$SPY remains bullish as price is near all time highs put some warning signs for a pullback are starting to emerge. The 10 day SMA has acted as end of day support for 30 straight trading days. Closing below this line will be a danger signal for bulls. Friday’s down day was the highest volume […]
10 $SPY Chart Warning Signs: 1/1/2018 Read More »
Here are my most liked, shared, and popular blog posts of 2017. Thanks to all my readers for making it a great year! I look forward to more writing and sharing in 2018. Why Bitcoin Is A FAKE Currency A Guide to Trading with Stochastic Indicators 10,000 Hours of Trading Lessons From A Trading Great:
My Top 10 Blog Posts of 2017 Read More »
The results are in! Congratulations to @Alsabogal for topping the poll two years in a row! We had an amazing response this year, with 2,156 verified votes! Thank you to everyone that participated and shared some of their favorite traders with us. There were a record number of write-ins this year. Seven of the top
The Most Helpful Trader on Twitter – 2017 Results Read More »
Crypto is a bet against the modern macroeconomic dogma, which is passed off as science, but is really a branch of politics – with rulers, winners, and losers. — Naval (@naval) December 24, 2017 Very unfortunate that a new generation of traders completely misunderstand charting. Charting does not provide predictions. Rather, it can: 1.)
Top 10 Trading Tweets: Week of 12/29/17 Read More »
Trading Rule #2: Your trading system must be built on quantifiable facts not opinions. Very few new traders take the step from trading opinions and predictions to trading actual price action and signals. Amateurs take trades based on feelings while professionals have fact based reasons. A signal is a quantifiable reason to take a trade
Trading Opinions Versus Facts Read More »
This is a Guest Post by Catherine Tims of the Bitcoin Exchange Guide. You’ve seen the writing on the wall – the newest, hottest, and most lucrative investment opportunity is here. It’s called “cryptocurrency,” and you want to know more. Of course, it would help if you knew exactly what cryptocurrency was in the first
ICO Basics for the New Crypto Investor 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. Let’s talk about reflexivity… a theory made famous by George Soros! Soros is the legendary hedge fund manager who infamously made a
George Soros Reflexivity Theory 101 Read More »
$SPY remains bullish over all moving averages and within striking distance of all time highs. $SPY traded in $2 trading range last week with $266.69 as support and all time high resistance at $268.60. The 10 day SMA has provided end of the day support since November 16th. This is a sign of a very
10 Facts About the $SPY Chart: 12/25/17 Read More »
Twas the trader’s night before Christmas, when all through the markets Not a stock was volatile, except for the Crypto market which had quite a scare; While the stocks were all traded with care, In hopes that the Santa Claus Rally would soon be there; The traders were bullish all snug in their bets, While
A Trader’s Night Before Christmas Read More »
In any profession, 90% of people are clueless but work by situational imitation, narrow mimicry & semi-conscious role-playing. Except social “science” and journalism where it is 99% and 100%, respectively. — Nassim Nicholas Taleb (@nntaleb) December 17, 2017 Dad at Thanksgiving – “help me get Coinbase installed so I can buy this Bitcoin” Dad
Top Ten Trading Tweets: Week 12/23/17 Read More »