TECH TALK

Rick Saddler

Rick Saddler

HitAndRunCandlesticks.com

Road to Wealth: 307% In One Year

I've been an employee and a business owner. Both placed a lot of money in someone else's pocket. Whether it was the company or the tax man and it seemed to be a lot of headaches for little return.

It was a dream to quit my day job and learn to trade the stock market. And, so my journey began.

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More Talk

Barry Burns

Barry Burns

TopDogTrading.com

Technical Analysis Indicators Are Never Wrong

This brief tutorial demonstrates why charting indicators are always right, which has the tremendous benefit of allowing you to use them to create an objective, rule-based trading method. Why is this? Because indicators are not subjective, they are based on mathematical formulas. Math doesn't fudge outcomes - the same formulas will always generate the same results.

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Larry Gaines

Larry Gaines

PowerCycleTrading.com

5 Winning High Probability Chart Patterns

After decades of trading most all of the major markets, I've learned that the key to trading success is market direction. I've designed and use a Systematic Directional Trading Process and the first step in this process is to identify the best chart patterns that offer the highest probability of producing winning trades.

Now, as a trader it can seem overwhelming when you feel like you have to be an expert at charting, along with finding the best security or ETFS to trade, learning your broker's trading platform, accounting for your trades and the list just goes on and on.

For this reason, I like to simplify things by focusing on what I've identified to be the Highest Probability Winning Chart Patterns.

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Matt Choi

Matt Choi

Certustrading.com

5 Questions that Can Make You a Better Trader Right Now

Matt Choi is a Chartered Market Technician (CMT) with over 17 years of trading experience and the founder and chief strategist of Certus Trading, a company dedicated to teaching traders how to trade stocks, ETFs, options, currencies, commodities and financial futures.  Matt is a rule-based swing trader who applies the strategy of using proven rules and market patterns to inform his own trading and the education he provides at Certus Trading.  Matt derives these trading strategies through long-term testing and deep studying of the markets.

In this short article, Matt addresses 5 areas that traders need to master to ensure consistency.

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Peter Schultz

Peter Schultz

CashflowHeavenPublishing.com

Use These Three Indicators to Trade Credit Spreads

There is something valuable in watching a chart develop over time.

It’s interesting to note how much value early stock traders reported receiving from manually plotting a chart with pencil and paper back before computers became commonplace.

These traders swore that because of the painstaking method of tracking a stock by hand they got to know its movement intimately. It’s like getting to know the personality of the stock—the moods and patterns of what the stock is doing—-and likely to do next.

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Melissa Armo

Melissa Armo

TheStockSwoosh.com

Trading the Open of the U.S. Equities Market

A random walk. That is what most people think the stock market is. Just a series of random events with no predictable pattern or link. Just total randomness.

Well, the fact is that most people are right. Most of the time during the trading day the market is random and has no predictable pattern.

This is why so many lose. I have traded the market for years, but realized long ago that MOST of the time the market is random, and people try to make too much out of insignificant patterns that give little odds of success. However, success comes from those few times where there is NOT randomness, when there IS a predictable pattern. When you find these times, it is when you have an edge.

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Geoff Smith

Geoff Smith

DTItrader.com

A Simple Way to Generate Consistent Income

There are many ways to trade options or use options in trading.  Many people trade options for the sole reason that they are much cheaper than trading stock.  It is kind of interesting that it is rare to find an options trader that would ever buy a stock, or a stock trader that would ever buy an option.  I believe that both camps are wrong.  You need to be able to trade both, or at least take advantage of both.  The reason for this is that if you trade stock, you can minimize risk and maximize gain using options.  If you trade options, you do not get the full benefit of the stock’s move if you are right, and you run the risk of being assigned the stock, which scares options traders, and it shouldn’t.  I’m not going to get into the fundamentals of options, but let’s digress for a paragraph or two to get some understanding before we talk about the strategy I want you to learn.

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Preston James

Preston James

TradersEdgeNetwork.com

Unlock Large Stock Moves with the Crowbar Strategy

How do you saddle up to the biggest stock moves in the land and catch some of the biggest moves of your trading career?(Especially using option leverage to carve out King-Sized home runs while tying up far less capital and risk than buying the stock).

How do you find them?

How do you get the confidence to buy them?

Is it easy?

Do you stand to lose your mind and your wits?

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Jeffrey Gibby

Jeffrey Gibby

MetaStock.com

Predicting Price Action Using Probabilities

Technical traders use systems to trade the market like a business plan.  Their rules are well laid out and established in advance.  It is their business plan for trading the market and testing that plan allows you to understand your business.  It’s a great tool to help traders prepare both emotionally and financially for trading. System Testing is a great tool and I’d recommend it for traders of all skill levels.

Trading systems use well indicators,  price and volume, and chart patterns to produce well defined entry and exit points.  They are objective not subjective.  As such they are easy to interpret and understand when applied to your trading.  

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