Last night's blockbuster fight with Conor McGregor taking on Floyd Mayweather was anything but the "better than expected" fight the media is painting a picture of today. This was as predictable as the sun rising every day. As sure an …
Today was one of those days that you think about for a few days after. Yes I did do well but in my own mind I did not manage risk very well. This is more important to me than my wins or losses. I took two trades and quickly banked 20 ticks. Both we…
I have written extensively about this in the past and I will say it again. You need to care deeply about where your profits come from and what you choose to invest in. Case in point is this article. I like Money Morning but this stuff makes me sick…
It never ceases to amaze me the lengths that people will go to in order to convince you that there is some deep dark hidden power in the markets that enriches those with lots of capital. There is no doubt whatsoever that these people will get bette…
I am consistently amazed at how most traders manage their positions. It boggles my mind at the risk they are prepared to take for meager rewards. I want you to look at the chart below. I managed to gain some very nice ROI on my account today by man…
While it remains a patient mans game in the summer time if you know the key areas where the market is likely to take off in your direction or reverse the summer months can be a very good trading time indeed.
I had mentioned last week that the …
One of the most difficult things most traders try to do is look for turning points in the market. With crude today I was able to see all the stop hunt areas and then position myself for easy pickings.
Most traders use key supports and resistances a…
Is it possible to do 1K a day with a smaller account?
The simple answer is, "Yes it is". If you have a good plan and tradable, execution levels where you are disciplined enough to be able to take a number of stop outs before you hit your …
Well today was the first day in trading futures. We had several wins all before 1100 and three losses. So far we are up about 167 ticks on the day and counting. Bonds were the big winners today as they had been setting up for about a week for the s…
This week will see a complete bottom of the Dollar. I believe the Fed will possibly consider raising rates one last time for the forseeable future. The Dollar remains sideways to down and it will continue to be in this sideways range for a while. I…
The Title says it all doesn't it?
You have a difficult time deciding don't you?
You sit back and think, "man there are fortunes being made, I can't wait any longer because I am missing the boat".
Let me settle your nerve…
Everyone knows that show by now right. It used to be hosted by Regis and now someone new. It is a good game as far as I am concerned because it tests something that very few people take the time to do.
Your expanded knowledge base.
It is almost imp…
