Many new traders wonder how to develop their own entry and exit signals and build their own trading systems. I wanted to share a few sites that provide basic backtesting functionality on a web based platform. These provide enough parameters to begin to get an idea of how different signals perform in different timeframes. First […]
Four Free Backtesting Sites Read More »
This is a Guest Post by Alex @MacroOps which was posted originally at: Bill Ackman Finally Pukes: Beware Of False Narratives and is posted here with permission. A year ago we wrote about why Bill Ackman should learn a bit of technical analysis. We weren’t suggesting he become an Elliott Wave nut or anything, but that he
Bill Ackman: A Lesson in False Narratives Read More »
The long term uptrend is still in place. Short term resistance has become the 10 day EMA. Short term support is currently the 50 day SMA. A break out and close on the other side of one of these levels could signal the next trend up or down. RSI finally dropped below the neutral 50 to
10 Facts About the $SPY Chart: 3/26/17 Read More »
Is This The Best Trading Book Ever Written? Options Indicate Disenfranchised Traders Defense Wins Championships Being Lazy Is the Key to Success, According to the Best-Selling Author of ‘Moneyball’
Top Trading Articles: Week 3/25/17 Read More »
Analysts on TV be like:Dow 50k if Healthcare Bill passesDow 5k if Healthcare Bill fails — ♿️Ramp Capital™♿️ (@RampCapitalLLC) March 23, 2017 Every trader is now an expert on healthcare — ♿️Ramp Capital™♿️ (@RampCapitalLLC) March 24, 2017 Preview of today's ramp pic.twitter.com/xvoRUcy3Ty — ♿️Ramp Capital™♿️ (@RampCapitalLLC) March 24, 2017 Keep in mind when markets get
Top Trading Tweets: Week 3/24/17 Read More »
This is a Guest Post by Alex @MacroOps which was posted originally at: Lessons From A Trading Great: Jim Leitner and is posted here with permission. Jim Leitner is the greatest macro trader you’ve never heard of. He was once a currency expert on Wall Street, pulling billions from the markets, but now he plays
Lessons From Macro Wizard: Jim Leitner Read More »
Here is a simple example of a historical backtested winning trading system with signals and historical performance from 2000-March 2017. This is an example of a simple trend following system using the small cap ETF $IWM. Past performance is no guarantee of future success it is the principles of trend following that make any moving
A Winning $IWM Moving Average System Read More »
Trading is one of the few professional fields where anyone can go against professionals very quickly and easily by simply opening a trading account. There is no college required, no degree, or apprenticeship needed before a new trader steps up to compete in the world markets against seasoned traders and professional money managers. The 10%
10 Trading Errors New Traders Make Read More »
Swing trading, breakouts, and dynamics of price movement. Chat with Traders interview with Alan Farley.
Swing Trading 101: Interview with Alan Farley Read More »
$SPY is still in a long term uptrend. $SPY remains above the short term 10 day EMA moving average. Since the gap up day $SPY is in a $239 resistance and $235 support trading range. The $SPY has had an expanding trading range The MACD remains under a bearish crossover. An RSI of 61.74 gives room
10 Chart Facts on $SPY: 3/19/17 Read More »