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Don't make friends with trend, make friends with each candlestick
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Vivek Nair
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If you must play, decide upon three things at the start: the rules of the game, the stakes, and quitting time.
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Michael W. Covel (Trend Commandments: Trading for Exceptional Returns)
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A stock screening feature is then used to find the leading stocks within the leading sectors.
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Debabrata (David) Das (Make Money Trading Leading Stocks: A Beginner's Guide to Free Trading Tools, Technical Analysis, Money and Risk Management, Trading Log for profits in ... Stock Market, Trend and Momentum Trading))
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Virtually every superperformance phase in big, winning stocks occurred while the stock price was in a definite price uptrend. In almost every case, the trend was identifiable early in the superperformance advance.
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Mark Minervini (Trade Like a Stock Market Wizard: How to Achieve Super Performance in Stocks in Any Market: How to Achieve Superperformance in Stocks in Any Market)
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It should be stressed here again, however, that basic trend analysis is still the overriding consideration.
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John J. Murphy (Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications (New York Institute of Finance))
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Buying stocks when the broader overall market is trending up is a good idea, for long positions. The trend will provide a tailwind for the stock prices to move higher.
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Debabrata (David) Das (Make Money Trading Leading Stocks: A Beginner's Guide to Free Trading Tools, Technical Analysis, Money and Risk Management, Trading Log for profits in ... Stock Market, Trend and Momentum Trading))
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The tools and resources used in this book are FREE and readily available on the internet. Details on how to access these tools are shown.
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Debabrata (David) Das (Make Money Trading Leading Stocks: A Beginner's Guide to Free Trading Tools, Technical Analysis, Money and Risk Management, Trading Log for profits in ... Stock Market, Trend and Momentum Trading))
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For international readers, the FREE tools presented in this book are applicable for trading any stock market in the world.
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Debabrata (David) Das (Make Money Trading Leading Stocks: A Beginner's Guide to Free Trading Tools, Technical Analysis, Money and Risk Management, Trading Log for profits in ... Stock Market, Trend and Momentum Trading))
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the yen upturn coincided exactly with the start of a topping process in global stocks. By first quarter 2008, the yen had risen to the highest level in three years against the U.S. dollar as global stocks tumbled.
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John J. Murphy (The Visual Investor: How to Spot Market Trends (Wiley Trading Book 395))
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Constructing a trading strategy is essentially a matter of determining if the prices under certain conditions and for a certain time horizon will be mean reverting or trending, and what the initial reference price should be at any given time.
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Ernest P. Chan (Quantitative Trading: How to Build Your Own Algorithmic Trading Business (Wiley Trading))
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few trusted advisers, the president confided that he was worried about some interconnected trends taking root in the country—and most acutely within the Republican Party. There was protectionism, a belief that global commerce and international trade deals wounded the domestic workforce. There was isolationism, a reluctance to exert American influence and strength abroad. And there was nativism, a prejudice against all things foreign: traditions, cultures, people. “These isms,” Bush told his team, “are gonna eat us alive.
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Tim Alberta (American Carnage: On the Front Lines of the Republican Civil War and the Rise of President Trump)
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Now it’s no longer sufficient to assume that because you trade with the trend, you’ll make money. Of course, you still need to be with the trend, because it puts the percentages in your favor, but you also have to pay a lot more attention to where you’re getting in and out.
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Jack D. Schwager (The New Market Wizards: Conversations with America's Top Traders (Wiley Trading Book 95))
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I find that major trends are now frequently preceded by a sharp price change in the opposite direction. I still make my judgments as to probable price trends based on overall market action, as I always did. However, with a few exceptions, I now buy on breaks and sell on rallies.
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Jack D. Schwager (The New Market Wizards: Conversations with America's Top Traders (Wiley Trading Book 95))
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Quantitative historians who use statistical tools to study big-picture historical trends, created a vast database of research on more than 36,000 slave ship voyages that took place over four hundred years.
They found that there was a revolt on at least one in ten of these voyages. That was a much higher number than anyone expected.
Revolts were never easy, but revolts on slave ships in the middle of the Atlantic Ocean were basically suicide missions. Nonetheless, many captives chose death over this exceptionally horrid new kind of slavery.
This type of resistance was so expensive and time-consuming for the slavers, these historians estimate that it prevented at least a million more people from being captured and entering the slave trade. So why would a revolt happen on one ship and not another? The quantitative historians couldn't find a clear pattern, other than that captives tried to revolt whenever they would. But one thing did stand out: The more women onboard a slave ship, the more likely a revolt.
Let me emphasize this point: the more women onboard a slave ship, the more likely a revolt would occur.
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Rebecca Hall (Wake: The Hidden History of Women-Led Slave Revolts)
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I believe when using leverage, the following four conditions must be met. 1. Leverage must be in the general direction of a secular trend. 2. Leverage should never expire. 3. Leveraged positions should not be subject to forced sell. 4. The maximum possible loss should not be more than the invested capital.
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Naved Abdali
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A good rule of thumb is that every single day should include some kind of stimuli that is directed at your personal growth (working through a book, studying a skill or technique, et cetera) and some kind of stimuli that you’ve sought out for purposes of advancing your work (an industry trend report, a research study, a trade magazine).
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Todd Henry (The Accidental Creative: How to Be Brilliant at a Moment's Notice)
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Like a gold ring in a pig’s snout is a beautiful woman who shows no discretion. PROVERBS 11:22 Heavenly Father, I fear I haven’t been representing the dignity that You’ve given me. You have called me to be a woman of noble character who is respected. You have instructed me to present myself with beautiful modesty and a wise spirit. Lord, forgive me for trading in Your admirable qualities for worldly trends. My culture has glamorized provocative women with loose morals. I know You have higher standards for us because You cherish us more than we can understand. You’ve placed Your beauty inside of me, that I wouldn’t allow it to be slandered or trampled on. It breaks Your heart to see Your precious daughters throwing themselves at guys, accepting crude comments as compliments, and drawing inappropriate attention to their bodies. You created me for more than that, Lord. Remind me of my worth. Make my heart feel instantly sick the moment I present myself with less value than You’ve given me. You have crowned me as Your daughter and princess; You have inscribed Your royalty on my heart.
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Stormie Omartian (A Book of Prayers for Young Women)
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With Huawei’s design arm proving itself world-class, it wasn’t hard to imagine a future in which Chinese chip design firms were as important customers of TSMC as Silicon Valley giants. If the trends of the late 2010s were projected forward, by 2030 China’s chip industry might rival Silicon Valley for influence. This wouldn’t simply disrupt tech firms and trade flows. It would also reset the balance of military power.
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Chris Miller (Chip War: The Fight for the World's Most Critical Technology)
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The basic reason for Germany’s lack of competitiveness, however, was not political in this crude sense. The basic problem was the uncompetitive exchange rate of the Reichsmark. As we have seen, this fundamental misalignment had first emerged in the autumn of 1931 after the devaluation of sterling. The second shock had come in April 1933 with the devaluation of the dollar. By 1933 only 20 per cent of world trade was still conducted between countries with currencies fixed in terms of gold. Germany’s failure to follow this trend meant that the prices of its exports, translated at the official exchange rate of the Reichsmark, were grossly uncompetitive. This was not a matter of particular industries or sectors. It was not a matter of high wages, or excessive taxes and social levies. At prevailing exchange rates, the entire system of prices and wages in Germany was out of line with that prevailing in most of the rest of the world economy.
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Adam Tooze (The Wages of Destruction: The Making and Breaking of the Nazi Economy)
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Larry Connors, in his book Short Term Trading Strategies That Work: A Quantified Guide to Trading Stocks and ETFs, writes: “As a general rule, many people like to buy stocks when they’ve been beaten down over a long period of time. You’ll see people “bottom-fishing” stocks as they are plunging lower under their 200-day moving average however once a stock drops under its 200-day moving average, you’re better off buying stocks in a longer term uptrend than in a longer term down trend.
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Ex (Simple Stock Trading Formulas: How to Make Money Trading Stocks)
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In the eighteenth century, the Scottish Enlightenment focused attention on Glasgow and Edinburgh as centres of intellectual activity. The Scottish Enlightenment was an intellectual movement which originated in Glasgow in the early eighteenth century, and flourished in Edinburgh in the second half of the century. Its thinking was based on philosophical enquiry and its practical applications for the benefit of society ('improvement' was a favoured term). The Enlightenment encompassed literature, philosophy, science, education, and even geology. One of its lasting results was the founding of the Encyclopaedia Britannica (1768-71). The effects of the Scottish Enlightenment, especially in the second half of the century, were far-reaching in Britain and Europe.
The philosophical trends ranged from the 'common-sense' approach of Thomas Reid to the immensely influential works of David Hume, notably his Treatise of Human Nature, published in 1739. Here, his arguments on God, and the cause and effect of man's relationship with God, are far ahead of their time in the philosophical debate in Britain: ....
