Do you have the mental “flexibility” required for successful day trading?Do you ever feel like you get “locked in” to a trading concept and can’t shake it? If so, you might find this video helpful. In it, I go bar-by-bar through a potential trade example from this morning. We discussed it in real-time during our […]
Continue...4 Trailing Stop Techniques For Holding Winning Trades Longer Trade exit can be a tricky puzzle. I mean, you’re rarely (if ever) going to be perfect and that can be frustrating.The best we can hope for is to be able to put the market in context (to determine when it makes more sense to go for […]
Continue...
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...
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...
The really brief audio clip here is taken from a Q&A session with members. It’s in response to a comment about a particular person’s progress since using this methodology. The key, however, is that we discuss the number one mistake just about every trader makes (especially newer traders) and how if you don’t “break” this […]
Continue...