Here are the life principles that made Warren Buffett so successful in life, business, and happiness. He has explained them in his own words over the years. Start building wealth as early as possible. “Life is like a snowball, all you need is wet snow and a really long hill.” – Warren Buffett “On me […]
Warren Buffett: Advice For Young People Who Want To Get Rich Read More »
This year Charlie Munger had a lot to say at meetings and in interviews about his outlook for the economy, inflation, currencies, and geopolitical risks. Here are some really stunning quotes that the legendary 98 year old investor gave about the current situation and the future risks. Charlie Munger Predictions “When I was at the
Charlie Munger Predicts a Horrible Economic Crisis Where Everything Will Collapse Read More »
Michael Burry has been bearish on the stock market and the economy for over 18 months now. He made some big bearish bets on both Tesla and Cathie Wood’s Arkk ETF using long put options but was too early in both positions and had to exit them with losses. He has grown incredibly bearish with
Michael Burry Just Sold His ENTIRE Stock Portfolio Read More »
A list of the current highest short interest stocks can be a great place to look for potential deep dip value buys. The most shorted stocks on major U.S. stock exchanges is also a good list to watch and stay updated on for potential short squeeze opportunities. The higher the short interest percentage rises in ranking on
How To Find Epic Short Squeeze Stocks Read More »
Many brokers have reported over 90% of new traders fail to make money. Like in most professional endeavors the majority of people that start are not successful. Whether it’s professional sports, law degrees, or medicine if you start from the beginning you will see that few finish the journey to the end. Trading is not
Top 10 Day Trading Mistakes YOU NEED TO KNOW Read More »
The most popular two moving averages on daily charts are the 50-day and the 200-day moving averages. They are the default settings on many charts. When these two crossover on the charts of stock indexes like the S&P 500, NASDAQ, or Dow Jones Industrial Average this is even reported on the financial news. The Golden
Best Moving Average Crossover Combination Read More »
For price action traders, the movement of price itself is their primary signal for taking entries and exits. They let momentum, the trend, and movement filter their trading decisions. A price action trading strategy is a process for using new incoming and evolving price action data to make buy and sell decisions on a watch list
5 Price Action Rules EVERY Trader NEEDS To Know Read More »
I have studied all the most successful traders in history along with the more modern market wizards and trend followers. Here are six of the qualities that I have found in common with all of them. FOCUS Ability to focus their thinking into an edge. Rich traders can have different mental skill sets whether it’s
Trader Psychology: Every Elite Trader Has These Six Qualities Read More »
The options market presents both great opportunities for gains but also the potential for the risks of losses. Here are ten things that I learned quickly through experience that all new traders should understand before they start trading options. 1. Short options have unlimited risk when they have no hedge. It’s important to understand the
Options Trading Tips: Ten Things I Wish I Knew Before I Started Trading Options Read More »
There is a big difference between saving, investing and speculating with money. Savings is putting money away safely for future use in a low interest account. Investing is putting capital into an asset of value for either potential cash flow or appreciation. Speculating is betting on an asset increasing dramatically in value mostly due to
The Difference Between Saving, Investing, and Speculating Read More »