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Adam Smith's book The Wealth of Nations (1776) was probably the most important work on economics of the century, revolutionising concepts of trade and prophesying the growing importance of America as 'one of the foremost nations of the world'. By a remarkable coincidence, the book was published in the very same year as the American Declaration of Independence.
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Ronald Carter (The Routledge History of Literature in English: Britain and Ireland)
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Trends consist of three specific phases. Every trend moves through three phases. The accumulation phase is the period when investors with exceptional information actively buy (in a bullish trend) or sell (in a bearish trend). The public participation phase occurs when, due to price movement caused by activity in the accumulation phase, the general public joins in the trend. Finally, the distribution phase occurs when speculators enter the market and over-buy or over-sell, and at this point the observant investor begins to transact in the opposite direction.
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Thomsett, Michael (Technical Analysis of Stock Trends Explained: An Easy-to-Understand System for Successful Trading)
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There used to be a saying “In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule.” But as the world became networked first through newspapers, then radio, television and then the Internet mass neurosis spread more and more rapidly until a generation into the internet the average neurosis level of young adults was the same as mental patients had been in their grandparents time. The popular consensus was that knowledge was available for all, but the trade-off had become that intellectual rigour was lost and all knowledge regardless of veracity become regarded as the same worth. What was more, in the West a concept came about that knowledge should be free. This rapidly eliminated the resources which would have allow talented individuals to generate intellectual property rather than be wage slaves. The anti-intellectual trend which stemmed from the origins of universal free education expanded and insulting terms were applied to intellectuals confabulating intelligence and knowledge with poor social skills and inadequate emotional development. While this was attractive to the masses who felt that everyone had a right to equal intelligence and that any tests purporting to show differences were by definition false this offset any benefits that broader access to knowledge might have brought deterring many of the more able from high levels of attainment in a purely intellectual sphere. Combined with a belief that internalization of knowledge was no longer necessary – that it was all there on the Internet reduced the possible impact substantially as ideas on an external network could never cross pollinate and form a network of concepts in the minds of those whose primary skill was to search rather than to link concepts already internalized.
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Olaf Stapledon (The Last and First Men)
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It is too soon to say when or how this era will end or what will succeed it. But what is clear is that a good many of the trends are worrisome. If, for example, a Sino-American cold war materializes, it is quite possible this era may come to be known as the inter–Cold War era, one bookended by the U.S.-Soviet Cold War and one between the United States and China. Such an outcome would result in lower rates of economic growth for both because trade and investment would inevitably be curtailed. It would also reduce the potential for cooperation on regional and global issues. If the liberal world order is sustained and strengthened with the United States resuming a leading role, this could continue to be an era largely characterized by stability, prosperity, and freedom. It is possible, though, that the United States will choose to largely abandon its leading role in the world. In this case, we could in principle see an era of Chinese primacy, but given China’s character, internal constraints, and the nature and scale of the domestic challenges it faces, this is improbable. More likely is that this will turn out to be an era of deterioration, one in which no country or group of countries exercises effective global leadership. In that case, the future would be one of accelerating global disorder.
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Richard N. Haass (The World: A Brief Introduction)
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The trend toward the ownership of land by fewer and fewer individuals is, it seems to me, a disastrous thing. For when too large a proportion of the populace is supporting itself by the indirections of trade and business and commerce and art and the million schemes of men in cities, then the complexity of society is likely to become so great as to destroy its equilibrium, and it will always be out of balance in some way. But if a considerable portion of the people are occupied wholly or partially in labors that directly supply them with many things that they want, or think they want, whether it be a sweet pea or a sour pickle, then the public poise will be a good deal harder to upset.
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E.B. White (E.B. White on Dogs)
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His early research wasn’t especially original. Ax identified slight upward trends in a number of investments and tested if their average price over the previous ten, fifteen, twenty, or fifty days was predictive of future moves. It was similar to the work of other traders, often called trenders, who examine moving averages and jump on market trends, riding them until they peter out. Ax’s predictive models had potential, but they were quite crude. The trove of data Simons and others had collected proved of little use, mostly because it was riddled with errors and faulty prices. Also, Ax’s trading system wasn’t in any way automated—his trades were made by phone, twice a day, in the morning and at the end of the trading day.
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Gregory Zuckerman (The Man Who Solved the Market: How Jim Simons Launched the Quant Revolution)
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Read! Read cookbooks, trade magazines — I recommend Food Arts, Saveur, Restaurant Business magazines. They are useful for staying abreast of industry trends, and for pinching recipes and concepts. Some awareness of the history of your business is useful, too. It allows you to put your own miserable circumstances in perspective when you've examined and appreciated the full sweep of culinary history. Orwell's Down and Out in Paris and London is invaluable. As is Nicolas Freleng's The Kitchen, David Blum's Flash in the Pan, the Batterberrys' fine account of American restaurant history, On the Town in New York, and Joseph Mitchell's Up in the Old Hotel. Read the old masters: Escoffier, Bocuse et al as well as the Young Turks: Keller, Marco-Pierre White, and more recent generations of innovators and craftsmen.
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Anthony Bourdain (Kitchen Confidential: Adventures in the Culinary Underbelly)
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To summarize my trading strategy for VWAP Moving Average Trend trading: When I am monitoring a Stock in Play and notice a trend is establishing around a moving average (usually 9 EMA) in the Late-Morning session, I consider VWAP Moving Average Trend trading. If the stock has already lost the VWAP (from a VWAP False Breakout), it most likely will stay below the VWAP. Similarly, if the stock squeezed above the VWAP in the Late-Morning session, it is most likely that it will stay above the VWAP, as it means the buyers are in control. Once I learn that either 9 or 20 EMA are acting as either a support or resistance, I buy the stock after confirmation of moving averages as a support, but only if I can clearly see it “held” the VWAP. Similarly, I go short below the moving averages if I have the confirmation that it has “lost” the VWAP in the Late-Morning session. I buy or sell short as close as possible to the moving average line (in order to have a small stop). My stop will usually be 5 to 10 cents below the moving average line or, if a candlestick, close below the moving average (for long positions). For short positions, a close above the moving average would stop me out. I ride the trend until the break of 9 or 20 EMA. Usually, 20 EMA is a stronger support or resistance, so it is better to wait for that. I usually do not use trailing stops and I constantly monitor the trend with my eyes, but I know that many traders also use trailing stops. If the stock is moving really high away from the moving average, offering me an equally really nice unrealized profit, I may take some profit, usually at the 1/4 or half-position. I do not always wait until the break of moving average for my exit. Traders will say: you can never go broke by taking good profits. If the price pulls back to the moving average, I may add again to my position and continue the VWAP Moving Average Trend trade. Remember, when you take profit, you should always bring your stop loss to break-even. Never go red on a stock that you already booked some profit on.
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Andrew Aziz (Day Trading for a Living (Stock Market Trading and Investing))
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During the boisterous years of my youth nothing used to damp my wild spirits so much as to think that I was born at a time when the world had manifestly decided not to erect any more temples of fame except in honour of business people and State officials. The tempest of historical achievements
seemed to have permanently subsided, so much so that the future appeared to be irrevocably delivered over to what was called peaceful competition between the nations. This simply meant a system of mutual exploitation by fraudulent means, the principle of resorting to the use of force in self-defence being formally excluded. Individual countries increasingly assumed the appearance of commercial undertakings, grabbing territory and clients and concessions from each other under any and every kind of pretext. And it was all staged to an accompaniment of loud but innocuous shouting. This trend of affairs seemed destined to develop steadily and permanently. Having the support of public approbation, it seemed bound eventually to transform the world into a mammoth department store. In the vestibule of this emporium there would be rows of monumental busts which would confer immortality on those profiteers who had proved themselves the shrewdest at their trade and those administrative officials who had shown themselves the most innocuous. The salesmen could be represented by the English and the administrative functionaries by the Germans; whereas the Jews would be sacrificed to the unprofitable calling of proprietorship, for they are constantly avowing that they make no profits and are always being called upon to 'pay out'. Moreover they have the advantage of being versed in the foreign languages.
Why could I not have been born a hundred years ago? I used to ask myself. Somewhere about the time of the Wars of Liberation, when a man was still of some value even though he had no 'business'.
Thus I used to think it an ill-deserved stroke of bad luck that I had arrived too late on this terrestrial globe, and I felt chagrined at the idea that my life would have to run its course along peaceful and orderly lines. As a boy I was anything but a pacifist and all attempts to make me so turned out futile.
