Hello speculative traders or investors! Wanted to start by thanking those of you that have visited my site. I have enjoyed and will continue to enjoy creating videos and writing posts for everyone interested. If I can ever help don’t hesitate to reach me at the...
Many traders may agree, using trendlines is like trying to paint a Picasso. We’ve all seen the trading guru’s chart with them drawn in, they seem so clear, so ridiculously crystal clear about what to do next its almost painful. Why then do I and so many...
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...
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...
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,...
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. This short term trading strategy is capable...
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. Moving forward, we’ve got Fib lines...
Learning to use Fibonacci Levels, both retracements and extensions has been one of the greatest discoveries in my trading career. In the paragraphs that follow I hope to uncover a little bit of the mystery surrounding the Fibonacci indicator. However, I should add...
Two things I love; trading and sports. The similarities between the two cannot be overstated. Each requires focus, skill, practice, and most of all, strategy. We can learn a lot about successful trading just by studying our favorite teams or players. Let’s...
So, I messed up big time this week. Yes, you read that right. I lost my shorts and I’m kicking myself for it. However, it wasn’t without a silver lining and I’m eager to share that with you momentarily. First, let me walk you through my poorly timed...
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