The VIX Is Not A Great Way to Measure Complacency 12 Things I Learned About Life From Daytrading Millions Of Dollars Why technical analysis is shunned by professionals Notes from The Disciplined Trader: Developing Winning Attitudes by Mark Douglas Hunter S. Thompson’s Brilliant Life Advice On Finding Your Purpose And Living Meaningfully
Five Trading Links For Weekend Reading Read More »
Let’s be honest. Today was really not a day to trade anything. Enjoy the weekend and we should get better action next week. Risk management, Discipline, Willingness to pull the trigger. Apply these to a positive expectancy model & I don’t see how you would fail. — Trade Like a Casino (@TradeLikeCasino) June 13,
Tweets of the Week – 6/13/14 Read More »
https://www.youtube.com/watch?v=ajMpfPYlHi4 https://www.youtube.com/watch?v=8yscLSJvkRw https://www.youtube.com/watch?v=Pxrzv4jh0M8 https://www.youtube.com/watch?v=rY4uvgSpXwQ
Trader Recharging Area–> 17 Minutes of Caffeine For the Trader’s Soul Read More »
How many years of work are you willing to put in to be a successful trader? What percentage of returns on capital is your annual target? What is the maximum percentage of draw down you are willing to endure? How big is the bid/ask spread on your trading vehicle? What percentage of it will make
The 15 Key Numbers A Trader Better Know Read More »
This is not a prediction it is just a list of things to look for as possible signs before a market rolls over. Alone these are just possibilities but the probabilities increase as more of the signs are in place. When the RSI gets near 70 on the daily chart for a stock index ETF,
10 Signs of a Short Term Market Top Read More »
Forex bucket shops that pretend to be brokers but really trade against you. Many times killing accounts with big bid/ask spreads. Using attractive female photos to push some service off on traders. Trading newsletter writers that don’t even trade. They issue a lot of buy signals then cherry pick the winners to tout to the
10 of the Biggest Con Artists in the Trading World Read More »
$SPY spent 2014 primarily range bound before its recent break out. The 5 day ema has been end of day support for the past 12 days. The 50 day sma has been support since late April. $SPY has broken and closed above the 70 RSI for the second time since year. $SPY is up
Ten Fast Facts On The $SPY Chart & Stocks Read More »
Trend following does not work on stocks The Pro’s Process with Richard Weissman 5 Habits of People With Remarkable Willpower Market Masters: How To Find A Trading Style That Suits Your Personality
Five Trading Links For Weekend Reading Read More »
@GeorgeManiereg @SJosephBurns my proctologist won’t let me trade 3x leverage — martin pfaender (@bigcoveranch) June 6, 2014 @SJosephBurns well maybe I’ll see one in my life time, I have my doubts at this point but who knows. — TraderVA (@NACuser) June 6, 2014 Never fight the Fed or your portfolio turns red $$ —
Tweets Of The Week – 6/6/14 Read More »
I never want to lose more than 1% of my total trading capital in any one trade. I try to put on position sizes where the worst case scenario is a dollar loss equal to no more than 1% of my account. I want to risk 1% to try to make 3% on my capital.
My Risk Management Parameters Read More »