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Adolf Hitler (Mein Kampf)
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Within the huge trade unions, a similar managerial officialdom, the “labor bureaucracy” consolidates its position as an elite. This elite is sharply distinguished in training, income, habits and outlook from the ordinary union member. The trend extends to the military world, the academic world, the non-profit foundations and even auxilliary organizations of the U.N. Armies are no longer run by “fighting captains” but by a Pentagon-style managerial bureaucracy. Within the universities, proliferating administrators have risen above students, teaching faculty, alumni and parents, their power position expressed in the symbols of higher salaries and special privileges. The great “non-profit foundations” have been transformed from expressions of individual benevolence into strategic bases of managerial-administrative power. The United Nations has an international echelon of manager entrenched in the Secretariat. There are fairly obvious parallels in the managerial structures of the diverse institutional fields. For example, managers in business are stockholders as labor managers are to union members; as government managers are to voters; as public school administrators are to tax-payers; as university and private school administrators are to tuition payers and fund contributors.
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James Burnham (The Managerial Revolution: What is Happening in the World)
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But guess what happened. Once salaries became public information, the media regularly ran special stories ranking CEOs by pay. Rather than suppressing the executive perks, the publicity had CEOs in America comparing their pay with that of everyone else. In response, executives’ salaries skyrocketed. The trend was further “helped” by compensation consulting firms (scathingly dubbed “Ratchet, Ratchet, and Bingo” by the investor Warren Buffett) that advised their CEO clients to demand outrageous raises. The result? Now the average CEO makes about 369 times as much as the average worker—about three times the salary before executive compensation went public. Keeping that in mind, I had a few questions for the executive I met with. “What would happen,” I ventured, “if the information in your salary database became known throughout the company?” The executive looked at me with alarm. “We could get over a lot of things here—insider trading, financial scandals, and the like—but if everyone knew everyone else’s salary, it would be a true catastrophe. All but the highest-paid individual would feel underpaid—and I wouldn’t be surprised if they went out and looked for another job.” Isn’t this odd? It has been shown repeatedly that the link between amount of salary and happiness is not as strong as one would expect it to be
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Dan Ariely (Predictably Irrational: The Hidden Forces That Shape Our Decisions)
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Almost immediately after jazz musicians arrived in Paris, they began to gather in two of the city’s most important creative neighborhoods: Montmartre and Montparnasse, respectively the Right and Left Bank haunts of artists, intellectuals, poets, and musicians since the late nineteenth century. Performing in these high-profile and popular entertainment districts could give an advantage to jazz musicians because Parisians and tourists already knew to go there when they wanted to spend a night out on the town. As hubs of artistic imagination and experimentation, Montmartre and Montparnasse therefore attracted the kinds of audiences that might appreciate the new and thrilling sounds of jazz. For many listeners, these locations leant the music something of their own exciting aura, and the early success of jazz in Paris probably had at least as much to do with musicians playing there as did other factors.
In spite of their similarities, however, by the 1920s these neighborhoods were on two very different paths, each representing competing visions of what France could become after the war. And the reactions to jazz in each place became important markers of the difference between the two areas and visions. Montmartre was legendary as the late-nineteenth-century capital of “bohemian Paris,” where French artists had gathered and cabaret songs had filled the air. In its heyday, Montmartre was one of the centers of popular entertainment, and its artists prided themselves on flying in the face of respectable middle-class values. But by the 1920s, Montmartre represented an established artistic tradition, not the challenge to bourgeois life that it had been at the fin de siècle. Entertainment culture was rapidly changing both in substance and style in the postwar era, and a desire for new sounds, including foreign music and exotic art, was quickly replacing the love for the cabarets’ French chansons. Jazz was not entirely to blame for such changes, of course. Commercial pressures, especially the rapidly growing tourist trade, eroded the popularity of old Montmartre cabarets, which were not always able to compete with the newer music halls and dance halls. Yet jazz bore much of the criticism from those who saw the changes in Montmartre as the death of French popular entertainment. Montparnasse, on the other hand, was the face of a modern Paris. It was the international crossroads where an ever changing mixture of people celebrated, rather than lamented, cosmopolitanism and exoticism in all its forms, especially in jazz bands. These different attitudes within the entertainment districts and their institutions reflected the impact of the broader trends at work in Paris—the influx of foreign populations, for example, or the advent of cars and electricity on city streets as indicators of modern technology—and the possible consequences for French culture. Jazz was at the confluence of these trends, and it became a convenient symbol for the struggle they represented.
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Jeffrey H. Jackson (Making Jazz French: Music and Modern Life in Interwar Paris (American Encounters/Global Interactions))
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We have become so trusting of technology that we have lost faith in ourselves and our born instincts. There are still parts of life that we do not need to “better” with technology. It’s important to understand that you are smarter than your smartphone. To paraphrase, there are more things in heaven and earth than are dreamt of in your Google. Mistakes are a part of life and often the path to profound new insights—so why try to remove them completely? Getting lost while driving or visiting a new city used to be an adventure and a good story. Now we just follow the GPS. To “know thyself” is hard work. Harder still is to believe that you, with all your flaws, are enough—without checking in, tweeting an update, or sharing a photo as proof of your existence for the approval of your 719 followers. A healthy relationship with your devices is all about taking ownership of your time and making an investment in your life. I’m not calling for any radical, neo-Luddite movement here. Carving out time for yourself is as easy as doing one thing. Walk your dog. Stroll your baby. Go on a date—without your handheld holding your hand. Self-respect, priorities, manners, and good habits are not antiquated ideals to be traded for trends. Not everyone will be capable of shouldering this task of personal responsibility or of being a good example for their children. But the heroes of the next generation will be those who can calm the buzzing and jigging of outside distraction long enough to listen to the sound of their own hearts, those who will follow their own path until they learn to walk erect—not hunched over like a Neanderthal, palm-gazing. Into traffic. You have a choice in where to direct your attention. Choose wisely. The world will wait. And if it’s important, they’ll call back.
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Jocelyn K. Glei (Manage Your Day-To-Day: Build Your Routine, Find Your Focus, and Sharpen Your Creative Mind)
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When trying to understand why people acted in a certain way, you might use a short checklist to guide your probing: their knowledge, beliefs and experience, motivation and competing priorities, and their constraints. •Knowledge. Did the person know something, some fact, that others didn’t? Or was the person missing some knowledge you would take for granted? Devorah was puzzled by the elderly gentleman’s resistance until she discovered that he didn’t know how many books could be stored on an e-book reader. Mitchell knew that his client wasn’t attuned to narcissistic personality disorders and was therefore at a loss to explain her cousin’s actions. Walter Reed’s colleagues relied on the information that mosquitoes needed a two- to three-week incubation period before they could infect people with yellow fever. •Beliefs and experience. Can you explain the behavior in terms of the person’s beliefs or perceptual skills or the patterns the person used, or judgments of typicality? These are kinds of tacit knowledge—knowledge that hasn’t been reduced to instructions or facts. Mike Riley relied on the patterns he’d seen and his sense of the typical first appearance of a radar blip, so he noticed the anomalous blip that first appeared far off the coastline. Harry Markopolos looked at the trends of Bernie Madoff’s trades and knew they were highly atypical. •Motivation and competing priorities. Cheryl Cain used our greed for chocolate kisses to get us to fill in our time cards. Dennis wanted the page job more than he needed to prove he was right. My Procter & Gamble sponsors weren’t aware of the way the homemakers juggled the needs for saving money with their concern for keeping their clothes clean and their families happy. •Constraints. Daniel Boone knew how to ambush the kidnappers because he knew where they would have to cross the river. He knew the constraints they were operating under. Ginger expected the compliance officer to release her from the noncompete clause she’d signed because his company would never release a client list to an outsider.
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Gary Klein (Seeing What Others Don't: The Remarkable Ways We Gain Insights)
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Volume is often heavy when things are about to change, signaling a breakout of support or resistance, and a possible change in trend.
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Ex (Simple Option Trading Formulas)
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As the stock trades lower each day, what is the volume doing? Right! It is increasing. The volume is confirming the trend. We always check the volume. If a stock is advancing and the volume is declining, then it is not confirming the trend.
