This article was originally contributed by the archived community member Mifune. We no longer maintain contact details for the original author. The content has been fact-checked and updated for accuracy by our editorial team. I’m still doing early morning trading and probably will for the remainder of the summer. Today I traded the GBP/JPY, which […]
This article was originally contributed by the archived community member Mifune. We no longer maintain contact details for the original author. The content has been fact-checked and updated for accuracy by our editorial team. Wednesday’s trade came at around 2AM EST. Naturally, at this point, volatility is only slightly heating up in the market, as […]
This article was originally contributed by the archived community member Mifune. We no longer maintain contact details for the original author. The content has been fact-checked and updated for accuracy by our editorial team. Every so often, right when you get to your computer, you might actually see a quality trade setting up. This occurred […]
Usually we convince ourselves we are acting logically, and making the best choices. This convincing actually allows us to function in the world, because if we fully realized what we are doing at all times we’d drive ourselves nuts and probably get very little done. A little bit of self deception, it would seem, is […]
I began a discussion on when to use bearish positions in an earlier article. In that piece I focused on trading ranges and the use of oscillators like MACD, stochastic or RSI. Trading ranges, or the limits of those ranges, present high probability target areas in which signals can be taken, both bullish and bearish. […]
It is a called a straddle or hedged trade, and involves taking two binary option positions in the same asset. It has the potential to reduce risk, and double your gain. Here’s how to do it. Assume call and put options that have an 80% payout. Step 1. Initial Trade Like any binary options trade, […]
What do I mean? Trading bear positions as well as trading bull positions. I know that I, and I suspect many newbies and advanced traders as well, started out learning to trade bull positions. It is easier and only natural as the tendency in trading and stock ownership is to buy low and then sell […]
This article was originally contributed by the archived community member Mifune. We no longer maintain contact details for the original author. The content has been fact-checked and updated for accuracy by our editorial team. June 30, 2014 First off, I want to say that I am back to my old trading schedule. Over the past […]
You have a plan – you are going to enter a trade at a specific price. But as you watch the price approach your entry level you suddenly decide that maybe another price is better. Even though your analysis told you that was the right price to enter, now that the price is at that […]
There are a lot of great books out there, but there are always a few that stand out. While I haven’t read every book out there–and I am sure there are some great ones other than these–here are four of my favorites. 1. Reminiscences of a Stock Operator by Edwin Lefevre I have written about in […]