When you enter a trade a stop loss is the exit tool you use to know when it is time to get out of the trade because you are losing money. A stop loss is the tool you use to prevent a small loss from becoming a big loss. This is one of the most […]
Mark Minervini is a legendary stock trader featured in Jack Schwager’s book “Stock Market Wizards: Interviews with America’s Top Stock Traders“. In the book Schwager wrote: “Minervini’s performance has been nothing short of astounding. Most traders and money managers would be delighted to have Minervini’s worst year–a 128% gain–as their best.” Starting with only a […]
Compound interest is the eighth wonder of the world. He who understands it earns it, he who doesn’t, pays it.” -Unknown Why is compound interest considered the eighth wonder of the world? Here are three shocking examples of the exponential growth of compounding. If you start with capital and grow it an additional 1% everyday […]
YOU have a MUCH BETTER chance of success than I ever did. When I started, all I had was the local library and books on strategies that never worked to begin with. With YouTube, Zoom and social media at your finger tips, it’s a great time to learn anything.
Sturgeon’s law states “Ninety percent of everything is crap.” The saying came from the science fiction writer Theodore Sturgeon. Sturgeon came to the conclusion that even though science fiction was criticized at the time (1951) for its low quality it was true for all fields. The majority of work in all professions were also low […]
A new article on Martech.org reports that data showed marketing organizations replaced a large range of tools, some very central to marketing activities. MarTech’s Replacement Survey shows just how bullish marketing organizations were to make changes to their marketing technology stacks during the pandemic. It looks at the kinds of solutions replaced and the reasons marketers swapped […]
A new article on Social Media Today reports that Facebook has published a new guidebook to ‘Creative Prototyping’ which provides a range of notes to help guide advertisers in testing and optimizing their ad creative, and improving response based on each specific element. The new 29-page guide is primarily focused on gaming advertisers, but there are some […]
A new article on Search Engine Journal says that it’s important to know how much is spent on Influencer Marketing to see if your efforts are worth it. You can find tips and the formula here. Influencer marketing may be big business, but how do you know whether your campaigns are delivering results? Influencer marketing must be […]
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 […]