Market Internals 001 – Introduction
Market Internals are similar to the instrument cluster on your car, without them you really do not know the condition of the market environment or how fast you are moving.
Market Internals are similar to the instrument cluster on your car, without them you really do not know the condition of the market environment or how fast you are moving.
If you could only use one indicator, which one would you choose?
Find out what my favorite indicators are, as well as other traders are saying on the blog.
The number one way new traders fail is by counting the money that could be made on the trade when they should be focusing on how much they could lose on the trade.
To succeed you must be able to accept the risks and apply money management techniques such as stop loss orders, max daily loss limits, and account draw down rules.
We’ve all heard the saying…
“The trend is your friend until the end”
In this post I outline techniques for identifying the trend, getting in, and staying in until it fails.
As a trader, I’m sure you’ve been pressed with the question, what value do you add to society?
Over the years I have heard arguments for both sides ranging from “a trader provides liquidity, they transferring risk from farmers, to trading is a zero sum game.”
The trick to a designing a top notch trading office is creating a million dollar atmosphere, here’s how you can do just that!
Plus I share with you what my trading office looks like.
That’s right, to beat the market is simply impossible, no one can win 100% of the time. Just like in blackjack, no one can win every hand. However using the S&P 500 as your benchmark it is possible to produce significantly higher returns and outperform the market, here’s how.
This section is devoted to the things you wish you knew BEFORE you started trading, in hopes that other traders can benefit from your stories. I’ll share mine a bit later on!