As a kid Jim Simons loved solving math problems, it was his passion. He thrived in school and went on to the best colleges as both a student and late a professor. His dream life was coffee, cigarettes, and math.
No matter where you are in your trading or investing journey it is good to stay inspired and focused on your long-term goals and prize.
Professionals don’t count their money while they are working, they focus on execution. A surgeon doesn’t look at the clock for how much money they have made, they focus on the surgery, patient, and process.
The Hagakure: The Book of The Samurai was written in the early 18th century and explains many principles of the Samurai warrior. Many of these same principles can be used in business, sports, trading, and investing to achieve a warrior mindset and overcome your ego and emotions along with your adversaries.
Mastering your emotions and ego are an essential part of profitable trading as the trader is the weakest part of any trading system.
The psychology of trading can be just as important as the method chosen, the system development, the strategy used and risk management
Moving Averages Indicator 10 Reasons moving averages work as trading tools. Moving averages have a place in any trader’s or investor’s strategy. They are my favorite filter for price action. Moving Averages are Great Trading Tools I like moving average signals for their power and simplicity in my trading and here is why: Here are … Read more
Technical indicators give traders ways to quantify and measure price action. A technical indicator can show the direction of the current trend, volatility, momentum, and whether a market is overbought or oversold.
The Ichimoku Cloud is a technical indicator that tries to quantify support and resistance, it identifies the direction of the trend, and measures the momentum to create potential trading signals.
RSI divergence signals show traders when price action and the RSI are no longer showing the same momentum. The RSI shows the magnitude of a price move in a specific timeframe. The RSI is one of the most popular oscillators used in technical analysis. A divergence shows the relation between the RSI and current price action is becoming uncorrelated.