Articles on institutional positioning, options flow, price action, and the neuroscience of trading.
The A+ Setups, The Trades That ‘Kick You In The Chin’ There is one mistake I see beginning traders constantly making. They wait on the sidelines for days, waiting for A+ setups, waiting for setups that ‘kick them in the chin‘, or ‘knock them over the head‘. If you need to get kicked in the…
In part 1 of What You Need to Do to Make Money Trading, I wrote about how you need to get comfortable – particularly with uncertainty as to what will happen next. Your ability to sit in the saddle of uncertainty will determine your ability to make good trading decisions which leads to more profitable…
Happy New Year of the Snake! NOTE: For this new year, I’ll be writing a blog post and article every day of the trading week to launch the Chinese/Tibetan New Year off with verve. Today’s article is about what you need to do to make money trading (consistently). Did you know about 35% of all…
Hello Traders, It is now the end of my trading week and I wanted to ask a critical question: When the trading week ends, whether it has been a winning or losing week, and you know you will not make any more trades, what do you do? Most typically shut down the charts, close the…
One of the more difficult aspects for traders is placing highly effective stops. Either most beginning traders place stops too tight or too far away. Place stops too close to your entry and they are likely to get hit. Too loose and they unbalance your risk/reward ratios. In today’s article, I’m going to share 2…
Today’s price action tip article is designed to give any beginning, or non-profitable trader, 2 critical tips to help accelerate your learning curve and avoid the pitfalls almost everyone falls into. If you can learn to follow these two beginner forex trading tips, then you will find yourself making more winning trades, along with less…
Now that 2012 is wrapping up for traders, I’m guessing many of you (like myself) are dying to get into the new year of trading. During this time, it is a fantastic opportunity to reflect upon what successes you had last year, but also what you need to work on. A common practice and tradition…