About wallstreetpirate
Thirty-five years in financial services from insurance to registered investment adviser, and trader (now retired). Currently helping wanna-be traders and experienced alike as a trading coach and mentor.
I've been in and around, on top of, in the middle of, and on the bottom of the stock market for a long, long time. Here's all I've learned: Trading is about behavior, psychology, and appreciating what the charts are saying technically.
You can't fake it. Either you know what you're doing or you don't. And as much as this isn't rocket science, it takes knowledge and a skill set to survive.
Eventually, the market will care deeply about rising rates but only when the economic muscles (data points) starts to contract Continue reading →
We were wrong. It was not grandma that was killed by the reindeer in the Christmas classic by Randy Brooks. It was Santa! Mr. Claus would never have let his herd of traders hanging by hopium for the last four … Continue reading →
Posted in Santa Claus rally, Stock Market, stock market direction, stock market trading, Trading Stock Market
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Tagged daily routine, games, life, options, Trade, trading, year end
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In a world where sometimes you’re the windshield, sometimes you’re the bug, we have thirteen trading hours left to the week, the month, the quarter, the half, and the year. U.S. equity futures point to a higher open in the … Continue reading →
Posted in chess, China, day trading, earnings, economy, position trading, Stock Market, stock market direction, swing trading, Trading Stock Market
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Tagged bond market, business, chinese, earnings, economics, fomo, games, p/e ratio, Stock Market
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Maybe it’s just me. I think financial media are entertainment and not a whole lot more. Continue reading →
Posted in culture, economy, media, opinion, stock market direction, stock market trading, think outside the box, trading, Trading Stock Market, trading websites
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Tagged bloomberg, business insider, Chigaco Manual of Style, economics, financial media, marketwatch, motley fool, seeking alpha, Stock Market, zero hedge
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I’m not the only bear out there. This is your market. Yes, there are major issues as shown, but what if this guy is right? There’s no way I agree with Tim Knight’s view, but it almost seems that way, … Continue reading →
Posted in day trading, economy, gambling, government, interest rates, market direction, market gurus, Short, speculation, Stock Market, stock market direction, stock market trading, swing trading, trader psychology, Trading Stock Market
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Tagged business, casino, day trade, lifestyle, opinion, Stock Market, swing trade, technical analysis, trading
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Aren’t you really here because you can’t find anything to read, anywhere, in any language or publication that does not contain the letters t r u m and p? That’s what I thought. Continue reading →
Posted in Democrat, dung, economy, government, manure, politics, Republican, stock guru, Stock Market, stock market trading, trader psychology, Trading Stock Market, U.S. Congress
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Tagged bear, bear shit, bearish, bovine, bull, bull shit, bullish, bullshit, conservative, donkey shit, elephant shit, liberal, ursine
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“I care not what puppet is placed on the throne of England to rule the Empire, …The man that controls Britain’s money supply controls the British Empire. And I control the money supply.” Baron Rothschild advice given to the ECB … Continue reading →
Posted in black swan event, day trading, economy, Fed, FOMC, interest rates, janet yellen, market direction, market gurus, paradigm shift, psychology, rate hike, Stock Market, stock market direction, stock market trading, swing trading, think outside the box, trading, Trading Stock Market
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Tagged baron rothschild, casino, Draghi, ECB, economics, Fed, FOMC, Gold, government, trading
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wallstreetpirate
