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.
Understanding Wyckoff's Market Phases for Informed Trading
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?
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.
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.
Understanding the Different Types of Market Trading Days: A Guide for Traders
As a new trader, understanding the various types of market trading days is crucial for your success. From trend days to trading range days, each presents its own set of characteristics and challenges. In this comprehensive guide, we dive into the six main types of market trading days, providing valuable insights and strategies to help you navigate the dynamic world of day trading. Enhance your decision-making abilities and boost your trading performance by learning to adapt to different market conditions.