Trading the News Trading the News: Do you trade the news?  Some technical traders ignore the news, but understanding when it gets one-sided can offer extraordinary trading, especially for those who know how to read the markets. A One-Sided Market Early last Wednesday morning, January 20th, news outlets like CNN were talking gloom and doom before the US markets opened.  The … [Read more...]

The Authentic Key to Trading Psychology The trading mental game escapes many traders because they don’t know the authentic key to trading psychology.  In a word, it’s mindfulness.  You have probably heard about mindfulness.  It’s a mental skill that is of particular value to traders. Over last decade, science is showing mindfulness to be beneficial to both physical … [Read more...]

Trade the Market Bar-by-Bar Being able to tade the market bar-by-bar can add exceptional value to the trader, even if that trader uses indicators like moving averages, MACD, and the like. With some study and practice, price action can help the trader determine the likely next move of the market.  Let’s look at the recent price action in the S&P e-mini futures (ES) that led … [Read more...]

Trading on the Right Track Is your trading on the right track?  Do you know the signs to look for to show you it is on the right track? We’re always thinking about where traders go wrong, the mistakes mistakes we make, and other negatives. That’s human nature. But it’s also important to remember to pat yourself on the back once in a while when things are going well. In this … [Read more...]

One of the most basic of human instincts is to avoid pain and to seek comfort.  This makes sense.  No one wants to experience pain; we prefer pleasure and comfort.  In trading, however, pursuing what’s comfortable is frequently not a good idea. Trading for Comfort There are many examples of trading decisions that are made for comfort but turn out to be the incorrect play.  … [Read more...]