I sold my long positions Thursday as the market started to signal toppiness right on cue at the $SPY 70+ RSI  and I am currently just in cash waiting and watching for what happens next. Lots of cracks in the bull horns forming in equities and we may see some consolidation at these levels and […]

            Whenever somebody says “we’re in the business of making money,” make sure they also say “we’re in the business of managing risk.” — Michael A. Gayed,CFA (@pensionpartners) November 1, 2013   When it comes to the stock market, apparently money grows on QEes. — Michael A. Gayed,CFA (@pensionpartners) October

                                                                                                                                                                                                                                                                                                     While twitter can easily become a big waste of time on trivial things I admit. It can also be a powerful tool for instant information, learning, and growth. I generally follow between 40 and 50 people on twitter at any one time and I am very picky about who I follow. My tweet

  An entry does not determine profitability it only determines potential profit the exit is where the win or loss occurs, focus on that. A robust trading system means nothing unless you can follow it with discipline and self control. Charts don’t care about any one persons opinions why should you? Good trading will make

                                                                                                                                                                                                                                      “You adapt, evolve, compete or die.” – Paul Tudor Jones  I do not trade the same way I did when I started actively trading the stock market in the late nineties. The market itself has taught me many lessons about keeping my gains and cutting my losses short. I have traded through one of

                                                                                                                                                                                                                                                                                                            Here are ten questions to ask yourself to see where you are along your own path in the trader’s journey. Are you willing to exit your trade if it gets to a predetermined price level that indicates you are wrong about it? Are you structuring trades through position sizing and stop losses so

        There is a lot of good information, tips, and entertainment floating around on twitter if you can build a high value twitter follow list.  Here are ten tweets that I found to be valuable this week. These twitter accounts are doing it right.   The path of least resistance until proven

                                                                                                                                                                                                                                                                                                            New traders have to learn what to be concerned about and what to ignore. Trading is about managing risk, the right psychology, growth and development, a good trading plan, a robust method, and reacting to what the market is actually doing instead of trying to predict what it will do. To many new