You can increase your risk-taking ability and overcome fears by analyzing your actions and asking empowering questions, as explored earlier. Here are a few questions which can further help with your analysis and motivate you to make a difference once you understand more about what keeps you from taking risk. These questions are designed to…
Momentum can also be a leading indicator when divergences between price and momentum arise and can lead to some profitable, high probability trades. Please understand that the set-ups I am about to discuss are countertrend tactics, and as such, you must employ a hard stop in the event that the trend reasserts itself and you…
Would you like to know the true, statistically tested spot of a new trend in development? Is this the secret to riches?! No, there is no secret, unfortunately, but with this objective model of quantifying trend birth, you’ll be more “in the know” than those who miss this key “Sweet Spot” in the market structure….
Although we all employ different trading strategies across different time frames using different vehicles (stocks, options, futures, etc), there really are a limited number of pure trades we can take and it is helpful to know the major types and when we are employing them in our trading arsenal. The four major types I propose…
From Charles Dow, Robert Rhea, and Richard Schabacker (and others) – early pioneers of stock market technical analysis – four driving principles of market dynamics have endured the test of time and still guide technical trading decisions across all time frames. Each principle can be quantified mathematically and most (if not all) mechanical trading systems…