Determining The Difference Between A “Just OK” Setup and a “High Edge” SetupThis video discusses two specific trade examples and compares why one trade was “ok” and why the other was “high-edge”.After all, that’s our job as traders: We want a REPEATABLE methodology of making sense of the market. The examples in the video show:TRADE 1: […]
Continue...Two Ways To Identify A Trend Day & Two Ways To EnterToday was a strong trend day down in the S&P (it was down about 1.5%). That’s great and all…and it’s easy to see in hindsight of course. But, how can you identify that it’s happening in real-time so you can take advantage? That’s what […]
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Today has been a very quiet trading day, so I thought I’d make a quick video about dealing with quiet markets.1) How do you identify a quiet market?2) Should you even bother trading?3) If so, what should your strategy be?In this video I do a “play by play” of these types of decisions.You can click […]
Continue...Two Logic-Based Strategies For Entering Trending Markets In this video I describe two strategies for getting on-board a trend day like we saw today in the S&P.1) The runaway gap trade2) The rejection / failure tradeMore than that, however, the key is understanding the LOGIC behind the setups that you take. And…it’s about understanding WHEN a […]
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Most traders love breakout trades.BUT, they’re a double-edged sword.When they work, they’re the best trade to be aboard.However, they don’t work all that often and it can be frustrating to get in, only to see the market turn back against you right away.So, is it possible to determine higher-probability breakouts from lower-probability breakouts?We were discussing […]
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In this video I share a trade I made this morning. In hindsight, it looks simple. And, in hindsight, I “should” have made more than I did.However, that’s with the benefit of hindsight. I real-time, with your money on the line, it’s not always so simple.So, the questions are: – Do you have a reliable method […]
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If you have young children, you know you have to constantly remind them to “look both ways” before crossing a street. After all, it’s a basic habit that we all need to learn to stay safe. There is a similar phenomenon in trading if you want to stay safe. In this brief video, I look at […]
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