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.
Gamma Exposure (GEX), Gamma Levels, and SPX 0DTE - What You Need To Know
Why Most Traders Fail and How to Excel: Unveiling the Secrets of Successful Day Trading
As a veteran day trader, I've witnessed the harsh reality behind the success stories flaunted on social media. The truth is, most traders struggle and fail to achieve consistent profits. But fear not, for I am here to shed light on the reasons behind their failures and guide you towards a path of success. Discover the essential skills, proven strategies, and the psychological mindset necessary to conquer the challenging world of day trading. Are you ready to unlock your true potential and become a master of the trade?
How to Make Money Trading Options as a Beginner: A Step-by-Step Guide
5 Tips for Picking the Right Strike Price for Day Trading and Swing Trading Options
What Is A Trading System? The Three Core Components Every Trading System Needs
Trading is a challenging craft that requires real market competence and trading skill in order to achieve sustainable success. Unfortunately, most market participants do not have a comprehensive trading system in place, especially with how easy it is to get involved in trading these days. This article aims to explain from a professional trader’s point of view what it means to have a robust market methodology with a real, meaningful edge.
Trading Strategy, Trading System, and Trading Edge: What's the Difference?
Are you confused about the differences between a trading strategy, a trading system, and a trading edge? Do you want to learn how having a positive expectancy and a unique advantage over the market can impact your trading performance? If so, this article is for you. In this guide, we'll break down these concepts and explore how they can help you generate profits over time. Read on to discover the keys to successful trading.
How to Exit A Trade: A Guide to Defining Targets and Stop Losses
Knowing when to exit a trade is as important as choosing the right entry. This guide covers two methods for defining targets and stop losses - technical analysis and risk-reward based. There is no fixed rule which applies in all situations, so choose what makes you more comfortable. Mastering trade exits is crucial for success in day trading.
Day Trading Groups and Discords - Are They Worth It?
Joining an active trading group can help you expand your knowledge and skills. In these groups, you'll often find experienced traders who are willing to share their expertise, insights, and strategies. Whether it's through discussions, webinars, or workshops, you'll have access to a wealth of information that can help you improve your trading performance.
Top 5 Resources to Learn How to Day Trade
Are you looking to become a profitable day trader but don't know where to start? Learning how to day trade can be a daunting task but with the right resources, you can become a profitable trader in no time. In this article, we'll explore the top 5 resources to learn how to day trade, including two highly recommended programs by Opinicus. Start your trading journey today and discover the resources that can help you achieve your trading goals.
Top 5 Trading Books for Beginner Traders: Learn from the Experts
How to Day Trade on FOMC Days: A Guide for Traders
The Power of Multiple Timeframe Analysis for New Day Traders
Multiple Timeframe Analysis is a powerful tool for day traders who want to improve their market analysis and trading performance. By analyzing price movements across multiple timeframes, traders can gain a more comprehensive view of the markets and identify trends and patterns that may not be as evident on a single timeframe. If you're new to day trading or still developing your skills, implementing MTFA can be a game-changer.
Maximizing Day Trading Profits with the Opening Range Break (ORB) Strategy: A Comprehensive Guide
One of the most popular day trading strategies is the Opening Range Break (ORB) strategy. It is a reliable trading strategy that we have been using for a number of years - And is also something that is taught in the Options Mastery Course.
How To Trade An Earnings Gap With Options
One of the most lucrative trading setups following earnings is something called the Earnings Gap. This is a strategy that everyone should have in their Trading Playbook. Depending on the quality of the setup, this is a trade that can make your week. We frequently trade the Earnings Gap for 100%, 200%, and 300% gain or more.
Topstep Review - Option Trader Tries Topstep
Topstep is a financial trading firm that offers a funding program for traders who want to trade with the firm's capital. The program is designed to help traders who don't have the capital to start trading on their own, and it allows them to trade with the firm's capital in exchange for a percentage of their profits.
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.
How Long Does it Take to Become a Consistently Profitable Trader?
Relative Volume (RVOL) - The Day Trading Filter You Need
Relative volume (also known as RVOL) is perhaps the most important day trading filter in a trader’s toolkit. Relative volume tells traders how current trading volume is compared to past trading volume over a given period - More simply put, relative volume tells us how many shares have traded in relation to how many shares usually trade.
Daily Trade Review - Why You’re Probably Doing It Wrong
The entire purpose of a daily trade review is to collect behavioral-performance data around specific actions that you complete on a daily basis - These actions may or may not be directly related to trading. This write up should help to provide guidance on how to structure the daily journaling and data collection.