Many new traders are looking for a trustworthy resource that will hand them a strategy with a high percentage win rate, a stellar track record and a very short learning curve. This is reminiscent of the many attractive young women in New York City today who according to their online dating ads all seek the same guy: tall, handsome, full … Read More
Forex and Pizzerias?
You have all heard the business analogy used a billion times in the trading world. And in case you haven’t, it goes something like this, “If you want to do well at trading, you must treat it like a business.”. Then they go on to cite some business examples and you pretty much get the rest of the idea. So … Read More
Adapting to This Market as a Day Trader
What are you doing as a day trader to adapt and succeed in this tape? This market can be rough for novice day traders trying to figure out a way to find consistency. The bots are alive and well, the volatility remains high and headline risk abounds. Trades that worked only a few short months ago are now being piled … Read More
How Many of These Trades are in your Quiver? (CCJ)
We all see the screens differently. However we all must see the screens as patterns of risk/reward opportunities that we can make our own. Below are 7 trades I might make in CCJ. Do you see your screens this way? 1) Premarket Breakdown Trade Play the downside momentum until the stocks slows. 2) The Bounce Let CCJ stop going down, … Read More