What were the greatest trades of all time? Here is the list of the who, what, when, where, and how of the greatest trades in the financial markets were made While the risk management of executing many of these trades is not what many traders would want, we can see many of these as trend […]
I never understood why traders held losing trades for too long. Our goal is to make money, isn’t it? And yet, we’ve all held onto something negative for too long; a losing trade for a few days, a bad marriage for a decade, smoking for a couple of decades, or any number of other things […]
“ I always laugh at people who say “I’ve never met a rich technician” I love that! Its such an arrogant, nonsensical response. I used fundamentals for 9 years and got rich as a technician.” – Marty Schwartz Many people believe technical analysis is complete silliness. How can someone make money on lines and patterns […]
Ed Seykota is one of the most success traders of his generation. As a trend follower and money manager he made many of his investors millionaires in the 1970s and 1980s. He was one of the first traders to use both moving averages and early punch card computers to backtest trend following systems. His edge […]
One of the great things about the market is, the markets don’t care about you. The market doesn’t care what color you are. The markets don’t care if you are short or tall. They don’t care about anything. They don’t care whether you leave or stay… I met the guy who wrote this best seller […]
A chart pattern is a visual representation of the actions of buyers and sellers in a market recorded in price action. A chart is not predictive of the future but shows what is happening with buyers and sellers in the present moment.The price action on a chart gives a trader signals about the current trend […]
On a bar chart an inside bar is a single bar which is smaller than the previous one and within the range of the highest price and lowest price of the last price bar. An inside bar can be located in relation to anywhere inside the last bar, the top, the middle or at the […]
Moving averages are technical trading tools for capturing trends in the stock market. Moving averages are price action filters that can identify a trend by which side of a moving average price is trading on. A vertical moving average can show that a chart is in a trend while a horizontal moving average can show […]
What is the best moving average crossover for swing trading? My favorite moving average crossover for swing trading that I have also confirmed through backtesting on the momentum names on my watchlist is the 5 day exponential moving average / 20 day exponential moving average crossover on the daily chart. I call this bullish crossover […]
The current Warren Buffett portfolio for 2021 has been updated with his 6/30/21 Q2 filing. Here are the Berkshire-Hathaway portfolio holdings managed by Warren Buffett that were reported in the 13F filing to the SEC for the 2nd quarter of 2021 at the end of June this year. Warren Buffett continues to oversee and manage the Berkshire Hathaway […]