In the financial markets, traders and investors often debate the merits and risks of different securities. Two of the most commonly compared are Futures and Options. Understanding the differences between these two can help traders decide which suits their trading style and risk tolerance. In short, Options contracts allow traders to trade but not the … Read more
The finance world is the most unethical/dishonest place (remember the economic collapse of 2008). Some of the dishonesty that accompanies subscription services is due to competition. Each service has to do a “bit more” than competitors. It snowballs! People must advertise in “creative” (dishonest/misleading) ways to gather their followers’ attention. It is important to highlight … Read more
Traders often blame their losses in trading due to “lack of discipline” and mental breakdowns. The truth is this isn’t the actual problem causing you to lose money trading. There are many out there willing to sell their services to help you improve your trading psychology/discipline, these range from books, seminars, and even expensive weekly … Read more
TrendSpider is a powerful tool designed for traders to navigate the complexities of the stock market more effectively. Here’s a breakdown of what TrendSpider offers: 1. Automated Technical Analysis: TrendSpider uses advanced algorithms to analyze stock charts automatically. This feature helps traders identify key technical patterns and trends without in-depth technical knowledge. 2. Dynamic Trendlines: … Read more
Analysts have used technical indicators for years. They analyze historical data, looking at past price movements to speculate on the future price direction of financial instruments. These indicators rely on patterns and gather price, volume, or open interest data. It’s crucial to understand that technical indicators work reactively. They don’t predict the future but measure … Read more
I’m sure you have heard countless times from various outlets about always having a trading game plan. But let’s be honest: Most traders don’t have a solid understanding of the proper execution of a trading game plan. Novice traders emotionally fall in love with a stock and ride it either down to zero or sell … Read more
When beginning to trade, it is advisable to look up what tools professional traders have in their arsenal. The Elder impulse system, designed by Alexander Elder and featured in his book “Come into My Trading Room,” is one of the best tools that people new to trading can immediately employ. The trading system is easy to … Read more
Financial trading is constantly evolving, with automation playing an increasingly important role. This is where custom trading bots, also known as Expert Advisors (EAs), come into play. These intelligent programs, coded specifically for your trading strategy, can analyze markets, identify opportunities, and execute trades automatically within the Meta Trader 5 (MT5) platform. In this blog … Read more
Mean reversion trading strategies are key for smart traders looking to grow their portfolios. They use the fact that asset prices often return to their historical average. This can lead to big wins in the stock market. This article will dive into what mean reversion is and how it works. We’ll look at its theory … Read more
A trading system is everything when it comes to surviving the unpredictable and difficult Stock Market. I’ve mentioned it countless times in this blog and on X (Twitter). I’ve never disclosed my trading system, nor do I have any plans to. However, this article aims to break down the bigger details about my trading system … Read more