Identifying chart setups is simply a system for gaining access to high probability stock market trends! Hundreds of years of price charts have shown that prices tend to move in trends. A trend is merely an indicator of an imbalance in the supply and demand of a stock. These changes can usually be seen by […]
1. Increase your exposure to new and different ideas 2. Spend as much time learning from your trading as you actually spend trading 3. Manage yourself, not just your risk and your positions
1: Most people don’t think. 2: Some people are jerks. 3: Everyone is selling something.
Here are nine surprising things Jesse Livermore said regarding excessive trading: 1. “Money is made by sitting, not trading.” 2. “It takes time to make money.” 3. “It was never my thinking that made the big money for me, it always was sitting.” 4. “Nobody can catch all the fluctuations.” 5. “The desire for constant […]
1. “Most successful investors, in fact, do nothing most of the time.” 2. “If you want to make a lot of money, resist diversification.” 3. “It is remarkable how many people mistake a bull market for brains.” 4. “On Wall Street there’s no truer adage than …’markets can remain irrational longer than you can remain solvent.’” 5. “No matter […]
Jesse Livermore’s Trading Rules Written in 1940 Jesse Livermore was one of the greatest traders who ever lived. You can read more about him here. Here are his trading rules written in 1940. You will find that many of them still apply today, proving that very little changes in the market over time. 1. Nothing new […]
Why this rant? Only 10% of Australians trust financial advisors. AFR 5/5/2014. A scary figure. The “trust busting” GFC took a heavy toll on the financial advice industry. Most advisors floundered without a sound strategy for protecting your capital. We wear our hearts on our sleeve at Stockradar. We are transparent with nothing to hide. […]
