The common held belief in the trading world is that 90% of traders are not profitable long term. This was based off some old studies of brokerage accounts. I read the original source article long ago in a trading book that referenced it. Other more recent studies seem to have found that the failure rate […]
30 Reasons Most Traders Don’t Make Money Read More »
The late William O’Neil is likely one of the greatest stock traders of our time. O’Neil made a large amount of money while he was only in his twenties, enough to buy a seat on the New York Stock Exchange. Today, he runs a successful investment advisory company to big money firms, and is also
William J. O’Neil’s 10 Trading Principles: Read More »
Electric car companies are all the rage when oil is expensive, but what happens when the oil market takes a dive? Follow along, step-by-step, with my Tesla trade made the week of 12/2/2014. As oil fell day after day, electric car company Tesla showed weakness in price, resulting in several down days in
Do Bears Drive Electric Cars? Read More »
$TSLA closed below the 200 day moving average. This is a key dividing line between an long term up trend ending and a down trend beginning. In the intermediate time frame the 50 day line itself is at a downward curve. The RSI gives $TSLA plenty of room for more downside. Stocks do not
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$AAPL nice @kdmoo pic.twitter.com/G1nVIIduY3 — DK1 (@canuck2usa) August 19, 2014 Cant we just shake on 2000 and get it over? — Alan Farley (@msttrader) August 21, 2014 I think the Cubs will win a World Series before the Fed raises rates 🙂 — Joseph Fahmy (@jfahmy) August 20, 2014 A strong gap-and-go market is seen
Tweets of the Week – 8/22/14 Read More »
The following is a book review I first published on Amazon for the book “Mastery”. I felt like it was written just for me. I have always enjoyed reading the biographies of successful people that mastered their fields of endeavor like Thomas Edison, Henry Ford, Leonardo Da Vinci and many others. I have read many
How To Pursue Mastery Read More »
This market continues to grind higher with tiny pull backs making it difficult for buy the buy the dip traders to even get a good dip to buy. Volatility is very low making it difficult for option sellers to collect enough premium to make it worth their risk while options stay so cheap. Even intra-day
Ten Fast Facts About the Current Market Read More »
“You learn to distinguish the good traders from the bad, the successful techniques from the unsuccessful, and the good habits from the faulty. You also learn to distinguish the lover from the fighter, the winners from the losers, the serious from the frivolous, the cerebral from the superficial, and the friend from the foe. But
15 Of the Greatest Trading Quotes You’ve Probably Never Heard Of Read More »
The following titles can be searched on this website for the article by the same name. Advice for New Traders The Top 10 Questions Traders must ask to Protect Them from Themselves. Surviving the Trading Game The Perfect Trader The Five Most Important Questions an Option Trader Better Know. How to trade in 3D 10
Making mistakes in your trading is not cheap. Here are the ten most expensive things a trader can do. This does not apply only to new traders, even professionals with long track records can make these fatal flaws and
The Twelve Most Expensive Things a Trader Can Do Read More »