An Exit is Never Final…
An exit is never final… until the market SAYS it's final. Another example: An exit is never final… until the market SAYS it's final. Happy trading, Lance Beggs
The Counter-Intuitive Path to Trading Success
I recently received an email from a YTC reader with an incredibly important insight into trading success. Here's an extract from the email: Hi Lance, I heard this recently while watching football. It's not how many great plays you make, it's how few bad plays you make. I immediately emailed this to myself because…
Trading the Edges of a Sideways Market
When the market is stuck in a sideways trading range, the primary place to look for opportunity is at the upper and lower edges. When the market is stuck in a sideways trading range, the primary place to look for opportunity is at the upper and lower edges. Important References: Sideways Trend definition: Volume…
Find Your A+ Trades
Let's continue this recent theme… Focus on the areas of the market structure that jump out at you. The sequences that are so obvious, so easy, that you'd be kicking yourself if you missed the trade. Identify them. Study them. Learn from them. And then trade ONLY them… until you've got a proven edge….
Focus on Catching These Trades First
There are some trade ideas you look at with hindsight which are quite complex and which may have been difficult to execute. And there are others which jump out at you as being really simple. If you're not yet profitable, then focus on the SIMPLE trade ideas. Identify them. Study them. Learn from them….