How do you know when you’re ready to receive a trading education or work with a trading coach or mentor? There’s no one right answer, but take a look at these questions and ask yourself how you rate in these areas Have you achieved consistency yet? Do you have a trading plan? Do you actually … Read more
Today we have seen for the first time since February a second consecutive bullish day in SPX. This is also the first time since February that the SPX has been able to trade back above the 10 SMA on the Daily Chart.
One of the greatest strengths of the human race is our ability to adapt to our environment. Not the kind of adapting where we grow fur, webbing, or a new limb, but rather, adapt mentally.
The real cause of the market volatility is the firing of the bond market signal we noticed in October.
We are now on the other side of the signal – the Rubicon has been crossed.
What are some safer picks to look at when trading in this uncertain market? Allison is looking at symbols and sectors that either could benefit from the coronavirus or will not be as affected by it.
As I embarked on my path to becoming a trader I would come across phrases and euphemisms that didn’t really make sense to me. Quite similar to how Luke Skywalker felt and looked when Yoda was talking to him.
In the game of life, everything is in play: your time, your money, your relationships, your social position. Every element of your day-to-day existence is in your hands, and you protect each part of your life by investing wisely in each category. In fact, your quality of life is entirely determined by the way you … Read more
When folks talk about trading they may think of a couple of things – charts, company earnings, fundamentals and research, technical indicators, etc.… however, one aspect of trading that is chronically under-appreciated is the psychology of trading.
I can only put more effort into myself, and that effort comes in the form of self control, discipline, and the ability to wait. Waiting for the right entry, then waiting for the position to grow, and waiting for the right exit.
Investors and traders both perform the same activities, they buy and sell securities. But while investors need to make sure they’re buying is not only a good price, but also gives good value for that price. Traders, on the other hand only care about the price.