This is a guest post by Sami Abusaad of @T3Live When the market turns unstable, what do you do? Panic sell? Seize the moment and start gambling? If you want to wade through the treacherous waters of a volatile market and come out with your P&L — and your dignity — intact, you need […]
How to Write the Perfect Trading Plan Read More »
This is a guest post by @PattensWizard on Twitter. Technical analysis is the study of prices over time and the analysis of chart patterns formed by price movements. So, a relevant question that often traders ponder is “What timeframe should I choose?” Another question that traders also frequently ask is “Why does trading timeframe matter?”
Why Does Your Trading Time Frame Matter? Read More »
Arbitrage is the ability to profit by both buying and selling the same asset in two different markets at the same time to profit from any difference in the price in two different places. Arbitrage takes advantage of any variations in prices of the same or similar financial assets listed in different exchanges or in
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What traits separate the minority of profitable traders from the the majority of unprofitable traders in the markets? Here are the 12 key traits I have seen and studied over the past three decades in the financial markets that separate successful traders from the unsuccessful ones that don’t make it. From the start the traders
The Anatomy Of A Successful Trader: 12 Key Traits Read More »
In investing and trading, diversification is the process of buying positions with capital that are not 100% correlated in price movement during most market environemnts. Diversification can be as broad as investing in different types of assets or just in equities but in stocks in different sectors, market cap, or countries. In trading, diversification can
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Qualitative analysis seeks to understand human behavior from the perspective of the researcher of information. It looks for the dynamic in an integrated reality. Information can be gathered through observation, historical research, and interviews of human behavior. Data is analyzed through descriptions and themes. Data is translated and reported through the perspective of the researcher’s
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What is a piker? In North America a piker is term for a gambler who makes only small bets. It is a stingy or cautious person. In Australia and New Zealand a piker is a person who withdraws from a commitment. (Definitions from Oxford languages). Another claimed origin of the term is Pike County Missouri,
Many new traders enter into trading with the goal to trade full time for a living and quit their full time job. Trading is a professional endeavor that requires the same amount of effort that any professional career takes. The low barrier to entry is what lures people into trading thinking it is easy. Most
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A pip calculator will help a trader determine the value per pip for a currency pair, this is to manage position sizing and risk per trade. A trader needs the currency your account is denominated in, the currency pair that is being traded, position size of the trade, and the exchange rate asked to calculate
Here are 65 lessons I learned after spending thirty years trading and investing in the stock market from 1991-2021. A trend can go farther and longer than I ever expect. The best traders are open-minded and flexible in their trades. For most traders less trades is better than more trades, focus only on the best
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