Online trading tips for Forex, Futures, Options. Learn how to improve your trading business.
With the latest rally extending up almost to new all time highs, we are left with a market that is pricing in perfection. The latest move higher over the last few weeks has left many stocks that we look at in overbought territory. As a result, I am shifting my… Read more
The momentum indicator (momentum oscillator indicator) is one of the trading indicators available to traders to gauge the momentum in the market. There are several momentum indicators that can be used for intra-day trading as well as other styles and they include: MACD indicator – moving average convergence divergence RSI… Read more
We saw the market make another run up towards all time highs this week. Over the last few years we have seen every market selloff bought up quickly with very little damage being done for any length of time. As a result we continue to see many stocks at extreme… Read more
What can we learn from a baby when it comes to trading? Sounds stupid but a baby, brand new to this world, has no concept of fear. They’re not concerned by: The possibility of losing out Looking foolish Competition with their peers. They see adults and older children doing things… Read more
We continue to see markets driven by headlines here this week. Everyone’s focus is on the trade war with China, new tariffs ready to kick in over the weekend, and the Trump tweets that seem to come out every few hours. As a result, markets have been stuck on a… Read more
Market context is a foreign concept to many traders. Often if I ask a trader that context of the market they are trading, the reply is usually a string of words that don’t answer the question. In fairness, it is a concept that can be difficult to fully grasp and… Read more
Risk can increase in a hurry! That is the story of the last week. We have seen the market volatility pickup across the board over the last few weeks. This is due to a number of factors including: Headlines from the ongoing trade way with China, President Trump tweeting about… Read more
The opening range breakout strategy (ORB) has been around for decades and is a trade taken above or below the opening range of a market. Some traders may use a predetermined price points, something Toby Crabel calls “the stretch” which is a calculation from previous trading days. Others will use… Read more
We have been talking about how volatility was due to move higher and that has certainly happened in a big way the last few weeks. The market has been trading in big ranges in both directions which has left many traders scratching their heads on what to do next. The… Read more
Picking your markets to trade can make a huge difference to how profitable your trading strategy is, so it’s important that you have a good method of doing so. If you swing trade, simultaneously day trade multiple markets or if you’re considering a switch in product for your day… Read more
The RSI (relative strength index) is a popular trading indicator by J. Welles Wilder. The RSI2 trading indicator is a change from the standard 14 period RSI to a 2 period that was brought to us by Larry Connors. The other difference is the change in oversold and overbought levels:… Read more
“An iron what?” I distinctly remember that being my reaction over a dozen years ago when I first learned what an Iron Condor options trade was. Trading long calls and puts at that point were my only strategies that I used. However, my mentor at the time highly encouraged me… Read more
Have you been consistent with risk, position sizing, and keeping your focus on the trading method you have tested and shown to have a positive expectation? There is a very good chance that you have not been consistent and when faced with losing trades, you’ve either switched trading methods repeatedly… Read more
A part to sore losing in trading is loss aversion. This is part of human nature and trading really brings it out in all its glory. When we have a good trading system and it takes a series of losses, it’s easy for this to come out. Not only does… Read more
We are finally starting to see market selling this week for the first time in a number of months. We have been talking about this move in our last few Options Trades Of the Week. With the selling starting to pickup, it will begin to open our playbook more. You… Read more
Fundamentally, trading really is a simple game, but it requires a great deal of thought, effort and persistence to succeed. In poker, the saying from Poker Hall of Fame member Mike Sexton goes that it “takes five minutes to learn and a lifetime to master”. Trading is similar in many… Read more
Fear. If there was one word to describe why a trader may not execute their trading plan, it is fear. The fear of being wrong. In a recent foundational skills to trading post, executing the trading plan when a trade sets up is one of 8 musts for a trader…. Read more
Markets are starting another new week hanging out near all time highs. This has become the story for the last 3-4 weeks as many stocks have made runs towards the highs. As a result we are finding numerous opportunities to position our options trades to benefit from a pause or… Read more
When thinking and talking about their trading performance, a habit many traders tend to get into especially when they are just starting out, is using a $ value for p/l. It’s easy to see why – a new trader is likely to keep their eye fixed on the limited amount… Read more
When a person first decides they want to be a professional trader, rarely do they ask just how this is likely to happen. Usually they are too busy counting their imaginary money in their imaginary mansion to be concerned by this minor detail! Even in the face of widely available… Read more
Are You Ready For When Your Trading Strategy Begins To Fail?
Markets and the traders that trade in each market, are constantly in a state of change. No two trades are ever exactly the same and that’s even if we’re looking at the same instrument on the same day in the same market phase. But markets evolve over time as they … Read more
3 Things That Losing Day Trades Can Tell You – Are You Paying Attention?
You are going to lose in trading but the trouble is, many traders make the mistake of attempting to avoid losing trades at all cost. Negative trade outcomes are a big part the trading business and for day traders, the fear of loss can paralyze them but they must accept… Read more
Here Is How to Stop over Trading and Become a Winner
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 losses come. But even with the… Read more
Should You Scale And Trail Your Trading Profits?
Trade setups and entries are one of the most searched for topics when it comes to trading. What gets missed is the exit strategy you will use to exit your trade for profit or at your stop loss. I have a question for you: “How many times have you been in… Read more
Complete MACD Indicator Settings and Trading Strategy Guide
One of the first indicators I ever experimented with was one developed by Gerald Appel in the late 1970s called the MACD indicator, otherwise defined as the moving average convergence divergence indicator. The MACD histogram was added in 1986. Right from the start I used it as a technical analysis tool,… Read more
13 Forex Trading Tips Every New and Experienced Trader Must Know
Some of the best Forex trading tips that can lead to trading success are usually the simple ones. Given that Forex market is popular for both experienced and beginning traders, you know there are quite a few tips available for all traders With low initial deposits depending on your account… Read more
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 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 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 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 more
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