This is a GUEST POST from Rolf @Tradeciety. The exciting start Do you remember how you got started in trading? Everything seemed possible, and you were ecstatic about the possibilities that trading offered, but what happened afterwards? This article will help you understand the different phases almost all traders will go through, why they are […]
The Life Cycle of the Typical Trader Read More »
Dean is one of the best traders I have watched in action in real time. I knew Dean before he was on twitter: Everyone has losing trades/gets stopped for loss its all about how you let your winners run on the trades that work. That's harder IMO — DK1 (@canuck2usa) June 2, 2015 My
My 10 Favorite Traders to Follow on Twitter Read More »
$SPY ran into resistance Friday, May 22nd and reversed. $SPY spent all last week under, or being rejected at the key secondary resistance level of $212.70. Near term support is at $210.75, but it’s soft and has been penetrated easily. The next level of support is the 50 day SMA. The RSI at 49.91 shows
10 Facts about the $SPY Chart: 5/31/15 Read More »
Busting 5 Price Action Trading Myths Stock Market Bulls At Critical Juncture; Watch VIX Volatility Index Why should traders/investors STUDY “peak performers” in other fields? (video) Apple (AAPL) Doesn’t Fall Far From The NASDAQ Tree Drawdown Diagnosis: Understanding Why You Are Losing Money #AdviceForYoungTraders has gone viral on Twitter
My 5 Favorite Trading Articles: Week 5/30/15 Read More »
People arrested as part of the DOJ's crackdown on "criminal" US banks: 0 People arrested as part of the DOJ's crackdown on FIFA: 14 — zerohedge (@zerohedge) May 28, 2015 Become an algorithm. #adviceforyoungtraders — Downtown Josh Brown (@ReformedBroker) May 29, 2015 Six things happy people (and traders) never do, via @chessNwine http://t.co/sm4rADbDLj pic.twitter.com/cKhF3sdfJs — Downtown
My Favorite Tweets of the Week: 5/29/15 Read More »
Market Wizard Linda Raschke’s 12 Technical Trading Rules Buy the first pullback after a new high. Sell the first rally after a new low. Afternoon strength or weakness should have follow through the next day. The best trading reversals occur in the morning, not the afternoon. The larger the market gaps, the greater the odds
Linda Raschke’s 12 Technical Trading Rules Read More »
Here are five trading books currently free on Amazon Kindle: Everything You Need to Know About Trading: Tools, Strategies, Automation and More Stock Investing Successfully for Beginners How To Invest: Simple Strategies To Grow Your Stocks, ETF’s, and Futures Stock Trading: Tips for Trading Stocks – From Stock Trading For Beginners To Stock Trading
5 Free Trading Books on Amazon Kindle Read More »
As a Pro student of New Trader 101, and dedicated weekly participant in the live forums that I host, Fred has picked up some tips and tricks that led him to this (if I do say so myself) great trade. 1. On May 7th, $BABA broke
How I Got the Best from $BABA (Guest Post) Read More »
$SPY’s new resistance is at the all time highs of $213.75. The price level support is at $212.50, a close below this level is one sign of the start of a reversal. The near term key moving average support is at the 5 day ema, which shows that we have momentum. We have not closed
Fast Facts About the $SPY Chart: 5/25/15 Read More »
Here are 5 of my past blog posts to get your trading up and running in minutes: 10 Great Technical Trading Rules Moving Average Answer Key 30 Of The World’s Best Trading Rules Be a Trader not a Gambler 40 Best Things Ed Seykota Ever Said