A richer life takes more than just money

Welcome to the Indicator Warehouse blog. You can look forward to reading articles on trading education, personal development, trading psychology, relevant world business news, and even useful gadgets to make your trading life easier.

legs of a wave

How Many Legs Does a Market Have?

It sounds like a kid’s joke doesn’t it? Yet recognizing which “Leg” of a move the market is on can be very helpful in gauging how much “life” is left in the move. We all want to maximize the profitability… Read More »

December 1, 2021

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Avoid Trading Boredom

4 Sure Fire Ways to Overcome Trading Boredom

Many people are drawn into trading because of the prospect of making big money in a relatively short span of time. But sometimes, there’s just not that much action in the market or your trading system simply isn’t catching any… Read More »

November 28, 2021

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Day Trading Psychology Tips from Richard Friesen

Sometimes I find trading psychology material a bore because more often than not, it’s the same old stuff repeated.  Certainly, successful management of your emotions, biases and triggers are of paramount importance to the trader. But, what has always been missing… Read More »

November 25, 2021

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stop loss

Everything you need to know about Using a Stop Loss

Today’s topic is one of the most important issues we deal with as traders:  The Stop Loss.  A stop loss is an order we place in the market after we decide where our entry should be.  It essentially closes our… Read More »

November 22, 2021

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Choppy Market Conditions

Choppy Markets and When Not to Trade

Conquering the Choppy Market Beast Mark Twain said, “There is nothing more uncommon than common sense.” I can’t help but think of that statement when I see how some traders approach the market, in particular to their expectations of what the… Read More »

November 19, 2021

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Learn Trading for Yourself

Learn Trading or Have Someone Do It for You

D.I.Y (Do It Yourself) vs. M.O.D.I.F.Y (Make Others Do It For You) One of the blessings or curses, depending on your point of view, of our modern world is that we have plenty of choices for just about anything –… Read More »

November 16, 2021

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Great Day Trading Systems

How to Make the Perfect Day Trading Sandwich

When people use the term “day trading”, they mean the act of buying and selling stocks, commodities, or foreign currencies within the same day. Day traders seek to make profits by leveraging large amounts of capital to take advantage of small… Read More »

November 13, 2021

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trading systems

Trading Systems and Having the Proper Mindset

Are You and Your Trading Systems Ready for Success? If you plan on working with a day trading system, determining whether or not you’re ready to make the leap involves some serious introspection. When you learn day trading, it’s easy to… Read More »

November 10, 2021

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Back testing day trading system

How to Know if Your Day Trading System Works?

Is System Backtesting Worth It? Imagine if you have six losses in a row. But, you are okay with it.  What would that mean?  In short, it says you’re confident in your system because you KNOW that over time, you… Read More »

November 7, 2021

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tick value size

Can Tick Value Affect Your Trades?

Most traders get so involved in the act of trading they give very little thought to what they will be trading. They do they know that the instrument they choose to trade can have a significant impact on their overall… Read More »

November 4, 2021

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