What Is The Runaway Gap Trade? Examples From CL, ES, NQToday offered a few examples of a trade we call the “runaway gap trade”. It’s an aggressive trade that works only a bit more than 50% of the time. But, when it does work, the moves tend to be pretty good. This brief video explains […]
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 […]
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Box By Box Decision Making Logic: “Two Out Of Three” Concept. ES Example. In this video, I do a “replay” of sorts to show you the logic (from the right edge of the chart) behind the “2 out of 3” methodology.1) An explanation at what you’re looking at.2) A couple examples of how you can systematically […]
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Webinar Replay: “Beyond Luck: Using The 2 Out Of 3 Method For A Repeatable Day Trading Edge.Here is a replay of a webinar that I presented the other day.It’s called “Beyond Luck: Finding A Repeatable Edge Using the 2 Out Of 3 Method” – I discuss a key mistake I used to make and that I see […]
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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...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 […]
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