A gratitude journal may not seem like the first tool that comes to mind when you think about trading stocks, but I’ve found that it can be an incredibly beneficial tool to use to improve your trading and life in general. Trading as we know is a high-stress and often unpredictable job, and having a…
Read More “Can Gratitude Journaling Help You as a Trader?” »
In the fast-paced world of trading, where split-second decisions can spell the difference between profit and loss, having a comprehensive understanding of Level II data is a non-negotiable asset. This article aims to explore the pivotal role of Level II and elucidate why it’s a critical tool for traders, especially in the context of slippage,…
Read More “Mastering Level II in Trading: An Essential Skill for Trading Prosperity” »
In the ever-evolving landscape of financial markets, two prominent approaches stand out: technical analysis and fundamental analysis. While both methods aim to decipher market trends and identify potential opportunities, the merits of technical analysis shine brightly when scrutinizing real-world scenarios such as the dramatic falls of General Electric (GE), the collapse of WorldCom, the tumultuous…
Read More “Unveiling the Power of Technical Analysis: A Superior Path to Market Mastery” »
Recently in the Live Traders chat room a comment was made about ADHD, I don’t remember exactly how it all got started but I did mention that I have been diagnosed with ADHD. Others also chimed in that they have also been diagnosed with ADHD. I was diagnosed when I signed up for a shyness…
Read More “Is Your ADHD an Asset or a Liability as a Trader?” »
n the intricate world of trading, where precision is paramount, Live Traders Techniques, coupled with insights from the Professional Trading Strategies (PTS) course, shed light on the nuanced concept of Accumulation Volume. Acknowledging the preference for price and volume as primary indicators at Live Traders, this exploration delves into how certain indicators, when used judiciously,…
Read More “Decoding Accumulation with Precision: A Focus on Volume Dynamics” »
Trading, often romanticized as a quick route to financial success, harbors its fair share of misconceptions that can mislead newcomers. Aspiring traders frequently enter the market with unrealistic expectations, drawn by tales of rapid fortunes and effortless gains. This article aims to shed light on common trading misconceptions and provide a realistic perspective for those…
Read More “Demystifying Trading: Dispelling Common Misconceptions for Aspiring Traders” »
Embarking on the journey of a trader demands more than just market knowledge; it requires meticulous organization and a strategic approach to each trading day. In this guide, we unveil a comprehensive plan to help traders organize their day efficiently, fostering effectiveness and success. As a bonus, we’ll introduce the Trading Plan Essentials Course (TPE),…
Read More “Mastering Efficiency: A Blueprint for Organizing Your Trading Day” »
I recently came across this article from Brent Steenbarger. Give it a quick read.“The Real Way to Learn Trading” https://traderfeed.blogspot.com/2018/10/the-real-way-to-learn-trading.html The following paragraph is the one I want you to focus on:“The more advanced phase of learning occurs when the medical student becomes a resident physician and participates in the teaching of new students. We…
Observing the dedication sports enthusiasts pour into tracking statistics and analyzing every detail of their favorite games is truly remarkable. Whether it’s shooting percentages, completion rates, or yards per carry, sports aficionados can rattle off intricate details about players and teams effortlessly. Yet, when these same individuals turn to their trading endeavors, a surprising knowledge…
Read More “The Art of Tracking in Trading: A Lesson from the Sports Playbook” »
A common frustration among traders echoes a familiar sentiment: “I move my stop to breakeven too soon, and then the market turns against me. What am I missing?” This phenomenon, often dubbed “Moving Stops Too Soon,” is a challenge that many traders face, especially when attempting to safeguard gains in the midst of market fluctuations….
Read More “The Art and Science of Moving Stops in Trading” »
