Trading Articles: Week 4/30/16 Read More »
As wretched as I’m sure many of you are, trading is a profession that will require you to improve yourself as a person in order to succeed. — Walter White (@BreakingOutBad) April 29, 2016 The best traders have strong patience and excellent market timing. Focus on each of these to decrease your trade quantity, increase
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The old darling of the last bull market Apple’s chart has lost it’s way. Apple’s only sin was to not set a new earnings record. Carl Icahn then piled on announcing he had exited his Apple stock completely today. To say this sell off is overdone is an understatement from a fundamental and technical perspective.
2 Stocks Near Support Levels $AAPL $TWTR Read More »
Options are simply trading vehicles. The level of their risk is correlated to your position size and the odds of success in your timeframe before the contract expiration. The same principles of profitable trading apply to options that apply to the rest of the financial markets. The difference is that with option contracts to represent positions you
The Basics Facts about Options Read More »
“There are just four kinds of bets. There are good bets, bad bets, bets that you win, and bets that you lose. Winning a bad bet can be the most dangerous outcome of all, because a success of that kind can encourage you to take more bad bets in the future, when the odds will
The Anatomy of a Good Trade Read More »
$SPY is bullishly above all key moving averages. The $SPY 50 day/200 day golden cross is historically bullish. The MACD is showing a bearish cross and beginning to go sideways here showing a trading range. The slow stochatistics is still under a bearish cross here. The ATR continues to decline which is bullish. The 63.62 RSI
Sideways $SPY Chart Facts 4/24/2016 Read More »
Taking a close look at Rolf of Tradeciety’s 4 trades of last week S&P 500 May Be Headed To New All-Time Highs – Here’s Why Limiting Your Challenges vs. Challenging Your Limits Don’t be this guy How to use candlestick patterns to identify stock market early reversal signals
Top Trading Articles: Week 4/23/16 Read More »
When asked what it feels like to be the best guitarist alive, Eric Clapton said, "I don't know. Ask Prince." — Justin Paterno (@zerobeta) April 21, 2016 Uber just overtook rental cars as a % of business travel expenses. Hertz and Avis have denied this possibility.https://t.co/viqHrsNJIr — Downtown Josh Brown (@ReformedBroker) April 21, 2016 McDonalds
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