Few people are likely to understand self sabotage more than traders. While it’s an innate tendency in almost all of us, traders get to experience it more often and more directly than most others. If you’ve traded for any period of time, you know what I’m talking about. It seems like whenever things start to … Read More …
This educational video explains our trade setups in the E-mini S&P 500 Futures from Wednesday, January 16. We believed prices above 1467.25-1468.25 were unsustainable given the low volume and lack of broad market strength, and the video explains how we traded that idea.
You’ve surely heard that to succeed in trading you have to be mentally flexible and be able to quickly change your views when the market changes. i.e. You have to have dynamic trading. But how do you do that exactly? It’s one thing to tell you to be flexible and dynamic, but it’s quite another … Read More …
There’s a lot to learn to become a good trader. A lot of market understanding, strategies, and techniques. But sometimes it’s the things that seem completely unrelated to trading that teach us the most about it. And our task is to find those analogies and to use them to our advantage. Find one different way … Read More …
It’s not always about the big things. We do so many complex and painstaking things to work on our trading, but sometimes it’s the subtle changes that can make a big difference to our bottom-line. And what’s more subtle and seemingly innocent than having expectations? As traders- and human beings for that matter- it’s very … Read More …
Another year has begun, and with it the promise of better trading and better results. But instead of just hoping about these things, I’d like to give you a trading insight that will guide you towards them. One of my biggest trading influences, Dr. Brett Steenbarger, once had this to say: The good trader limits … Read More …
It’s not meant to be easy to do all of this; in fact it’s meant to be very hard. If it were easy anyone could do it. Almost everyone knows what it takes; few can actually do it consistently. That’s the challenge. When adversity strikes even when you’re doing the right things, it’s not unfortunate … Read More …
This educational video goes over a couple of short setups in the E-mini S&P 500 Futures from Friday, December 21. The video shows the importance of having a Trade Plan, Key Support/Resistance Areas and an understanding of the Market Context. Good trade location is, in itself, an edge.
No subject is more misunderstood than that of trading risk. I see so many varying opinions, and a lot of traders have major misconceptions about it. This is partially brought about by financial industry professionals and academia. I won’t get started on the value (or lack thereof) of most formal education, but I will say … Read More …
The market context was discussed in our December 17 Weekly Outlook video. In this video, we explain a Long setup in the E-mini S&P 500 futures from Tuesday, December 18, based directly on the ideas discussed in our Outlook video.
Recent Comments