Technical analysis is the most commonly used approach utilized by day traders who are speculating on a day to day basis to profitably navigate the markets. While there are a myriad of ways to approach technical analysis and even more patterns to recognize, just a few key points will be of an immense help to […]
Switching Strategy Mindset Insights As you may already know, I recently decided to focus my trading on a single strategy which is also the one I’ve struggled the most as a newbie trader. That is momentum trading. There are several reasons that motivated me to make this move that I’ve already discussed (if you […]
Trading in the stock markets is not for the faint of heart. There are many potential pitfalls for those who are ill prepared to handle it, and you can fully expect that you will fall into some of those traps if you do not plan ahead. While we all like to fancy the idea that […]
Table of contents What Are Bollinger Bands? How I Use Bollinger Bands in Day Trading Price Outside the Bands = Reversal Risk Don’t Act on the First Candle — Wait for Confirmation Why I Pair Bollinger Bands With the 9 EMA Live Trade Example: CTMX & P Stock When Not To Use Bollinger Bands My […]
This is by far the most common question I receive from our students as well as other traders that are still striving to reach profitability after years of struggle. Although this is a very frequent question, it is natural and normal for one to want to know what their time investment will be and if […]
How George Soros Became So Legendary There are few investors on this planet that have not heard of George Soros at all. He is a lightening rod of controversy for some and admiration for others. There is basically no in between. This is largely because of the interesting ways in which he has made […]
The Key Importance Of Being Selective As I’m progressing with this challenge of switching strategy to focus entirely on the momentum one (you can read more about it here), there are some key concepts that have remained the same or that have gotten even stronger in the way I’m adjusting my trading style. The first […]
Brexit: What It Is And How It Happened Brexit is a shortened version of “British Exit.” The British Exit was a political movement that advocated for the United Kingdom to remove itself from the European Union (EU). The country had already separated itself financially by using the British pound as its currency, yet the […]
The “AAA” Rating For Your Trading Success Once you’ve started trading and you’ve begun accruing more experience in this field, you’ve figured that success is no coincidence. But, instead, it’s the consequence of the ability to follow a precise set of rules with discipline. For the most of us, we had to learn this […]
With pensions a long-forgotten relic of the past, most Americans are looking at ways to save for their retirement years on their own. While many companies offer these plans, though, many employees have very little guidance when it comes to investing in their 401(k). There can be thousands of options to choose from under some […]
