“TSLA is not just pulling customers from BMW and Mercedes but also from Toyota and Honda. Like a magic trick, while everyone is focused on Elon smoking weed, he is quietly smoking the whole automotive industry.” – Andrew Left Anyone paying attention to the Tesla stock knows that it’s one of this market cycle’s most […]
It’s no secret that financial markets are getting more and more efficient and therefore more difficult for the average trader. So it’s a good idea to think creatively and consider what might lead to an edge today or in the future. If you don’t have an edge you can’t make money. Here are 10 new […]
At the time of writing, bitcoin prices were touching $15,000 having previously hit a high of $17,000 intraday. The cryptocurrency is seemingly unstoppable at this point and could well be the biggest bubble of our lifetime. The latest price increase is wild and comes as the CME and CBOE prepare to launch bitcoin futures next […]
Today’s trading edge is to go short GBTC stock (ticker symbol for the GBTC Investment Trust) and go long bitcoin in order to profit from the substantial spread between the two products. This spread is predicted to close once Bitcoin futures go live on the CBOE and CME futures exchanges in a few days time.
Since starting this blog I’ve been able to document a few of the mistakes that I’ve made over the years trading the financial markets. There was the time that I lost money buying Alibaba shares even though I pretty much picked the bottom.
To succeed in the financial markets you need to have some kind of system in place. Trading systems protect the trader from his ‘inner chimp‘ – the limbic side of the brain that relies heavily on emotions and gut instinct. The inner chimp is quick to react and respond to incoming dangers. It often makes snap […]
Stock markets fell on Wednesday led by consumer services, industrials, and healthcare. The S&P 500 dropped by -0.40% while the Dow Jones Industrial Average fell -0.44% and the Nasdaq declined -0.42%.
The following day trading strategies are meant for beginners and experts alike but remember that day trading is full of risk and the majority of those who attempt to day trade end up losing money. One reason for this is that financial markets are dynamic and extremely efficient. Markets are dominated by machines which means they […]
A new day trading strategy idea In previous articles I have blogged about the high risks involved with day trading. I have also spoken of my preference for trading strategies that combine both technical analysis AND fundamental analysis. Much like Bruce Kovner in the original Market Wizards, I find that fundamentals can add real strength […]