The 38 steps to becoming a successful trader We accumulate trading information – buying books, going to seminars and researching. We begin to trade with our ‘new’ knowledge. We consistently ‘donate’ and then realize we may need more knowledge or information. We accumulate more information. We switch the commodities we are currently following. We go…
Market Comment
Pictures at an exhibition
Market Comment
The following report was provided to subscribers on Wednesday, July 31. *** The stock market continues to represent above-average risk. For starters, the Nasdaq Composite is eight weeks into a rally following a five-week, 10.8% correction. Yet there has only been one major accumulation day if one doesn’t count June 28, the final day of…
Dissecting Market Wizard Martin Schwartz’s success
Of any interview in the Market Wizards series, the one with Martin Schwartz was perhaps the most criticized due to the lack of transparency into how he trades. Subsequently, he did an interview in which he stated: “The 10 day exponential moving average (EMA) is my favorite indicator to determine the major trend. I call…