Trading Tips & Tutorials For Online Traders

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

take a break
Dec12 Share

These 4 Steps Can Prevent Trading Career Destruction

The principles that are used with A.A. can be applied to help traders who are struggling. These principles can help traders avoid falling back into the habits that have prevented them from reaching their goals: Failure to prepare for their trading day (or career) Not sticking to their trading plan… Read more

trading mistakes you can fix
Dec06 Share

Your Emotional Side Is Destructive To Your Trading – Tame It

We all have a logical, thinking being and an emotion based being automatically behaving inside of us. They are important and are in operation at the same time but just like in trading, the balance of power is not always equal. When these parts of ourselves are in balance, much… Read more

Dec03 Share

Can Using A Trading Checklist Routine Help Stop The Bleeding?

Over time, day traders are prone to falling into autopilot when it comes to each trading day. Trading every day becomes a reflex and while being in the flow may be a good thing, there are times that something can be missed. In trading, when something is missed too often… Read more

Nov28 Share

5 Simple Ways to Cripple Your Trading Career – Change Them Today

Trading for a living has such an appeal that many people “give it a shot” to see if they can mimic the lives of those posted on social media. That is a terrible goal. The lives you see on social media with the money flowing like champagne, are fake.  The… Read more

E-mini S&P 500 Simple Levels
Nov25 Share

4 Terrific Questions to Ask When Price Is at Important Chart Levels

If you’ve ever seen the movie “Trading Places”, you’ve seen how crazy it can be trading in the pits.  A lot of yelling, screaming, and hand gestures with everyone trying to get the price they’ve been waiting for. The modern trader of today uses trading charts to monitor price but… Read more

Nov21 Share

Will Your Chart Pattern Turn Into A Painful Trade?

Trading chart patterns has been a swing and day trading approach for decades of chart pattern traders.  Edwards and Magee helped bring this form of chart analysis into the public eye and it’s been a popular approach ever since. Finding a chart pattern can be done through scanners or manually but… Read more

day trading for a living
Nov19 Share

Is Day Trading For A living Possible?

When traders decide to start day trading for a living, there are a few choices that are faced including: How much money they need to start day trading The markets they will day trade What trading strategy they will use The most important choice when people decide to make trading… Read more

Nov14 Share

Use The Fast Or Slow Stochastic Oscillator The Right Way

The Stochastic Oscillator is a momentum indicator that is designed to give you an objective measure of the momentum in your trading instrument. It’s bounded by the numbers 0 and 100 and will oscillate between those two areas. One area you want to be clear on is that because the… Read more

Nov13 Share

Is Your Trading Strategy Better Than Random?

Designing a trading strategy is tough work and that is if we include only technical factors as opposed to adding in fundamentals and seasonal cycles. There are many variables to keep in mind when undertaking the design of your own strategy: Which indicators will you use? What price points will… Read more

Nov07 Share

Trading Is Easier When You Find Your Rhythm

You need for find your form in your trading business and it is not always an easy thing to do.  Having a rhythm to your approach, feeling like you are in “the flow”, can be one of the most useful things for a trader to learn how to do. It’s… Read more

Nov05 Share

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 more

Nov01 Share

Why Trading Rules and Process Should Be Your Focus

Everybody wants to win and be right. The desire to win is so strong with many people that they will ignore conflicting information  so they “can’t” be wrong – meaning they win. In trading, a win equals an increase in your trading account and a string of losing trades can… Read more

Oct25 Share

How Is the Parabolic SAR Indicator Used Effectively in Trading

The Parabolic Sar (stop and reverse indicator) by J. Welles Wilder, is a trading indicator used in markets with a strong trend to determine buy and sell signals for your chosen trading instrument. The “stop and reverse” feature indicates that the Parabolic Sar is an indicator that was designed to… Read more

Oct22 Share

Effective Keltner Channel Trading Strategy

The Keltner Channel is a volatility based trading indicator that uses two bands and the average true range to set the channel distance below and above an exponential moving average, generally 20 period EMA. You use the Keltner Channel to determine when a market has stretched too far from the moving average –… Read more

run with your trading goal
Oct17 Share

3 Things To Remember When You Start Trading

We live in times where downsizing and job losses happen on a daily basis. Losing a job can be very traumatic especially if you are in your middle years as opportunities seem to go to the younger crowd. I’ve read many articles where people in their 40’s and early 50’s… Read more

Oct11 Share

Trading Plans Must Have 3 Things To Be Useful

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 that if you don’t trade with,… Read more

counter trend trades
Oct09 Share

Trading Counter Trend Price Moves – Look For Clues

Trading with the trend is a viable part of any trading strategy but keep in mind that the trend will end. As a trader, it does not hurt to have a few “tricks” up your sleeve to be able to tackle different market environments. Counter trend trading is something you… Read more

Fibonacci trading results
Oct07 Share

Trading Fibonacci Retracement Levels – Better Way to Use Fibs

Fibonacci levels are just a tool and like any tool and any type of trading system, the usefulness depends on the user and the rules they follow in their application. You have probably heard that the main knock of Fibonacci levels is: “place a bunch of Fibonacci retracements and extensions on… Read more

Oct03 Share

2 Ways To Use Trading Range Breakouts

The auction in any market is straightforward: There are two types of market participant- buyers and sellers The degree to which these buyers and sellers are motivated by current price or market behavior Yes, there are lots of nuances to complicate things but the fundamentally important factors are straight forward…. Read more

Sep27 Share

When To Call It Quits On A Trade Could Save Your Trading Account

Whenever you take a trade, you should be looking to profit from certain market behavior: a reaction to a level market momentum break out trailing your stop looking for bigger gains. Prices set the limits of our risk and potential profits, but at what point does the market behavior no… Read more