Trading Guide

How to Stop Losing Money Day Trading: A Trader’s Guide to Recovery

Struggling to stop losses in day trading? Discover a clear, step-by-step guide to regain control, identify weak spots, and rebuild a profitable strategy. Learn practical techniques to balance risk, refine your edge, and master your trading process for consistent gains.

How to Identify and Trade the Spring Setup

This setup is a powerful tool because it focuses on traps - Enabling savvy traders to capitalize on market movements that are driven by large players. Here’s a detailed guide on identifying and trading the Spring setup.

Mastering Market Openings: Understanding the Opening-Drive Trade

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.

How to Use the Volume Point of Control (VPoC)

One powerful tool that helps traders engage with price in better locations is the Volume Point of Control (VPoC), a vital component within the Volume Profile indicator. In this article, we will explore the significance of VPoC and how it can be leveraged by traders to enhance their market analysis and decision-making.

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.

Creating an Easy Money Trading Strategy

Successful trading is an art that demands more than just intuition; it requires a strategic foundation that stands resilient - Not only through market shifts but a trader’s own emotions as well. At the heart of this foundation lies a singular, indispensable pillar: the use of an easy money trade strategy. This isn't just a guiding principle; it's your linchpin for consistent profitability.

How to Build a Trading System - The Essential Guide

To become a successful trader, it's crucial to follow a systematic approach that incorporates various key elements into your trading strategy. This article will break down these essential components and guide you in creating a coherent and profitable trading system.

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.

How to Game Plan for a Trading Session

If you’re a trader of any experience level, having a game plan is your secret weapon. Whether you're a seasoned trader or just starting your journey, a well-defined trading session game plan is the key to success. This simple system is what I personally use on a daily basis, and what we talk about in real-time during our Premarket Prep Livestreams in the Trader’s Thinktank - It will keep you prepared for every trading day.

Mastering Risk Management in Trading: Scaling In and Out

Trading success hinges on one crucial factor: risk management. But mastering this art is easier said than done. In the volatile world of trading, fortunes can be made or lost in the blink of an eye. To thrive, traders must learn to effectively preserve their capital and seize trading opportunities with precision. In this article, I share an approach to risk management that not only safeguards your assets but also provides a structured path to profit.

The Ultimate Guide to Crafting Trading Watchlists

A watchlist is a trader's tool, carefully curated to spotlight a select group of stocks amidst the vast sea of market options. Its primary mission? To sharpen a trader's focus, standing as a sentinel of readiness for rapid responses when trade signals flash on the screen. In an environment where stocks can trigger buy and sell signals simultaneously, a watchlist acts as a pre-emptive strike, eliminating the potential for delays that could result in missed opportunities. By homing in on a concise selection of stocks instead of attempting to monitor the entire market, traders dramatically improve their odds of capturing early moves, rather than scrambling to chase trends that have already taken flight.

Springs and Upthrusts - False Breakouts Provide Powerful Signals In Trading

In this article, we will delve into the mechanics of identifying Wyckoff springs and upthrusts, explore the underlying principles that drive their effectiveness, and discover how these signals can be harnessed for short-term gains or long-term capital growth.

Mastering Trend Trading: Simplified Strategies For Riding A Winner

One powerful approach to trading is trend trading, a strategy that allows you to capitalize on significant market moves and ride them until they reverse. This method thrives on simplicity and effectiveness, making it a go-to choice for many traders. In this article, we will simplify the art of trend trading, breaking down the setup, identification, entry points, and risk management strategies needed to navigate and become profitable with trend trades.

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 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.

Options Swing Trade Guide: Using Market Structure and Price Action for Profits

In this guide, I’ll outline the simple approach that I personally use to find and execute swing trade ideas. Whether you're a seasoned trader or just starting, this guide will equip you with the necessary tools and strategies to navigate the markets and capitalize on short to medium-term price movements.

Scaling Profits in Trading: Navigating Realistic Expectations and Pitfalls

In the world of trading, it's easy to get caught up in hindsight analysis, where it becomes tempting to draw conclusions about when one should have taken profits - Hindsight is always 20/20. Relying solely on specific, rare situations for profit-taking guidance can lead to limited future success. As traders, it is crucial to base our decisions on a large sample size of data and consistent behavioral patterns in the assets and products we trade. This article aims to shed light on the importance of realistic profit-taking expectations, the pitfalls of greed and fear, and the challenges posed by revenge trading.

Stocks In Play - Why All Traders Should Focus On Them

Achieving a high daily win rate is the “Holy Grail” for day traders, and professional traders consistently achieve remarkable success. But what sets them apart? This article uncovers the three key factors behind their impressive win rates and reveals the strategic advantage of "Stocks in Play" for day traders.

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.