General Trading
Why Technical Analysis Beats Out Fundamental Analysis
As the major stock markets turned down in late 2007 and then started to rally in March 2009, many people who believed in fundamental analysis have begun to question its validity. Famed technical analyst and Elliott wave expert Robert Prechter has long called for the bear market we are now in the midst of. (He [...]
Read Full Post | Make a Comment ( None so far )Generally Right Vs. Precisely Wrong
As traders we all spend an inordinate amount of time obsessing about our trade entries. We shop brokers to make sure that we get the lowest spread possible. We put on limit orders to assure ourselves of not paying a tenth of a pip more than we intend to. And, we become livid when we [...]
Read Full Post | Make a Comment ( None so far )Trade the break-out, trade the bounce, or wait for a perfect signal
Trading the bounce from a recent price reversal that is hitting major support, will more times than not be more reliable than trading the break-outs to new highs. Contrarian trading the bounce tends to create more trades you are already in as the new break-out occurs at the other end; you are then selling as [...]
Read Full Post | Make a Comment ( None so far )Why Would Anyone Give Workshops if They Can Trade Well?
In a recent article entitled, “Some Will Love You and Some Will Hate You, So What!” I talked about someone on an internet forum asking if he should attend a Van Tharp workshop. People, who had obviously not attended a workshop or were not students of any of my work, were quick to respond with [...]
Read Full Post | Make a Comment ( None so far )Top 10 Mistakes Traders Make
Achieving success in futures trading requires avoiding numerous pitfalls as much, or more, than it does seeking out and executing winning trades. In fact, most professional traders will tell you that it’s not any specific trading methodologies that make traders successful, but instead it’s the overall rules to which those traders strictly adhere that keep [...]
Read Full Post | Make a Comment ( None so far )« Previous Entries
