A bullish harami is a minimum two candle chart pattern that can signal a downtrend in an chart may be starting to reverse. A bullish harami is commonly formed by a small bullish candle that has a price range inside the previous bearish candle th... Read more
The bullish kicker is a two candle pattern that starts with a large bearish candlestick lower (black or red) then a second large bullish candle that gaps higher in price. The bullish candle should have a flat bottom or tiny wick with almost no m... Read more
MACD (Pronounced Mac-Dee) is the short abbreviation for the moving average convergence/divergence technical indicator. The MACD is a trading indicator used in technical analysis to filter and trade the momentum of price action on a chart. It was... Read more
The delta of an option is the magnitude of the move in the underlier that the option will capture currently based on the odds of the option expiring in-the-money. Option delta is represented as the velocity of a price change in an option with a... Read more
To be a profitable trader you need three things: A trading system with an edge. Proper position sizing per trade. The right trading mindset. If you don’t have the right mindset for trading then the other two will not work. Here is a tra... Read more
A self-fulfilling prophecy is a process where an original expectation creates the conditions of its own reality. With a self-fulfilling prophecy expectations and behaviors about a future event cause the result that confirm the original predictio... Read more
Gaps on a chart show that there were no buyers and sellers connecting at price levels on a chart. Gaps happen mostly when news comes out that instantly changes prices to much higher or lower prices than they were previously trading at. As the ne... Read more
Profitable trading is simply making more money on your winning trades than you lose on your unprofitable trades. Profitable trading is not about being perfect and making money on every trade. It is not about predicting the future, making a great... Read more
Who was Warren Buffett’s investment mentor? Warren Buffett was not only in a class that Benjamin Graham taught at Columbia Business School, receiving an A+, but also worked for Mr. Graham after graduation. Buffett was so happy to get the j... Read more
This post is an example of one of the chapters in my new book ‘The Ultimate Guide to Chart Patterns‘. Image by Atanas Matov Chart Facts: The bear flag pattern is a continuation pattern of the previous downtrend. A bear flag chart pat... Read more
