In this video Ed Seykota’s disciple Michael Martin interviews the best selling author of the Market Wizard series of trading books, Jack Schwager. Considered by many the greatest trading books ever written. In Schwager’s newest book “Hedge Fund Market Wizards” he interviews the greatest hedge fund managers in the […]
Market Wizards Author Jack Schwager’s New Interview Read More »
A down trending market is not the same as a range bound market or a bull market.The loss of the 200 day moving average and it not being retaken by the close is a big red flag for the potential beginning of a bear market. Bear markets do not have defined supports they can fall
10 Tips on How I Trade a Downtrending Market Read More »
I love facebook, I think it had all the potential of being a monster stock. Unfortunately, Zuckerberg and company were able to wait long enough, (8 years) and then to issue enough shares (2.14 Billion) at a high enough price ($38) to leave no money on the table for retail investors. Traditionally a growth company
Top Ten Reasons I am Short Facebook Read More »
This book may be one of the greatest trading books ever published. Jack Schwager set about interviewing some of the world’s top traders in 1988 and the principles these traders were kind enough to share has stood the test of time. These were not one year wonders these traders
Market Wizards in a Nutshell Read More »
In the markets there are many different types of traders and many motivations that drive them. Everyone has heard of different types of traders based on their trading method: Swing Traders, Day Traders, Momentum Traders, etc. But what about different types of traders based on their psychology, their very purpose?
10 Types of Stock Traders Based on Their Psychology. Which Are You? Read More »
After 200+ trading books and 13 years of trading that has accumulated some nice 6 figure profits I have many things that I have decided on in my trading. I am a discretionary rule based trend follower. I have found that I have a knack for seeing the big picture
How I Trade Stocks Read More »
If you are interested in trading options the first place you must start is having a basic understanding of what determines there price. Understanding what determines their value and how they move in step with the underlying stock is the first crucial step before you start trading them. Not understanding what can cause sudden drops and spikes in
How Stock Options are Priced Read More »
In 2012 as a recent example I was able to trade the price action in Apple stock from an all time breakout over $390 to $700 and return over 51% on my total trading capital in one quarter. The strange thing was that in 2012 when I was heavily trading the price of the stock I never
How to have more Options In Your Trading. Read More »