Well, 2013’s most robust strategy has been simply to buy and hold an equity index. This whole year has been nothing but a big massive break out of the 2000-2013 trading range and a very hated bull market all year. This whole year’s equity market has simply been all about swing trading off bounces […]
The BIG 13 Year $SPY Chart & Facts About the Daily One Read More »
I do not think traders really start making money until they really mature as traders and understand the big picture. I have been on this journey myself and went through the wild excitement of the the internet bubble, day trading and the experience of making a few hundred dollars in a few minutes the
How To Be A Grown Up Trader Read More »
There is a difference between a “bubble” and “bull market” — MX1 (@TradetheLeader1) November 16, 2013 Trading is a business. What’s your niche/edge(s) separating you from the graveyard of failed trading careers? Quantify this answer. $study — R2 Ray C. Freeman (@R2RayCFreeman) November 17, 2013 “When you have confidence, you can have
My 15 Favorite Trading Tweets of the Week Read More »
Making mistakes in your trading is not cheap. Here are the ten most expensive things a trader can do. This does not apply only to new traders, even professionals with long track records can make these fatal flaws and
The Twelve Most Expensive Things a Trader Can Do Read More »
The trader that rejects risk management and thinks they do not need it discover sooner or later that they did. A trader can be successful for periods of time ignoring their risk exposure and their probabilities of the risk of eventual ruin. However they learn that they were just mortal and the trading gods will
10 Reasons Risk Management is Essential to Profitable Trading Read More »
Dis·ci·pline : a way of behaving that shows a willingness to obey rules or orders. Discipline is a key element of successful trading, nothing works in trading without the ability to stay focused and take the right action at the right time. We must take our entries when we get the signal. We
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There is only one way to avoid losing trades: Quit trading. If you want to keep trading then you will have many losing trades on your path to profits. Learn to accept them and not emotionally over react to any one losing trade. Here is how I do it: 10 Reasons I Do Not
10 Reasons I Do Not Regret Any One Trade Read More »
“Bear markets have no supports and bull markets have no resistance.” –William Eng Wednesday was a perfect breakout entry signal for me after the bounce off the 20 day that closed above all time highs. Since we are now at all time highs there are no stop losses or trailing stops to be hit
10 Facts About the $SPY Chart- 11/17/13 Read More »
In the past few years I have been on social media I have had the privilege of interacting with many great traders. Some communication has been through facebook messages, some through my trading group, others on twitter. Here are the traders that I have witnessed make profitable trades on a consistent basis through
The 3 Best Traders I Have Seen On Twitter Read More »
— Steve Burns (@SJosephBurns) November 14, 2013 Senator asks Yellen “How long can these programs go on?” “On and on til the break of dawn.” — Downtown Josh Brown (@ReformedBroker) November 14, 2013 “I believe that supporting the recovery today is the surest path to returning to a more normal approach to monetary policy.”
Tweets of the Week – 11/15/13 Read More »