There Is Just One Single Rule Beginner and experienced traders all struggle with one particular aspect on the execution of their plans. Plans mean nothing without proper execution on them. In fact, the difference between a successful trader and an unsuccessful one is all about it. In trading, what I consider the fastest route […]
Another Red Day Recap?!! Why me?!? All right guys, so let’s do a midday market recap here for this morning. Today’s another red-day recap, I’m in kind of a little bit of a slump I guess. This is the fourth red-day recap in the last eight days. I don’t know, I was red […]
What is a Strike Price? Strike Price is the option price set on a derivative contract. It is often used in index and stock options, where the strike is listed precisely in the contract. Strike price is where security can be purchased during call options. Conversely, it is also the amount at which security can […]
How a Disciplined Trading Chat Room Can Save You Big Hey all, John L10 here! I spent some time trying to figure out the right theme for this article, which will cover my trading during the month of July 2017 and although I was debating the direction in the last 2-weeks of the month, […]
Aug 1st, No Trades! I exercised patience today! All right, guys. We’re going to do our midday market recap, go over the lack of trades for today. This is very unusual. I’m not sure that there’s been a day this year that I came into the office, sat here, and tried to trade […]
Why Expectations Can Ruin Good Trading Let’s face it. Trading is a thinker’s game but there are occasions when expectations cloud one’s judgment finally resulting in mistakes. One thing you need to know is that there is no right or wrong way when it comes to trading. Yes, implementing trading strategies, creating watch lists, […]
The stochastic oscillator is a momentum indicator that helps to show the current location of a security closing price relative to its high/low range. As a range bound momentum, it’s used for three things: a. Identifying overbought and oversold levels b. Spotting divergences c. Identifying bull or bear signals One thing you need to […]
This refers to an advanced charting study used to show trading activity spanning a particular trading and price levels. Also referred to as volume by price, it helps to display the amount of volume occurring at certain price levels and range as opposed to most volume indicators that display volume based on a certain time […]
Leave Romance for Love, Trading Needs Practicality As many of you know, last week I was in Paris where I’ve got the chance to attend to a wedding of a dear friend of mine (you can have a look of some pictures I’ve taken from this beautiful city). It has been an exciting […]
+$2,929.99 on the last day of July! Wahoo! All right, guys. Let’s go over our midday market recap for today. This is the last day of July. Finishing up another month here. Today is the 140th trading day of the year, which is exciting. That means we’ve got about 100 days left. […]
