Becoming a successful trader requires more than just knowledge of the markets and technical analysis. It demands discipline and the ability to stick to a set of rules consistently. In this article, we will explore two crucial lessons that can help you develop the discipline needed to become a more successful and profitable trader. Establishing […]
Click here Summertime Trading to get Ross’s pdf on Traveling and Trading. There is reasonable evidence that suggests the six months between November and the end of April are the best time of year to trade stocks. The November-April period has historically outperformed the six months between May and October period for stocks across many countries […]
What’s up? All right. Well, today, just before I was about to sign off and was finished trading for the day, we had pretty epic algo flush. And I thought this is a good opportunity to do an episode on how the algo flush works. So, whether you’re a beginner trader or an experienced trader, […]
The Chaikin Money Flow is a technical analysis indicator that is used to measure the buying and selling pressure in a stock over a period of time. Intro In the world of trading, huge market movements are usually triggered by the actions of giant hedge funds, mutual funds, pension funds, brokers, and other whales that trade the […]
Technical trading is such a diverse method of trading that you really can’t pigeonhole it. There’s trend traders, mean reversion traders, breakout traders, and pullback traders. You can trade support and resistance levels, forecast volume and volatility, or even do technical analysis on the VIX or the Federal Reserve’s balance sheet (maybe that’s not a […]
The power hour in stocks is typically referred to as the last hour of the trading day between 3 and 4 PM EST. Intro It’s well know that the regular trading hours for the Nasdaq Stock Market and the New York Stock Market (NYSE) are 9:30 a.m. ET to 4 p.m. ET on weekdays […]
Today is a red day recap, back in the saddle and in the red. So, it was a green day before I ran into DCFC and I have about a thousand dollars of profit in my main account and then profit in my retirement. Let’s look at the day how it unfolded […]
A mountain and a hill both have ups and downs, but the slopes of a hill are likely to be less steep compared to those of a mountain. If you are hiking and using a street map as your guide, it might be challenge to determine the steepness of the slopes. You may need […]
In some of our recent blog posts, we have discussed how moving averages are frequently used by technical analysts and traders to analyze the prices of stocks and other securities. Moving averages are important because they smooth out price fluctuations to help traders distinguish between market noise and the underlying trend. In this post, […]
An Intermarket Sweep Order (ISO) is typically a large order that gets sent to several exchanges simultaneously for the purpose of quickly taking as much liquidity as possible. The factor that divides the ISO from other order types is that it is exempt from the ‘trade-through’ aspect of the SEC’s Order Protection Rule (Rule […]
