The Trading Journey: Managing Expectations

Many developing traders approach the markets with the belief that their energy should be immediately rewarded with substantial profits. This belief is amplified in today’s day and age, with many skilled traders sharing their profit screenshots via social media. However, this mentality is flawed and can lead to frustration, impulsive decisions, and ultimately, setbacks in their trading journey.

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The Overlooked Key to Day Trading Success: Effective Risk Management

The importance of effective risk management cannot be overstated, especially for developing traders. While many aspiring day traders usually focus on finding the next big parabolic mover or looking for the holy grail trading system, they often overlook one of the most critical factors in their success: managing risk.

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Trading Is a "Regret Business" - Here Is How To Build Resilience

Regret is a common emotion in trading, often triggered by the realization of a wrong decision, such as selling too early and missing out on potential gains. This feeling can be particularly intense when traders associate their self-worth and identity with their trading success. When a trade doesn't go as planned, it can feel like a personal failure, leading to heightened emotional responses.

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Fearless Trading: Confronting and Conquering Your Trading Demons

Fear is a constant in trading, but it doesn’t have to hold you back. Learn practical steps to manage fear, embrace losses, and build confidence through proven strategies like journaling, mentorship, and a strong trading plan. This article offers actionable advice to turn fear into fuel and create habits that lead to long-term trading success.

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The Importance of Keeping a Trading Journal for Day Traders

If you want to be successful with day trading, you must understand that it demands a disciplined approach and a commitment to continuous improvement. Through working with traders in a 1-on-1 capacity, I have found that the trading journal is a tool that is often overlooked. Sadly, many developing traders do not understand the value that can be found in simply reviewing their own trades and trading behavior.

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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.

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What Is Opinicus? The Premier Day Trading Community

Back in 2017, Opinicus was born out of necessity. I knew that the online education industry - specifically trading education - needed a community for intraday options traders and an education offering for new market participants to learn from. At the time, no such offering existed. In what is now a competitive landscape, Opinicus emerges as a premier day trading community and education provider, offering traders the tools, resources, and community they need to thrive in the markets.

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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.

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The Best Trading Education in 2024

As the financial markets continue to evolve, the need for effective and accessible trading education has never been more crucial. In 2024, Opinicus emerges as a beacon of simplicity and profitability in the complex world of trading.

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Navigating Decision Fatigue in Day Trading: Strategies to Avoid Over-Trading

Decision fatigue in day trading manifests as a cognitive shortcut that prompts irrational trade-offs in trading decisions. The continuous stream of choices faced by day traders can overwhelm their cognitive abilities, making each subsequent decision more challenging. This article explores the implications of decision fatigue in day trading and provides actionable strategies to help traders navigate this challenge and optimize their trading performance.

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Why Every Trader Needs a Trade Plan

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.

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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.

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Trader Tips, Trading Guide, New Trader Kyle Janas Trader Tips, Trading Guide, New Trader Kyle Janas

Capital Requirements: How Much Money To Put In Your Trading Account

Before delving into strategies and market dynamics, a common question among new traders is “How much do I need to get started?” While it is a seemingly simple question, the answer can be quite complex as this is not a “one size fits all” approach. In this article, I’ll break down the various aspects to consider when starting your trading journey.

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Why You Can't Sell That Losing Trade

Have you ever been in a losing trade as it approaches your stop and thought… “Let me just see if price bounces at the next level”? If so, you aren’t alone. This a common phenomenon that all traders experience during their early development stages. So, what is it exactly?

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Prioritizing Process Over Profits for Long-Term Trading Success

Most brand new traders are initially drawn to day trading by the allure of profits and the lifestyle that can come with it. Yet, the irony lies in fixating too much on these external rewards. Similar to an athlete cracking under pressure, excessive focus on the profits often leads to a myriad of mistakes.

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