Two things that many new traders and even experienced traders waste their time on is regret and hindsight. They look at charts and see the past so clearly on them, they should have bought here, they should have sold there. Why didn’t they? The charts look so obvious in hindsight. We really should not waste […]
Hindsight is a Parasite Read More »
This is not a prediction it is just a list of things to look for as possible signs before a market rolls over. Alone these are just possibilities but the probabilities increase as more of the signs are in place. These signs do not mean that the market could crash just that it can pullback to
10 Signs of a Near Term Market Top Read More »
This is a Guest Post by Alex @MacroOps which was originally posted here: Lessons From A Trading Great: Stanley Druckenmiller The “greatest money making machine in history”, a man with “Jim Roger’s analytical ability, George Soros’ trading ability, and the stomach of a riverboat gambler” is how fund manager Scott Bessent describes Stanley Druckenmiller. That’s
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The first support for $SPY on any small pullback would be the 10 day EMA. $SPY is over two ATRs from the 10 day EMA and a pullback there would be a normal pullback inside a parabolic uptrend. We should see this next week. Over the next few weeks the next key level for support
$SPY Chart Support Levels: 12/11/2016 Read More »
25 Places To Find Quantitative Trading Strategies https://t.co/n9Tda0iUIi via @marwoodjoe — JBMarwood (@MarwoodJB) November 29, 2016 The only way to correct our own behavior is to create systems. Willpower alone won’t do it. https://t.co/uqHsh0skdf via @awealthofcs — Downtown Josh Brown (@ReformedBroker) December 9, 2016 8 metrics every trader must know about his trading system to
Top Trading Articles of Week 12/10/16 Read More »
The President of the United States communicates with the world – universally, directly and nearly exclusively – on $TWTR. Please make money. — Downtown Josh Brown (@ReformedBroker) December 7, 2016 Macro trading is like hockey – all the great ones are foreigners and whenever someone scores it’s like 80% luck. — Downtown Josh Brown (@ReformedBroker)
Top Trading Tweets of Week: 12/9/16 Read More »
Here are ten steps to growing your personal wealth through good financial habits. Be long stocks during bull markets. Exit stocks and go to cash during bear markets. Buy your home in an area that is growing in population, business, and opportunities. Create cash flowing assets. Buy bonds only when interest rates are high +6%.
10 Simple Wealth Building Habits Read More »
Analyze yourself: How much risk can you handle? What goals for returns do you have? What timeframe can you trade most comfortable with the lifestyle you want and your current circumstances? Choose your Method: Will you be a day trader, trend follower, swing trader, value investor, growth investor, scalper, or option trader? What school of
The Anatomy of Trading Success Read More »
$SPY is in a long term uptrend. Pushing against all time highs is the most bullish signal. $SPY has been range bound for the past seven trading days. The 10 day ema has acted as end of day support for the past 19 trading days. The 10 day ema is the first line of support. The $218.50
$SPY Chart Analysis 12/4/16 Read More »