They could not handle the losses. Some could not handle losing money at all, others chose to not manage risk and the big losses ruined them financially and they had to stop trading. Or the big losses ruined them mentally […]
7 Reasons Why Those 90% Of New Traders Never Made It Read More »
22 Bollinger band rules–> BollingerBands.com How to use the RSI Relative Strength index–> StockCharts.com
Bollinger Bands, Candlesticks & RSI Read More »
We had a very bullish ‘V’ shaped bounce at the $174 price level right at the 30 RSI level last week that is bullish. We are in striking distance of the $SPY all time high next week. The odds are that we get there next week. This move off the lows has become parabolic
10 Fast Facts About The $SPY Chart Read More »
@SJosephBurns I guess all of the bears are dead now. — FEYE (@30Min_CrossOver) February 14, 2014 @traderstewie buy the ducking fip! — △ (@mnycx) February 14, 2014 I agree completely. Less to focus on = more focus. Better to be master of a few than medicore at many. @SJosephBurns — SystemsTrader95 (@SystemsTrader95) February 14, 2014
My Favorite Trading Tweets of The Week Read More »
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
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