Saturday morning $STUDY session. Great piece on how to think about position sizing by @ivanhoff http://t.co/WuudtuctLB — Dave Kelly (@EVplusEV) May 9, 2015 The Buffett Formula — How To Get Smarter http://t.co/4Cqovdy4Mh pic.twitter.com/OC2bZarsCI — Shane Parrish (@farnamstreet) May 9, 2015 My @Forbes interview with Charles Kirk and why tenacity is key to trading success: […]
5 Top Trading Articles: Week 5/9/15 Read More »
How do we know people shorted into the hole? Sentiment. Here was sentiment on $RUT futures yesterday. pic.twitter.com/qTe1dwnqMF — Northy (@NorthmanTrader) May 8, 2015 Ahh, the good ole days. That doesnt work anymore Ralphie boy, that's so 90s. These days u buy the flush. #BTFD https://t.co/93oKhnVzip — JE$US (@WallStJesus) May 8, 2015 If income inequality
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Jack Schwager has personally interviewed the greatest traders of our time. He has published several timeless classics, among them my favorite trading book of all time “Market Wizards”. I was thrilled when I heard that Mr. Schwager had developed his own technical indicators, and they were available through TradeShark.com. TradeShark was generous enough to set me
Jack Schwagers Technical Trading Tools Read More »
The common held belief in the trading world is that 90% of traders are not profitable long term. This was based off some old studies of brokerage accounts. I read the original source article long ago in a trading book that referenced it. Other more recent studies seem to have found that the failure rate
30 Reasons Most Traders Don’t Make Money Read More »
Thou shalt have no opinion other than price action. Thou shalt not make for yourselves any prediction, forecast, hope, or fear that causes you to trade against the market’s trend. Thou shalt not deviate from your written trading plan or trading rules. Remember your original stop loss to keep your losers small. Honor your entry
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“You adapt, evolve, compete or die.” – Paul Tudor Jones Learning to trade is an evolution of trader and system. You have to continually learn and grow as a trader. The markets are dynamic and we must continual learn to refine our system. Our losses must be our lessons, our wins must be our
Trading Lessons I Learned the Hard Way Read More »
Over the past four months, $SPY has primarily been in a $203.50 support and $212.00 resistance price range. $SPY is only up 2.52% year-to-date, which creates little room for trend trading or swing trading. This year’s gains in $SPY have come from buying the deep dips and selling into strength. Selling stock index ETFs
10 $SPY Chart Facts: 5/3/15 Read More »
Stop making unnecessary mistakes. 9 tips to improve your risk management – http://t.co/nOYVZah1t1 — Tradeciety – Rolf (@Tradeciety) May 2, 2015 How we can succeed at trading by not trading: http://t.co/3ESr9tL8lQ $STUDY @PeterLBrandt #tradingpsychology #trading — Brett Steenbarger (@steenbab) May 2, 2015 Trade Setups: Understanding the Backtest http://t.co/jw73veRRhN by @andrewnyquist $STUDY — See It
Top Trading Articles: Week 5/2/15 Read More »
The big money is made by holding positions not daytrading — DK1 (@canuck2usa) May 1, 2015 Best thing I read today: “Money managers aren’t paid to forecast. They are paid to adapt.” — Henri Simoes, trader (@TraderHMS) April 30, 2015 There are 3 situations the market bottoms in: 1) You sell it. 2) You
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Trading is difficult because no method, system, or style works in all markets, all the time. Profitability is primarily a result of losing small when you are wrong, and maximizing profits when you are right. Knowing and trading your edge is the best path to profits. Here is who makes (or loses) money in different
Trading Methods That Lose Money Read More »