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Fred McAllen (Charting and Technical Analysis)
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1298: Seizure of the Gran Tavola of Sienna by Philip IV of France 1307: Liquidation of the Knights Templar by Philip IV 1311: Edward II default to the Frescobaldi of Florence 1326: Bankruptcy of the Scali of Florence and Asti of Sienna 1342: Edward III default to the Florentine banks during the Hundred Years’ War 1345: Bankruptcy of the Bardi and Peruzzi; depression, Great crash of the 1340s 1380: Ciompi Revolt in Florence. Crash of the early 1380s 1401: Italian bankers expelled from Aragon in 1401, England in 1403, France in 1410 1433: Fiscal crisis in Florence after wars with Milan and Lucca 1464: Death of Cosimo de Medici: loans called in; wave of bankruptcies in Florence 1470: Edward IV default to the Medici during the Wars of the Roses 1478: Bruges branch of the Medici bank liquidated on bad debts 1494: Overthrow of the Medici after the capture of Florence by Charles VIII of France 1525: Siege of Genoa by forces of Spain and the Holy Roman Empire; coup in 1527 1557: Philip II of Spain restructuring of debts inherited from Charles V 1566: Start of the Dutch Revolt against Spain: disruption of Spanish trade 1575: Philip II default: Financial crisis of 1575–79 affected Genoese creditors 1596: Philip II default: Financial crisis of 1596 severely affected Genoese businessmen 1607: Spanish state bankruptcy: failure of Genoese banks 1619: Kipper-und-Wipperzeit: Monetary crisis at the outbreak of the Thirty Years’ War
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Michael W. Covel (Trend Following: How to Make a Fortune in Bull, Bear, and Black Swan Markets (Wiley Trading))
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The players who score the most runs are home run hitters, not those with consistent batting records. “It’s the same with trading. Consistency is something to strive for, but it’s not always optimal. Trading is a waiting game. You sit and wait and make a lot of money all at once. The profits tend to come in bunches. The secret is to go sideways between the home runs, not lose too much between them.”12
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Michael W. Covel (Trend Following: How to Make a Fortune in Bull, Bear, and Black Swan Markets (Wiley Trading))
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The best place to live on this curve is the spot where you can deal with the emotional aspect of equity drawdown required to get the maximum return. How much heat can you stand? Money management is a thermostat—a control system for risk that keeps your trading within the comfort zone. Gibbons Burke5
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Michael W. Covel (Trend Following: How to Make a Fortune in Bull, Bear, and Black Swan Markets (Wiley Trading))
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The beginning of a price move is usually hard to trade because you’re not sure whether you’re right about the direction of the trend. The end is hard because people start taking profits and the market gets very choppy. The middle of the move is what I call the easy part.” — Randy McKay
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Ashu Dutt (15 Easy Steps to Mastering Technical Charts)
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The Different Trading Methodologies In this part of the book, you'll learn about the different methodologies that day traders use. Basic Moving Averages Moving averages indicate the average stock price for a specific time period. Traders call these averages “moving” because they reflect the latest information while sticking to the assigned period of time. The main weakness of this approach is that it lags the stock market, so it doesn't really show trend changes. You can solve this problem by using a short timeframe (e.g. 5 days). This way, you can make sure that the information you're using shows the recent trends in the market. Here are the concepts you need to remember while using this approach: When the closing price is higher than the average, you should buy shares from that company. When the closing price is lower than the average, you must sell your shares (if any).
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Zachary D. West (Stocks: Investing and Trading Stocks in the Market - A Beginner's Guide to the Basics of Stock Trading and Making Money in the Market)
“
Strong up-trend when 40 day MA > 120 day MA and RSI is over 70. Long-term up-trend/short-term pullback when 40 day MA > 120 day MA and RSI is below 30. Trend strength definition for down-trends Strong down-trend when 40 day MA < 120 day MA and RSI is below 30. Long-term down-trend/short-term rally when 40 day MA < 120 day MA and RSI is above 70. Stochastics Oscillator The stochastics oscillator is another indicator which is commonly used to define whether a market is either overbought or oversold. The common definition being that if the Stochastic is below 20 a market is oversold and if the stochastic is above 80 a market is overbought.
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Llewelyn James (The Honest Guide to Candlestick Patterns: Specific Trading Strategies. Back-Tested for Proven Results.)
“
You don’t have to trade everyday. There will be days when you don’t find a trade which has low risk. Spend those days reviewing charts and seeing if you missed any stocks with a trend. Then there will be days where you will find dozens of stocks to trade. On those days, go for the big profits.
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Ashu Dutt (Trading The Markets For A Living)
“
Position Trading Position trading works best for traders who can’t spend the whole day trading. Position trades are taken on the larger trend in the market or a stock, and may last many days or even several months. The critical aspect of position trading is to always keep a stop loss and adjust the stop loss as the stock moves. That takes care of any sudden jolts to the stock which may be of a significant nature.
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Ashu Dutt (15 Easy Steps to Mastering Technical Charts)
“
Position trading will suit you if you are inclined to follow fundamentals but have realized that even if a stock is fundamentally strong, it needs to get a “push” from institutional investors or investor interest of some kind. Since this kind of trading does not require constant monitoring, it also works for those who trade part time. The stocks depicted in Charts 12.10 and 12.11 have had no upward trend in the past eight months. In fact, they have dipped below their range. These are the kind of stocks you should not take a position trade in even if the stock runs up for a couple of days.
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Ashu Dutt (15 Easy Steps to Mastering Technical Charts)
“
This makes sense, since human nature is a constant. Trend following seeks to profit from this collective behavior of market participants, who move into and out of the market, driven by vast alternating waves of fear and greed. In
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Matthew R. Kratter (Learn to Trade Momentum Stocks: Make Money with Trend Following)
“
Our best trading days are when we don’t trade.
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Michael W. Covel (Trend Following: How to Make a Fortune in Bull, Bear, and Black Swan Markets (Wiley Trading))
“
If the market repeatedly tests a trend line many times in a relatively small number of bars and the market cannot drift far from that trend line, then either of two things will likely happen. Most of the time, the market will break through the trend line and attempt to reverse the trend. However, sometimes the market does the opposite and moves quickly away from the trend line as traders give up trying to break through it. The trend then accelerates rather than reverses.
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Al Brooks (Trading Price Action Trends: Technical Analysis of Price Charts Bar by Bar for the Serious Trader (Wiley Trading Book 540))
“
Page 49-50:
… more than 30 different trade guilds (kung-hui) flourish among Chinese merchants and professional men in Bangkok … Their importance lies in the assistance they render in the economic adjustment of the Chinese immigrants and in the continuing services of an economic nature they perform for members—circulating trade information, advising on economic trends and policies, hindering the development of unwanted competition. …
Membership in these trade guilds is entirely Chinese, either immigrants or their immediate descendants. To become a member of a trade guild, one has first to be engaged in a particular type of business or profession; and secondly, one must be approved by the leaders of that particular guild. Both these provisions work to exclude Thai. An individual cannot ordinarily become a goldsmith, or vegetable merchant, or printer, or take up any of the other occupations represented by these guilds without first learning the trade. This apprenticeship system is controlled by Chinese organizations, open normally to other Chinese whatever their dialect group affiliation, but closed to outsiders, i.e., the Thai …
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Richard J. Coughlin (Double Identity: The Chinese in Modern Thailand)
“
When a market is moving strongly in one direction, we often do not see enough support behind the countermove. In other words, although the dominant side is losing steam, the counter side is not strong enough to make a considerable correction. The trend is, therefore, highly likely to continue in its underlying direction.
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Frank Miller (Secrets on Fibonacci Trading: Mastering Fibonacci Techniques In Less Than 3 Days)
“
A continuation pattern during the course of a major trend allows me to advance my initial protective stop in the direction of a profitable trade. A breakout of a continuation chart will be accompanied by its own Last Day Rule. I may elect to move the protective stop from the initial Last Day Rule to the new Last Day Rule created by the continuation pattern.
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Peter L. Brandt (Diary of a Professional Commodity Trader: Lessons from 21 Weeks of Real Trading)
“
It is also possible that a pattern implying a reversal of trend could develop prior to the attainment of an expected target. I may elect to move my protective stop in relationship to a pattern that carries trend implications counter to my position.
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Peter L. Brandt (Diary of a Professional Commodity Trader: Lessons from 21 Weeks of Real Trading)
“
Ticker tape fever. During the run-up to the 1929 crash on Wall Street, many people had become addicted to playing the stock market, and this addiction had a physical component—the sound of the ticker tape that electronically registered each change in a stock’s price. Hearing that clicking noise indicated something was happening, somebody was trading and making a fortune. Many felt drawn to the sound itself, which felt like the heartbeat of Wall Street. We no longer have the ticker tape. Instead many of us have become addicted to the minute-by-minute news cycle, to “what’s trending,” to the Twitter feed, which is often accompanied by a ping that has its own narcotic effects. We feel like we are connected to the very flow of life itself, to events as they change in real time, and to other people who are following the same instant reports. This need to know instantly has a built-in momentum. Once we expect to have some bit of news quickly, we can never go back to the slower pace of just a year ago. In fact, we feel the need for more information more quickly. Such impatience tends to spill over into other aspects of life—driving, reading a book, following a film. Our attention span decreases, as well as our tolerance for any obstacles in our path.
