Understanding the different market openings is crucial for intraday traders seeking profitable opportunities. Among the various types of market openings, one stands out as the most forceful and definitive: the Opening-Drive. Let's delve into what the Opening-Drive is, how it impacts trading, and strategies for navigating this momentum play.
The Best Trading Education in 2024
Mastering Volume Profiles: A Guide for Traders
If you want to improve your trading performance, understanding and implementing volume profiles is essential. After training hundreds of traders throughout my near-decade-long trading career, I've noticed a common issue among unprofitable traders: they often dive into trading setups and patterns without considering the broader context. Trading without context is not a strategy, it's merely trading patterns.
What Is the Easiest Money Trading Strategy?
When it comes to trading, simplicity often proves to be the key to long-term consistent profitability for the retail trader. Traders, both seasoned and novice, are constantly seeking to not only simplify, but align themselves with the easiest money trading strategy. In this article, I shed light on a unique strategy known as The Two Hour Trader.
How I Made $23,387 in 8 Days With Just A $2k Account
If you have been trying to turn an income from trading a “smaller” account… But you just haven’t been able to crack the $10k/month mark, pay very close attention to what you are about to read.
This write-up could be the very thing you were seeking all this time and now you finally have your hands on it, so don’t waste the opportunity.
I can guarantee that if you focus and just follow what I will explain in this doc step-by-step, you’ll be able to replicate what I’m doing and you will make at least $10k/mo by yourself.
The Perils of 0DTE Options Trading: Why Day Traders Should Think Twice
0DTE (Zero Days to Expiry) options have gained popularity as a high-risk, high-reward trading instrument in recent years, especially with the advent of daily expirations in SPX. These ultra-short-term options promise quick profits, but as we'll explore in this article, they come with significant dangers that can leave even seasoned day traders with a blown portfolio.
How To Use Volume Profile - A Complete Guide
If you want to improve your trading performance, understanding and implementing volume profiles is essential. After training hundreds of traders throughout my near-decade-long trading career, I've noticed a common issue among unprofitable traders: they often dive into trading setups and patterns without considering the broader context. Trading without context is not a strategy, it's merely trading patterns.
Options Flows on SPX Price Action - A breakdown of Gamma, Vanna, and Charm
Options have emerged as the new bedrock, with SPX functioning as the derivative. Tail wagging the dog scenario. For traders engaged in the SPX, ES (futures), or SPY, understanding the ramifications of options flows is paramount - But is this information really needed to be consistently profitable, or is it just noise?
Triple Witching and SPX 0DTE: Unveiling Market Mysteries Amidst Soaring Options Volumes
A recent phenomenon that has been making waves is the peculiar performance of the S&P 500 on Triple Witching days. Over the last 15 occurrences, the S&P 500 has experienced declines in a staggering 13 instances. This raises questions and piques the curiosity of market participants and analysts alike. What could be driving this pattern, and how does it intertwine with the surging volumes in the world of options trading?
How to Start Trading Profitably Quickly with the Two Hour Trader
How A Market Top Develops: Mastering Market Timing
Identifying the development of a market top is a crucial skill for traders and investors alike. Understanding the signs and signals that precede a market top can help you protect your capital and even profit from a downturn via shorting or puts. In this article, we will break down the six key steps that typically characterize the formation of a market top, and what you can watch for.
How to Trade with Supply and Demand Zones
One of the fundamental concepts that traders use to gain an edge in their trading strategies is the theory of supply and demand. In this article, we will delve into the intricacies of trading with supply and demand zones, exploring different formations, governing principles, and techniques to effectively utilize this concept for profitable trading.
How to Get A Funded Trading Account With Topstep
If you're a new, developing, or even experienced trader looking to gain access to funding, you've likely come across the Topstep funded trading program. Their platform offers traders the opportunity to trade with real capital without risking their own funds. In this article, we'll dive into the key aspects of the Topstep funding program and how you can maximize your chances of success.
How to Catch More of a Stock's Move
For day traders and swing traders, mastering the art of trailing out of a position can be the difference between a decent profit and a massive win. Trailing your position effectively allows you to ride the momentum of a stock's move, maximizing your gains while minimizing the risk of giving back profits. In this guide, we'll delve straight into the essential techniques to catch more of a stock's move through strategic exits.
Are Prop Firms and Funded Accounts Worth It? A Trader's Perspective
If you are an aspiring trader looking to kick-start your trading career, you have likely heard of prop firms or “funded accounts.” Are they legit? Are they worth it? We covered this topic last year, but in this article, we will explore the benefits of prop firms and funded accounts, shedding light on why they can be a valuable path for new traders. As an experienced trader who has successfully navigated the challenges and passed the Topstep challenge, I will share insights from personal experience, providing you with an authentic perspective. If you want to try the Topstep funding challenge for yourself, you can do so by clicking here.
Unraveling the Influence of 0DTE SPX Options: Distortions and Risks in Today's Stock Market
In the ever-evolving landscape of markets, new trading instruments emerge, bringing both opportunities and challenges. One such instrument is the 0DTE option, a derivative introduced in 2022 that has gained significant traction, accounting for nearly 50% of daily trading volumes in the S&P 500 (SPX). While these options have brought liquidity and flexibility to the market, their influence has also led to certain unintended consequences, artificially suppressing volatility and fueling a self-reinforcing feedback loop.
The 10AM Reversal Time - A Strategy All Traders Should Know
As a day trader, you understand the immense value of market timing. Mastering the art of recognizing predictable price movements can be a game-changer for your trading success. Among the many patterns and strategies employed by traders, there's one particular phenomenon that stands out—the highly lucrative 10 AM reversal time.
Navigating the 4 Phases of an FOMC Market Reaction: A Guide for Day Traders
To make the most of an FOMC market reaction, it is essential to understand the four distinct phases that typically occur during and after these meetings. Each phase requires a different approach and strategy to maximize trading success. In this article, we will delve into each phase and outline the recommended trader's approach.