There is a lot of good information, tips, and entertainment floating around on twitter if you can build a high value twitter follow list. Here are ten tweets that I found to be valuable this week. These twitter accounts are doing it right. The path of least resistance until proven […]
Ten Great Trading Tweets From the Week Read More »
New traders have to learn what to be concerned about and what to ignore. Trading is about managing risk, the right psychology, growth and development, a good trading plan, a robust method, and reacting to what the market is actually doing instead of trying to predict what it will do. To many new
Trading: Getting Results While Ignoring the Noise Read More »
In trading there are things that cause you to win in the long term and things that cause you to eventually lose your entire account in the short term. There are ways to manage risk and there are ways to
A Trader’s 10 Best Friends & 10 Worst Enemies Read More »
Trading is not all fun and games. Traders do not make money on every trade, most don’t even make money on half their trades. It is not like other careers, jobs, or hobbies where you work and then get paid. Our pursuit is more like the life of an entrepreneur. Our idea may
Overcoming 10 of the Pains in Trading Read More »
We had a key reversal day back to the 100 day sma and off the 40 RSI on Wednesday October 9th. The next day on Thursday October 10th we had a powerful reversal that gapped to the 50 day and then ran back over both the 10 day sma and the 5 day ema. For
My Quick Dozen $SPY Chart Observations. Read More »
I began building up my capital in 1992 and started as simply a buy and hold investor. I have evolved over the years into a swing trader and trend trader and also used options. It has been a great run. I really stopped investing and started ‘trading’ in and out in 1999 during the
15 Years, 15 Trading Lessons Read More »
Many new traders launch into trading with great excitement and with an urgency to start making money right away. To this I would like to say, whoa cowboy. There are many things to consider. The markets are not an easy place to make money at will, in contract markets like futures and options it is
10 Mistakes New Traders Make Read More »
I conducted a poll titled “What is your favorite trading Blog?” looking for the top trading blogs online. I was trying to get the poll out there and have some diverse voting. I looked around online to find other top trading blog lists to build my original poll. Thanks to everyone who cast a vote and
Traders Top 12 Favorite Trading Blogs Read More »
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
How To Stop Trading With Hindsight & Regret Read More »
What a wild week for the indexes last week. On Monday SPY rested slightly under the 50 day, then Tuesday $SPY collapsed from the 50 day and found support at the 100 day. Wednesday SPY went over the edge as the fear of a stalemate in Washington D.C. reached its zenith, but the SPY was
Recap of Last Week’s $SPY Action & 10 New $SPY Chart Facts Read More »