Like any other form of speculation, swing trading can never guarantee success. It can give you exposure to more frequent opportunities than long-term investing, and it might give you more time to plan your trades using both technical and fundamental
Newsletter – September 2018
Upcoming Government Reports & Holidays 3-Sep LABOR DAY HOLIDAY — 4-Sep CONSTRUCTION SPENDING 10:00 AM 5-Sep INTERNATIONAL TRADE REPORT 8:30 AM 5-Sep U.S. INTERNATIONAL TRADE IN GOODS & SERVICES 8:30 AM 6-Sep MANUFACTURERS’ SHIPMENTS, INVENTORIES… 10:00 AM 7-Sep EMPLOYMENT
Jesse Livermore’s Massive $100 Million Short of 1929
For most of the speculators, banks, and financial institutions who were around to experience it, 1929 was indeed a year of reckoning, marked by utter financial and personal ruin for most. It taught us that on the other side of
Trading Psychology: Should You “Trust Your Gut” While Trading?
We’ve all heard the saying “trust your gut.” Many of us do this more often than we realize. Trusting your gut means looking inward, beyond the noisy chatter of thought, and toward that fuzzy space of perception–a mix of instinct,
Using Pin Bars and Bollinger Bands to Trade a Volatile Sideways Market
Trading a volatile and non-trending market is a dangerous proposition. There’s no trend. No evident direction. No apparent patterns or formations other than “noise” between two ranges of support and resistance. Although trading itself comes with considerable risk, trading a
The 2010 Flash Crash
On May 6, 2010, at approximately 2:32 pm EST, all three U.S. stock indices–The Dow Jones Industrial Index, S&P 500, and the Nasdaq Composite–underwent a massive plunge and a partial rebound over a 36-minute period. In just a matter of
Trading Exhaustion Gaps to Exploit Potential Tops and Bottoms
The Problem with Timing Market Tops and Bottoms If there is one thing that traders are exceptionally bad at doing…one thing that tends to produce losses on a consistent basis…it’s the attempt to fade market tops and bottoms. Like any
Newsletter – August 2018
Upcoming Government Reports & Holidays 1-Aug CONSTRUCTION SPENDING 10:00 AM 2-Aug MANUFACTURERS’ SHIPMENTS, INVENTORIES… 10:00 AM 3-Aug EMPLOYMENT SITUATION REPORT 8:30 AM 3-Aug INTERNATIONAL TRADE REPORT 8:30 AM 3-Aug U.S. INTERNATIONAL TRADE IN GOODS & SERVICES 8:30 AM 9-Aug
Day Trading Strategy: Catching Explosive Moves in the ES
Day trading can be an exceedingly fast and nerve-racking endeavor. It’s easy to miss a relatively big move if you’re not paying attention. And the pace gets even faster the smaller your time frame gets (e.g. tick, one-minute, or even
Black Wednesday, September 16, 1992: Soros Reaps $1 Billion Shorting the Pound
It’s well known that billionaire investor and philanthropist George Soros has been a favorite scapegoat among right-wing conspiracy theorists for quite some time. He and his Open Society Foundation have been accused of many alleged left-wing “conspiratorial” acts. Whether you