As primarily a trend trader, my goal is to trade in the direction of the trend, by entering on pullbacks and then taking my profit on the next trending wave. The basic envelope strategy discussed extensively in my day trade articles attempts to capture such moves. The problem is that unless you are very good […]
I am a college student and started trading seriously back in 2010, so what I would like to do is put together a post for the younger traders out there as general advice based on my experience, including things I would do over again if I could could go back in time. This is geared […]
Only one trade fulfilled my trade requirements during the late London and early US session, yet the trade is worth discussing since it encompasses many of the concepts I have discussed in other articles. For about an hour before the US session began the EURUSD was moving predominantly sideways. Not price action I am interested […]
So while all the strategy posts, and articles on money management, trading psychology, brokers, trading software options, indicators, and so forth might provide the foundation to getting yourself personally set up in the trading business, the main question that everybody should be applying to themselves is, can I actually trade binary options for a living? […]
I wasn’t able to trade the final two days of last week (which probably wasn’t a bad thing because the market didn’t look very amenable to solid trade set-ups anyway). But I did want to share a couple things I saw just from looking at the five-minute chart of the USD/CHF, the asset I typically […]
One of the greatest problems most traders face can be summarized as “Not following their trading plan or strategy.” As humans beings we have several tendencies which cause this. One of the main culprits is that once we have a plan that works (or at least was shown to work in the past), we try […]
When I first began trading, I had a really lousy trading strategy that I picked up from somewhere on the Internet. It involved using three indicators – MACD, stochastic oscillator, and simple momentum indicator – to make trades. When all three indicators would match up in the downward direction at the top of the chart, […]
Optiontime.com is yet another brand being offered by the folks over at Safecap Investments LTD. Unlike some other white label spin off’s this one is actually based on a new platform. This is one of the first brokers operating on the Keystone platform created by Markets.com. Markets.com is a CySEC regulated forex and binary options […]
Reminiscences of a Stock Operator, one of the most popular trading books of all time, is based on the life of Jesse Livermore who was born in 1877. He made $100 million in the great crash of 1929, which depending on the gauge you use, is about $1.5 to $2.3 billion in today’s dollars. Jesse […]
The opening range breakout has long been a daily event many stock traders monitor. It is a way to let volatility subside a bit by waiting on the sidelines when the market opens (or trading another strategy), and then taking advantage of the trend that follows. The Right Stocks Before getting into what the opening […]