The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the person of inferior emotional balance, or the get-rich-quick adventurer. They will die poor. — Jesse Livermore, How To Trade In Stocks
Investment/Trade
George Soros
“Invest first; investigate later.” You don’t want to get fixated on always needing a nice story for the trade. I am anempiricist at heart. The unfolding reality trumps everything.
Factors Behind The Price Movements
People get all excited about the price movements, but they completely misunderstand that there is a bigger picture in which those price movements happen. Price movements only have meaning in the context of the fundamental landscape. To use a sailing analogy, the wind matters, but the tide matters, too. If […]
The Best Indicator to Predict A Next US Recession
Here is the animation of 32 years’ worth of Treasury Yield Curve Business Insider reader Jim Laird created this animated chart tracking Treasury yield curves compared to the actual yield on a three-month Treasury. The yield curve is a line that plots a set of forward-looking interest rates at a […]
Selling At A Moving Average
Using a moving average indicator is widely used and basic and simple proven method many technical analysts utilize to filter out the “noise” from random fluctuations. It is a trend-following indicator. There was a prominent market technician, Robert Rhea, described the three stages of a bull market. -During the first stage, […]
Professional Trader
What differentiates between you and professional trader. Probably if you are a beginner, you wouldn’t know where to start or what to do to learn trading or investment. However, after self-education and constant learning, you would eventually start seeing things and recognizing to understand what is going on in the […]
How Negatively Charged Energy Affect On Your Traiding
To be a great trader, you have to learn to adapt yourself to function more effectively facing the market. What is needed to do is that you need to observe the market objectively without having any fear factor into your decision making. Managing your positively charged energy and negatively charged […]
Understanding Of Your Mental Functionality
To be a great trader, you have to learn to adapt yourself to function more effectively facing the market. What is needed for you to adapt is a very fundamental and practical understanding of the nature of these mental components and how they operate. There are significant differences in the […]
Typical Story Of How A Trader Becomes Loser
The first thing we did was to preplan his trades. We used some fairly simple techniques to identify intraday support and resistance points within a 7-10 tick range. The plan was for him to stand in the pit and wait for the price to hit his target(buy support or sell resistance), […]
What Market Reflects For You To Observe Objectively
The market will quite naturally make you face what is inside of you on a moment-to-moment basis. What is inside of you could be confidence or fear, a perception or opportunity or loss, restraint or uncontrollable greed, objectivity or illusion. The market just reflects these mental conditions, it does not create […]