Since breaking over the 50 day back in January the 50 day has held as support 4 out of 5 times. This is the sixth test and it could go either way. Three weeks ago all time highs were rejected so we do have over head resistance to work off as people get […]

                                                                                                                                                                                                                                                                                                          Here are ten things I believe are needed to be a great trader. It will surprise some that predicting, stubbornness, reading a balance sheet, or stock picking is not on here. It is all a game of risk management, mind, and a robust system. Everything else is just noise.  Passion for trading, only passion

  The market as a whole has slipped into a slower trading pace as summers wind down. Failure to make higher highs has disappointed many bulls. Some individual stocks have also frustrated many traders with wild volatile action like $AAPL failing at the 200 day, $PCLN rejected hard as it approached the $1,000 level, $FB

                                                                                                                                                                                                                                                                                                            Social Media is a fun place for traders to interact with other like minded  traders, but there are many people online that for whatever reason want to try to spoil the fun. They always bring a negative wake wherever they go. They are more interested in tearing people down than adding value to