Seventy one years ago, on Thursday, November 28, 1940, Jesse Lauriston Livermore, entered the Sherry Netherland Hotel where he took a seat near the bar and enjoyed a couple of old-fashioned. After an hour Jesse Livermore got up and went in the cloakroom, seated himself on a stool, and then shot himself in the head […]
The Greatest Trader Who Ever Lived: Jesse Livermore? Read More »
At 56, Paul Tudor Jonesis a self made billionaire with a net worth of 3.3 billion and is ranked as the 336th richest person in the world, he knows exactly how to trade the biggest money for the biggest returns. One of Jones’ earliest and major successes was anticipating and trading through Black Monday in
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Each year as trader’s we have the opportunity to close out a year, log or annual return, and begin again. Let’s put 2011 behind us regardless of how well or bad we did and begin again with the lessons the markets taught us in 2011 and previous years. Here are ten ideas for New Year’s
Ten Great New Year’s Resolutions for Traders Read More »
‘Twas the week before Christmas, when all through the markets Not a stock was volatile, not even a financial; The stocks were all traded with care, In hopes that St. Nicholas soon would be there; The traders were bullish all snug in their bets, While visions of profits danced in their heads; And the ECB
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Has Apple become just to big to grow? Has this monster stock finally ran its course? I think not, it is taking over newly created markets like tablets not losing them. Their iPhone and iPod changed the world. They are the company to beat in both fundamentals and technicals. While I trade the price on
Ten Reasons I am long Apple Read More »
Ron Paul could not only do wonders for this country by keeping us out of wars that are fought for questionable reasons, allow producers to benefit from their own labors, and fight for the freedom of citizens and against the government seeking to invade our lives with endless laws and regulations. He would be great
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Many new traders launch into trading with great excitement and with an urgency to start making money right away. To this I would like to say , whoa there cowboy. There are many things to consider. The markets are not an easy place to make money at will, it is a zero sum game. Which
The Top 10 Mistakes New Traders Make Read More »
While the generally accepted definition of a bear market is a 20% decline over a two month period. I am referring to just being bearish, believing the market will go down, seeing signs of a down trend before you are sitting with a 20% decline in your accounts or more while holding what were market
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Forgot about your opinions and feelings, what is the SPY chart saying? We are in a bearish stage in the S&P 500 exchange traded fund SPY. Bulls are currently trapped under the 50 day and need enough buyers to overcome this line. If they are successful then the 200 day simple moving average will still
SPY what is the chart saying? Read More »
The good news for Apple investors is that it is one of the hottest companies in the world and should continue to grow as it continues its dominance of the tablet market. The bad news is that everybody already knows that. The chart of Apple is one of the clearest due to the massive volume
AAPL Listen to the Chart Read More »