How I Trade the Eminis
Hello, my name is Steven Primo and I have been actively trading the markets for over 41 years now - beginning as a 9-year Specialist on the floor of the Pacific Stock Exchange, to managing a private Emini Fund. Later on in my trading career I held the position of Director of Education for a number of websites until I ultimately became the President and Founder of my own company, Specialist Trading, which focuses primarily on trading education.Read More
Short-Term Stock Trading Strategies
Both The RSI And Stochastic Can Help You Create Profitable Short-term Stock Trading Strategies
I typically receive dozens of emails from traders who are just starting out asking me for help in creating short-term stock trading strategies. A few weeks ago I demonstrated a strategy using the RSI indicator; I received several emails from readers asking me to explain the difference between the RSI Indicator and the Stochastic Indicator.Read More
5 Things You Must Know to Day Trade Like a Market Maker
It is no surprise that we are in a time of financial uncertainty. The Fed has been kicking the can down the road with regards to interest rates, the stock market has been reaching all-time highs, and lest we forget, we have a major presidential election mere weeks away. As a trader, we want to be able to take advantage of this uncertainty and its attendant volatility, trading the market long and short, adapting to the strategies used by smart money in the market.Read More
My Favorite Ways for Predicting Market Turns
It's not easy to predict a market turn. But knowing how to do it is an important part of trading.
Being able to accurately predict a market turn can:
- Create big trades, at the point where new trends start
- Help you get out of trades that have gone bad
- Make you look cool at cocktail parties (LOL)
6 Essential Ingredients for Winning at Stock Index Trading
After trading the futures markets for 25 years, there are a few things that are certain. Trading futures is a high risk business, and like all trading it will require your full application of skill in the areas of research, practice and live “in the trenches” trading to gain experience and realize success. The rewards can be tremendous if you apply yourself fully to learning the key ingredients described in this article.Read More
Seven Stupid Mistakes that Smart Investors Make
Quantifying actual dollar risk is the primary, almost single-minded objective for professional investors. They understand the importance of putting probability in their favor while limiting downside exposure.
It is logical to evaluate the worst-case scenario first and determine whether to investigate the opportunity further. Think first about the effect of the investment loss on the account. (The negative mental impact may be great as well, and very difficult to overcome for future opportunities to make money.)Read More
Triple Fib Strategy
Today, I wanted to discuss a strategy that I like to use in sideways, churning markets. It's called the Triple Fib Strategy and it uses the power of Fibonacci combined with the power of adding to positions (if you do it right).
If you are a trend trader like me, you typically don't like to see sideways market conditions on the 4hr and Daily charts.Read More
The Trend Failure Signal
If you have been following my articles, you have probably realized that I am a KISS (Keep It Super Simple) investor in most scenarios and that includes following the trend in most of my trade decisions.
However, there are situations where a reversal opportunity has a high probability and certainly a positive Risk to Reward opportunity...Read More
Day Trading - 12 Key Trading Concepts to Survive and Crush it from a 20 year Trading Veteran
Trading is inherently risky. By following 12 fundamental money management rules you can keep your capital safe while building valuable trading experience.
Our 12 rules to keep you in the 10% winning club vs. 90% of traders who lose money:Read More