Interestingly, despite having learned various skills throughout their lives, novice traders often fall into the trap of impulsive trading. They neglect careful planning and fail to adhere to a well-defined trading plan, which is a crucial component for long-term profitability and success in the markets.
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.
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.
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.
Trading Playbook and Trade Review
When I began to fully understand what neuronal networks are and how they’re formed, my trading improved in a big way. Playbooking and Trade Review are the mental models and frameworks that I used to go from unprofitable to profitable, and then from 5 figures of profitability to well into 6 figures. These are the exact frameworks that I use with 1-on-1 clients (and teach in the OMC) to help them generate consistent profits from trading.
