This summer has been one of the best markets we’ve seen in years. Usually summer trading is slower with fewer opportunities. This summer has not been the case. Chinese IPO’s like IQ, HUYA, and BILI have offered monster opportunities consistently the past few weeks. In the trade recap below we will talk about how to …
There is so much similarity between professional athletes and traders that many consider trading to be a sport. In fact my performance coach, Ben Newman, mostly coaches professional athletes. Professional sports have a similar type of pressure to execute and perform as day traders. At the World Cup this summer, we are seeing athletes attempting …
Read moreTwo Lessons For Traders From The World Cup – Messi Penalty Kick Miss
You will never find trading success without using a trading journal. If you don’t document your trades, you will not be able to learn from your mistakes and grow. We thought it would beneficial to talk about how you should use a trading journal to find success. Here are 3 things new traders must track …
We have learned a lot over the past eight challenges. Now on day 9 of the 30 days to master part-time swing trading challenge we put out everything we’ve learned together. What we have learned so far We have spent the beginning third of the challenge building a solid foundation for your success as a professional swing …
In day 8 of the 9 days to master part-time swing trading challenge as I show you how use the stochastic indicator to trade overbought and oversold conditions in stocks and the overall market. The Concept: Overbought and Oversold As swing traders, our favorite stocks and market are those that show strong momentum (rate of change in …
We put it all together on day 7 of the 9 days to master part-time swing trading challenge as I show you how to effectively use the reward to risk ratio when planning your trade. The Concept: Reward to Risk The reward-to-risk ratio puts the concepts of setting stops and profit-taking together. You see, while we …