trading videos

Lack Of Confidence Will Kill Your Trading Dreams

The success rate in terms of successful traders, by all accounts, is pretty poor.  This has the potential to rip the confidence of anybody thinking of making trading an income producing activity. Trading is a performance sport and just like any performance endeavor, without confidence with what you are doing, you... Read moreread more

90 Second Crude Oil Trade Win

Another Crude Oil Inventory Report trade and our trading system, Counter Punch Trader, banked us (and our trading room members) a first trade winner with overall exposure time in the market of less than two minutes. This is what successfully trading for living is about – repeating the same actions over and over again... Read moreread more

Crude Oil Inventory Report Trade Recap

This crude oil trading session for Feb 28 2018 had some excellent learning points in it and it would have been easy to get tripped up if you were approaching your trading without a concrete approach to the markets. All of our Inner Circle members and those who attend our live trading... Read moreread more

3 Principles Of Mindfulness Trading

In a post entitled Take A Break From Your Trading Screen, I touched on the benefits of shutting off your focus and letting her brain take a break.  For traders, where the need of intense focus is immense, being able to step back mentally is vital. Up until the last several... 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

Is Your Trading Really Just A Hobby?

trading as a hobby

There are quite a number of trading “cons” floating around the internet and people are rightly concerned about getting sucked into one of them.  The Forex market seems to have a high number of “can’t miss” trading systems and the most aggressive marketing While these trading “cons” are so good... 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

Your Fake Motivation Will Hold You Back

You know what people are great at?  Talk.  I know you’ve had conversations with someone who rattled on about doing this…doing that…….and they actually were pretty convincing. You know what people are not great at?  Taking action.  I’m talking about the hundreds of hours (10,000??) spent diving headfirst into accomplishing... Read moreread more

Trades of Opportunity | Spotlight Power Trader

trades of opportunity

You have a trade plan but after years of experience you learn that trades of opportunity do present themselves.  These are trades that set up outside of the parameters of your trading plan and may violate some of your rules: You have completed your “Power of Quitting” trading goals for... Read moreread more

2 Minute Crude Oil Trade – Power Of Rules

trading crude oil futures

Traders in our trade room took part in a rare Friday session trading Crude Oil futures on Friday July 7, to make up for my “fun in the sun”, earlier in the week. That brings up one of the major benefits of trading for a living:  I didn’t have to... Read moreread more

Worst Time To Day Trade Most Markets

WORST TIME TO DAY TRADE

One of the worst times to day trade is during the time when many traders take lunch and this is a good time for you to stand aside.  To go on further and elaborate a little on why I say this and to make the point, I wanted to focus... Read moreread more

Being Average Is Easy

average trading goals

The hard truth is that people are prone to mediocrity. They talk a good game but in the end, they fail to move forward with any plan on attaining what they dream of the most. Even worse, they tend to criticize those that have the guts to take a giant... Read moreread more