In the last installment we covered the virtue of abolishing all of your current assumptions and unlearning habits of thought and practice that may or may not be helpful. In short, we went over the benefits of doubting everything in
4 Ways of Thinking That Can Radically Improve The Way You Trade – Principle #1
Are you stuck in a trading rut, unable to improve your rate of returns despite adopting seemingly better technologies and trading methods? Every trader experiences ruts every so often. Sadly, some unfortunate traders can get stuck in a trading rut
Newsletter – May 2019
Coming Soon! Micro E-mini Futures CME Group announced: Micro E-mini futures on S&P 500, Nasdaq 100, Russell 2000 and DJIA will start trading on May 6. Upcoming Government Reports & Holidays May 01 CONSTRUCTION SPENDING REPORT May 01
How the CME’s New Micro E-Mini Futures Might Work to Your Advantage
New contracts that are about 1/10 of the standard emini contract size; is this lower market exposure going to be a game changer for you? It all depends on you and your trading strategy. What are the constraints that may
Day Trading Against the Opening Range Breakout (NQ)
Many traders perceive that there is a true value for a market– where the price should be–and that if a given asset goes too far above or below this price, it comes back to this fair value range. And this
Using the RSI and Price Action to Fade the Energy Markets
Fading the markets is gutsy and it’s counter-intuitive. It is highly risky. And since no investor can definitively identify market bottoms or tops, let alone “timing” a peak or trough, most fail in the attempt. But, a few do actually
COMEX Silver and the Trading of an Allegedly Manipulated Market
A common complaint from many technical day traders & swing traders is that of “market manipulation.” Apparently, so the complaint goes, either the fundamentals or technicals appear to give a clear indication of price, up until a relatively large “whale”
Bull Correction or Bear Rally?
By the time you read this, the markets will already have moved beyond the current price levels at the time of this writing. Friday (March 8, 2019) capped off a 5-day consecutive losing streak for the Dow, S&P 500, and
Swing Trading the Tricky “V Bottom”
“V Bottoms” can be notoriously difficult to trade. You are coming off a steep and often panic-driven market selloff. Next thing you know, the market undergoes a sharp reversal to the upside. And it keeps on going, leaving you behind
Ten Price Action Principles to Help You Become a Better Trader Part II
In the previous installment, we covered 5 of 10 price action principles that can help you simplify your approach to analyzing price charts without compromising the effectiveness of your analytical efforts (in some cases, it may add to its effectiveness).