Trading Business

Study the Transitions

Let’s talk about Market Structure and Price Action study, commencing with a question I received on Thursday – Do you still do daily study of market structure? And my response, sent out via social media: A followup comment from the original questioner… “I’ve tried this in the past but not been able to stick with…

Trading Process and Strategy

Traps Just Before RTH Open – 4

  Traps immediately before the open… we've discussed them a number of times over the last year. Here are some of the previous discussions, if you missed them: https://yourtradingcoach.com/trading-process-and-strategy/traps-just-before-rth-open/ https://yourtradingcoach.com/trading-process-and-strategy/traps-just-before-rth-open-2/ https://yourtradingcoach.com/trading-process-and-strategy/traps-just-before-rth-open-3/   And you'll probably find a few more examples if you scroll back through the social media feeds. The thing is though – the…

Trading Business

The Good, The Bad and The Ugly!

  Here is another way to track and review trades… with a classification system that makes it a little bit of fun! During your post-session review you classify them into one of three categories: The Good – Trade ideas which DID have edge and were well managed. The Bad – Trade ideas which DID have…

Trading Business

Review and Improve

  You might like to consider your review process as the vehicle which drives your trading business to its ultimate destination. Whether that destination is ongoing improvement and eventual success… or continued mediocrity, frustration and failure… is completely up to you. If you've got nothing in place, here is a simple process to get you…