Q3 GDP 2.9% vs expected 2.6%. They’ll revise this number 5 times, try not to celebrate or make up a new dance over it. — Downtown Josh Brown (@ReformedBroker) October 28, 2016 Reality Check: $AAPL earns a $100 million profit EVERY DAY. You wish you had those “problems”. https://t.co/5LHLQtVgT0 — Downtown Josh Brown (@ReformedBroker) October […]
Top Trading Tweets: Week 10/28/16 Read More »
This is a Guest Post by Alex @MacroOps this post originally appeared here: Lies, Untruths, and False Trends: George Soros On What Really Moves Markets It is used with permission. George Soros was quoted in a speech he gave to the Committee for Monetary Research and Education back in the early 90’s as follows: Economic
George Soros On What Really Moves Markets Read More »
This is a Guest Post by Dante Vincent you can find him on Twitter @DGTrading101. His website is dgtrading101.blogspot.com. Transparency & Accountability in Trading This post originally posted here on 10/20/16 and republished here with permission. I got whacked today, nothing catastrophic, but took a nice 9K loss after breaking some rules. It inspired me to briefly
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Cindicator is a new app which is quantifying the wisdom of its voters to forecast the probabilities of future price moves in stocks and markets after economic news like earnings and job reports. While financial analysts will many times align their price targets, forecasts, and opinions to their own bank employers interests Cindicator is a new platform that uses the wisdom
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We are currently in a range bound market. Long term resistance remains at all time highs. $210 is a key price support level as it was resistance at the beginning of the year. The 100 day EMA has provided a key support level since September. $SPY has closed under the 10 day EMA 8 of
Ten $SPY Chart Facts 10/23/16 Read More »
Transparency & Accountability in Trading Trading is gambling. But so is going to a 9-5 or marrying your spouse Lessons From a Trading Great: Michael Marcus S&P 500 Technical Update: Are You Confused Yet? Are You Operating in Peak Performance Mode?
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Markets are very difficult for the swing trader here with many breakout failures which suggest cash unless very skilled as some in my room — Dan Zanger (@DanZanger) October 20, 2016 The hallmark of a great trader by @markminervini pic.twitter.com/fiBhDSBjOA — Trading Proverbs (@tradingproverbs) October 20, 2016 "How many millionaires do you know who have
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In most professions working more is what makes you more money. If you are paid for your time the more you work the more money you make. This does not transfer into trading. Over trading can be expensive in trading losses, losing in the bid/ask spread, and commission cost. The best trades come when you are
10 Things To Do Instead of Overtrading Read More »
Ten Golden Trading Rules That Can Help New Traders Never add too a losing trade. In adding to a losing trade you are already wrong but now become more wrong with a bigger trading size. Adding to losers makes you a counter trend trader that will eventually end badly when you find yourself on the
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While trading quotes can be taken out of context, and it is crucial to have a full understanding of what the trader meant at the time, they can also give traders important insights. I asked some of my followers for their favorite trading quotes. There were a lot of great suggestions, but here are the
50 of the Top Trading Quotes Ever Read More »