Many of you are probably familiar with our guest this week, Tom Sosnoff. At this point, he’s practically a household name in the financial industry. In case you aren’t yet familiar… Tom spent 20 years as a floor trader…
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Trading is tough. Actually, trading as a retail investor is almost impossible. Only 1% of traders make money doing it in the long run, and the majority lose it all. Here at the Daily Profit Machine, we’ve separated ourselves from…
Many investors have come to understand the potential benefits of adding portfolio insurance via the purchase of put options on the most popular index ETF, SPY – SPDR S+P 500 ETF Trust. Depending upon the strike-price and expiration chosen and…
Have you ever been presented with hypothetical (simulated) performance information and wondered if these pie-in-the-sky records are too good to be true? Well, have you also noticed that accompanying disclaimer nearly as long as the Gettysburg Address? That’s the regulators’…
One of the simplest and most effective methods for staying on the right side of the trend is the use of moving averages. Moving averages can provide traders with a quick visual representation of whether price is moving up, down,…
Meet Jared Tendler, internationally acknowledged mental game coach. From world champion poker players to the #1 ranked pool player in the world, to professional golfers, his clientele is extensive. Most recently, he has also mentored traders too. If he were…
You know, day trading as a career, hobby, profession, or even avenue of trading equities, is wrapped in shrouds of skepticism. I personally love day trading and I’ve been doing it for years. When I tell people that I am…
According to the Merriam-Webster dictionary, the word stochastic is defined as: “involving a random variable.” “involving chance or probability.” When it comes to trading, the stochastic oscillator is a technical momentum indicator that compares a security’s closing price to its…