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Robert Greene (The Laws of Human Nature)
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Your approach becomes objective, moving as close as you can to rational. You have enough confidence in your own decision making that you never seek out investment recommendations. You’re content to wait patiently for the right opportunity. And you’re never too proud to buy a stock making new highs, even all-time highs. For you, investing opportunities are market breakouts. Conversely, when wrong, you exit immediately, no questions asked. You view loss as an opportunity to learn, move on, and save money to play another day. Obsessing on the past is pointless. You approach trading as a business, making note of what you buy or sell and why in the same matter-of-fact way you balance your checkbook. By not personalizing your trading decisions, your emotional indecision has the chance to decrease.
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Michael W. Covel (Trend Following: How to Make a Fortune in Bull, Bear, and Black Swan Markets (Wiley Trading))
“
While you can learn a lot about the markets by studying his infographics online, this book takes it a step further by explaining the timeless principles of technical analysis that measure the emotions and trends of the market. It illustrates how to trade price action and demystifies chart patterns with a common sense approach. It's important to realize that there's more to trading than memorizing patterns. It's critical that traders learn to manage their risk and their emotions for long term success, and Rolf does a great job of sharing these principles and making them applicable to technical chart analysis in all financial markets. Rolf set out to write the trading book he wished he had when he started his trading journey 15 years ago, and in the process, he created the book that every new trader will be thankful for
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Rolf Schlotmann (Trading: Technical Analysis Masterclass: Master the financial markets)
“
Ed Seykota: "Fundamentals that you read about are typically useless as the market has already discounted the price, and I call them 'funny-mentals.' I am primarily a trend trader with touches of hunches based on about twenty years of experience. In order of importance to me are: (1) the long-term trend, (2) the current chart pattern, and (3) picking a good spot to buy or sell. Those are the three primary components of my trading. Way down in very distant fourth place are my fundamental ideas and, quite likely, on balance, they have cost me money.
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Matthew R. Kratter (A Beginner's Guide to the Stock Market)
“
1. Don’t buy stocks that are hitting 52-week lows. We have already discussed this point, but it bears repeating, simply because so many new traders lose a lot of money trying to catch the proverbial “falling knife.” In spite of what everyone will tell you, you are almost always much better off buying a stock that is hitting 52-week highs than one hitting 52-week lows. Has a company that you own just reported some really bad news? If so, remember that there is never just one cockroach. Bad news comes in clusters. Many investors recently learned this the hard way with General Electric, which just kept reporting one bad thing after another, causing the stock to crash from 30 to 7. There is no such thing as a “safe stock.” Even a blue chip stock can go down a lot if it loses its competitive advantage or the company makes bad decisions. A cascade of bad news can often cause a stock to trend down or gap down repeatedly. If you own a stock that does this, it is often better to get out and wait a few months (or years) to reenter. Again, there is never just one cockroach. Never buy a stock after you have seen the first cockroach. When a stock goes down a lot, it can affect the company's fundamentals as well. Employee and management morale will deteriorate, the best employees may leave the company, and it may become more difficult for the company to raise money by selling shares or issuing debt. Conversely, when a stock goes up a lot, it can improve the company's fundamentals. Employee and management morale will be high, everyone at the company will want to work harder, it will be easier to recruit new talent, and it will become easier for the company to raise money by issuing stock or debt. If you stick to stocks that are trading above their 200-day moving averages, or that are hitting 52-week highs, you will do much better than trying to catch falling knives.
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Matthew R. Kratter (A Beginner's Guide to the Stock Market)
“
2. Don’t trade penny stocks. A penny stock is any stock that trades under $5. Unless you are an advanced trader, you should avoid all penny stocks. I would extend this by encouraging you to also avoid all stocks priced under $10. Even if you have a small trading account ($5,000) or less, you are better off buying fewer shares of a higher-priced stock than a lot of shares of a penny stock. That is because low-priced stocks are most often associated with lower quality companies. As a result, they are not usually allowed to trade on the NYSE or the Nasdaq. Instead, they trade on the OTCBB ("over the counter bulletin board") or Pink Sheets, both of which have much less stringent financial reporting requirements than the major exchanges do. Many of these companies have never made a profit. They may be frauds or shell companies that are designed solely to enrich management and other insiders. They may also include former “blue chips” that have fallen on hard times like Eastman Kodak or Lehman Brothers. In addition, penny stocks are inherently more volatile than higher-priced stocks. Think of it this way: if a $100 stock moves $1, that is a 1% move. If a $5 stock moves $1, that is a 20% move. Many new traders underestimate the kind of emotional and financial damage that this kind of volatility can cause. In my experience, penny stocks do not trend nearly as well as higher-priced stocks. They tend to be more mean-reverting (Mean reversion occurs when a stock moves up sharply from its average trading price, only to fall right back down again to its average trading price). Many of them are eventually headed to zero, but they are still not good short candidates. Most brokers will not let you short them. And even if you do find a broker who will let you short a penny stock, how would you like to wake up to see your penny stock trading at $10 when you just shorted it at $2 a few days before? I learned that lesson the hard way. It turned out that I was risking $8 to make $2, which is not a good way to make money over the long term. To add injury to insult, a penny stock might appear to be liquid one day, and the next day, the liquidity dries up and you are confronted by a $2 bid/ask spread. Or the bid might completely disappear. Imagine owning
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Matthew R. Kratter (A Beginner's Guide to the Stock Market)
“
If the end of a trend features a large candle with much higher volume than other recent bars, then watch out! You may be looking at a blowout (top or bottom). If so, the trend is likely to be over in the short term and may even reverse soon. Your chances of success in trading the “action” move are therefore lower, as a reversal is underway and the new trend is developing in the other direction.
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Troy Noonan (Day Trading QuickStart Guide: The Simplified Beginner's Guide to Winning Trade Plans, Conquering the Markets, and Becoming a Successful Day Trader (Trading & Investing - QuickStart Guides))
“
Looming over all such changes was globalization—the dispersal of the world’s trade and finances through advances in shipping, air freight, telecommunications, and computerized banking and money exchanges, which allowed U.S. businesses access to lower-cost workers and production overseas—a trend that accelerated when the Soviet Union collapsed in 1989, bringing down the iron curtain and opening new markets as well as cheap labor to global producers. This
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Philip Dray (There is Power in a Union)
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When trading countertrend against a strong trend, it is imperative to wait for the signal bar to close before placing your order, and then only enter on a stop at one tick beyond the bar in the direction of your trade (if you are buying, buy at one tick above the high of the prior bar on a stop).
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Al Brooks (Trading Price Action Trends: Technical Analysis of Price Charts Bar by Bar for the Serious Trader (Wiley Trading Book 540))
“
The market internals tell us how many stocks are making new highs and new lows as the major market indexes are advancing. They also tell us the number of stocks advancing versus those that are declining. We are looking for divergences. For example, it is not a good sign to see more stocks hitting new lows than new highs while the major indices are hitting all-time highs. Similarly, it’s not a good sign to see total volume contracting while prices are breaking to new highs.
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Fred McAllen (Trading the Trends)
“
The very first advance is too steep. A healthy advance should never create a trend line that is more than a 45 degree angle. Thus, a sustainable advance should always be less than a 45 degree angle.
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Fred McAllen (Trading the Trends)
“
There is a conundrum at the heart of the efficient-markets hypothesis, often called the Grossman-Stiglitz Paradox after a seminal 1980 paper written by hedge fund manager Sanford Grossman and the Nobel laureate economist Joseph Stiglitz.22 “On the Impossibility of Informationally Efficient Markets” was a frontal assault on Eugene Fama’s theory, pointing out that if market prices truly perfectly reflected all relevant information—such as corporate data, economic news, or industry trends—then no one would be incentivized to collect the information needed to trade. After all, doing so is a costly pursuit. But then markets would no longer be efficient. In other words, someone has to make markets efficient, and somehow they have to be compensated for the work involved. This paradox has hardly held back the growth of passive investing. Many investors gradually realized that whatever academic theory one subscribes to, the cold unforgiving fact is that over time most active managers underperform their benchmarks. Even if they do beat the market, a lot of the “alpha” they produce is then often gobbled up by their fees. With his usual wit, Bogle dubbed this the “Cost Matters Hypothesis.”23 However, the truth of the Grossman-Stiglitz Paradox does raise some pertinent questions around whether markets may become less efficient as more and more investing is done through index funds.
