This is a Trend Following Guest Post by Michael Melissinos Originally Posted April 19, 2016 on his Blog We can approach the markets many different ways. In this article, I’d like to illuminate the trouble with holding onto our investments too tight — that is, not giving them the necessary rope to fluctuate and evolve into a big trend. […]
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$SPY has held its all time high break out so this chart remains bullish long term. Short term $SPY is due for a pullback, the 10 day EMA is one high probability pullback area. $SPY has been in a tight $217.37 resistance and $216 support trading range for seven trading days. The MACD bullish cross is still in place.
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Here’s Why Setting A Stop Loss Is So Important Bezos Surpasses Buffett as World’s Second Richest Man August 15 1971 Changed The Course Of U.S. Economic History Interview With Jack Schwager: Masters in Business (Audio) Three Questions to Ask About Any Market
My Favorite Trading Articles: Week 7/23/16 Read More »
This is the top! (ht @ReformedBroker) pic.twitter.com/KI96kyWYFw — Brattle St. Capital (@BrattleStCap) July 22, 2016 "fear grips Wall Street as the S&P 500 plunges half-a-percent to levels not seen since last Friday" — StockCats (@StockCats) July 21, 2016 stocks are decoupling from:1) oil2) interest rates3) the Dollar4) reality — StockCats (@StockCats) July 20, 2016 This
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I had a recent poll online where I asked traders: “What is the most important element for profitability in your trading?” They had four options. Was it entries? No, entries are not were money is made, it is in the exit with profits (13% votes). So exits are the most crucial? No, size of wins
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Stop breaking your trading rules. Discipline is an edge. Stop trading such big position sizes. Risk management and self control is an edge. Stop trying to predict what will happen next and learn how to react to what is happening. Stop worrying about other’s trades and trade your own system. Stop thinking every dip will be
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Most new traders think their win rate is the most important math in their trading. It is not, you risk/reward ratio will determine your profitability more than a win rate. The reason for stop losses is to limit your losses when you are wrong so you cap your risk. Capping your risk makes it easier
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A detailed step by step analysis of Rolf @Tradciety’s 2 trades Stock Trading 101: Learn to Manage Risk with Position Sizing Stock Trading 101: It’s All About the Process Trading Psychology for the Experienced Trader .@TonyRobbins talks about personal finance, politics and strategy. #MondayMotivationhttps://t.co/fJP5vhXyid — Business Insider (@businessinsider) July 11, 2016
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I get asked a lot how to perform a multi timeframe analysis. I am glad to see that Rolf at Tradeciety has created a great video that explains how to do this with a simple method. This video is from Rolf’s YouTube channel. Rolf is also on twitter.
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One of my all time favorite movies is Moneyball featuring Brad Pitt. What’s not to love? The movie is about how the general manager Billy Bean of the Oakland A’s turns his club on it’s head by using quantified principles to maximize the smaller budget that his team had to work with higher scoring output. Billy Bean hired
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