One of our Skill Enhancement Sessions. Traders often say we could help them by giving insight into entry and stop management. It's a common challenge. There are many approaches that are effective in improving this skill and most of them require first defining the opportunity. Once that's accomplished, then trigger and stop placement become a [...]
One of our Skill Enhancement Sessions. To gain consistency in your trading, one of the most useful tools any developing trader can employ is to perform debriefs of trades. This is effective whether the trade is a winner or a loser. This will help you isolate performance issues and avoid poor trade definition in the [...]
Another week and we are already lock limit down in Index futures early Sunday evening as the Fed has made a surprise rate cut to the levels of the 2008 Financial Crisis, while also announcing a Bond purchasing program in an effort to boost the ever grim economic outlook resulting from the Covid19 pandemic. While [...]
Whether you trade intraday or look for multi-session opportunities, looking at the much wider timeframe is a good start for any approach to markets. As the rule states, "always default to the higher timeframe." This can mean you may take a long position, but if the larger timeframe is bearish, take your profits and don't [...]
Part of our regular Q&A series. In this Q&A session, we began with a look at the impact of tariffs. We reviewed some early action in the NQ and we discussed expectations for the end of the year and anticipation for 2020. Then we opened the floor to additional questions.
Part of our regular Q&A series. In this Q&A session, we began with a look at the impact of news releases like NFP or FOMC. Then we took a short "structure clean-up trade." We continued discussion about deliberate practice with the profile. Then we opened the floor to additional questions.