Day Trading Tips and Tricks

Moneyball (2011) is a bio-sports-movie about Billy Beane, played by Brad Pitt, the manager of the Oakland A’s baseball team and his struggles to put together a competent team while working with a severely limited budget. The movie is well… Read More »

To everything, there is a season, and a time to every purpose, even in commodity trading. Sometimes futures day traders who primarily work with the e-mini indices forget there is a much broader choice of commodity trading products in the marketplace…. Read More »

Day Trading Futures: Using Stop Loss Orders Stop loss orders (also referred to as a stop-loss, or stops) is a tool that is used to exit a trade once its movement begins to lose money. Anytime the market starts to… Read More »

Candlestick Patterns, an Introduction The internet is chocked full of blogs, sites and training courses that include a popular approach to market analysis using candlestick patterns.  For those of you who don’t know already, candlestick pattern usage in trading attempts… Read More »

Successful trading has as much to do with timing as anything else. You can have all the best tools at your disposal, but that won’t help you much if you miss the move of the day. Most markets will make… Read More »

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 »

The Most Effective Method to Learn to Day Trade Most people who want to learn to day trade start out sifting through the thousands of trading books found on the Internet.  In their quest to learn to day trade, most… Read More »

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 »

I talk with traders all the time about their Stop loss strategy. The number one concern I hear is getting stopped out and then having the trade turn back in the direction of its original move.  This can be incredibly… Read More »

Recently I wrote about the power of setting S.M.A.R.T. trading goals.  So, I could not have been more pleasantly surprised when I received an email from long time customer, Achim Stollem, that he completed his Topstep Trader $150k Combine using nothing more… Read More »