What is the overall direction the market is moving with in your time frame and the larger time frame? What time frame will you be trading with your next trade? What is your entry signal and what is its historical performance […]
Ten Quick Questions to ask Yourself Before Every Trade Read More »
SHOWED UP FOR WORK, FORGOT THE MARKET WAS CLOSED. via @gregnb http://t.co/0A9lFvNVjY pic.twitter.com/ybS8SFI8o7 — TradingMemes (@tradingmemes) April 18, 2014 @sharptraders lunch time lull. Give it an hour — Sam G (@throbbyburns) April 18, 2014 @SJosephBurns if People on Twitter don’t turn positive very soon – this market is in danger of rallying —
Tweets of The Week – 4/18/14 Read More »
While having a great trading method is a good start and managing risk is a must for long term survival the element of a strong mental edge is a must for a winning trader. The ability to manage stress, losses, losing streaks, the ego, and even big
The 10 Elements That Create a Winning Traders ‘MENTAL EDGE’ Read More »
This blog post came from a suggestion from Andre Du Preez and many ideas were added by my facebook traders group. Thanks to all that added value to this post, Simon Goodchild, Brian Chang, Scott Gibbons, Harry Lamborn, Lisa Wareham, Stephen Doubell,
10 Good Things That Are Bad For New Traders Read More »
A decision on what specific markets to trade. A developed robust trading system to trade that fits the traders personality and risk tolerance. An understanding of the expected winning percentage of trades in the system and maximum expected draw down of your trading
10 Things A New Trader Must Have If They Are Going To Survive Read More »
Admitting that you are wrong the moment price action tells you that you are and getting out of a bad trade. Being patient and waiting for your entry signal and the patience to let a winning trade go as far aw it wants to before you
10 TOP TRADING SKILLS Read More »
While the long term up trend is still in place we are entering into a small normal correction here so far. With the 100 day ema being lost the next long term support level is the 150 day ema from the last bounce. The best
$SPX Chart Fast Facts 4/13/14 Read More »
Disclaimer: The below examples are for illustrative purpose only, this is not trading advice, follow your own trading plan and trade your own system. Trade at your own risk. For those that really want to go long here on $QQQ and attempt to buy the dip in what is still an uptrend on the long
High Probability Areas To Buy the Dip in $QQQ $IWM Read More »
BTFD…That’s so 2013!!! — Mr. Breakout (@sharptraders) April 11, 2014 All of my “Gurus” are Moving Averages. cc: @SJosephBurns — LM_Tentarelli (@systemstrader95) April 11, 2014 @mnycx Max Pain is a myth, I’ve studied for years and is complete BS , even more so in weekly options — Joe Kunkle (@OptionsHawk) April 11, 2014 @celiabennett
Tweets of the Week – 4/11/14 Read More »
One of the best things a trader can have is a filter that allows them to see what matters and what does not. Knowing where to focus our effort and time at to be a profitable trader is crucial. Some things will make us
10 Things I Focus On As A Trader Read More »