Some of my best trades were when I came into the morning wanting to go short if key support levels were lost. I really thought I was about to get a big short play but ended up going long as the […]
Good Traders Bend to Price Action, Bad Traders Are Broken By Their Own Opinions: Read More »
Someone on social media suddenly demanding to see a personal P&L to prove a trader is real is just silliness. Real world rules apply on social media. If a perfect stranger suddenly walked up to me and demanded to see
My Feedback to the Trading Trolls On Social Media Read More »
The 10 Dumbest Things I Used To Do As A Trader I attempted to swing trade the March 2000-2002 melt down that was in a down trend. I went long with in days of the bottom in March of 2009 but was shaken out
The 10 Dumbest Things I Used To Do As A Trader Read More »
The long term stock market up trend from 2013 is still firmly in place. The last two days moves in $SPY was a very strong bounce off an intra-day bottom at the 30 RSI. A confirmation of a possible short term trend back up to all time highs would be a break and close
10 Chart Observations $SPY $DIA $QQQ $VXX Read More »
When I unfollow someone on twitter it is nothing personal, that account just does not match my style of trading and is not helpful to me in my learning and growing as a trader. I really lean towards the big picture in trading with risk management, trader psychology, and robust systems. I believe
10 Reasons I Unfollow People On Twitter Read More »
@SJosephBurns @TraderHMS @tradewithpete “dancing” “blowout” “exploding” are some of the emotional words used on a stock moments ago @CNBC — Peter (@Trendanoid) February 7, 2014 If you look at charts enough you see patterns that resolve a certain way a high % of the time thats not really teachable Im sure you agree.
Tweets Of The Week 2/7/14 Read More »
For anyone watching the Super Bowl Sunday we got to see a #1 ranked defense completely shut down a #1 ranked offense. In Super Bowl history 5 times a defense ranked #1 in the regular season has faced a team ranked as the #1 offense
10 Reasons Why Great Defense Wins Super Bowls & In Trading Read More »
You Will Eventually Blow Up Your Trading Account If…. You consistently trade huge position sizes in volatile trading vehicles. You enter a trade with no exit strategy. You care more about being right than making money. Your emotions fluctuate wildly with your
You Will Eventually Blow Up Your Trading Account If…. Read More »
Looking back at my early success in the stock market in the late nineties and even in the early 2000’s with the level of knowledge I had then at first glance at my returns I thought I was just lucky. However
Ten Personality Traits That Have Always Saved My Trading Read More »