How to Eliminate Emotions in Trading
The psychology of investing not only affects individual investors but also affects the market as a whole. Many investors often underestimate or are unaware of the affects that our emotions have on our return on investment. Many well educated and competent traders lose money due to trading anxiety and trading emotions. In today’s article we will discuss various emotions felt everyday by online stock investors and how each emotion affects trading decisions and trading performance.Read More
Five Exit Strategies that will Change the Way You Trade
In this video, I will cover 5 Exit Strategies that are easy to learn and master.
- Strategy one: Range Extension
- Strategy Two: Short-Term pivot low
- Strategy Three: 9 Period EMA
- Strategy Four: Slow Stochastics
- Strategy Five: Donchian Channels
Supercharge Your Trading System and Approach
A trading system is not a means by which a trader can miraculously achieve a desired income level simply by letting a machine make their decisions for them. Systems are nothing more than a tool to assist traders with the important job of anticipating, measuring, calculating, filtering and data-crunching duties that computers can do much faster and more accurately than any human can.Read More
Understanding How the 6 Market Phases Can Help You Spot the Next Move
Maximizing Risk and Booking Bigger Profits Are Easy When You Follow Market Phases
Trade identification or knowing which instrument to trade can be daunting if you don’t have a simple way to know the true direction of the market.
Many investors are baffled by the media’s scaremongering. Often, confusion lies between the fundamentals of an asset and technical condition of its chart. Both types of analysis often come to totally different conclusions.
Need to Ramp-Up Your Retirement Plan? How to Do It in 5 Years, Tax-Free
Is it really possible to retire in five years or less on $13,000 per month, tax-free? At Cashflow Heaven, that’s exactly what we teach. What we do is teach people how to safely and effectively generate cash flow from the stock market, tax-free. Once you learn how to do that, you can literally create an income—and perhaps even financial independence—from anywhere in the world you can find an Internet connection.Read More
This Simple Pattern Can Signal Large Breakouts Before They Happen
There are few things that are more exhilarating than catching a stock breakout when the move happens. For most traders, when breakouts happen, they fail to act until it’s too late. Even when our technical analysis spots a potential breakout, we sit on the sidelines and watch the move happen.
What if there was a simple indicator that signaled explosive moves before they happened? And what if you could monitor the occurrence of this signal against a basket of very high quality stocks?
If I Had to Choose One Indicator, It Would Be This
I participated in a trading webinar this past weekend where I demonstrated a few strategies to about 1,000 traders. The question I got asked the most over and over by at least 20 participants was to provide my favorite indicator for trading technical analysis strategies.
My explanation was rather simple; the best indicator is the one that fits the type of market environment that you are currently trading.
Although my answer was accurate and correct, I could tell that my answer was too vague and didn’t satisfy the curiosity of most traders. After the seminar ended I was asked one last time a slightly different question. The question was “if you had to choose only one technical analysis indicator, what would it be?Read More
How to Take a Pulse of the Markets Using These 5 Stocks
How does a trader get a quick pulse of the market? There are indices and sectors galore along with way too much information. This adds up to information overload and not enough time to intelligently decipher the information into a meaningful trading strategy.
After years of studying the markets and just plain experience in the business world, I started to focus on 5 stocks. These 5 stocks give me a quick picture of the overall attitude of the market and give me a heads up to trend changes in the market. Think of it this way. The foundation of a house cracks and crumbles before the house falls. Looking at components of the market gives a good indication as to the condition of the market’s foundation. Consequently, I look at these 5 stocks first every evening and then proceed to look for trading opportunities.Read More