Tag Archives for " Trading Plan "

Two Logic-Based Strategies For Getting On-Board Trend Days (Like Today)

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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Do You Judge Your Trading Realistically? Or Against “Hindsight Perfection”?

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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When Must You “Pull The Plug” On A Good Trade? Plus, Do You Enjoy The “Puzzle” Of The Market?

 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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What Is The “Overlap” Trade? What Is The “Reverse Overlap” Trade? Examples From Today

What Is Overlap?  Reverse Overlap?  Why Does It Matter?In this video I look at examples from Crude Oil and Gold to describe the concept of “overlap” and “reverse overlap”.  These are two VERY powerful concepts if you know how to see them and identify them.  One, they help you make sense of the market’s “story” […]

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Three Common (And Killer) Mistakes That Most Day Traders Make

Three Common (and killer) Mistakes Most Day Traders Make(and how to overcome them) If you’re a day trader, you’ve almost certainly made one of these mistakes.  And frankly, you’ve probably made all three.See, as traders we almost all follow the same basic “path”.   The problem is, this path leads to some nearly inevitable mistakes.  And […]

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