“I define a mistake as not following your rules. … If you don’t have rules, everything you do is a mistake.” – Van Tharp If you do not have a quantified process for your trading that includes buy and sell signals with proper position sizing using a trading plan to execute a trading system then your trading […]
Beating Randomness in your Trading Read More »
Many people that are critical of active stock market operators and believe that winning traders and investors are more lucky than possessing of skill have not thought through what the long term winners have in common. The Trend Followers and Market Wizards profiled in best selling books are not simply due to survivor bias, they have a
Managing Risk is an Edge Read More »
$SPY is back to the price it was at before the Brexit ever happened. The market is still in an 18 month trading range on the verge of breaking out to new all time highs. If the Brexit can’t bring the market down what can? Rallying after bad news is bullish. We had a very high volume
The Brexit Never Happened $SPY Chart Read More »
The Insidious Nature Of Hindsight Investing When Stocks Give You Nothing Here’s What Financial Pundits Mean When They Say… Drawdowns – A Reality That Traders And Investors Face Confusion and Clarity in Trading
My Favorite Trading Articles: Week 7/2/16 Read More »
The S&P 500 BEFORE and AFTER Brexit. It’s almost retraced the entire down move: https://t.co/ducJQ0YWsO$SPY $ES_F pic.twitter.com/PDr3Emhj9e — StockTwits (@StockTwits) July 1, 2016 So that just happened$JPM $10.6 BILLION buyback$C 8.6 BILLION$BAC $5 BILLION$MS $3.5 BILLION$AXP $3.3 BILLIONhttps://t.co/v29YhyPGF0 — StockTwits (@StockTwits) June 29, 2016 Write this down and look at it every day …. Make
Top Trading Tweets of the Week: 7/1/16 Read More »
One of my new favorite websites is Lucid-Trend.com created by Raj @LucidTrend on twitter. Raj has done an amazing job creating signals by quantifying trends in different timeframes and then sharing many of them on his site. The creates the reading for the short, medium, and long term trend. You can get a current trend analysis of the ticker of your
Why I Love the Website Lucid-Trend.com Read More »
This is a Guest Post by Alex M. @MacroOps Understanding George Soros’ Theory of Reflexivity in Markets “My conceptual framework enabled me both to anticipate the crisis and to deal with it when it finally struck. It has also enabled me to explain and predict events better than most others. This has changed my own
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This is a Guest Post by Michael Battat. He is on twitter @mbat31 10 Qualities That Successful Traders Have And You Need In tough times like 2016, traders often feel as though things can never go their way. This feeling typifies how stock trading can be incredibly emotional. We all want to make money, and
10 Qualities of Successful Traders Read More »
This is a Guest Post by Andrew Derbyshire he is on twitter @AndrewDerb So, the UK has left Europe (EU for the time being. Subject to change, since the powers that be have not activated the nuclear device that is the ‘Article 50’..ect..whatever..if they ever do). I want to put this thought out though.
Why a Brexit Voter Wants Out of the EU Read More »
The Brexit was an unexpected event. Traders bets were overwhelmingly bullish and that Britain would remain in the EU even rallying the markets up in front of the risk event. Generally it is better to buy a big sell off in the markets in front of a risk event so when it does not happen the
The Brexit Attacks the $SPY Chart Read More »