A common misunderstanding among new option traders is that 80% to 90% of all option contracts expire worthless, so a seller of option premium will have a higher win rate…

A bear trap happens as too many people sell short into a falling downtrend on a chart to new lower prices too late in the move. Bear traps typically occur…

Professionals don’t count their money while they are working they focus on execution. A surgeon doesn’t look at the clock for how much money they have made, they focus on…

A W pattern is a double bottom chart pattern that has tall sides with a strong trend before and after the W on the chart. The W chart pattern is…

Price action patterns are the visual moves that happen on the chart from the interaction between buyers and sellers at different price levels. At the candle level, a trader can…

Chart patterns provide context for applying key levels to trade off of on a chart. One group of similar chart patterns uses the XABCD harmonic chart pattern. The XABCD is…

Here are ten of the best trading books that tell the ups and downs of the trading journeys of successful traders. Unlike other trading books that discuss technical patterns, systems,…

The current Mark Cuban net worth in 2022 is $4.5 billion.[1] Mark Cuban is listed as the #247th richest person in the United States on the Forbes 400 list. He…

Here are my top picks for the best books on risk management for traders. These books cover the importance of position sizing, stop losses, trailing stops, total risk exposure, leverage,…

Here are some great trading statistics researched by Rolf of Tradeciety and Austin Silver.  Here are 40 statistics and data on traders that you may have never heard about.[1] 80%…