The Federal Reserve The Federal Bank of the United States is like the central bank of any other country. However, in the US, it is one of the most powerful financial institutions, since it is mandated with the task of providing the nation with a safe, flexible and stable monetary and fiscal system. It […]
Day 20 of the Small Account Challenge: Red Day Recap | Ep. #22 [smart_track_player url=”https://media.warriortrading.com/2017/03/Red-Day-Reacp-13117-Pod-Cast-22.mp3″ download=”false” ] It was bound to happen that I’d have a red day at SOME POINT in 2017. Today was my first red day in the small account, and it was brutal. I can’t help but feel frustrated as yesterday […]
Table of contents Why Traders Need Technical Analysis Technical Analysis: Bottom Up vs. Top Down Approach Key Technical Analysis Concepts Support and Resistance Bottom Line Technical analysis is a loaded term. The phrase means different things to different people. If you ask a green pea newbie, they’ll tell you that with the right knowledge of […]
Day 19 of the Small Account Challenge: +$7,499.12 | Ep. #21 [smart_track_player url=”https://media.warriortrading.com/2017/03/Podcast21.mp3″ download=”false” ] What a day! Today was the BEST DAY I’ve had in over a year. I’m finishing the day with $7,499.12 in my small account, and an additionally $8,500 in my regular account. Making $15k in 1 day is a pretty […]
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 Psychology: Understanding Successful Trader Mentality – Behind The Trades | Ep. #20 [smart_track_player url=”https://media.warriortrading.com/2017/03/BehindTheTradesEp1_Final_audio.mp3″ download=”false” ] Transcribed Audio from Behind The Trades Hey everyone. All right, so we’re going to do a special episode here. This is a new segment called Behind the Trades. Today we’re going to talk about, basically a […]
Day 18 of the Small Account Challenge: +$2,249.53 | Ep. #19 [smart_track_player url=”https://media.warriortrading.com/2017/03/Podcast19.mp3″ download=”false” ] This is a great way to finish the week I’m finishing with my biggest green day in the 2017 for the small account, and I’m just shy of $15k in total equity. My balance as of the end […]
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 […]
What Are Bollinger Bands? Bollinger Bands are a technical indicator developed by John Bollinger in the 1980s that plot standard deviations around a moving average. Here’s an example chart: Bollinger Bands widen as price volatility increases and tighten as volatility declines. Wider bands imply a higher standard deviation, meaning that an average price is […]
