Explanation & Example: “Two Out Of Three” Concept. Using NQ Example. Do you feel like you’re dependent on luck when you enter a trade? If so, that’s tough emotionally (I’ve been there). It also means you don’t have an edge you can trust. In this video, I explain the “2 out of 3” concept using an example […]
Continue...Two Techniques For Identifying Potential Reversals In Your Day TradingBecause today was a relatively volatile day, with several major reversals, I thought it might be good to discuss a couple of techniques that help in identifying them. Both are based on “extreme” aggression bars, which are also explained.Click below to view…
Continue...Do You Have A Repeatable Process For Making Trading Decisions?How do you quantify your edge? Are you able to? And, how do you know if it’s real and repeatable? That’s what this video is about. We’ve probably all experienced the horrible feeling that is putting on a trade and then feeling like it’s just a matter […]
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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...Can A Losing Trade Help You Find Your Next Winning Trade? (crude oil example)In this video I look at an interesting scenario that occurred in crude oil today. What happens when what “should” happen doesn’t happen? And, what do you do about it?Click below to view the video…
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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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 […]
Continue...Do you enjoy the “puzzle” of the market? If so, you’ll probably enjoy this video.I discuss the “parallel” puzzles you have to solve at any moment in time to determine when a trade makes sense vs when it’s best to sit on your hands.Also, I look a specific trade setup in Crude and how things […]
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