Trading Tutorials

Stochastic Oscillator Complete Trading Guide

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. It will show you the relationship of the closing price to the... Read moreread more

7 Questions To Find Markets To Trade

trading markets

  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 moreread more

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 moreread more

Plan Your Trades And Execute The Proven Plan

One of the biggest problems a trader faces is bridging the gap between trade planning and execution. How many times do we hear a trader asked if they did what they said they were going to do? How many times is the answer “No”? Getting from a strategy looking good... Read moreread more

Bull Flag Pattern Trading – Profit In A Bullish Market

A bull flag pattern is a bullish continuation pattern used in technical analysis that occurs in a market that is in an uptrend. You can look for bull flags in the following manner: Look for an impulse move (the pole of the flag) in price to the upside during an... Read moreread more

Stop Taking Losing Trades Personally

Every trader during their evolution has thought that the market was out to get them. It is usually when your stop loss is taken out right to the tick and then the market continues in the direction you intended. If it happens on occasion, many of us can deal with... Read moreread more

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 moreread more

Hard Truth – Your Trading Failure Is Your Fault

take a break

The desire to reach a level where you’re making money on a consistent basis in trading can be a frustrating and often disheartening business. There’s a certain stage in a trader’s career where they know quite a bit about the markets, how markets move, and can see the intent in... Read moreread more

Successful Trading Is Not Just Putting In Screen Time

“Make sure you put in the screen time”. That is something you hear often when reading information about becoming a successful trader. It is hard to argue with it taking time to become effective at most things and trading is no different. What is more important than simply screen time,... Read moreread more

Anti Pattern Trading Strategy

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 my article about trading pullbacks, we... Read moreread more

Trading Order Types You Need

I was surprised when a recent comment asked :  what is a limit order in trading?  This was from someone who suggested they were ready to go live with their trading account. There are a few ways a trader can enter a position when their preferred trading setup show up. The... Read moreread more

4 Steps for Creating a Winning Strategy for Futures Day Traders

Day trading futures attracts many types of people that share one thing in common:  they want to be successful at day trading. When the drive to succeed is strong and armed with a winning trading strategy, why do so many fail? What is the difference between the traders that succeed... Read moreread more

Top Trailing Stop Loss Techniques For Maximum Profits

Why is a trailing stop loss an important strategy to use when trading? Are trailing stops a good idea? Nobody can predict with 100% accuracy where a trend will end. The amount of money that is left on the table by those happy to settle for mediocre gains, is no... 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

Are You Missing This Essential Thing Needed For Success?

We can talk a lot about consistency in trading from risk management to trade entry.  Consistency is important because without it, not only will your trading success be sporadic but it’s impossible to fine tune areas where you are making mistakes. Some may say that being consistent with the right... Read moreread more

Use A Trading Indicator With Price Action

Last updated on November 4th, 2019 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... Read moreread more

Never Ignore These 10 Variables For Trading Focus

Have you ever had trading sessions where when the ink is dry, you know you could have done better?  Maybe you missed a perfect trade setup, stepped outside your trading plan, or simply had a moment of fogginess where you drew a blank while starting at the charts. You are... Read moreread more

Naked Trading And How You Can You Do It

learn naked chart reading

Last updated on November 7th, 2018 Naked trading is simply trading virtually “indicator-less”  so you can see in real time what is going on with current price without it hiding behind a mess of indicators. It is better known as price action trading where you may trade candlestick chart patterns... Read moreread more

Winning Trade Setups — the 50 ema Roll Trade

Winning trade setups, those with a high percentage win rate, are worth waiting for.  You can learn to specialize and just focus on these types of setups and make a very nice living (my opinion, there is alwasy risk in trading).  Nothing is ever perfect in trading but the odds are... Read moreread more