Support and resistance are critical when trading. When price reaches support or resistance, it will either break through or retrace. The odds of whether price will break through or retrace depends on the strength of the support or resistance. So,…
Prior to the FOMC meeting this past week, news leaked that the Fed was likely going to drop the word “patience” from their statement. This set off a flurry of speculation, with the general consensus being that markets would react…
The stereotypical day trader is seen as someone hunched over a computer screen (or multiple screens) all day, vigilantly watching and staring until their eyes bug out. In fact, this image is probably the biggest reason why people who might…
When you’re trading, the competition is fierce. You need to do everything you can to increase your odds of success. Just as important, you want to stop doing anything that reduces those odds. Pay close attention to these Top 5…
When you trade, you’re entering an arena full of automated algorithms and seasoned professionals. It takes a certain mindset and two important characteristics in order to compete successfully. Whether you’re trading the stock market, futures or options, practice them and…
This blog will focus on trading tips, strategies, information, and anything to help make you a better trader. Stay tuned.