Does trading get you angry? We all get angry trading at times. Maybe the market moved unexpectedly and you blew your top. Perhaps your stop was taken and the market moved in your direction, but now you’re not on board! Maybe you became distracted and missed a great trade. Many things in trading can get you angry. You can’t always avoid it. Anger is a natural human … [Read more...]
Black Friday/Cyber Monday Sale Continues
It’s Black Friday & Cyber Monday Sale time and every year we offer the largest discount of the year on our video tutorials. The sale continues for the next few days. This year the discount is so great, you can see from the image that people from all over are ruching to take advantage of the sale 🙂 We have nine courses on sale at 50% off Other courses are 40% … [Read more...]
Has A Bear Market Started?
Has a Bear Market Started? There has been talk in the trading community lately about the coronavirus triggering a bear market. Has a bear market started? Probably. Richard Wyckoff wrote extensively about reading the market’s technical signs and signals to gain an advantage in investing and trading. One of those signs is starting to unfold. This is a quarterly chart … [Read more...]
A Bar-by-Bar Assessment of the Current Market
A Bar-by-Bar Assessment of the Current Market In the midst of all the domestic and geopolitical noise, a bar-by-bar assessment of the current market indicates a pullback is likely. I certainly did not want to go home long on Friday night. But it wasn’t all because of the US – Iran conflict or impeachment. It’s also what the charts are telling me. A bar-by-bar assessment … [Read more...]
New All-Time Highs
New All-Time Highs The S&P 500 index, as represented by the S&P e-Mini futures, hit all-time highs this morning. I noted in my last post that should the market push higher and make new all-time highs, 3200 was the logical target. (You can read that post here: last week’s post.) On all major time frames (monthly, weekly & daily), 3200 is near or at the top of … [Read more...]
