In life, every intense experience makes an impression on our brain. You can think of these experiences as neuroscientific cattle-branding. The difference is these “brands” are invisible and we tend to have knee-jerk reactions to anything which triggers them. Unlike issues that screw us with family or romantic relations, trader trauma is more covert. Dr. [...]
Posted in Trading 201
I recently read an excellent article about non-confirmation at Dr. Brett’s Traderfeed. He explained that when market leading stocks do not confirm an advance in the major indexes (e.g., SPY, QQQQ), the move tends to fail. Thus, confirmation is like the engine under the hood of a moving vehicle. If the engine is firing, the [...]
Posted in Trading 201