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Robin Wigglesworth (Trillions: How a Band of Wall Street Renegades Invented the Index Fund and Changed Finance Forever)
“
the trend has been established before the news is published, and in all bull markets bear items are ignored and bull news items exaggerated; and vice versa.”1
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Jamie Saettele (Sentiment in the Forex Market: Indicators and Strategies To Profit from Crowd Behavior and Market Extremes (Wiley Trading Book 339))
“
1. Divide capital into 10 equal parts and never risk more than a tenth of it on any one trade.
2. Never overtrade.
3. Never let a profit run into a loss.
4. Do not buck the trend.
5. Trade only in active stocks.
6. When in doubt, get out, and don't get in when in doubt.
7. Never buy just to get a dividend.
8. Never average a loss.
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Kenneth L. Fisher (100 Minds That Made the Market (Fisher Investments Press Book 23))
“
First, price changes are not independent of each other. Research over the past few decades, by me and then by others, shows that many financial price series have a "memory," of sorts. Today does, in fact, influence tomorrow. If prices take a big leap up or down now, there is a measurably greater likelihood that they will move just as violently the next day. It is not a well-behaved, predictable pattern of the kind economists prefer-not, say, the periodic up-and-down procession from boom to bust with which textbooks trace the standard business cycle. Examples of such simple patterns, periodic correlations between prices past and present, have long been observed in markets-in, say, the seasonal fluctuations of wheat futures prices as the harvest matures, or the daily and weekly trends of foreign exchange volume as the trading day moves across the globe.
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Benoît B. Mandelbrot (The (Mis)Behavior of Markets)
“
number of shares to buy = (account size x percentage risked on each trade) / (entry price - stop loss) = ($10,000 x 0.02) / (17.07 - 14.50) = 77.82 shares, which we will round up to 80 shares.
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Matthew R. Kratter (Learn to Trade Momentum Stocks: Make Money with Trend Following)
“
Good psychiatry and good trading have one important principle in common. Both focus on reality, on seeing the world the way it is. To live a healthy life, you have to live with your eyes open. To be a good trader, you need to trade with your eyes open, recognize real trends and turns, and not waste time or energy on fantasies, regrets, and wishful thinking.
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Anonymous
“
Motive Waves There are two types of Motive Waves: Impulse Waves and Diagonal Triangles. Impulse Waves The basic characteristics of Impulse Waves are as follows: 1. Wave 2 never retraces (corrects) more than 100% of Wave 1. 2. Most of the times Wave 3 is the longest wave in the 5 Wave series but is never the shortest. 3. Wave 4 never overlaps Wave 1. 4. Wave 2 and Wave 4 always alternate i.e., if Wave 2 is a zigzag, Wave 4 will be a complex correction and vice-versa. 5. Wave 4 retraces atleast until the end of fourth wave of lower degree. 6. Impulse waves occur within parallel trend channels i.e. when we connect the ends of wave 2 and 4, and draw a line parallel to it from the end of wave 3, Wave 5 can be expected to end at the upper trend line. 7. Impulse Wave formations during bull and bear markets are as shown in Figures below.
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Jasjeet Kaur (How to trade using Elliott Wave Theory)
“
Trend markets with large movements in an upward or downward direction over an extended period of time. The trend markets see major reversals several
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Ex (Simple Option Trading Formulas)
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The view has been gaining widespread acceptance that corporate officials and labor leaders have a “social responsibility” that goes beyond serving the interest of their stockholders or their members. This view shows a fundamental misconception of the character and nature of a free economy.
In such an economy, there is one and only one social responsibility of business—to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game, which is to say, engages in open and free competition, without deception or fraud….It is the responsibility of the rest of us to establish a framework of law such that an individual in pursuing his own interest is, to quote Adam Smith again, “led by an invisible hand to promote an end which was no part of his intention. Nor is it always the worse for the society that it was no part of it. By pursuing his own interest, he frequently promotes that of the society more effectually than when he really intends to promote it. I have never known much good done by those who affected to trade for the public good.”
Few trends could so thoroughly undermine the very foundations of our free society as the acceptance by corporate officials of a social responsibility other than to make as much money for their stockholders as possible. This is a fundamentally subversive doctrine. If businessmen do have a social responsibility other than making maximum profits for stockholders, how are they to know what it is? Can self-selected private individuals decide what the social interest is? Can they decide how great a burden they are justified in placing on themselves or their stockholders to serve that social interest? Is it tolerable that these public functions of taxation, expenditure, and control be exercised by the people who happen at the moment to be in charge of particular enterprises, chosen for those posts by strictly private groups? If businessmen are civil servants rather than the employees of their stockholders then in a democracy they will, sooner or later, be chosen by the public techniques of election and appointment.
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Milton Friedman (Capitalism and Freedom)
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You shouldn't confuse “stock trading” with “stock investing.” The former requires the stockholder to purchase, hold, or sell stocks to earn profits. The latter, on the other hand, allows the stockholder to get a regular stream of income just by acquiring stocks. Trading stocks can help you reap large profits on a daily basis. If you will purchase or sell the right stocks, you can secure huge revenues every day. Here, you won't have to study corporations deeply. You just have to observe the trends in the stock market, make some predictions, and purchase or sell stocks according to your predictions.
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Zachary D. West (Stocks: Investing and Trading Stocks in the Market - A Beginner's Guide to the Basics of Stock Trading and Making Money in the Market)
“
These five variables will give you loads of information about the stock you're working on. However, you can't predict future price changes just by reading these numbers. You must analyze these variables over a long time period to assess market trends.
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Zachary D. West (Stocks: Investing and Trading Stocks in the Market - A Beginner's Guide to the Basics of Stock Trading and Making Money in the Market)
“
Figure 3.35 shows examples of nonstandard trend lines: FIGURE 3.35 Nonstandard Trend Lines in XLF A is drawn between lows in a downtrend instead of between highs in a downtrend. B is also drawn between lows in a downtrend. Furthermore, it ignores a large price spike in an effort to fit the line to later data. C is more of a best-fit line drawn through the center of a price area. These may be drawn freehand or via a procedure like linear regression. D is drawn between highs in an uptrend. E raises a critical point about trend lines: They are lines drawn between successive swings in the market. If there are no swings, there should be no trend line. It would be hard to argue that the market was showing any swings at E, at least on this time frame. This trend line may be valid on a lower time frame, but it is nonstandard on this time frame. In general, trend lines are tools to define the relationship between swings, and are a complement to the simple length of swing analysis. As such, one of the requirements for drawing trend lines is that there must actually be swings in the market. We see many cases where markets are flat, and it is possible to draw trend lines that touch the tops or bottoms of many consecutive price bars. With one important exception later in this chapter, these types of trend lines do not tend to be very significant. They are penetrated easily by the smallest motions in the market, and there is no reliable price action after the penetration. Avoid drawing these trend lines in flat markets with no definable swings.
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Adam H. Grimes (The Art and Science of Technical Analysis: Market Structure, Price Action, and Trading Strategies (Wiley Trading Book 547))
“
Les pertes sont inévitables, sauf le cas de Madoff. Vous avez besoin d'accepter ce fait vous ne pouvez pas éviter les perd. Essayer d'éviter les pertes ne fera que provoquer des pertes plus importantes. Votre travail consiste à «essayer» les garder petits. Lorsque vous détailler exactement ce que vous êtes prêt à risquer un Trading d'accepter le fait que le Trading ne pas avoir à travailler. Acceptez le fait que vous pouvez perdre de l'argent. Cet argent vous êtes prêt à perdre doit être une petite quantité qui n'affecte pas votre état émotionnel ou votre compte de trading. Par exemple, si vous disposez d'un compte de trading 100.000 $ et que vous êtes prêt à risquer 1% sur un Trade vous vous tenez la possibilité de perdre 1000 $. Si vous ne pouvez pas tolérer que vous pouvez réduire votre risque sur le Trading à un pourcentage inférieur ou tout simplement peut-être la Trade n'est pas pour vous. Vous avez besoin d'accepter l'incertitude la plus complète lorsque nous faisons des échanges. La seule certitude est l'incertitude. Une fois que votre serviteur internaliser ce fait de commencer la construction de la patience et de la discipline. La discipline est d'avoir des règles de Trade et ayant la capacité de les suivre parce que vous avez accepté les risques inhérents lors de la Trade ainsi que la
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Trend Following mentor (Les fautes des jours de bourse (Trend Following Mentor) (French Edition))
“
Every morning, draw up a list of 5 to 10 day stocks to trade. Keep a list of another 5 stocks where you want to see a sustained move before taking any action. If you wish, you can also have a list of 5 stocks that you can hold over a few days or months if their trend is continuous.
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Ashu Dutt (Trading The Markets For A Living)
“
Gaps are created because of after-market news from the previous day or a strong opening in global markets, and for a variety of other reasons. If a stock opens with a gap, watch for the stock to maintain its upward trend
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Ashu Dutt (Trading The Markets For A Living)
“
Milken told his boss, Edwin Kantor, who was in charge of all fixed-income trading, that he wanted to create an autonomous unit, with its own sales force, its own traders and its own research people: the high-yield- and convertible-bond department. Selling these low-rated bonds, he explained, was more like selling stocks than it was like selling high-grade bonds. If a bond was rated triple A by a rating agency, institutions bought them based on that rating—not on the salesman’s pitch about the company. But to convince an investor to buy a bond with a C rating you had to tell the company’s story. You had to know the company’s management, its product, its balance sheet, its earnings trend and cash flow—just as you would in trying to sell the stock of a little-known company.
