Prevail Versus Fail: Sophistication and Preparation
Many traders I come across have a very loosely defined notion of what they intend to do every day: identify some support and resistance, see how price is trending, check the news, run some [...]
Why a Swing Trading, “Hands-Behind-Your-Back Strategy” Never Worked for Me
Last night, I had a great conversation with a gentleman who has been following my work/this site for many years now and as a result, we have come to know each other casually via email, etc. [...]
Should I Focus On One Instrument, or Monitor Several?
A question I have been asked many times over the years, and it just came up again today. The simple answer is that it depends on how you're trading. First, the cliff note answer: For daytraders, [...]
Getting a Trading Job: Types of Firms, Positions Available and What It Really Takes
When people think of trading firms, their mind tends to shoot in one direct: wall street mayhem, images of people sitting on a long desk, ticker symbols all over the room, etc. and people yelling [...]
56 Simple Lessons on How To Trade Anything
“Busy” is an overused word for “average life in 2016” and as I too, am “busy”, can find an easy-to-follow list of advice therapeutic at times. There are [...]
Perfection: Traits of the High Achievers
As if I nor anyone else needs to tell you, the ability to achieve perfection in just about any endeavor is an unlikely prospect. What we refer to as perfection, in many cases, is moreso a [...]
The 101 Guide to Inner Trendlines
We have discussed inner trendlines over and over again on this site, and it became obvious to me that the idea is only loosely seeded at best. And so today we are taking a step back, explaining [...]
Measured Moves Trading the First Drive or Range Reversal
We present a new variation of measuring price objectives, based on the initial drive in price (or range) following a reversal. May be used as a meter for taking profits, staying out of the [...]
