Stages of Mastery; How This Applies to Traders

While trading the markets, there are times when the little child within us shouts: “I don’t want to wait. I want it now.” But sustained profitability takes time. In his book, “Enhancing Trader Performance,” Dr. Brett Steenbarger argues that superior performance develops in three stages: Initiation, Development, and Mastery. Many novice traders dream of mastering…

Read More

Crowd Forecast News Episode #329

January 31, 2022 Recording of our panel discussion on the stock market, S&P 500, SPY, SPX and other symbols for trading. ⏰ Watch: Crowd Forecast News Episode #329 Recorded: 01/31/2022 at 1PM ETDuration (video): 61 minutesDuration (podcast): 59 minutes

Read More

How To Use Harmonic Numbers For Trading

Excerpted from ‘Trade What You See, How to Profit From Pattern Recognition’Authors Larry Pesavento and Leslie Jouflas My good friend and trading buddy Jim Twentyman brought the concept of harmonic numbers to my attention. Jim had taken a sabbatical to study the works of WD Gann. He labored more than 12 months into the works…

Read More

Three Trading Principles to Aid in Your Success

Excerpted from Essentials of Trading, It’s not WHAT You Think – It’s HOW You Think. Authors Larry Pesavento and Leslie Jouflas It is a given that traders cannot win 100 percent of the time, because with reward comes risk, and losses are as much a fact of life as taxes and death. But there are highly…

Read More

History of AB=CD Pattern, by Leslie Jouflas, CMT

Originally published in Bombay Stock Exchange Brokers Forum (BBF) Mumbai, India April 2021 Volume 10 – Issue NO.1 H.M Gartley published his classic book on technical analysis in 1935, ‘Profits in the Stock Market’. The book was a course in trading and sold for $1500 to investors. The book is 446 pages and includes a…

Read More