This is a guest blog post from Rolf at Tradeciety: The victim-trader – is trading really unfair and rigged? High frequency trading, rigged markets, unexpected news and insider trading makes profitable trading impossible for the regular trader. But is that really true, and is trading becoming harder and harder these days? Trading isn’t becoming harder […]
Victim Trader, Poor Trader Read More »
$BABA broke the downward trend line. It broke over the 10-day EMA. It broke over the 200-day SMA. The 50-day SMA has begun to slope upwards. The 60 RSI is bullish and gives it room to climb higher. It rallied as the rest of the market was down Monday. $BABA continues to go up on
10 Reasons to be Bullish on $BABA Read More »
Recently the top 10 stocks in the S&P 500 were +13.9%. The other 490 were -5.8%. This is the largest spread since the late 1990s. This market continues to lack breadth. The leaders control the direction. In swing trading markets, momentum signals fail for the upside and downside. On Monday the bulls stepped back into
The Bulls are Back: 10 $SPY Chart Facts Read More »
Flat 200 Day Moving Averages Create Headaches Investing success isn’t about genius ― it is about staying power The 14 best lessons from “What I learned losing a million Dollars” Every Problem Is An Outdated Solution I Owe Etrade $106k, Ouch!
My Favorite Trading Articles: Week 11/21 Read More »
And therein is the best description of how a pro trader views losing – "unpleasant but a necessary drawback" — Tom Dante (@Trader_Dante) November 16, 2015 When you get hammered in the stock market, all u can do is take it out on your kids… pic.twitter.com/cEUk0ZB9E9 — Modern_Rock (@modern_rock) November 19, 2015 Success… it's all
Top Trading Tweets: Week 11/20/15 Read More »
“Don’t ever average losers.” When a trade is going against you it means you are wrong. Adding to a loser just usually makes it bigger and your stress overwhelming. “Never trade in situations where you don’t have control.” Getting into a trade that you can’t easily get out of is a dangerous trade in itself.
The 7 Trading Habits of Paul Tudor Jones Read More »
Never trade so big that you end up watching every price tick even though you are not a day trader. Don’t trade so big you dramatically increase your pulse rate or get the sweats. Each trade should only be one of your next one hundred. Never risk more than 1% of your trading account on
Think Like a Trader: 10 Psychological Trading Rules Read More »
Top Five Trading Lessons From Market Wizard Dr. Van. K. Tharp from the book “Market Wizards”: “The composite profile of a losing trader would be someone who is highly stressed and has little protection from stress, has a negative outlook on life and expects the worst, has a lot of conflict in his/her personality, and
5 Trading Lessons from a Market Wizard Read More »
What time frame will you be trading in? This establishes your needed screen time. What will be your specific entry signals? What price action or technical indicators will get you into a trade? What will be your specific exit signals after entry? Stop loss, trailing stop, or price target. How much are you willing
The First 12 Questions for a Trader to Answer Read More »
The stock market index ETFs remain flat on the year, $SPY down -1.46% , $DIA down -2.96%, $IWM down -4.64%, and $QQQ +6.38%. This leaves buy and holders, trend follower’s equity positions, and investors down on the year after taking on all the risk exposure. When stocks as an asset class are under accumulation, the indexes
10 Facts About the Stock Market 11/15/15 Read More »