In the dynamic world of stock trading, mastering the art of trend analysis is often the difference between success and failure. Yet, despite its fundamental importance, many traders find themselves systematically trading against the trend, inadvertently sabotaging their own success. So why is it that traders often overlook the power of trend analysis, and how…
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Have you ever been holding an open position and thought “I should sell this before the price goes down and my stop is hit”? Do you ever wonder where do those thoughts come from, and how can they be so accurate at times? These thoughts are the realm of intuitive trading. Some traders are more…
In the intricate world of trading, where every decision counts, the pursuit of an ‘edge’ is relentless. Traders, from the nimble intraday scalp trader analyzing the 1-minute chart to the astute long-term core trader scrutinizing monthly charts, share a common quest for a strategic advantage. This pursuit finds its answer in the ‘Four Pictures of…
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A Trading Plan for Swing Trading – Part 1 In the first installment of this article, we discussed the importance of having a well-structured business plan for our trading activity, no matter which goals we were pursuing. We also discussed the need to establish goals, which in turn would determine the procedures and parameters for…
In the dynamic world of trading, one of the most common pitfalls that traders encounter is the tendency to trade against the prevailing trend. Despite the clear advantages of aligning with the trend, many traders find themselves swimming against the current, often to their detriment. So why does this phenomenon persist, and how can traders…
Read More “Mastering the Art of Trading with the Trend: A Path to Profitability” »
Trading markets have evolved dramatically in recent decades, yet stocks continue to offer unique advantages that make them my preferred trading instrument. While I’ve traded across multiple markets – futures, forex, options, and cryptocurrencies – I consistently find myself drawn back to equities. Let me share why, and perhaps challenge some common misconceptions along the…
Read More “Why Stocks Remain the Ultimate Trading Vehicle: A Deep Dive” »
Embarking on the journey of trading is akin to navigating uncharted waters, and at the heart of this expedition lies the indispensable practice of scanning. While the accumulation of knowledge over time shapes a successful trader, the ability to identify high-probability opportunities through effective scanning is the beacon that guides us through the markets. I….
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Let’s explore an important distinction in trading that often causes confusion. Scalping is a legitimate and potentially profitable trading style that focuses on capturing small price movements using larger position sizes. A skilled scalper typically operates on very short timeframes – often using 1-minute or tick charts – to execute their strategy. Scalping follows the…
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The current turbulent climate in the financial markets presents unique challenges for swing traders seeking to capitalize on short- to medium-term price movements. In times of heightened volatility, such as the present, swing trading can become particularly challenging due to unpredictable price gaps and erratic market behavior. However, with the right approach and risk management…
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When it comes to managing risk in trading, the debate over hard stops versus manual stops is a common topic of discussion among traders. At Live Traders, we firmly advocate for the use of hard stops within the trading system. We’ve seen too many traders fall victim to the pitfalls of using soft or flexible…
