“There are really four kinds of trades or bets: good bets, bad bets, winning bets, and losing bets.” – Larry Hite Hite explains that good and bad trades are independent of winning and losing trades. Therefore, a winning trade wasn’t necessarily a good trade, and a losing trade wasn’t necessarily a bad trade. There are […]
Four Types of Trades Read More »
These quotes are from Jack Schwager’s interview with Linda Raschke from The New Market Wizards. “The truth is that once you get down on the trading floor, you find that the traders come from all walks of life. You don’t have to be a rocket scientist to be a trader. In fact, some of the
Market Wizard Linda Raschke Trading Principles Read More »
2015 index ETF returns are at $SPY +2.19% $DIA +0.71% $IWM -0.33% and $QQQ gained +11.18% thanks primarily to $FB $AMZN $AAPL $NFLX and $GOOGL year to date. This market has been absent a long term trend in 2015 and until late August it did not even swing widely in price. The stock market
10 Facts About the $SPY Chart 11/8/15 Read More »
US Stock Market Indices: Must Watch Levels In November Moving Averages & the Efficient Way To Trail Stops How to Trade Pullbacks and Breakouts Successfully? Which Is The Best Moving Average? Test Results Reveal The Truth Your need to be right is blocking your trading success
My Favorite Trading Articles Week 11/7/15 Read More »
$FB $AMZN $NFLX if you are constantly short these I'm sorry — DK1 (@canuck2usa) November 5, 2015 $FB $AMZN $NFLX if you are constantly short these I'm sorry — DK1 (@canuck2usa) November 5, 2015 The average age of a financial advisor is 50.9. 73 million millennials are now entering peak earning and spending years. Mismatch.
Top Trading Tweets of the Week 11/6/15 Read More »
Here are four monster stocks that are consuming market share from other companies and systematically pounding their competitors. These are big cap growth stocks that are taking over and consuming other industries, and have the potential for trading with trend using moving average crossover systems. Facebook– The 2nd most popular website in the world is
4 Companies That Are Changing the World Read More »
Create asymmetry in your trading by using stop losses. Profitable trading only happens by making more money than you lose. Big losses are the main cause of not being profitable. Eliminate big losses by cutting your loss when proven wrong. Have a great risk/reward ratio on entry. Give yourself the potential to make two
10 Habits of Highly Profitable Traders Read More »
As Jeff Bezos built Amazon into the biggest retailer in the world by market cap, his focus was not on the short game of quarterly earnings to please Wall Street, or small challenges and obstacles that arose from day to day operations. His focus was on the long game, conquering the publishing and retail world—the
Playing the Long Game Read More »
$SPY $QQQ and $DIA ran into resistance at the 70 RSI. The risk/reward favors a pullback here. $SPY $QQQ and $DIA found support at the 5 day EMA on Friday at close. $QQQ is the leading index and $IWM is the laggard. $IWM had a failed breakout over the $116 resistance and price ended
10 Facts About the Market Indexes 11/1/15 Read More »
