Right now as I sit and write this article, it’s coming up to the end of 2008 and I’ll be shortly taking a well-deserved break from the markets and my website. Of course, as an admission that I’m addicted to trading, this won’t be a total break. I have some trading books to read and…
Price Bar Reversal Patterns – The Bullish Rejection Pattern
Price Bar Reversal Patterns – The Bearish Rejection Pattern
Price Bar Reversal Patterns – Intro
I was driving in my car the other night with my twin daughters when the conversation somehow turned to what they wanted to do when they grow up. Naturally, being only nine years old, they had many ideas. There were those that I was very happy with – an astronomer, a veterinarian, a professional soccer…
Here’s an extract from a great email conversation with one of the YourTradingCoach readers, in which he discusses the use of tight stops: “I adopted this approach in the beginning, but got stopped out of the market so many times I started to widen them. I’ve had on too many occasions the market pull back…
Fatigue management is a favorite topic of mine, due to my interest in aviation and in particular aviation safety. In military aviation, in both a training and operational environment, fatigue management is recognized as an essential function of command, in order to minimize risk and enhance operational effectiveness. The same applies to the management of…
Question: Hi Lance, I read from another resource that in order to detach your emotion in every trade you need to have a set of written specific rules about your entry, your position size, your exit and any other possibility that might happen in that trade and you need to follow it with “marine discipline”…
Trader Q&A… Question: Hi Lance, It was by pure chance that I found your site through you tube, but am I glad I did!! Good sound advice which if you take it, works. There is just one thing that always puzzles me and I hope you can help me with this. I have been looking…
I had an interesting chat recently with a subscriber about the current ‘financial meltdown’, which addressed two main areas of conversation that I felt would be worth sharing via my website and newsletter. What are my thoughts on the financial crisis, and how do I trade the news or allow news to influence my trading?…
