Author: Erik Solomon

Today’s meeting and insight on the trading day yesterday brought a lot of ideas full circle for me. Pete mentioned that a lot of traders including myself were confused with the market yesterday especially during the...

One of the challenges to becoming a consistently profitable trader is developing the mindset and understanding of how and why a consistently profitable trader can repeat their success. One of the obstacles that stand in the way...

Today’s market action created an environment that could have blown up your p/l if you were not careful and expected more than what was available in the markets. My trading plan coming into the day was skewed to the long...

Today’s markets action provided some good opportunity during the morning trading, but as always you had to be ready and focus to take advantage. In has been tough trading from a market stand point as the indexes have not...

Day after day we as traders are in search of opportunity.  I have many conversations with traders who complain at the end of the day that this market is void of good trades.  They complain that there is only...

Today UAL created a great breakout opportunity if you were prepared for it. Looking how the trade sets up we can see the daily chart that order flow is clearly to the long side as price action is above all moving average. As we...

As many of you know trading can be a very frustrating occupation.  The market gives itself many opportunities to try our patience with our ideas.  I know from experience that the most...

Often times in our blog post we talk about trade ideas/scenarios, how they play out and how we can improve and continuously build on our skills. Being able to identify and take advantage of trade opportunities on a day by day...