I entered $TQQQ at $83.13 based on the $QQQ chart as it broke above the 50 day sma. This has been a profitable buy signal over the past 4 years. My stop was a close below the 50 day sma. With the first gap and go I moved my stop to a close below […]
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Charts courtesy of stockcharts.com and @361Capital These are the kinds of charts that can trick so many because the only selling pressure at all time highs is the pressure to take profits. The longs aren’t being stopped out for losses if they are placed correctly outside the normal intra-day price noise. The pressure
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20 Mind-Boggling Facts About High Frequency Trading (Infographic) Optimizing your mental trading system Survivorship Bias: Trend Following Clarification The Secrets I Learned from Jesse Livermore Warren Buffett’s 5-Step Process for Prioritizing True Success (and Why Most People Never Do It)
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@SJosephBurns on vacation so i put some position trades on, best returns ever, boy do i screw things up when i sit in front of my computer. — Pearlstein (@zoloftrader) November 1, 2014 @SJosephBurns I love people who argue who don’t have skin in the game…I’m showing you where I’m putting my $…What are you
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Trading Rules From A Professional Trader: Richard Weissman 20 Golden Rules For Traders by Alan Farley Dan Zanger’s 10 Golden Rules The Art of Trading: Golden Rules. From @TraderStewie Dennis Gartman’s 22 Rules of Trading
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As traders, we try to do constructive things that build faith in ourselves, and confidence in our trading systems. We want to stay on the right path and not wander into the wilderness of destruction. Here are the seven things that we must be cautious of for the sake of profitability. Blaming outside
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Chart courtesy of stockcharts.com The 50 day sma was broken and closed above which is a buy signal. The 200 day was broken and closed above today which is a buy signal. The MACD is bullish $IWM has been trading above the 10 day sma for 8 trading days. The momentum has been
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“A triathlon is a multiple-stage competition involving the completion of three, continuous, and sequential endurance disciplines. While many variations of the sport exist, triathlon, in its most popular form, involves swimming, cycling, and running in immediate succession over various distances.” – Wikipedia Trading is a three-dimensional competition that requires the management of three continuous, simultaneous,
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Charts courtesy of stockcharts.com Last week suddenly the fear was turned off and the greed was turned on. The Ebola bottom held with an inter-day loss of the 30 RSI and the close back near that level by end of day. Bearish signals continue to be bullish in this relentless bull market. $SPY &
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PAUL TUDOR JONES: Commodities Will Be Ugly Until At Least 2020 Why Your Trading Strategy Is Still Good After 10 Losing Trades (Infographic) Markets don’t always react the way investors expect, so I focus on what is actually happening Keep an eye on your portfolio heat What is Different About This Market?
Articles For Weekend Reading 10/25/14 Read More »