Spoiler Alert: There Is No Magic Indicator
If you are using any modern trading platform such as ThinkOrSwim, TastyWorks, TradeStation, Etrade, Charles Schwab, Multicharts or NinjaTrader, they come loaded with HUNDREDS of built in indicators.
Technical Analysis Is Highly Subjective
In the world of trading and financial blogs it’s easy to get overrun with useless and outright false information. Over the years I have had many brushes with the turbulent world of prop trading, so I can tell you some secrets that pros know and retail traders only wish they knew. Until now!
Markets Gone Wild
It’s quadruple witching week and we are heading into a veritable whirlwind of volatility in an already highly data dependent market. Let’s get you up to speed of what lies ahead:
Lots And Lots Of Small Trades Are THE SECRET
In the world of trading and financial blogs it’s easy to get overrun with useless and outright false information. Over the years I have had many brushes with the turbulent world of prop trading, so I can tell you some secrets that pros know and retail traders only wish they knew. Until now!
Whales Move Markets Not Retail Traders
In the world of trading and financial blogs it’s easy to get overrun with useless and outright false information. Over the years I have had many brushes with the turbulent world of prop trading, so I can tell you some secrets that pros know and retail traders only wish they knew. Until now!
A Legion Of Losers
As humans, we have an extremely poor ability to judge statistics. It’s one of the key reasons that casinos anywhere on the planet not only exist, but thrive. Most of us know that in a casino, the odds are stacked squarely against us.
Data Dependent Markets Are Fragile Markets
It’s Monday so let’s get you primed for the week. The big take away from last week was that data dependent markets are highly fragile and very volatile markets
Trading On Direction Is Now A Sucker Play
If nothing else J-Pow’s dovish cave yesterday has once and for all proven my point that trading on market direction has become a complete sucker play. We now live in a time when the slightest hint at slowing the pace of interest rate hikes is seen as an excuse to kick the market back into turbo mode and keep the Ponzi going for just a little longer.
2022 Banner Year For Manic Depressives
It’s Fed day and the market is bracing for impact. To keep you entertained while you wait I just posted a new market update on the ole YooToob:
The Poll Results Are In
Last week I posted a quick poll aimed at getting a better idea of what type of content and which type of services would best serve my audience moving into 2023. I’m happy to report that no Dominion voting systems were smashed in the process.