Learning to recognize key turning points in markets is one of the most important lessons any trader can learn, according to Dan Zanger, the world record stock trader and author of the Zanger Report newsletter.
The #1 reason traders fail is due to lack of experience. The best way to speed up your learning curve is to keep meticulous records using a trading journal.
Words of wisdom from the mythical market timer behind Gann angles and the Square of 9.
The Market Internals are similar to the instrument cluster on your car, without them you really don’t know which direction you are headed or how fast you’re moving.
Two terms you hear a lot about are support and resistance. Basically, they are points on a chart where the probabilities favor at least a temporary halt in the prevailing trend.