Volume analysis is a crucial part of technical analysis, it provides valuable insights into market behavior and price movements. Most of you are probably aware of the basics but just in case we have some newbies let’s start at square one. Volume refers to the total number of shares or contracts (for options) traded in…
Negative thoughts not only hinder your growth as a trader, but they also hinder you in your everyday life. In this article I want to remind you of some techniques you can use to help clear negative thoughts from your mind and to allow you to learn and grow as both a human being and…
Read More “Exercises to Clear Negative Thoughts from the Mind” »
The most famous last words for the average trader: “I’ve got it figured out.” The moment you believe this, you create the conditions for a long and difficult downswing. It’s not superstition. It’s about the way you carry yourself. What you need to know is that when you believe you’ve got everything figured out and…
In this article, we’ll be diving into the art of drawing trendlines. They are powerful tools that can help you identify patterns, predict future price movements, and make smarter trading decisions. They also help identify and validate price trends, enabling you to anticipate potential reversals or continuations. This article serves as a comprehensive guide to…
In the world of trading and investing, adaptability is the key to success. It’s a lesson I learned early in my career – you can’t force the market to conform to your desires. Instead, you must learn to read market charts accurately and adjust your approach accordingly. The ability to read charts effectively and act…
Read More “Unlocking the Path to Trading Success: The Art of Adaptation” »
Have you ever found yourself hesitating to enter a trade at precisely the right moment, only to chase the stock afterward, to your own detriment? Have you taken profits prematurely because the stock exhibited a minor wobble, only to watch from the sidelines as it continued to climb towards your initial target? If you’ve experienced…
Read More “Mastering Fear in Trading: Your Path to Confident Decision-Making” »
Bottoming and topping tails are my favorite pattern enhancers. They can even be used as patterns on their own as discussed in the article. However, that should only be done with experience. In the article I talk about bottoming tails, but everything discussed can be applied for topping tails, in reverse as well. As you…
Read More “Unleashing the Power of Tails in Technical Analysis” »
A question that frequently arises in our seminars is one that revolves around the success rate of various trading patterns. To this, we often pose a counter-question: What type of market are we discussing? Is it an upward-trending market, a downward-trending one, or perhaps a sideways meander? The questioner, often met with a quizzical expression,…
Read More “Unraveling the Odds of Trading Patterns: A Profound Exploration” »
Are you constantly trying to improve your trading or at anything really? If you are, are you having success? If not, you might be going about it all wrong. I’ve watched many break-even traders for a long time and what I notice is that they are good at a few things. Unfortunately, those few things…
Whether you’re a novice trader taking your first steps into the world of financial markets or an experienced hand honing your craft, the allure of trading can be irresistible. The thrill of executing a trade, the pulse-quickening excitement as the market moves, and the tantalizing possibility of profit – it’s a rush akin to stepping…
