Patterns repeat – again and again and again! And in time, many of your trades will start to look similar to others. Let’s revisit a trade from a prior article – Volatility Contraction within a Sideways Range. And then another trade, just this last week. There is a real benefit to post-session reviews of the…
I want to return to an image we discussed several years ago, showing the various stages of a typical traders journey. There may be slight variations for some traders, but the reality is that for the majority of us it’s a step-by-step process of growth and development. And that brings us to today’s topic. In…
It sounds obvious, doesn’t it. Start the day with a quality trade! Ideally, every trade we make will be a quality trade. But the reality is that there are times when we are not 100% in sync with “good practice” and find ourselves at the mercy of our excitement and desire to trade. It’s our…
I think this is perhaps one of the most important social media posts I published, way back in 2019. The transition from one month to another provides a tremendous opportunity to pause, reflect and reorient your trading business. And the same concept applies right now, as we transition from one year to the next. The…
My email inbox is filled with some serious “bang my head against the wall” moments. People not making any progress after SO LONG. And yet they don’t have any serious review process in place. There’s nothing anyone can do for these people. They are like cannon fodder in the markets; for as long as they…
I absolutely love this market open on Tuesday. Let’s look at the daily chart as at the close on Monday. The Permabears must be feeling pretty good about themselves right now! Surely this is the big crash they’ve been warning us about for years. The daily chart plays a very minor part in my trading….
We all love those trades that move straight from entry to the target. But unfortunately that’s not always the case. Sometimes the market likes to remind us that it doesn’t give a damn about our expectations. And that it prefers to instead screw around with our mind and emotions, to see if it can chop…
Let’s start with an excerpt from a comment on last week’s article “Trading after Structure has Formed – 3“. “In the winning trade from yesterday’s post I’m wondering why you take partial profits so early. Your eventual exit is maybe five times further. This is not the first time I’ve noticed this in your trades….
International football (soccer) is one of the few things that I will allow to interrupt my trading. I have no idea why I would encourage such masochistic behaviour. Following Australia in the international arena is more often than not a frustrating and disappointing way to spend my time. But it is what it is. And…
Monday provided a beautiful example in the NQ daily chart of an overextended market pausing with a narrow-range inside day. Volatility contraction! A place of opportunity for those who’ve seen it before and who’ll be ready to react. And a place of learning for those who are new to this game. So I sent out…
