Don’t Spec ErrorsWhy Stops Become Limit Orders on CME Globex & ICEStops that Make Sense: Part Two

Structuring Our Trading Account

This concept involves structuring, or carving, our account into capital segments so we can better manage our risk and gauge the effectiveness of our trading. While there is no one “right” way to accomplish this task, the mere understanding and implementation of this process is important. There are several ways we can structure our trading… Read More.

Determining the Initial Stop Exit Plan

Determining the Initial Stop Exit Plan

Determining the “initial stop exit plan” is a very important part of your overall trading strategy. However, it is only that – another small piece in your method of trading. While there are countless ways to approach placing initial stops, we’ll discuss some basic ideas that may help you form your “initial stop exit plan”…. Read More.

A Simple Effective Indicator: Mind the Gap

A Simple Effective Indicator: Mind the Gap

Traders are always searching for new tools for analyzing markets. Often times, they believe that the more complicated or exotic the indicator, the better it will work. Technical trading can take years to master. New traders can get scared away once they hear terms like “head and shoulders”, “stochastics”, “Elliot Wave”, and “Fibonacci retracement”. While… Read More.