A Message to Those Who Think Trading Depends on Luck

A Message For Those Who Think Trading Depends on Luck

If you want to get on my bad side, tell me that trading involves a high degree of luck. Nothing gets me going more than that- especially if you’re very adamant about your view. I’m usually quite calm, composed, and level headed. But when I hear those words, they get under my skin. You see, Read More …

E-mini S&P 500 Market Analysis & Outlook 12/04/2012

12/3/2012 Composite Profile

In the last Market Analysis & Outlook post, we highlighted the 1400 and 1406.50 High Volume Nodes (HVNs) as Key Levels to measure the market’s strength/weakness, i.e. holding above those levels would indicate short-term strength and breaking and holding below would indicate weakness. We had upside targets at the 1412 (Gap), 1423.50 (NVPOC) and finally Read More …

The Only Time It Really Matters

detour

It’s easy when things are working out. Easy to be positive. Easy to think correctly. Easy to stick to the plan and be disciplined. But sooner or later you’ll face adversity. And that’s when you’re going to have your real test. How you react to adversity is the only thing that really matters. The time Read More …

E-mini S&P 500 Market Analysis & Outlook 11/29/2012

11-29-2012 Balance Area Profile

In the video posted on Monday night, we discussed the 1406.50 Level (VPOC from previous Balance Area), and the expectation was for Responsive Sellers to push price down to the 1388.25 Gap. That idea played out well over the next 2 days. Responsive Sellers were active at 1406.50 and pushed price lower, hitting our downside Read More …

E-mini S&P 500 Market Analysis & Outlook 11/27/2012

E-mini S&P 500

ES has been moving higher since rejecting the 1377.75 Composite VPOC, and is now trading near the upper end of the Balance Area / Bracket. The market is near an inflection point. Watch today’s video to catch up on the Market Context and see where the S&P 500 could be headed over the next few Read More …

What Do You Do When the Market Closes?

Relentless drive

The closing bell rings. You turn off your screens, reflect briefly on the trading day, and you’re off to relax. But wait. Have you ever wondered what the top traders are doing? You know, the ones making consistent 6 and 7 figures. Well, I’ll tell you what they’re doing. They’re taking a brief rest, because Read More …

E-mini S&P 500 Market Analysis & Outlook 11/20/2012

E-mini S&P 500

In our last video, we discussed the idea of using 1376-1378 as the Bull/Bear Zone and we were expecting a directional move away from 1378. The following day, ES failed at 1377.75 and sold off, hitting all of our downside objectives (Open Gaps at 1363.50 & 1355, NVPOC at 1352.50). We finally saw some capitulation Read More …

How To Reprogram Your Mind for Trading Success

How To Reprogram Your Mind For Trading Success

Anyone can talk about effective trading mindsets. But what does it really¬†take to change your thinking and achieve trading success? In our last post, I talked about the incredible power of having a mindset of gratitude, and how it can greatly help your trading. A perceptive reader, aptly called Attitude Trader, mentioned that gratitude was Read More …

E-mini S&P 500 Market Analysis & Outlook 11/13/2012

E-mini S&P 500

In our last video, we highlighted our bearish bias and that we were expecting the E-mini S&P 500 to push to new lows. That played out well over the following few days. Since then, ES has been balancing within a range and is now primed for another directional move. Watch today’s video to get our Read More …

Try This If You Want More Success In Trading- And Life

Success In Trading

More success in trading. We all want it, and we’re often willing to try anything to achieve it. But sometimes the simplest things are what will make the biggest difference. And there is no more simplicity than what can be found in universal truths. So here is one universal truth that can bring you more Read More …

Name Email