Finance Trends

David Shvartsman. Stock Trader & Investor. Editor of the Finance Trends Newsletter.

[Finance Trends @FinanceTrends]

"I think there's a certain amount of humility with top traders. You have to make enough mistakes and learn to overcome them." - William O'Neil

[Finance Trends @FinanceTrends]

@BlogJulianKomar @Tischendorf @ChartingTrends @mardermarket @PatrickWalker56 @SJosephBurns @Upticken @dryan310 @monsterstocks1 @markminervini @mwebster1971 @TradingComposur @UKtrendfollower @prrobbins @LoneStockTrader @DanZanger @traderHMS Thanks so much, Julian. You are doing a great job, appreciate the shout out and your kind words!

[Finance Trends @FinanceTrends]

@SystematiCK_ @mardermarket @markminervini @BlogJulianKomar @Tischendorf @ChartingTrends @LoneStockTrader @PatrickWalker56 @mwebster1971 @thechartist @PatternProfits @Upticken Thanks very much for the #FF shout out!

[Finance Trends @FinanceTrends]

ServiceNow $NOW is one of the stocks pulling software ETF $IGV (see prior tweets) higher this week.

If you pull up the daily & weekly charts, you will see $NOW climbing closer to its ATH. Earnings 🔝 . Strong stock in a strong industry group.

[Finance Trends @FinanceTrends]

$IGV Software ETF recovering nicely from the March selloff.

Now trading above its 50 and 200 day Moving Averages, $IGV is stepping higher towards its 52-week high - $267.70.

Top holdings include: $CRM $MSFT $ADBE $NOW

[Finance Trends @FinanceTrends]

Great quote from "Stan The Man" that exemplifies the focus found in great ballplayers and in top traders:

"You wait for a strike, then you knock the shit out of it." - Hall of Famer, Stan Musial.

[Finance Trends @FinanceTrends]

@twcarey Haha ;-) Me too.

Sadly, got used to it after the first few years on twitter.

[Finance Trends @FinanceTrends]

It appears we have another imposter on twtr (thanks to friends who've pointed them out). Reported them.

If you could take a second to report this fake spam account, I'd appreciate it. 👉🏼 https://t.co/4lidt4EPGv

[Finance Trends @FinanceTrends]

@twcarey Thanks, Theresa!

[Finance Trends @FinanceTrends]

"I learned that just because a stock doubles, it is not a reason to sell it." - Ramesh Damani, Indian investor and billionaire. 📈

[Finance Trends @FinanceTrends]

Tesla shares showing constructive price action over the 50 day MA, nearing $815 and a potential 2-month high. $TSLA

See new chart notes and the move off the March lows.

[Finance Trends @FinanceTrends]

@maoxian @LIFE Good advice, which continues to go unheeded.

[Finance Trends @FinanceTrends]

Jack Dreyfus (Dreyfus & Co.), fund mgr. and chart-based stock trader, in Life magazine, 1966: "He has the eye of an artist and the impulses of a beatnik."

[John Boik @monsterstocks1]

Gerald Loeb’s favorite market book - from 1959 (but reprinted several times). He mentioned he couldn’t stop jotting down notes from this book.

[Finance Trends @FinanceTrends]

"Your results can truly be staggering when you define and follow a set of rules, allowing big winners to cover your tiny losses." - Dan Zanger

#Trading #Investing
#Stocks #Quote

[ChartingTrends @ChartingTrends]

If you trade long enough, you'll eventually experience 10 losing trades in a row.

When risking 1% of account capital per trade, a trader could bounce back and recover, but when risking 5% a losing streak can be devastating.

[Finance Trends @FinanceTrends]

Some thoughts on #trading and emotions from @Martin_Kronicle's book, The Inner Voice of Trading.

1) "Trading is all emotional. You are in control."

2) "Losses are both emotional and financial..."

3) "Keep your losses small."

"4) You can always get back in [higher]."

[Finance Trends @FinanceTrends]

Very good interview w/ Jim Roppel @Upticken covering his position trading methods + some survival tips for stock traders / investors.

https://t.co/3KjcVxn5wF

[Finance Trends @FinanceTrends]

@monsterstocks1 @ChartingTrends I like that one too!

https://t.co/psehkTDvsx

Nice selection of books in your feed. Really appreciated the pic of the Wyckoff LP w/ the Chicago (Park Ridge) label.

[Finance Trends @FinanceTrends]

Currently reading Brad Koteshwar's book, The Perfect Speculator.

Excellent read for traders & stock investors (50% of America).

Hat tip: @Tischendorf

[Finance Trends @FinanceTrends]

Zoom $ZM reaching a new high after a recent pullback to the 50 day MA. Strong uptrend. Chart update below.

See our prior tweets (Feb-March) on this video conferencing leader.

Major winner in a volatile market. The stock is +156% YTD.