@GeorgeManiereg @SJosephBurns my proctologist won’t let me trade 3x leverage — martin pfaender (@bigcoveranch) June 6, 2014 @SJosephBurns well maybe I’ll see one in my life time, I have my doubts at this point but who knows. — TraderVA (@NACuser) June 6, 2014 Never fight the Fed or your portfolio turns red $$ — […]
Tweets Of The Week – 6/6/14 Read More »
“Trading is easy money, how hard can it be to just buy low and sell high?” The learning curve is steep and the work involved is intense mentally, emotionally, and intellectually. “I have a few thousand dollars, I will turn it into a million dollars quickly.” The bigger the attempted return the higher
Ten Wrong Thoughts New Traders Have Read More »
With all the perma bull fan fair we are sitting on a 4.33% return in 2014 for $SPY and it has been a choppy ride up with plenty of whip saws. I know many swing traders and day traders that are out performing buy and holders and trend followers. The 50 day sma has
5 Fast Facts About the $SPY Chart Read More »
@SJosephBurns style agnostic….also keeps you nimble as not everything works all the time…important to adapt to opportunities mkt gives u — Al Sabogal (@alsabogal) May 24, 2014 Leave that to the academics, we’re here to make money, those rules don’t apply. Plenty of smart people out there never made a dime trading. — Jon
Tweets of the Week – 5/30/14 Read More »
Their entry parameters have a historical edge that gives them a real probability of profitability. They are profitable becasue their winning trades are bigger than their losing trades over long periods of time. This is either due to a high winning percentage or really big wins when they are right. The successful traders know
The 10 Key Elements Of A Successful Trader Read More »
@RetroWallSt that’s it. im going to cancel your service, end your coaching sessions, return your dvds & opt out of your newsletter. — Alan Farley (@msttrader) May 22, 2014 PRO TIP: Having bad credit is the best way to prevent identity theft. — Joseph Fahmy (@jfahmy) May 22, 2014 PRO TIP: My Pro Tips
Tweets of the Week – 5/23/14 Read More »
A breakout into an overbought price level as measured in the historical context of an oscillator. This is almost always a bad trade. $SPY breaking out into a 65 RSI is not the same as it breaking out of a long term price range, to all time highs over a 50 RSI. Buying a breakout
Breakouts: When To Buy Read More »
Welcome to the range bound phase of this bull cycle. The S&P 500 has not been able to give up much more than 2% this year for long trend followers and buy and holders in this index. 2014 is the year of being stuck in the mud so far with little I see to change
Ten Fast Facts on the $SPY Chart and the Stock Market Read More »
Signals generated on the daily time frame are much more reliable, and have a much better chance of working out. — Jose Luis Urbina (@urbinarestrepo) May 9, 2014 The lower time frames will generate more signals, but they are much lower in quality. Market #NOiSE — Jose Luis Urbina (@urbinarestrepo) May 9, 2014
Tweets of the Week 5/9/14 Read More »
The long term up trend is still in place with $SPY closing at a new end of week high on the weekly chart. Intermediate term time frame favors swing traders here with $SPY going sideways for the year with a +2.27% gain. $SPY has spent 11 weeks in a trading range of $180
$SPY Chart Facts – 5/5/14 Read More »