I’m grinning from ear to ear today. One of my mentees was tasked yesterday to begin preparing premarket “hypos” each morning. It’s just what it sounds like – a few hypotheses for how the day might unfold, therefore providing a roadmap for the day with key inflection points and potential targets. Here’s a screenshot of his premarket journal post in … Read More
A Trader’s Definition of Hell
What would a trader’s definition of hell be? I say it’s the following: On your last day on earth, the trader you became will meet the trader you could have become. Scary to think about isn’t it? I have two ways of avoiding “trader hell” that I’ll share with you. Focus on process. I can guarantee you that if you … Read More
Your first 3 takeaways for 2017
It’s only the first trading day of 2017, and we’re already learning lessons and working on our game. Here’s 3 takeaways you can use to start getting better right away.
Find great levels in the S&P 500
This short lesson teaches the concept of using custom-period volume profiles to find great tradable levels. Apply this to your trading on your higher timeframe charts to help frame a contextual framework. Reach out to Merritt at [email protected] if you’re interested in learning more about using powerful tools like this.
Close The Gap!
I work with a lot of traders trying to “make the turn” – that is the turn to consistently profitable. Among the plethora of issues preventing the average trader from being consistent, one has come up rather often recently. The gap. The gap between what you see as great opportunity at the end of … Read More
Can a Trader Actually Expect Choppy Price Action?
Have a look at this powerful tool you can start using to help you keep more of your profits and avoid getting chopped up!
Current Emini S&P 500 Market Structure
Here’s part 2 of this free insight into using Volume Profile to find great trade locations. If you have further questions about adding this tool into your trading, reach out to Merritt at [email protected]
Using Volume Profiling to Trade the Emini S&P 500
Here’s a look at the Emini S&P 500 and a specific tool you can use to help your trading. Stay tuned for part 2 of this series.