“I think investment psychology is by far the more important element, followed by risk control, with the least important consideration being the question of where you buy and sell.”– Tom Basso The financial markets are strange environments. Unexpected events commonly occur while the sure thing rarely happens. The best times to buy low is usually […]
You Can Have an Emotional Advantage Over the Markets Read More »
Trading Habit #14 “Successful trading is about consistently doing the difficult thing so often that it becomes second nature.” – Richard Weissman The easy trade is usually the losing trade. When a trader feels the most comfortable entering a trade to get on board a trend it is usually close to the end. It is
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Price traded below the 10 day ema for the last 4 trading days settling into a trading range. Last week traded on lower volume all week. Profit taking: Previous peak resistance continued to hold at $278 last week. Current short term support is $273.50. $SPY has traded around the 20 day EMA, finding some buyers
Profit Taking on the $SPY Chart 6/24/18 Read More »
This is a Guest Post by AK of Fallible AK has been an analyst at long/short equity investment firms, global macro funds, and corporate economics departments. He co-founded Macro Ops and is the host of Fallible. In this video we’re going to discuss how Ray Dalio created his investment strategy and how you can use the same principles
Ray Dalio Trading System Explained Read More »
This is a Guest Post by Gary Spence, CEO of Yotta Laboratories. Blockchain was initially created to foster trust between online users and have them share highly confidential and valuable data in a secure platform. Blockchains are quite capable of defending themselves, using advanced mathematical algorithms and the latest security software to keep prying eyes from
How the Blockchain Will Keep Your Data Secure Read More »
This is a Guest Post by AK of Fallible AK has been an analyst at long/short equity investment firms, global macro funds, and corporate economics departments. He co-founded Macro Ops and is the host of Fallible. Tony Robbins, the famous motivational speaker, also gives trading advice? Yup. He’s the performance coach billionaire investors go to in
Tony Robbins’ $1,000,000 Trading Advice Read More »
Bitcoin possesses the same characteristics as money: durability, portability. acceptability, limited supply, divisibility, and uniformity. There is no commonly accepted physical coin that represents Bitcoin. Bitcoins can be converted to other currencies. No one person controls Bitcoin it exits on a Blockchain. Bitcoins are kept in software wallets. The maximum amount of Bitcoins will be
A Beginner’s Guide To Bitcoin & Blockchain Technology Read More »
Trading Habit #8 Bull Markets have no long term resistance, and Bear Markets have no long term support. After a Bearish market environment many sellers and ‘weak hands’ get washed out of the market during the process of lower lows over a long period of time. During a 20% drop in prices into a bear
When Resistance and Support Do Not Matter Read More »
Here are fourteen common steps on the path to profitable trading. You start trading with a lack of knowledge, not even knowing the right questions to ask. Your trades and results are random. You lose money and learn that every trade is not going to be profitable. You try to follow gurus thinking they can
The Journey to Profitable Trading Read More »
This is a Guest Post by AK of Fallible AK has been an analyst at long/short equity investment firms, global macro funds, and corporate economics departments. He co-founded Macro Ops and is the host of Fallible. Failure in trading can actually be a GOOD thing. Don’t believe me? Well you don’t have to take my word for
How to Recover From Trading Failures Read More »