Trading Psychology and the Risk of Ruin Why The Trading Industry Fools You About Technical Analysis Wall of Worry is up High for 2015 Two Benchmarks for Momentum Trading Twitter: Quality Follows
5 Top Trading Articles 1/10/15 Read More »
Not Bearish..to clarify if you didnt understand the tweet "If we do not Hold" that means on a closing basis not some random noise MM BS — DK1 (@canuck2usa) January 9, 2015 I'll leave it at this: Trading is about finding good r/r setups..means odds in ur favor…doesn't mean u can't lose. Good odds is
Top Tweets of the Week: 1/9/15 Read More »
“Losing a position is aggravating, whereas losing your nerve is devastating.” – Ed Seykota In my experience there are three components of trading that have to be managed correctly for the trader to be successful. There is risk management, system management, and mental management. I believe that the majority of the 90% of traders
The Risk of Mental Ruin for Traders Read More »
With all the fancy charts, fundamental analysis, and experience with price action, you would think that the majority of traders would be profitable. The sad fact is that most are not successful. The majority of all traders contribute to the profits of the minority that are profitable. Even seemingly successful firms like Amaranth and
10 Reasons Traders Lose Money In The Market Read More »
Among the mistakes of the new traders that never make it to profitability is the fact that they never develop a filter to enable them to see what really matters in the financial markets. Much of what a new trader is exposed to is just pure noise. Noise does not lead to making money, it
Focus On Signals & Tune Out Noise Read More »
Here is a recap of my recent swing trade in $SPY step by step: $SPY has been in an up trending bull market for years above the 200 day moving average and it has been making new all time highs. So the best odds for me is to trade the long side primarily. The
My Recent $SPY Trade December 2014 Read More »
Price is still above both the 50 day and 200 day moving averages and both longer term movign averages still slanting upwards signaling the long term up trend remains in place. The short term uptrend has lost momentum with price currently at the 5 day ema and under the 10 day sma. The 5
10 Facts: $SPY Chart 1/4/15 Read More »
The most important thing you need to know about commodities Best Practices in Trading: Risk Management Why 2014 was a great year for the patient investor An Introduction to Decision Making Tips On How To Finally Turn Your Trading Around
5 Top Weekend Reads: 1/3/15 Read More »
Trading 101: Have a trading plan. Cut losers. Ride winners. Don't over-trade, in size or frequency. Respect and manage risk. No ego. — LTentarelli (@LMTentarelli) January 1, 2015 1. Believe in Yourself 2. Control Risk 3. Patience 4. Humility 5. Reward — DK1 (@canuck2usa) December 31, 2014 The bottom of your monitor is not a support level — the Bachelier (@three2thirty) December 30, 2014
Top Trading Tweets: 1/2/15 Read More »
As we all reflect on 2014, it is important to ask ourselves what we learned from the choices that we made while trading. The best way to do this, is to choose your most successful trade and your worst trade of the year. By dissecting the specific actions you took during your trades,
2014 Trading Recap Read More »