The long term up trend and bull market is still very healthy and intact no doubt. Short term trend traders are highly likely to get a better entry point if they exit here and wait for a pull back to near term support levels or a dip. The 70 RSI has been resistance all year […]
Ten Fast Facts About the $SPY Chart Read More »
3.75% max total exposure helps with limiting risk in cases of positive correlations… so my rule is 1% max per asset, 3.75% max total. — Trade Like a Casino (@TradeLikeCasino) December 22, 2013 Change with changing conditions. There's no right or wrong, only profit or loss. — Peter Ghostine (@PeterGhostine) December 23, 2013 Bull Markets
Top Trading Tweets of the Week Read More »
The Chartist https://www.thechartist.com.au/ Follow Nick on FaceBook https://www.facebook.com/thechartist. Nick is the author of Unholy Grails – A New Road to Wealth. To be a successful trader is actually quite simple, despite what expensive courses and spruikers will tell you. The Australian Technical Analysis Association (ATAA) invited Nick Radge, The Chartist, to present a talk
What Makes a Successful Trader? By Nick Radge, The Chartist Read More »
What to Look for in Your Forex Broker When selecting a Forex broker, there is a large list of features that one should evaluate. Here are several areas that should be assessed before choosing the broker that is best for you. The first thing that you need to check is if the broker
What to Look for in Your Forex Broker Read More »
New traders make the mistake of being biased to current market conditions and do not consider that it is only a phase, bull markets, bear markets, and range bound markets are a cycle that plays out over and over. From trending and non-trending to
Five Key Belief Errors New Traders Make Read More »
The 50 day sma bounce that most traders expected did happen Wednesday and it was fast and furious moving from the near term support back to resistance in a manner of hours. There really was no choice but to go long with that massive reversal candlestick, the bulls won. We now have two days
A Dozen Fast Facts About the $SPY Chart Read More »
The Top Ten Skills of Profitable Traders They Develop robust systems using principles and patterns that work and are based on historical back testing. They Write a trading plan that fits their personality and results in profitability. They have the discipline and self control to
The Top Ten Skills of Profitable Traders Read More »
@The_Real_Fly Your opinion about the poll has been noted for future reference. — Steve Burns (@SJosephBurns) December 20, 2013 @SJosephBurns And your belligerence has been noted for future battles — The_Real_Fly (@The_Real_Fly) December 20, 2013 Ouch!! pic.twitter.com/vN4MOREtsU — DK1 (@canuck2usa) December 18, 2013 Markets have potential for a very powerful psychological/sentiment
My Favorite Trading Tweets of the Week Read More »
Binary Options: The Basics There are several financial markets available to investors, including the stock markets, FX markets and commodities markets. The binary options market is a newcomer to the financial scene but many investors are jumping on the bandwagon. In fact, binary options trading has become the vehicle of choice for investors looking
Binary Options: The Basics Read More »
A Dozen Dumb Things That New Traders Do Being a stubborn bear in a bull market. Being a stubborn bull in a bear market. Risk your entire trading account on one trade. Trade an account that is so small
A Dozen Dumb Things That New Traders Do Read More »