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WHERE IS GOLD GOING FROM HERE? – June 2, 2022
After briefly reaching highs above $2000, Gold has fallen to $1785 (-14%) following the deep selling in the US major indexes throughout most of April & May 2022. INTERPRETATION...
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LESSONS LEARNED FROM A TRADING PROFIT MADE SHORTING STOCKS – May 31, 2022
Jesse Lauriston Livermore (July 26, 1877 – November 28, 1940) was an American stock trader who made a $100 million trading profit by shorting stocks in the great crash...
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MANAGING EMOTIONS – HOW FOMO AFFECTS YOUR TRADING AND YOUR LIFE – May 27, 2022
Managing emotions you say? Often we hear that we are supposed to trade without emotion as if we’re robots. That’s a big fat myth. “If you can keep your...
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LET PRICE ACTION SHOW YOU WHAT TO DO IN AN APPROACHING BEAR MARKET -May 25, 2022
Traders have access to an overwhelming amount of market indicators. But does a trader really need any of these indicators to be successful at trading? At the end of...
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CONSUMER PRESSURE – IS THERE AN END IN SIGHT? – May 19, 2022
The US stock market contracted sharply over the past 30+ days while traders attempted to identify the risks associated with the US Fed rate increase. Behind the scenes, consumer...
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FOLLOWING PRICE ONE PAGE AT A TIME TO UNDERSTAND THE FULL STORY – May 16, 2022
Following and trading on price can be compared to the reading of a good book. As we read each page, we acquire additional information that may give us a...
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FUTURES CONTRACT – TRADING OIL WITH USO – May 13, 2022
Crude oil, like most commodities, is not priced as a single data point like a stock. Instead, commodities, like oil, trade via futures contracts. A futures contract is an...
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SELL AND GO TO CASH POSITION OR HANG ON BY YOUR FINGERNAILS? – May 12, 2022
As professional traders, we spend a lot of resources determining whether we are in a bull-up market or a bear-down market. The follow-up to this is our additional efforts...
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THE HARSH REALITIES OF CAVING INTO EMOTIONAL TRADING – May 09, 2022
Wow, what an emotional trading day and week thus far. What John said Wednesday in the member’s comments could not be more accurate for most people. “Only thing scarier than...
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IS THE US DOLLAR THE GLOBAL SAFE-HAVEN? – May 4, 2022
Global investors continue to pile into the US Dollar making it the primary safe-haven trade. This may eventually trigger a broad and deep selloff in U.S. stocks. As the...
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