I find it interesting that VERY FEW people discussing their trades with me ever talk about "the other trader". They always talk about the technicals – the price patterns and (if a little more astute) the strength / weakness analysis. I get it. That stuff is important. I suppose I'm guilty of this as…
Let's look one final time at last week's trade sequence. The problem we attempted to address was one of continual attempts to fade long and extended price swings, finding that instead of timing that entry to perfection we more often than not end up with two to three stop outs, and a mindset destroyed…
The best entries lean against some recent structure which limits movement against the position and provides a logical place for the stop. Unfortunately though, the market cares little for what we want to see in an entry. So how do we get in when there is no recent structure and we're trying to time…
One of the things I love about what I do here at YTC is the opportunity to chat with other traders, at all stages of their development. My email archive provides an absolute treasure-trove of information and ideas spanning all areas of this business from strategy to peak performance to business management. I was…
