As an equities trader, you can make money on intermediate-term and swing trades by using an online broker. But, if you’re an active trader, and you trade more than two or three times a day, or you’re a scalper, and jump in and...

I would not set out on a hike in unmarked and unfamiliar territory without a compass and a map because without those tools I might become lost. Neither do I trade without strategic trading rules–because without them I AM...

Imagine that you are on a turkey shoot. You hear a wild turkey calling in the woods, then spot his tail moving behind a fallen log. You bring down your rifle and focus on an area along the top of the log. You are ready to fire...

Picking tops and bottoms can be risky, but understanding concepts like Wyckoff’s springs and upthrusts allow you to identify low-risk, high-reward trade setups based on false breakouts. Before the rudiments of technical analysis...

Is price acting in accord with your game plan? When price is behaving as you expect, step up to the plate quickly and become more aggressive. There is a lot of noise on the tape, so do not watch so closely that you miss the...

Ninety-nine percent of this game is fifty percent mental. – Yogi Berra Every time I take a sizable drawdown, I ask “Why?”. Reasons vary, but there is one mistake I am prone to make again and again. Plunging...

Buying Bottoms How does the perfect bottom form? Here’s what to look for: 1) Selling Climax – After a prolonged downtrend, downside price movement accelerates and volume expands significantly. Daily spread from high...

Keltner Channels, when combined with oscillators and other technicals to identify cycle tops and bottoms, are an excellent analytical trading tool to determine support and resistance levels in trending markets either in the...