Momentum trading is generally used to capture strong moves in short time frames usually for not more than a few hours or a few days. Generally momentum traders are very focused on only a few trades at a time at most and scan a large watch list for a few signals. Trend followers by contrast […]
Momentum Trading Vs. Trend Following Read More »
The long term uptrend stays in track as momentum slows and small pullbacks take hold. Currently this market environment currently still favors buy and hold investors, trend followers of the long term uptrend, and swing traders from the long side during pullbacks. Buying strength or momentum on the indexes has just not worked for most
10 Fast Facts About The Current Stock Market Environment $SPY $QQQ $IWM Read More »
Technical Analysis 101: Defining Support and Resistance Random stock picking will beat S&P: Fund manager The Single Best Predictor of Sustained Trading Success The Best First Investment You Should Make “What have you done for me lately?”
5 Great Trading Articles for Weekend Reading Read More »
After spending many years on twitter and facebook watching many traders in action I have to say these five traders are some of the very best I have every seen in real time over a long period of time. They are great at going with the flow of
Five Real Deal Trading Denizens On Twitter Read More »
The two key drivers of success in any endeavor is passion and hope. Passion creates the energy to do what we need to do to get to where we want to go. Many times money is just the side effect of
Two Key Drivers To Success Read More »
Two of the biggest indicators of success in life is the ability to say no to yourself at crucial times and sacrifice your present moment fun and enjoyment for future goals and accomplishments. Self control is the path to getting what you really want out of life while following the natural path of your own
The Two Primary Indicators For Success in Life Read More »
Here are ten bad habits that new traders have to stop to become profitable and success traders. Stop wanting to be right all the time and just settle for being profitable by cutting losses short. Stop trying to predict the future and just focus on entering robust trading signals. Stop taking small profits and
10 Bad Habits Successful Traders Have To Stop Read More »
The long term uptrend in the stock market is still in place. This is not the stright up parabolic move of 2013 where the 5 day ema and 10 day sma worked as a trend filter. This year indexes are trading in a wider range with the 21 day ema and 50 day sma are
Fast Facts About the Index Charts and My Dip Buy Points. $SPY $QQQ $IWM Read More »
Five Reasons Why People Fail In Life Blaming others for your own mistakes, laziness, and bad decisions is a sure path to failure. Success only blooms from the fertilizer of responsibility for yourself and your own results. Arguing with someone when you are wrong instead of learning is a path to failure because instead of
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Since the all time high breakout in May the 21 day ema has acted as end of day support in $SPY and $QQQ. After the 21 day ema support was lost in $IWM in July it has acted as resistance for $IWM. 2014 has been a wider price ranging index up trend than 2013 was
A Key Moving Average I Am Watching & What I See Here Read More »