For most traders volatility is harder to trade profitably than trends and chart patterns, this is a time most traders should be in cash and waiting for a set up or trend to develop. The daily gyrations if watched all day can really mess new traders up. The plunge below the 21 day ema […]
Ten Fast Facts About the $SPY Chart Read More »
Don’t get out of a trade when you are afraid get out when your trailing stop or stop loss is hit. Don’t enter a trade when you are greedy for profits get in when you get an entry signal. Don’t take a huge position size because you
The 10 Do’s and the Don’ts of Trading Read More »
Start with a concept: “I make $ when market trends”, etc., & turn it into set of objective math rules that can be programmed & backtested. — Trade Like a Casino (@TradeLikeCasino) December 13, 2013 Stay Bullish when charts r bullish no mattr what u THINK the fundamentals are. Be Bearish when charts r
My Favorite Trading Tweets of The Week Read More »
I have created a poll for my followers to vote on the trader they found to be the most helpful trader on Twitter in 2013. Everyone can vote, and I will compile and post the winners on my blog in about a week. This could be very helpful for new traders, directing them
The Most Helpful Trader on Twitter – 2013 Read More »
To really be a great trader we have to get comfortable with being uncomfortable. We have to accept that no one has a crystal ball or time machine so the future is not known by anyone and we can only take our entries and manage our current risk. Successful trading comes from understanding the
7 Smart Ways to Trade Against Uncertainty Read More »
Flexibility for the trader to move with price action is the key to successful trading. You can be rigid with your rules and risk management but you must be flexible when it comes to how the future plays out in price action for any market or stock. It is not those that predict the
5 Reasons Flexible Trading is Profitable Read More »
Here are the ten tools every trader must have if they want to make money in the markets. Missing just one of these tools could undermine your ability to be successful even if you have all other nine things in place. The ability to bring your risk of ruin down to almost
The 10 Tools A Trader Must Have To Be Profitable Read More »
On Monday the $SPY uptrend was finally broken and the 5 day ema was lost. I was stopped out of my longs. We had a five day down trend that took us back to the 21 day ema by Thursday. On Thursday the 21 day ema was held as support and the line in
Ten Fast Facts About The $SPY Chart Read More »
The $UVXY ETF started trading in October of 2011 and it seeks a return that is 2 times the return of the VIX in a single day. Due to the compounding of daily returns, the $UVXY’s returns over periods other than one day will be very different than just holding double the $VIX due
Here is By Far The Best Long Term Short Play of the Past Two Years Read More »
Our #GAME Sure, is ok to be wrong and to not really know what will happen. Therefore, making it possible to REACT to present circumstances. — Jose Luis Urbina (@urbinarestrepo) December 6, 2013 The yuan has overtaken the euro as the second most used currency in trade finance… — Jose Luis Urbina (@urbinarestrepo) December 5,
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