Trading

Although not every trade is going to be a winner, there are ways to quickly spot those “winning trades” which can greatly improve your probabilities. There are many ways to spot winning trades but the best way to spot a…

A trader’s most valuable tool is not a type of software nor an online ‘service’. It’s simple, and it’s free. You can create one using a pencil and a notebook – a trading journal. Keeping a trade journal tracks what…

I covered in a recent post three tools every trader must have. One of them being a broker. It’s a crucial tool for all traders. One question I often get is, “Which is the best broker?” To answer that, I…

I think the first thing we all need to ask ourselves in regards to the title of this post, is there such a thing as 4 steps to the perfect trade, and if there are such steps to make this…

So what is a veteran trader anyway? Is it that trader that NEVER makes mistakes? Is it the day trader that wins all the time? Maybe it is, maybe it isn’t; it’s hard to say. I will say this: the…

The candlestick chart provides traders and investors quick and easy insight into price action and market sentiment. Most traders consider candlestick charts to be much easier to interpret than traditional bar charts. Candlesticks measure price for a specified time period. A…

Linking up with a mentor does not guarantee you a one-way ticket to trading riches, but without question, it is the next best thing… If you were to ask a group of six/seven-figure traders — very few would tell you…

The opening gap is one of the most widely traded and also misunderstood trades available on a regular basis. To trade a gap, it is imperative first to know what a gap is. An opening gap is when price action…