Trading Tips & Tutorials For Online Traders

Last updated on February 26th, 2020

Online trading tips for Forex, Futures, Options. Learn how to improve your trading business.

Jul09 Share

Will This Breakout Succeed?

Is there any way to predict that the potential of a breakout can lead to a successful trading position? While nothing is guaranteed, can we see certain things in price that points to a higher probability that trading the breakout can lead to profit? Yes. All it takes is for… Read more

Jul08 Share

Can You Execute Your Plan?

You plan your trades using a strategy that has an edge but you fail to execute on the hard right edge of the chart. Getting from a strategy looking good on paper to real-world trading performance is what it’s really all about.  Paper profits in your back test mean nothing… Read more

Jul03 Share

Support and Resistance Trading Guide

What are support and resistance levels? “Support is a level or area on the chart under the market where buying interest is sufficiently strong to overcome selling pressure. As a result, a decline is halted and prices turn back again. . . . Resistance is the opposite of support” (Murphy… Read more

Jul01 Share

How To Use Tick Charts

Tick charts are different than time based charts in that your tick chart, will only plot when N amount of transactions have taken place. For example, a hour candlestick will plot a new candlestick every 60 minutes regardless of the amount of transaction that have occurred. A tick chart, using… Read more

Jun30 Share

Shooting Star Candlestick Pattern Trading Guide

What As A Shooting Star Candlestick Pattern? The shooting star candlestick is a bearish reversal one candle pattern that is relevant during an up direction in price. You can find this pattern on every time frame (easier to see on a candlestick chart and not a bar chart) and the… Read more

Jun25 Share

Chaikin Money Flow

Marc Chaikin believed that price will follow volume and he designed the Chaikin Money Flow (CMF) based on that premise.  It is a volume weighted average of accumulation and distribution of price over a fixed period of time, usually 21 periods. The Chaikin Money Flow indicator flows across the zero… Read more

Jun20 Share

Learn To Use Chandelier Exits

Last updated on June 23rd, 2020 Using the Chandelier Exit as a trailing stop in trading includes using volatility that is based on the Average True Range Indicator. The name “Chandelier” is no mistake as the indicator calculation “hangs” from the highs (or lows) of current price. Since the Chandelier… Read more

Jun17 Share

Trading Hammer Candlesticks

The presence of a Hammer candlestick pattern does not mean you should jump into a trade. Some traders will use the term “pin bar” but what we are talking about is still the Hammer candlestick. What matters, is context and we are going to discuss that after we learn what… Read more

Jun12 Share

Trading Gaps In Any Market

The most common definition of a gap is having a price difference between the closing price on one day, and the opening of the next day. The key is the market has to have a time when the market physically opens and when markets close, as in the stock and… Read more

Jun09 Share

Option Premium 101

An options premium refers to the current price of the option that would need to be paid by the buyer to the seller. When looking at the prices quoted in your broker platform, you will notice they are quoted per share. Each contract however represents 100 shares of stock. For… Read more

Jun06 Share

Trading With The Trend Guide

Last updated on July 4th, 2020 Trading with the trend is a simple concept where you only take trades in the direction of the price trend direction on your time frame. If the trend goes up, you would only consider long trades.  A market direction that is trending down, you’d… Read more

Jun02 Share

Klinger Volume Oscillator

Last updated on June 25th, 2020 The Klinger Volume Oscillator [KVO] is a trading indicator that uses both price and volume to highlight potential longer term trend turning points in the markets. You should know that many people are referring to this oscillator as a leading indicator. It is not…. Read more

May28 Share

Trading The Hull Moving Average Indicator

Last updated on May 29th, 2020 Moving averages come in different types and they lag price.  The simple moving average weighs each price point equally so it lags the most. Different twists such as the EMA and WMA evolved which emphasized price differently. The Hull Moving Average indicator was developed… Read more

May25 Share

Anti Pattern Reversal Trading Strategy

Last updated on June 3rd, 2020 Some of the best chart patterns to trade, such as bull flags, are simple and that includes the “anti” pattern by Linda Raschke. The anti pattern takes into account both a pullback and a momentum move that setups up the pullback. As described in… Read more

May07 Share

How To Trade Options Around Dividends

If you trade options for any length of time you will run into stocks and ETF’s paying dividends. It’s important to know when these dividends will require you to adjust or close a trade. What is a dividend?  “A dividend is the distribution of a portion of the company’s earnings,… Read more

May06 Share

Use Market Structure Like A Pro

Last updated on June 18th, 2020 We have all heard of the old adage….”sell at resistance and buy at support” which is another way of saying to trade market structure. Obviously it is contextual because if price is charging towards a resistance level are you really going to just going… Read more

May04 Share

Here Is How to Stop over Trading and Become a Winner

Last updated on June 3rd, 2020 Day trading has the potential to keep you glued to the screen the entire day as you punch in and out of trades. It can actually be addicting as you watch the increase in your trading account – perhaps not so addicting when the… Read more

Apr26 Share

Learning How to be a Winning Trader

Last updated on July 3rd, 2020 There’s learning how to trade… …there’s learning a trading strategy …there’s learning how to trade with that strategy …and then there’s learning how to be a ‘winning trader. Each step along the way is necessary to finally put it all together for consistent success…. Read more

Apr25 Share

Trading Plans Must Have 3 Things To Be Useful

Last updated on April 26th, 2020 I’ve lost count the amount of times “having a trading plan” has either been written about in this trading tips blog, or mentioned in a trading article. The reason you are inundated with “have a trading plan” by us is because it is something… Read more

Apr18 Share

How Many Losing Trades Before You Quit Trading

Last updated on July 3rd, 2020 We are all going to have losing trades. The only way to avoid a losing trade is to not trade. Since you intend to make trading a career, not trading is not an option and a question that’s come up in our trade room… Read more