When stop loss orders don’t work, do this!

Stop Loss Order Featured image

Stop orders are a good thing. Understanding that will serve a trader well. They limit trading losses, and that’s great! The problem is…that seems to be the only thing ever said about stop loss orders and that isn’t great! The truth is, stop loss orders can fail and if you’re anything like me you may just have forgotten to plan for that.

Read moreWhen stop loss orders don’t work, do this!

MACD? is it THE difference?

Before discussing the MACD please enjoy a brief moment of RAGE in 3….2….1

So you’ve watched a few videos on youtube and you’re scanning the comments section only to find someone claiming “all indicators are useless”. In fact, if you scan the comments of this site you will certainly find the same. Without fail, study any media stream and there will always be someone claiming indicators are garbage.

Read moreMACD? is it THE difference?

My trading plan in one picture.

dogs

Ok, so its just one picture but it will need some explanation. Also, this picture doesn’t and won’t showcase proper money management. I’ll leave that part to you for this post. What it will do however is demonstrate appropriate entry, exit, profit, and stop targets…aka…the trading plan.

Read moreMy trading plan in one picture.

An ultra short term trading strategy for quick profits!

short term trading

So, generally speaking I don’t love any short term trading strategy.. mostly due to the fact I lose more money than I make but given the simplicity and potential power of this new strategy it seems reasonable to share.

Read moreAn ultra short term trading strategy for quick profits!

Placing High Probability Trades using Fibonacci Levels

In my last post I mentioned placing a pin in the discussion about finding trades after Fib levels were identified. In today’s post were going to pull the pin and continue our conversation about high probability trades.

Read morePlacing High Probability Trades using Fibonacci Levels