Use This Old Trader’s Trick To Spot Exits And Entries
Reading price charts can be tricky. Get it right and you find yourself profitable almost immediately. Get it wrong and you sweat when the market moves against you, sowing…
Intermediate Series: Trade and Position Management
Should You Double Down On A Trade?
To roll or not to roll, that is the question. I get this a lot in our room. Invariably, it is when an expiring position is not working out for…
Three Action Steps to Take During Market Panic
With all the fear in the markets as of late, how has your portfolio fared in relation to the overall market? And should you be concerned? Recently I’ve asked this…
Winning Trading Math And Football
You would think that nearly 13 years after the publishing of the now-famous book “Moneyball”, coaches would take some time to learn some basic math. Yes, I am from Chicago…
How To Profit From A Gap Trade
Hello, day trading enthusiasts! I hope this article finds you excited and eager about 2016! If it’s anything like 2015, I am expecting a lot of volatility, which is great…
4 Reasons To Take Your Profits And Run
In trading, I think there are two types. The first is those who simply invest for the long haul. They buy, hold, accumulate and work on creating the sizable next…
Trading: Evaluate Before You Pull The Trigger
Trading is not gambling or a game of chance. In order to become a profitable trader, to be successful at it you must approach trading almost as an exact science…
Score Big: Be Patient When Hunting For Trade Exits
“I am a great believer in luck, and I find the harder I work, the more I have of it.”-Thomas Jefferson Every now and then, it’s good to reflect on…
Always Exit Before Earnings
I made a classic mistake today and I didn’t even realize it until it was too late. I received an alert minutes after the bell alerting me that one of…
Jim Wyckoff Discusses Entry & Exit Strategies
I have received several email messages from my readers asking about how to best determine entry and exit strategies when trading markets. Here are just a few of their quotes:…
Combine TA Tools for Tight Stops and Targets
Before using any analytical trading tool or technique you should learn it inside out. Traders need to know exactly what they require from the tool or technique to make a…
Don’t Lose On Your Trade Because of Tight Stops
In trading, the three elements of a trade setup are the entry, stop and target. All three are equal in importance. PLACEMENT RULESA stop loss is merely transferring the risk…
