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Making The Turn, Revisited 24 Aug 2013 | 06:00 pm
I had an interesting conversation last week about what it actually takes to succeed at trading and my mind went back to an article I published not so long ago outlining what I believe are some of the ...
Momentum Part 2 17 Aug 2013 | 08:34 pm
In my last post, I talked about not ignoring momentum and showed that momentum can often be opposite of the trend. This post is going to show how we can use the information to find some trades. To a...
Never Be Wrong Again 17 Aug 2013 | 05:05 pm
There are lots of reasons why a trader might not execute their plan properly and not wanting to be wrong is a big one. But as I’ve mentioned in the past, virtually all traders in existence understand ...
Dont Forget Momentum 15 Aug 2013 | 06:53 am
You hear it everywhere: “Trade the trend”. It makes sense, right? If the bulk of the money is into longs, why be that trader that bucks the trend and trades the opposite. I love to jet ski. The ro...
Price As A Gas Gauge. 12 Aug 2013 | 02:49 am
Price can tell you all sorts of things and you don’t even need an indicator to help you spot the obvious. My car and just about every car out there has a gas gauge. The gas tank, being an enclosed s...
Enter at Your Own Risk 10 Aug 2013 | 04:40 pm
I’ve read in some places that entries don’t actually mean an awful lot in terms of whether a strategy is going to be profitable or not and whilst I agree with this to some extent, I also believe it co...
How To Use An Indicator 5 Aug 2013 | 07:41 pm
Indicators. The first thing that many wannabe traders do upon opening a chart for the first time is click through the various indicators. Whether they are looking for a way to determine a trend or loo...
Don’t leave your mind on the beach 3 Aug 2013 | 01:12 pm
Whether you’ve just come back from vacation or you’re planning on going away soon, there’s one thing that should be on your mind and that’s “how will I manage to get back into the swing of things when...
To Confirm Or Not Confirm Is The Question 29 Jul 2013 | 01:58 am
A few weeks ago, I was on a side street and stopped at a four way stop. For those unfamiliar with what that is, it is simply a stop sign on all four streets leading into an intersection. I watched ano...
Survival Of The Fittest 27 Jul 2013 | 05:50 pm
I’ve seen traders come and go throughout the years – some great ones and many poor ones. But all in all, I’ve seen a good number of traders who have experienced some degree of success. Unfortunately i...