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Connie Bruck (The Predators' Ball: The Inside Story of Drexel Burnham and the Rise of the JunkBond)
“
There is so much trade between North Korea and China that there are even goods made specifically for the North Korean market, such as televisions that run on very low power.
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Daniel Tudor (North Korea Confidential: Private Markets, Fashion Trends, Prison Camps, Dissenters and Defectors)
“
And, as inflation has fallen, so bonds have rallied in what has been one of the great bond bull markets of modern history. Even more remarkably, despite the spectacular Argentine default – not to mention Russia’s in 1998 – the spreads on emerging market bonds have trended steadily downwards, reaching lows in early 2007 that had not been seen since before the First World War, implying an almost unshakeable confidence in the economic future. Rumours of the death of Mr Bond have clearly proved to be exaggerated. Inflation has come down partly because many of the items we buy, from clothes to computers, have got cheaper as a result of technological innovation and the relocation of production to low-wage economies in Asia. It has also been reduced because of a worldwide transformation in monetary policy, which began with the monetarist-inspired increases in short-term rates implemented by the Bank of England and the Federal Reserve in the late 1970s and early 1980s, and continued with the spread of central bank independence and explicit targets in the 1990s. Just as importantly, as the Argentine case shows, some of the structural drivers of inflation have also weakened. Trade unions have become less powerful. Loss-making state industries have been privatized. But, perhaps most importantly of all, the social constituency with an interest in positive real returns on bonds has grown. In the developed world a rising share of wealth is held in the form of private pension funds and other savings institutions that are required, or at least expected, to hold a high proportion of their assets in the form of government bonds and other fixed income securities. In 2007 a survey of pension funds in eleven major economies revealed that bonds accounted for more than a quarter of their assets, substantially lower than in past decades, but still a substantial share.71 With every passing year, the proportion of the population living off the income from such funds goes up, as the share of retirees increases.
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Niall Ferguson (The Ascent of Money: A Financial History of the World)
“
These classic Donchian trading rules were first published over
75 years ago: General Guides Beware of acting immediately on
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Michael W. Covel (Trend Following: How to Make a Fortune in Bull, Bear, and Black Swan Markets (Wiley Trading))
“
Earn Trust provides a powerful platform for trading futures and options, offering a range of contracts and trading strategies to suit your needs. Access comprehensive analytics, market trends, and risk management tools to optimize your trading outcomes.
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Earn Trust
“
The strategy behind how you make your content (such as, what your first three seconds look like) and your understanding of platform nuances (such as, what trending audio to use on TikTok versus Instagram) are two of many tools you can use to make content that’s more relevant.
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Gary Vaynerchuk (Day Trading Attention: How to Actually Build Brand and Sales in the New Social Media World)
“
if you’re a real estate professional, chances are you have some opinions about current interest rates or home-buying trends in your area. You could find a relevant article that talks about those things with an intriguing headline, and layer on a “green screen” with your opinion. If you want more distribution on special press releases and announcements your company makes, you can “green screen” it for extra distribution instead of just posting that content on your blog and letting it sit there.
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Gary Vaynerchuk (Day Trading Attention: How to Actually Build Brand and Sales in the New Social Media World)
“
Ramakrishna Paramhans Ward,
PO mangal nagar, Katni, [M.P.]
2nd Floor, Above KBZ Pay Centre, between 65 & 66 street,
Manawhari Road Mandalay, Myanmar
Phone +95 9972107002
Statistical surveying assumes a critical part in understanding purchaser conduct, market patterns, and contest in any industry. Market research surveys are essential for businesses looking to stay ahead of the competition and make well-informed decisions in the context of Myanmar, a rapidly changing market with increasing opportunities and challenges. This article investigates the meaning of, market research survey in Myanmargives experiences from a new study led by AMT Statistical surveying, and gives suggestions for organizations working in this powerful market climate.
# Prologue to Statistical surveying in Myanmar
With regards to figuring out purchaser conduct, inclinations, and patterns, statistical surveying assumes a critical part. In Myanmar, a country with a quickly developing business sector scene, directing thorough statistical surveying is fundamental for organizations to settle on informed choices. By get-together important experiences through overviews and information investigation, organizations can fit their items and administrations to meet the particular necessities of Myanmar's different shopper base.
## Understanding the Market Scene
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# Significance of Directing Statistical surveying Studies
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## Advantages of Statistical surveying for Organizations
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# Outline of AMT Statistical surveying Organization
AMT Statistical surveying is a main market research survey in Myanmar, known for its creative exploration philosophies and wise examination. AMT Market Research has a team of knowledgeable researchers and analysts who specialize in providing individualized research solutions to assist businesses in navigating Myanmar's market landscape's complexities.
## About AMT Statistical surveying
AMT Statistical surveying is focused on conveying excellent examination benefits that convey significant experiences to clients across different enterprises. From market division and customer conduct examination to contender profiling and pattern determining, AMT Statistical surveying offers a complete
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market research survey in Myanmar
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its trend. And right here let me say one thing: After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight! It is no trick at all to be right on the market. You always find lots of early bulls in bull markets and early bears in bear markets. I've known many men who were right at exactly the right time, and began buying or selling stocks when prices were at the very level which should show the greatest profit. And their experience invariably matched mine—that is, they made no real money out of it. Men who can both be right and sit tight are uncommon. I found it one of the hardest things to learn. But it is only after a stock operator has firmly grasped this that he can make big money. It is literally true that millions come easier to a trader after he knows how to trade than hundreds did in the days of his ignorance.
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Jesse Lauriston Livermore (Jesse Livermore's Two Books of Market Wisdom: Reminiscences of a Stock Operator & Jesse Livermore's Methods of Trading in Stocks)
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MÓVILES (MOVING AVERAGE TREND TRADING) Algunos traders utilizan medias móviles como puntos potenciales de entrada y salida en el day trading. Muchas acciones empiezan una tendencia alcista o bajista cerca de las 11 a.m. y puedes ver sus medias móviles en las gráficas de 1 minuto y de 5 minutos como un tipo de soporte o resistencia dinámico. Los traders se pueden beneficiar de este comportamiento y aprovechar la tendencia a lo largo de la media móvil (por encima para ir en largo y por abajo para ir en corto).
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Andrew Aziz (Como Vivir del Day Trading (Spanish Edition))
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Look for strong price signals: channel breakout, head-and-shoulders, good range trades. (I used to include Golden Cross, but it let me down once too often. Maybe I should give it another try, as that was a few years ago.) Always confirm the price signal with another indicator (RSI or volume). If in doubt check a third indicator. If that is not conclusive, don't trade. Ensure the potential profit is at least 2x the stop-loss level, 3x or more if possible. Trade in lots of [5% my portfolio size]. Place the stop-loss at the same time as the order. Do not ever, ever break these rules. The market can stay irrational longer than you can stay solvent. If you can't find a trade, don't try to make one.
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A.Z Penn (Technical Analysis for Beginners: Take $1k to $10k Using Charting and Stock Trends of the Financial Markets with Zero Trading Experience Required)
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Trends create a sense of certainty and urgency, and trading ranges leave traders feeling confused about where the market will go next.
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Al Brooks (Trading Price Action Trends: Technical Analysis of Price Charts Bar by Bar for the Serious Trader (Wiley Trading Book 540))
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In many other branches—for example, in retail trade—the trend is in a similar direction. In the food industry, moreover, particularly in meat packaging, we often find a still more glaring state of affairs. There, sometimes only one worker in ten has a regular contract. In one factory that I studied, there were only 184 direct employees out of around 600 workers in total.99 The majority of workers in this meat packaging facility were Romanian, officially employed by firms in their own country, and according to the regulations in force not entitled to any welfare rights in Germany. The works committees here were overburdened, and the Romanian workers had practically no one to represent their interests; even the foremen felt this gap. Regulations were frequently infringed, and communication was hardly possible in view of the language barrier. Initially the foreign workers were not even allowed to speak to the German workers or cooperate with them, as this would have amounted to a concealed contract.
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Oliver Nachtwey (Germany's Hidden Crisis: Social Decline in the Heart of Europe)
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One of the basic rules of classical charting is that you should not trade against the trend, so in a bull flag you should be looking to go long at the bottom of the channel, rather than looking for spots to short at the top of that channel.
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Cheds (Trading Wisdom: 50 lessons every trader should know (Trading Wisdom Series Book 1))
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For my charts, horizontal support and resistance levels are the only levels I rely on. This is because the market only remembers price levels, which is why horizontal support and resistance lines on previous price levels make sense, but diagonal trend lines don’t.
