Michael Burry is a famous investor that made his fortune shorting the housing market in 2007-2008 using derivatives. He manages Scion Asset Management, LLC. He’s a deep value investor looking for stocks below fundamental company value. He will also sell short stocks that are fundamentally far too high based on intrinsic current and future company value.
The Elliott Wave theory is a method of technical analysis that tries to quantify repeating long-term price action patterns correlated to changes in market psychology and sentiment. This theory attempts to identify primary impulse waves showing the long-term chart trend and also corrective reversal waves that are inverse to that larger trend.
Investors must focus like a laser on only their very best ideas while traders must focus on the best systems and trades that fit their own personality. Ignore what doesn’t matter and focus on what does.
Young people have the benefit of time but the weakness of a lack of experience. Learning from others who have been successful can give a young person the edge on making better decisions with exponential returns over time. Here are ten of the biggest mistakes that most young people do and what to do instead.
Forex signals – Why The Biggest Rallies Happen In Bear Markets . We explore free, paid and social FX trading signals and explain how to use them.
Here are ten trading paradoxes that I have come to believe on my own path to profitable trading. A statement contrary to received common opinion
Forex trading, also known as foreign exchange trading, has gained significant popularity in China as more individuals and investors recognize the potential for profit in the global currency markets. Forex trading involves buying and selling currencies with the aim of capitalizing on fluctuations in exchange rates. With its vast population, growing economy, and increasing interest … Read more
Cryptocurrency Chart Patterns Cryptocurrency price action creates chart patterns like any other market.
Here are some great trading statistics researched by Rolf of Tradeciety and Austin Silver. Here are 40 statistics and data on traders that you may have never heard about.
Here are ten of the best trading books that tell the ups and downs of the trading journeys of successful traders