Novice trader 10 years in and slowly finding my way
Sarasota, FL
Joined July 2015
- Tweets16K
- Following739
- Followers615
- Likes28.3K
steve faulkner retweeted
Scott Colom will become Mississippi's first Black senator since 1881.
The last Black senator from Mississippi was Blanche K. Bruce, who held office during the Reconstruction era 145 years ago.
steve faulkner retweeted
Do you know what the "Gap Rules" are? Could make (or save) you a LOT of money this morning.
Free Issue 3 of 5
shadowtrader.com/premarket-p…
steve faulkner retweeted
Recent interview:
youtube.com/watch?v=caLSbXnk…
Love this horrid picture of me? lol! I look like I am in severe pain (which I was having just gotten bucked off a horse)! But this guy is a decent interviewer.
steve faulkner retweeted
Chase the Gap or Wait for VWAP
is an original concept of mine first written about in 2008
it is a strategy I still use everyday
tradingmarkets.com/recent/ch…
steve faulkner retweeted
Dementia is blood flow.
Dementia is cholesterol.
Dementia is preventable close to half the time.
8 simple rules to protect your brain:
1. Floss your teeth
steve faulkner retweeted
Linda Raschke: Why I Never Scale Out Of Positions
Most traders are taught to take partial profits. New Market Wizard Linda Raschke doesn't. She's all in, all out.
Her logic: if there's a reason to take off part of a position, there's a reason to take off the whole thing.
And look at what scaling out actually does. You take small pieces off your winners, but when you get stopped out on a loser, you get clipped on the full size.
"That does not make sense to me. I'm usually all in, all out. That's my trade."
steve faulkner retweeted
WOW! This is something you NEED to see!
Earlier today in Ireland, while Hunter Biden was receiving an award, a student began shouting about Gaza.
But instead of letting security remove the student, HUNTER STEPPED IN, stopped them, and delivered an absolutely WONDERFUL response.
No hostility. No running from a difficult question. Just compassion, dignity, and respect.
THAT is Joe Biden's son, through and through.
Like father, like son.
JUST LISTEN! 👇🇺🇸🇮🇪
steve faulkner retweeted
Fact: Gold and Silver miners (at least the largest and most efficient miners) did not stop mining just because prices dropped. If anything they started and continue to mine marginal property. The price of miners ($GDX) has NOT broken out if the trading range dating back to 2015.
I am prepared to favor miners over bullion, but at a breakout I want to greatly favor the miners. $GDX.GC1!
I will let Factor Members know when this occurs
steve faulkner retweeted
I've never seen this before on Youtube.
My interview with @StanWeinstein13 is Hyped 🔥
Every trader should watch this: youtu.be/PRRNI5SrUWY
Gold Miners vs Gold. Relative strength is starting to show up in the precious metals sector.
Is this the time to buy precious metals?
🤯 even Hassett can't spin hotter than expected inflation data: "It's a disappointing report ... things have accelerated over the last three months ... the trickle down from higher energy prices is definitely very palpable in the data"
Commodities and miners are down on a hot inflation print.
At the same time, commodities were the best-performing assets during the inflationary 70s.
The only difference is that the US could crush inflation in 1980 via rate hikes...
Which it can't do now.
History will rhyme, and commodities will outperform, after all the weak hands have been shaken out.
We don't own enough hard assets for what's coming
Rick Rule sees gold equities as cheap as they have been at any point in his 50-year career. While he cautions that rising nominal interest rates could still push bullion and mining shares lower in the near term, he believes strongly higher nominal gold prices lie ahead and says he is actively adding across producers, developers, and explorers. He expects heavy tax-loss selling into year-end to create compelling buying opportunities, pointing to a historical bounce that typically plays out between mid-January and March.
steve faulkner retweeted
Stan Weinstein/ stage analysis fans.
I thought you guys would get a kick out of this.
List of names Stan was watching going into this week with stops.
You might think the stops are wide. He advises institutions who manage risk a lot through position sizing.
Retail trades can have very tight and logical stops, not always true with the big boys
Reading this list notice the areas of the market he was focused on. Forest to the trees
Check out our interview: youtu.be/PRRNI5SrUWY?is=Im9v…
