Trading Tutorials

Does Yesterday Matter For Trading Today

Every market that you trade will constantly shift from balance to imbalance, consolidation ranges to directional movement looking for higher or lower price points. The most relevant and new information we have about the possible acceptance of price is by comparing the open and the market’s reaction to yesterday’s price... Read moreread more

Plan Your Trades And Execute The Proven Plan

One of the biggest problems a trader faces is bridging the gap between trade planning and execution. How many times do we hear a trader asked if they did what they said they were going to do? How many times is the answer “No”? Getting from a strategy looking good... Read moreread more

Successful Trading Is Not Just Putting In Screen Time

“Make sure you put in the screen time”. That is something you hear often when reading information about becoming a successful trader. It is hard to argue with it taking time to become effective at most things and trading is no different. What is more important than simply screen time,... Read moreread more

Hard Truth – Your Trading Failure Is Your Fault

take a break

The desire to reach a level where you’re making money on a consistent basis in trading can be a frustrating and often disheartening business. There’s a certain stage in a trader’s career where they know quite a bit about the markets, how markets move, and can see the intent in... Read moreread more

ADX Indicator – Is The Trend Worth Your Time?

Trading the trend is a trading approach where you find the main trend in a market, take a position, and ride the trend to its conclusion. The important part of trend trading is that there must be a trend that is either just starting or has strength behind it.  Getting on... Read moreread more

Take A Break From Your Trading Screen

take a break

We’ve all been there where trading consumes us to the point that we are living in front of the computer.  “Take a break from trading” is probably something you’ve heard at least once during your trading career. It may not be time spent actually placing trades but learning and back... Read moreread more

Are You Missing This Essential Thing Needed For Success?

We can talk a lot about consistency in trading from risk management to trade entry.  Consistency is important because without it, not only will your trading success be sporadic but it’s impossible to fine tune areas where you are making mistakes. Some may say that being consistent with the right... Read moreread more

Use A Trading Indicator With Price Action

Trading indicators as a form of technical analysis are an important part of the trading system and strategy of many traders.  Whether traders are looking for a way to determine a trend or a buy/sell signal, technical indicators are the first line of offense that they use. I know we... Read moreread more

Never Ignore These 10 Variables For Trading Focus

Have you ever had trading sessions where when the ink is dry, you know you could have done better?  Maybe you missed a perfect trade setup, stepped outside your trading plan, or simply had a moment of fogginess where you drew a blank while starting at the charts. You are... Read moreread more

Naked Trading And How You Can You Do It

learn naked chart reading

Naked trading is simply trading virtually “indicator-less”  so you can see in real time what is going on with current price without it hiding behind a mess of indicators. It is better known as price action trading where you may trade candlestick chart patterns or even singular patterns such as... Read moreread more

Winning Trade Setups — the 50 ema Roll Trade

Winning trade setups, those with a high percentage win rate, are worth waiting for.  You can learn to specialize and just focus on these types of setups and make a very nice living (my opinion, there is alwasy risk in trading).  Nothing is ever perfect in trading but the odds are... Read moreread more

12 Powers To Successful Trading

Despite what all the marketing hype says, successful trading is not something that just magically appears one day. You won’t plug and play a trading system or strategy on a Monday and find yourself sitting in the winners circle on Tuesday.   Trading Success Is A Never Ending Process It... Read moreread more

Find High Probability Trading Setups At These 4 Locations

day trading strategies

You have heard about high probability trading setups and you probably wonder if they really exist.  Often times that term is used by marketers that say their trading strategies are high probability hoping to hook the novice trader with those words. Let’s define what that probability means: Probability is the measure... Read moreread more

Look Before Leaping Into Trading

jumping into trading

Before heading into the trading world, there are some basics you should know.  This article is going to touch on several basic variables that you will have to consider before you jump into trading either as a career or a part time hobby. First, what will be your trading approach?... Read moreread more

Trading Success Formula

trading success equation

When I hear from traders, which generally means emails about trading success, there are a few things I am in tune with. These “things” help to make it is easy to spot the ones who are worth the effort (in my humble opinion) to spend the time responding with a... Read moreread more

Easy To Understand Option Basics

options basics

When I mention to people that I trade options, the response is usually, “That sounds way too risky for me.” That’s simply due to lack of knowledge because once they understand some option basics and how to trade them, people start to become a little less risk adverse in their... Read moreread more