Trading Tips & Tutorials For Online Traders

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

HOW MANY LOSING trades
May25 Share

How Many Losing Trades Before You Quit Trading

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 has been “How many losses would… Read more

Build Custom Trading Indicators
May20 Share

How To Build Custom Trading Indicators

Out of the box trading indicators are a common sight on many trading charts.  Whether it’s a 50 SMA, MACD, or the Stochastic Oscillator, indicators make up a large part of many trading strategies. Many traders also use custom indicators that they’ve built from the ground up.  While that may… Read more

SPY ETF vs. the S&P 500 Stock Index (SPX)
May17 Share

411 On Exchange Traded Products

Exchange-traded products (ETPs) have grown in popularity as more products have become available and more traders have become aware of their benefits. ETPs look like stocks, trade during market hours on stock exchanges, and provide similar trading opportunities including order types (market, limit, stop, etc.), short selling, and options. How are ETF’s different than stocks?… Read more

Pen and business graph
May10 Share

Effective Keltner Channel Trading Strategy

The Keltner Channel trading strategy uses a volatility based trading indicator to allow us to trade markets that are showing some decent price movement. Indicators are derivative of price meaning that the results that you see via a trading indicator will come via a calculation using the price you see on your… Read more

day trading strategies
May07 Share

Stop Using The Past To Show Success

Trading is all about taking a risk based on incomplete data and becoming an expert at this should lead to profitability. Learn from the mistakes you make but make sure the lessons are the right ones. Using historical charts can lead us astray because in hindsight, everything is obvious.  So… Read more

Trading Log
May03 Share

Using A Trading Log Or Just Winging It?

Without using a trading log to log your trading activity, you will have no clue if your trading strategy has a chance of working over the long term. How could you? You need data to back up the probability of your trading strategy and a trading log is the best… Read more

trading plan questions
Apr30 Share

Is The Russell 2000 E-mini Futures A Waste Of Time?

We recently did a video outlining the 3 essential keys to determining if a chart is worth trading and now let’s see if the Russell e-Mini is a market worth day trading and if so what chart. Let’s first review  the 3 essential questions: Are there enough trades in our session? Are… Read more

Think in Ticks not $ - Data Analyzing
Apr26 Share

Stop Trading Support And Resistance The Wrong Way

“There’s no such thing as support and resistance levels” When I first heard that I thought “What kind of rubbish is this guy talking?” 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… Read more

best charts for day trading
Apr21 Share

3 TIPS TO FINDING THE BEST CHART TO DAY TRADE

In this short video I want to give you 3 tips to finding which charts to day trade. This is a topic that comes up a lot in our day trade rooms. We get this question all the time and it is a daunting task or at least on the… Read more

People Celebration Success Working Successful Concept
Apr19 Share

5 Factors To Success You Can Work On Today

It’s the biggest time of the year for hockey fans as the playoffs are now in session.  During this types of “do or die” moments,  I get thinking about motivation in sport and the similarities of the issues traders face. Potentially one of the biggest issues a retail trader faces… Read more