According to many studies by brokers I have seen 90% of traders lose money over the long-term, some brokers say it is higher or lower but the range is typically in that area. There is a popular saying in the trading world that “90% of traders lose 90% of their money in the first 90 […]
90% of traders lose money… So how to be in the top 10%? Read More »
This is a guest post by Cory Mitchell, CMT of tradethatswing.com. Day traders may trade on one timeframe or use multiple time frames. Which to use? Chart time frame examples: 1, 5, 15, 30, 60-minute. Also tick charts (a set # of transactions). Smaller time frames (1 minute) give more detail. Longer time frames (15min), less
Best Day Trading Time Frame? Read More »
Here are five of the most important lessons I learned early on in trading that could help others just getting started or traders that are frustrated not being able to achieve profitability. 1. Trade small when you are starting out. When you are starting out as a new trader: “Trade small because that’s when you are
5 Things I Wish I Had Known When I Started Trading Read More »
The wrong trading psychology is one of the biggest things that cause people to fail in trading the financial markets. No trading system will work, no matter how good, if a trader can’t follow it with discipline and focus over a long period of time. It is emotions and ego that usually cause a trader
Top 3 Trading Psychology Lessons I Leaned In 30 Years (Emotions = Mistakes) Read More »
This is a guest post by Cory Mitchell, CMT of tradethatswing.com. Most traders DO lose money. Social media makes it look easier than it is because so many people are posting their winning trades. Availability bias is believing information you see most. Seeing it most doesn’t make it true. Losers just tend to be less public
Why Most Traders Lose Money Read More »
This is a guest post by David Roads, Technical Analyst & Author The pin bar is a candlestick bar which is a very powerful formation if you use it correctly. You can catch significant market moves as this bar signals to take the trade from the beginning of the trend. We find these ideal pin
How to Trade Using Pin Bar Like a Pro Read More »
This is a guest post by Cory Mitchell, CMT of tradethatswing.com. Position Sizing isn’t random. It’s calculated based on ACCOUNT RISK (AR) and TRADE RISK (TR). A formula controls risk so we know exactly how many stocks, futures contracts, or forex lots to buy on a given trade. There are many ways to calculate position
Position Sizing Cheat Sheet Read More »
This is a guest post by Saloni Bogati of quantinsti.com. Latest technological phenomena like ML and AI transform businesses, industries, and their scope of growth. The finance industry is notorious for using the latest technologies and solutions to achieve objectives. Trading has also seen its fair share of advancements in recent years and has yielded
This is a guest post by Leo Smigel the Founder of AnalyzingAlpha.com. If you’re like most traders, you’re always on the lookout for new trading patterns to add to your arsenal. After all, the more trading patterns you know about, the more opportunities you have to make money in the markets. In this blog post,
The 5 Best Trading Patterns You’ve Never Heard Of Read More »
Most studies show that 90% of traders and investors don’t make money over the long-term. The majority of traders, even if they get lucky and profitable early just give back those gains over time. Even buy and hold investors can become shaken out of their long-term plans to not sell when a vicious bear market
How To Win The Game Of Trading: 6 Lessons Learned During 30 Years Of Trial And Error Read More »