My approach to trading is verystraightforward. I mostly focus on Trendlines, Exponential Moving Averages, Candlestick patterns, and Fibonacci Retracement Levels. There are a lot of other technical trading tools out there, but I find that some are overly complex for my mind and/or designed more for the extreme analytical minded-traders, so I stay away from those and just use what works for me. I wanted to write specifically about Fibonacci levels as they can be a useful tool in identifying some interesting spots to watch in your trades.(more…)
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
By way of layered charts, I have created below an overlay of the Internet bubble from 1999-2001 (blue line) as well as the horribly-managed laughingstock, Cathie Wood’s “Innovation” fund. Let’s just say they have similar paths, in spite of being separated by two decades. I suspect much lower prices are forthcoming.
This is only relevant for Platinum members, since they have exclusive access to it, but I wanted everyone to know, especially those toying with the idea of a premium membership.
The Economic Database portion of SlopeCharts is one of my favorite features, but it’s also one I have found frustrating for a few reasons:
- I kept being presented with data series that had been discontinued long ago and were therefore no longer useful (keep in mind, there are literally HUNDREDS OF THOUSANDS of charts available);
- There was no control over granularity so that, for instance, if I really wanted finely-grained daily data, I had no interest in, let’s say, yearly or quarterly data, but I had to hack through it anyway;
- I didn’t have a way to tease out long-term data, which is always my favorite;
- When I made a selection, I had to close the dialog box and see if the graph was useful to me. If I wanted a different graph, I’d have to go through the entire process again with the dialog box of hacking my way through different dropdowns.
We have addressed every one of these problems.(more…)
Yeah, interesting, but the one I made is still WAY better.