Premarket Recap for 5/11
This business of trading is 100% about probabilities (and and risk). We can’t avoid being wrong, making mistakes. It needs to literally be factored into our trading plans. What is a stop for? Why do […]
This business of trading is 100% about probabilities (and and risk). We can’t avoid being wrong, making mistakes. It needs to literally be factored into our trading plans. What is a stop for? Why do […]
This business of trading is 100% about probabilities (and and risk). We can’t avoid being wrong, making mistakes. It needs to literally be factored into our trading plans. What is a stop for? Why do […]
The 3 paragraphs below are from this post from 6 months ago about how sticking with the trend is possibly the single most important approach we can take in markets. One of the biggest confusions […]
This business of markets, and the eventual ability to survive them and to prosper, is 100% about how committed you are to getting there, how much you are willing to give up to get there, […]
The whole thing with 123 plus 3.5 (terminal action) is something which I use in numerous types of situations in markets. To enter trades or to exit trades or to judge the risk of entering...
Check out our latest conference call by clicking here. In today’s call the basic discussion was geared towards improving, honing, working on trade setups and the technical conditions under which certain trade setups will work....
There is a new post here. The stock indexes have continued their rally on light volume. And to this whole thing about “rallies on light volume are bearish”. That is absolutely not necessarily the case...
The following are some thoughts and ideas, hopefully this will help to get your focus in the right direction. This thing is about focusing on what will get us to our goals. And please, this...
Long post today, I’ll cut back on the next few premarket posts. With the 2 year yield hitting more new 10 year highs, the vast majority of “analysts” are still sitting on their behinds trying...
With all of the drama around the President and Iran, crude oil is in a major uptrend as repeated again yesterday – “The President is coming out with an Iran statement later today, no matter...
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