Why a Stock Pick Is Not the Key to Success in Trading Traders, it’s essential to remember that while stock picks may seem like a quick and easy solution to making money in the markets, they are not a sustainable strategy. I mean, I get it; it’s like the ultimate shortcut to riches. Just sit …
Stock Picking vs. Strategy: Why Everyone Just Wants a Quick Fix Read More »
Welcome to My New Website Welcome to my new website! I hope you’re enjoying it so far. I started this website to bring a sense of humor to an often dry industry. Let’s face it, finance and investing can be pretty dull, but by adding a bit of wit and personality, I believe we can …
Navigating the Noise: A Simple Trading Plan to Follow Read More »
What Is an Ascending Triangle? As a trader, it’s important to have a variety of tools at your disposal to help you make informed trading decisions. One such tool is the ascending triangle pattern, a bullish continuation pattern that can be found in an uptrend market. In this post, we’ll take a closer look at …
Ascending Triangle: How to Spot and Trade this Powerful Chart Pattern Read More »
What Is a Base Breakout? A “base breakout” strategy in trading is a technique used to identify and capitalize on a stock that is breaking out from a prior trading range or a “base” of consolidation. The base breakout can come in many different forms, but regardless of the formation, the idea behind this strategy …
The Base Breakout: How to Trade this Powerful Chart Pattern Read More »
Are you a day trader looking for a profitable investment strategy? Look no further than momentum investing. What Is Momentum Investing? Momentum investing is an investment strategy that involves buying securities that have had strong recent performance and selling those that have had poor performance. The idea is that securities that have recently performed well …
The Momentum Investing Strategy: Ride the Wave of Winning Stocks Read More »
Navigating Uncertainty With Technical Analysis Get ready to step up to the plate as we review a Homerun technical chart pattern that continues to set up and trigger during times of uncertainty. In my rigorous studies for the CMT exams, one thing was emphasized time and time again: our role as technicians is to react …
What Is a Falling Wedge Chart Pattern? A falling wedge chart pattern in technical analysis can indicate a bullish reversal that can occur as a bottoming pattern or a continuation pattern. The pattern is characterized by two converging trendlines, with the upper trendline connecting a series of lower highs and the lower trendline connecting a …
The Falling Wedge: How to Spot and Trade this Bullish Pattern Read More »
Unveiling the Real Challenge: Mastering Your Mind and Emotions Trading often receives criticism for its perceived complexity, akin to solving a Rubik’s Cube blindfolded. But fear not, as we’re here to dispel those misconceptions. Trading is not as intimidating as it may seem. At its core, it becomes relatively straightforward once you have a tested …
Mastering Your Mind and Emotions in Trading: The Real Challenge Read More »
Listen up, Hulkamaniacs! Are you ready to take your trading to the next level, brother? Then you need to know about the bull flag continuation pattern. This pattern is like a big boot to the bears, and it’s time you learned how to use it to your advantage. So grab your vitamins, say your prayers, …
As a day trader, understanding chart patterns is crucial to making informed decisions about when to buy and sell stocks. One chart pattern that traders should be familiar with is the bearish rising wedge pattern. In this article, we will discuss what a rising wedge pattern is, how to identify it, the different ways it …
The Rising Wedge: How to Spot and Trade this Bearish Pattern Read More »
