Trading Habit #13 “Trends never turn on a dime. Reversals build slowly. The first sharp dip always finds buyers and the first sharp rise always finds sellers.” – Alan Farley It is important for traders to understand that trends do not go straight up or straight down they tend to zig zag back and forth […]
The Nature of Trends Read More »
A good trade is one where you followed your process regardless of whether you made money or not. A bad trade is one where you didn’t follow your process regardless of whether you lost money or not. Amateur traders make one big mistake at the beginning. They get all wrapped up in their trading results
Process versus Outcome Read More »
This is a guest post by Faris Sleem @TradeWithTechs. This article originally appeared on his website at www.tradewithtechs.com and is republished here with permission. Benefits Trend trading is one of the most common trading methods due to its success. Personally, I trade continuation chart setups for stocks in a strong bullish trend. Ideally, you are trading a
Ed Seykota is a legend in the trading world. His ability to produce consistent returns for decades, and his masterful growth of his client’s accounts has earned him a place of distinction. But who inspired this Market Wizard’s trading methods? Richard Donchian Richard Donchian didn’t begin his successful trend following system until the age of
Richard Donchian Trading Rules Read More »
This is a GUEST POST by Steve LeMoine and was originally posted at JackRabbitTrader.com and is reposted here with permission. Throughout a trading career there are always going to be a series of obstacles in your path to profitability. Most of them can be overcome with a little practice but one that always gave me
Let the Winners Run using the Weekly Chart Read More »
Buy and hold is the mutual fund companies Holy Grail of making money in the stock market not the investor’s. Buy and hold investing is a strategy where every day is a buy signal no matter what; there is not a real exit strategy after you buy, and you take all the risk while your
Buy and Hope Is Not a Strategy Read More »
After a lot of attention being given to trends recently, Colibri Trader decided to compile a thorough guide. You will find a few different techniques on how to define whether a market is TRENDING (up or down) or TRADING (or in other words in a range). This is a Guest Post by: Colibri Trader @priceinaction. This article
Guide to Defining and Trading the Trend Read More »
Here is an great video put together by Trend Following Author Michael Covel covering the winning principles used by the world’s greatest traders. These are not theories or opinions these are the common principles used by these rich traders. This is the kind of video where the viewer may get that aha! moment and then truly
25 Trend Trading Commandments Read More »
Survivorship bias, or survival bias, is the logical error of concentrating on the people or things that “survived” some process and inadvertently overlooking those that did not because of their lack of visibility. This can lead to false conclusions in several different ways. – Wikipedia There is survivor bias in looking at trading and investing
Who Really Beats the Market? Read More »