If you’ve ever day traded stocks or futures, you probably understand the importance of using stop-loss orders. Intraday price action can be significantly affected by algorithmic trading programs and it seems as if these trading programs are designed solely to hunt…
In my view, the rout in EM currencies is due for a sharp technical reversal. To understand this coming EM currency rally, we need to understand some fundamentals about foreign exchange markets in general. After decades of studying stock markets…
We’ve heard time and time again the importance of risk control. You may have read my post on why trading the stock market isn’t gambling. My main argument behind my assertion that the stock market isn’t gambling is our ability…
I was looking at technical price levels to help me determine the support and resistance level. While I had the chart up, I was reminded about a specific question that I’m often asked…“How do I decide whether to use Bollinger…
I’ve talked about using leverage or options for leverage, as well as the risks of that. Well, in this post, I want to go over how to use options for hedging. What is Hedging? Instead of selling stocks when you’re…
The pros know that option trading is really about trading volatility more than anything else. While option values can also be influenced by market movements and time, successful options traders know the key to trading options is to buy relatively cheap or under…
There’s a reason why I’ve been in trading for as long as I have. In fact, here are 9 reasons why trading is the best career: 1. You Don’t Have a Boss Having a boss is one of most employees’…
The mid-morning pullback is a phenomena often seen in financial markets, where it may simply be a brief reversal or a slight pause in an upward momentum. For example, markets will often end up stronger and race higher before seemingly running…
