Is technical analysis bullshit? Many people will dismiss technical analysis as useless before doing the homework to even fully understand what it is or how it should be used. Dismissing technical analysis as bullshit after hearing that academics dismissed it in a paper is like saying no one can make any money in the stock […]
Is Technical Analysis BS? Read More »
“It’s a big club, and you ain’t in it.” – George Carlin The long term trend of the stock market is up. Not individual stocks, as some go up 1,000% and others go to $0 over the years. However, equities as an asset class tend to go higher over five and ten year periods most
It’s a big club and you ain’t in it Read More »
Look for a mission in life not a job. “Choose a job you love and you will never have to work a day in your life.” – Oriental proverb A career has a path where education and experience leads to growth in value and pay. A job can be any place you go to receive
This is a Guest Post by Jake @TrendSpider In this weekend blog post, you will find our “Top 5 TrendSpider Charts This Week”, weekend analysis, and the link the this Sunday’s event! Make sure to check out our Sunday Event, “Lesson’s From Volatility Masters” this weekend starting at 10 AM EST!
Current Stock Chart Patterns on SPY QQQ and IWM Read More »
Ray Dalio designed an asset allocation that is supposed to be able to weather any economic storm, manage risk exposure, and make steady returns over the long term. He calls it the All Weather Portfolio and it diversifies by holding multiple asset classes: bonds, commodities, and stocks. Tony Robbins first made this portfolio popular in
The Ray Dalio All Weather Portfolio Read More »
This is a guest post by Manu Shoker of manushoker.com. Why Trading and Investing are so Fundamentally Different There is a popular misconception that trading and investing could be used interchangeably with one another. But as professional traders and investors can attest to, they are both radically different. It’s easy to mix the terms when both
Investing vs. Trading: What’s the Difference? Read More »
With the endless choices of podcasts on investing to listen to in 2020 I thought it would be helpful to recommend five that I enjoy and think bring great value and information to listeners. These five are a great place to start and listen to a few episodes and see if they align with your
Best Investing Podcasts in 2020 Read More »
“Hard work beats talent when talent doesn’t work hard.” ― Tim Notke There are plenty of people with talent. There are people born with some innate talents naturally over others. As someone enters higher levels of competition whether in sports, business, academics, or investing, talent is not enough. All your competition has some level of skills and
Hard Work Beats Talent Read More »
Financial freedom is achieved when you have created enough wealth and/or cash flowing assets to live on and no longer need to depend on a paycheck as an employee. You are then financially free from a job, a boss, and a company. There are many ways to make a living in the 21st century other
Steps to Financial Freedom Read More »
What is Positive Expectancy? The closest a trader can hope to come to a “Holy Grail” of profitable trading is a trading system with a positive expectancy. A trader’s focus should not be on predictions, stock picking, opinions, or being right all the time. The best focus is on creating a quantified system with an
The Positive Expectancy Formula Read More »