Tag Archives: stock trading

This Guy Is Possibly the World’s Best Trader….

Ed seyoka

“Mr. Seykota himself has put together a money management track record with returns of roughly +60% net of fees over the three-decade span of his trading career…”-Futures Magazine Ed Seykota, first featured in the book Market Wizards has one of the best records of all time for any trader. Ed Seykota’s record is as good […]

Why You Lose So Much Money Trading

Why You Lose So Much Money Trading

“The key to long-term survival and prosperity has a lot to do with the money management techniques incorporated into the technical system.” -Ed Seykota The above image shows the destruction of capital, not only for a losing streak, but also for a string of 10 trades with a 50% win rate; alternating between wins and […]

How to Read Candlestick Charts

candlestick cheat sheet

A candlestick is a type of chart used in trading as a visual representation of past and current price action in specified timeframes. Depending on the timeframe of the chart each candlestick consists of each minute, day, week, or month trading range represented in a single candle. A candlestick consists of the ‘body’ with an […]

Understanding the Trading Psychology of Support and Resistance

support and resistance

In studying a chart for any liquid instrument, traders will observe that prices usually move in a series of peaks and valleys. The direction of these peaks and valleys provide us with a lot of valuable information about price action and direction. They also help us in determining the direction of a trend and levels […]

A Short Interview With Jimmy Balodimas ( Hedge Fund Market wizards) By Jack D Schwager

hedge fun market wizards

How much did they start you out with? I don’t remember the exact amount, but I remember that I made $350,000 in my first year, $800,000 in my second, over $1 million in my third, and I never looked back. Do you ever use fundamentals? No, never. There was a three-year period when I had […]

How Does Gaslighting Look Like?

How does Gaslighting look like

This is what gaslighting looks like.Inflation this year was about 6%, meaning $100 last year would be worth roughly $94 this year.And yet they’re telling you to “invest” in vehicles that give you at most between 1 and 2%, maybe 3 if you’re lucky.Edit for clarification: those top investments are precisely the ones governments and […]

Linda Bradford Raschke – 50 Time Tested Classic Stock Trading Rules

linda bradford raschke

1. Plan your trades. Trade your plan. 2. Keep records of your trading results. 3. Keep a positive attitude, no matter how much you lose. 4. Don’t take the market home. 5. Continually set higher trading goals. 6. Successful traders buy into bad news and sell into good news. 7. Successful traders are not afraid […]

Best Trading Books Of All Time

trading books

I have read over 400 trading and investing books in the past 20 years that have given me the principles of profitable trading and allowed me to make money in the markets consistently and build life changing amounts of capital. Here is a list of the ones that were most memorable, useful, and meaningful, along […]

Best Olivier’s Trading Quotes

olivier danvel

1. Buying a weak stock is like betting on a slow horse. It is retarded. 2. Stocks are only cheap if they are going higher after you buy them. 3. Never trust a person more than the market. People lie, the market does not. 4. Controlling losers is a must; let your winners run out […]

Trading Lessons from The Art of War

Sun Tzu The Art Of War In Trading

Revered the world over for centuries as the essential text for warfare and battle by the ancient philosopher and general Sun Tzu (544 BC–496 BC) explains the principles for dealing with war, personal conflicts, and achieving success in the battles of life. Here are ten principles I believe we can translate to trading the markets. […]