In this video we show you how to connect a brokerage to your account. We also talk about rating your favorite brokerage and participating in our upcoming Broker Awards. 🏆 When you connect a brokerage you can trade, invest, and follow markets with advanced tools built directly into our platform. To get started, find and click the Trading Panel button at the...
Looked for a bounce intraday as the Dow, Russell 2000, Nasdaq 100, and S&P 500 came into their respective support levels. Got a good entry on 4 contracts and ended up stopping myself out basically flat. The market then started moving without me --- I "revenge traded", chased it, and immediately stopped myself out for a $25 loss after realizing I had no plan for...
In this quick Video Tutorial I discuss a simple and repeatable method to frame your charts with Support & Resistance Zones. This particular method holds for Futures and Forex Day Traders. This is an easy but critical skill for all traders to stop you from selling into support and buying into resistance. Later in the video I use an example of a trade setup...
The Bull Market is strong, the end of 2020 saw many growth names pull in or consolidate which gives a better reward to risk entry. This video is my watchlist. Most of these names are at or near all time highs or multi year highs. There are 34 total stocks on this list. Many of these have IPO'd in the last few years and still have a growth story ahead of them....
Price is approaching our first support in line with our ascending trend line where we could see a bounce above this level. Ichimoku cloud is showing signs of bullish pressure as well in line with our bullish bias.
I love the new Signpost tool that was released this week... i was all set to put in a feature suggestion when I realized I could already do it: make the signpost go DOWN as well as up! I am a stickler for documenting your trades - EVERY single trade: the winners but ESPECIALLY the losers - so you can learn, reinforce, and EMBED your trading system into your...
I've had a lot of people reach out to me about trading BITFINEX:XRPUSD following its run up. There have been a lot of questions about leverage. You don't get to win FOMOing on leverage!
In this video I show my theory on what's probably happening with BTCUSD. It appears that Bitcoin is being used to hedge against the US Dollar crashing. $22,000 is certain in sight and who knows it could get to $30,000 sooner than anyone might imagine. I still think that BTC is too volatile for my liking and therefore I've stayed out. I've been happy to avoid...
No. You'll see it. There is no need to start loading up on AMEX:SPY Puts every time the market has a down day. The market will reveal itself with price action if your are patient and contrarian. There will be opportunity to profit from a real bear market move with lower risk and higher probability than trying to catch the top. Corrections and crashes only...
There are two things you have to master to create the best chart art: 1. The drawing tools available to you 2. Your chart settings In this video, we show you how to create a blank canvas for chart art, infographics, and custom visuals. The first step to getting started is understanding how you can turn your chart into a blank canvas. Open your chart...
There are plenty of opportunities to benefit from your "SUPER BULLISH" case on whatever the stock is... but day one being it has a horrible track record. IPOs are not done to make YOU wealthy!!! Including today's NASDAQ:ABNB My video is not all FUD. I show a simple way to play them with a better chance...
BINANCE:ETHBTC Like & Comment. Thank you. Ethereum is about to approach a critical juncture which can provide trading opportunities for both LONG & SHORT traders with it's reaction to the S/R zone between 0.033033sats & 0.034332sats. Short & Long positions provide a RR of 3+ when targeting most recently levels of support & resistance.
Lets see if this set up works as we anticipated.
Risk management in forex, or any other trading, shouldn't be complex, rather it should be simple enough even for a kid to follow. Our Risk Management approach comes down to 3 basic points, 1. Structured position sizing ( manage your exposure! ) 2. A definite exit area ( always have a stop loss! ) 3. Follow point 1 & 2 like a religion! Hope this helps and good luck!
"Be fearful when others are greedy" - Warren Buffet. More applicable now than ever ! I've looked at the put/ call ratio as well as VIX which reflect extreme greed and a broken market. This type of euphoria that "stocks can never go down" is only a belief of dumb money and a strong indication of a top.
Quick Video Tutorial on how to use the TradingView Fibonacci Extension tool to measure Risk to Reward and even manage trades. Also how to combine the Fibonacci Retracement tool with Stochastics to measure pullbacks during a trend.
Hello everyone: In this educational video, I will discuss how I utilize multi-time analysis in my trading. -What multi-time frame analysis does is to help us to get more clarity on what the overall market is doing from a top down approach. -Analysis should always start on the higher time frames such as Monthly/Weekly/Daily. -Then, drop down to the lower...
Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil