Why do smart traders do dumb things? It is usually an issue with overwhelming emotions, and not intellect, when bad trades happen. Here are a few of the primary reasons that traders struggle. ~The biggest cause of trading a position size that is too big? It’s the greed of wanting the big win that makes […]
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Early on, new traders will want to give up. Particularly when they figure out that the first few years are more about studying and paying tuition in losses, than in making money. Trading is a two-sided competition, and you have to be on the right side of the trade to make profits. Not only does
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Here are four trading books that are currently free on Amazon Kindle: BULLSH*T FREE GUIDE TO IRON CONDORS Kindle Edition Options Trading Successfully for Beginners Stock Trading: Tips for Trading Stocks FOREX Trading Simplified: Beginner’s Step-by-Step Guide
4 Free Trading Books on Amazon Kindle 6/22/15 Read More »
$SPY ran into one of the key 2015 resistance levels at $211.55 Friday. The stock market is still range-bound, with a 2.56% $SPY return in 2015. For the last two months, the dip buying zone has been $207 on $SPY. This market continues to be a swing trader’s market, with a lack of a breakout
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How To Know Whether Emotions Affect Your Trading By Rolf @Tradeciety Greek Financial Crisis: Why Traders Should Tread Lightly On Opinions By Andrew Nyquist When Strengths Are Weaknesses And Weaknesses Are Strengths By Brett Steenbarger Uncertainty is not the same thing as risk By Seth Godin Hedge Fund Market Wizards by Jack Schwager
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The reason we're all getting sick of the Greek drama is they haven't killed off any main characters yet and its already season 5. — Downtown Josh Brown (@ReformedBroker) June 15, 2015 The year is 2065: -Fed Chairman Steve Liesman III swears first rate hike in 60 years will take place in December -Greece deal imminent
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Here are trading professionals, market wizards and millionaires, that are on Twitter and share with their followers. These are real-deal traders that can add incredible value to your tweet stream. Algorithms make better decisions than humans. Our biases get in the way & past performance cannot predict results. http://t.co/kz34SOPKKc — Jerry Parker (@rjparkerjr09) June 18,
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They sue Brad Pitt for unreceived royalties for his part in the movie, “Troy”. They sue Michigan State for the use of “Spartans”, and USC for calling themselves the “Trojans”. They sue the creators of the movie “300”, despite the fact that it was all computer generated. They sell the Parthenon. They sue all democratic
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Many people spend more time planning their vacation than their financial future. This is why too many end up nowhere. Self-control, education, saving, investing, and trading are paths to building net worth. We earn money by creating value for customers, a company, or ourselves through education and experience. Our net worth is the difference between
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1) Warren Buffett Warren Buffet has the uncanny ability to find the right person for the right job. “Somebody once said that in looking for people to hire, you look for three qualities: integrity, intelligence, and energy. And if you don’t have the first, the other two will kill you. You think about it; it’s
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