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Andrew Aziz (Day Trading for a Living (Stock Market Trading and Investing))
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Checklist Saber reconocer el trend Identificar el trend y seguirlo Encontrar los máximos y mínimos del trend Saber reconocer las correcciones de precios Trazar las trendlines Suefuir los promedios móviles Aprender a reconocer las inversiones Aprender a reconocer señales de advertencia Seguir o no seguir el trend Aprender cuáles son las señales de confirmación
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EVOLUTPRESS Francis Flobert (CRIPTOMONEDAS para PRINCIPIANTES la guía fácil en español: Aprende los secretos para dominar Bitcoin, Criptodivisas, Trading, Mentalidad y Estrategias ... Asegurar cuentas y wallet (Spanish Edition))
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From the size of the candlestick body, we can gauge the strength of the price direction. The longer the candlestick’s body, the stronger is the price momentum. Long Body indicates heavy trading in the ongoing direction, that is, the session has witnessed strong buying or selling as the case may be. In other words, long body implies heavy commitment by buyers in the case of white candle and by sellers in the case of black candle. That is, a long white candle signifies that the trading session was dominated by bulls and a long black candle signifies that the trading session was dominated by bears. Small body implies that very little buying and selling happened during the session; neither bulls nor bears could move the price as they liked during the session and prices closed at or near to the open. Candlestick with no shadow implies a strong trend in a single direction because all the price changes were upward in the case of white candle and downward in the case of black candle without facing rejection at any point of time during the session.
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Arulpandi P (DON'T TRADE BEFORE LEARNING THESE 14 CANDLESTICK PATTERNS: These 14 most reliable candlestick patterns provide to traders more than 85% of trade opportunities emanating from candlesticks trading.)
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Identifying Market Direction Market direction, popularly known as “trend” in trading, is one of the most important concepts that you must follow for you to succeed in this industry. Just like you should sell at resistance zones and buy at support areas, you should always trade along the main market direction. You cannot be trying to sell when the majority of traders and the big players are pushing the market up. There is a common phrase that you will hear traders throwing around; that the trend is your best friend. Many traders hear about this concept, but they fail since they do not understand how to identify the main trend. Luckily for you, this guide will show you the best way to do it. Now, in the market, there are things known as peaks and troughs. The peaks are the highest points that you can see the market reaching before turning back. Troughs are the lowest points that the market reaches before going back up. Both of these are minor support and resistance points. If you connect the points using straight lines, you will end up with a zigzag formation. Peaks and troughs Uptrend When the peaks are formed in higher succession, we say the market is in an uptrend. If a new peak is formed higher than the previous one, we call it a higher-high. During an uptrend, the troughs are also formed in higher succession. In short, each new trough is positioned higher than the previous one. When this happens, we say a higher-low has been formed. Collectively, when a market is forming higher Highs and higher Lows concurrently, then an uptrend is formed. During this time, you should only look for buy trades. Downtrend A downtrend happens when the market starts making lower peaks and lower troughs in succession. In short, when a trough is formed lower than the previous one, we have a descending zigzag direction that we call a downtrend. During a downtrend market direction, lower Highs and lower Lows are formed. In a downtrend, you should only be looking for sell trades.
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Mark Swing (Trading Strategies: Day Trading + Swing Trading. A Beginner's Guide to Trading with Easy and Replicable Strategies to Maximize Your Profit. How to Use Tools, Techniques, Risk Management, and Mindset)
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Before we explore the account setup, let's take a closer look at how Immediate Momentum functions. Understanding the mechanics of this trading software is crucial to comprehend its potential benefits.
According to Immediate Momentum's official website, the software harnesses sophisticated algorithms to analyze cryptocurrency price movements with pinpoint accuracy. It relies on technical indicators and historical data to identify lucrative trading opportunities by monitoring market trends. Immediate Momentum review operates fully automatically, executing every action on behalf of traders.
Users have the flexibility to fine-tune trade parameters to align with their risk tolerance, investment objectives, and experience level. This customization empowers the software to analyze market trends and generate precise trade signals.
Immediate Momentum continually assesses price fluctuations, notifying users of any significant value changes in the cryptocurrencies they're trading. All it takes is twenty minutes to set up the software's parameters, after which it takes over the trading process with efficiency.
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William
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Here is what I believe to be the bottom line on economic cycles: The output of an economy is the product of hours worked and output per hour; thus the long-term growth of an economy is determined primarily by fundamental factors like birth rate and the rate of gain in productivity (but also by other changes in society and environment). These factors usually change relatively little from year to year, and only gradually from decade to decade. Thus the average rate of growth is rather steady over long periods of time. Only in the longest of time frames does the secular growth rate of an economy significantly speed up or slow down. But it does. Given the relative stability of underlying secular growth, one might be tempted to expect that the performance of economies would be consistent from year to year. However, a number of factors are subject to variability, causing economic growth—even as it follows the underlying trendline on average—to also exhibit annual variability. These factors can perhaps be viewed as follows: Endogenous—Annual economic performance can be influenced by variation in decisions made by economic units: for consumers to spend or save, for example, or for businesses to expand or contract, to add to inventories (calling for increased production) or sell from inventories (reducing production relative to what it might otherwise have been). Often these decisions are influenced by the state of mind of economic actors, such as consumers or the managers of businesses. Exogenous—Annual performance can also be influenced by (a) man-made events that are not strictly economic, such as the occurrence of war; government decisions to change tax rates or adjust trade barriers; or changes caused by cartels in the price of commodities, or (b) natural events that occur without the involvement of people, such as droughts, hurricanes and earthquakes. Long-term economic growth is steady for long periods of time but subject to change pursuant to long-term cycles. Short-term economic growth follows the long-term trend on average, but it oscillates around that trendline from year to year. People try hard to predict annual variation as a source of potential investing profit. And on average they’re close to the truth most of the time. But few people do it right consistently; few do it that much better than everyone else; and few correctly predict the major deviations from trend.
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Howard Marks (Mastering The Market Cycle: Getting the Odds on Your Side)
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list of possible patterns for Support & resistance Levels to consider when trading: Prior day High, Low & Close Gap & Previous unclosed Gap AB =CD Trading Range High, Low & Middle boundary Channel lines & Trendline High & Low of large trend bar EMA Opening price of the day Swing Highs & Lows Whole number (such as $50, $120) Fibonacci retracement level: 50%, 61.8% and extensions Daily, Weekly, Monthly High & Low & Close Measured Move Past 3-days High & Low Strong Breakout Bar Any Long-Wick Bar, the rejected portion High Volume Bar’s High, Low & Close News Bar’s High, Low (News such as FOMC report, Inventory Report, Consumer Price Index (CPI) and Producer Price Index (PPI) and others.
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Ray Wang (Price Action Market Traps: 7 Trap Strategies Market Psychology Minimal Risk & Maximum Profit)
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Since The Great Recession, the global financial crash of 2008-09, the debt-fuelled post-recession recovery has been the weakest in the post-war era (since the end of World War Two). Whereas total outstanding credit in the US after the Wall Street Crash grew from 160% to 260% of GDP between 1929 and 1932, the figure rose from 365% in 2008 to 540% in 2010. (And this does not include derivatives, whose nominal outstanding value is at least four times GDP).[34] A long depression and rising right-wing populism have followed, including the stunning ascendency of property tycoon and TV celebrity demagogue Donald Trump as the President of the US in 2016.[35] The British public’s vote in June 2016 to leave the EU delivered another shock of global significance. A chronic drift towards trade wars and protectionism is accelerating and in January 2018, US Defence Secretary Jim Mattis said that “great power competition, not terrorism, is now the primary focus of US national security”, putting Russia, China and – yes – Europe in the crosshairs of the world’s long-time dominant economic and military power. Adding to this age of anxiety is the accelerating automation revolution. What should be an emancipatory and utopian development only generates insecurity at the prospect of unprecedented mass unemployment. It can be no coincidence that all these crises are converging at exactly the same time. They cannot be explained away by cynical and shallow generalisations about ‘human nature’. In the course of this investigation we will see that in fact all of these crises have a common root cause: the decaying nature of capitalism and its tendency towards breakdown. Indeed, average Gross Domestic Product (GDP) growth rates in the world’s richest countries have fallen in every decade since the 1960s and are clearly closing in on zero. Rates of profit, manufacturing costs and commodity prices are also trending towards zero. Drawing on Henryk Grossman’s vital clarification of Karl Marx’s methodology, we shall see that capitalism is heading inexorably towards a final, insurmountable breakdown that is destined to strike much earlier than a zero rate of profit. Indeed, we shall also see that the next, imminent economic crash will result in worldwide hyperinflation. We will also show that the economic crisis is intensifying competition between nation-states, forcing them into a situation which threatens the most destructive world war to date.
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Ted Reese (Socialism or Extinction: Climate, Automation and War in the Final Capitalist Breakdown)