The Quick And The Dead is a phrase that some traders have used to describe the high-risk yet thrilling nature of day trading. It’s a loaded term; one that conjures up the image of a gunfighter dating back to the
Day Trading Strategy: The Risk of Dollar-Based Stops
Stop loss strategies can play a significant role in managing your trading risk. To protect yourself against unfavorable market movements, particularly sudden and volatile movements, it might be wise to always trade with a stop loss. But stop losses can
Newsletter – October 2018
Upcoming Government Reports & Holidays 1-Oct CONSTRUCTION SPENDING 10:00 AM 4-Oct MANUFACTURERS’ SHIPMENTS, INVENT… 10:00 AM 5-Oct EMPLOYMENT SITUATION REPORT 8:30 AM 5-Oct INTERNATIONAL TRADE REPORT 8:30 AM 5-Oct U.S. INTERNATIONAL TRADE IN GOODS & SE… 8:30 AM 8-Oct
Using Bollinger Bands & Swing Patterns on a Trending Market
In a previous post, we discussed a technique to use Bollinger Bands to fade what might be interpreted as “extreme” market moves, anticipating that price might revert back to the “average” as measured by a Bollinger Band’s moving average line.
Market Replay: Crude Oil CLV18 on August 27, 2018
Market Replay is a hypothetical study that explores how a given market might have been traded using a strict price action-based approach. Some trades might have yielded favorable results while others might have been less favorable. We reveal both. CLV18
Day Trading Strategy: The Risks of Missing Trades
How significant would it be to miss a trade or two while day trading? True, you might miss that very big losing trade, or that very big winning trade. But have you stopped to think of the difference it might
Swing Trading Strategies: How You Might Have Shorted Gold
Like any other form of speculation, swing trading can never guarantee success. It can give you exposure to more frequent opportunities than long-term investing, and it might give you more time to plan your trades using both technical and fundamental
Newsletter – September 2018
Upcoming Government Reports & Holidays 3-Sep LABOR DAY HOLIDAY — 4-Sep CONSTRUCTION SPENDING 10:00 AM 5-Sep INTERNATIONAL TRADE REPORT 8:30 AM 5-Sep U.S. INTERNATIONAL TRADE IN GOODS & SERVICES 8:30 AM 6-Sep MANUFACTURERS’ SHIPMENTS, INVENTORIES… 10:00 AM 7-Sep EMPLOYMENT
Jesse Livermore’s Massive $100 Million Short of 1929
For most of the speculators, banks, and financial institutions who were around to experience it, 1929 was indeed a year of reckoning, marked by utter financial and personal ruin for most. It taught us that on the other side of
Trading Psychology: Should You “Trust Your Gut” While Trading?
We’ve all heard the saying “trust your gut.” Many of us do this more often than we realize. Trusting your gut means looking inward, beyond the noisy chatter of thought, and toward that fuzzy space of perception–a mix of instinct,