Ideas for Building Your Personal Trading Journal
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.
The Why and How of Machine Learning in Trading
Dr. Ernest P. Chan explains the pros and cons of machine learning as a technique for creating trading strategies, and why its time has finally arrived.
Capturing Trend Days
A trend day occurs when there is an expansion in the daily trading range and the open and close are near opposite extremes.
Ten Lessons I Have Learned in Working With Traders
When I sat down to write this article, I thought it would be challenging—but useful—to distill over 20 years of trading experience…
Introduction to Price Action Trading Strategies
Price action trading is a term that you frequently hear among traders currently. It is popular due to its minimalism and applicability across different markets and timeframes.
Using Volume to Make Better Trades
I wish I had a dollar for every time I’ve been asked what tools I use to trade. It would be easy money because my answer is always the same: chart patterns and volume.
Using Market Internals to Improve Your Trading
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.
Introduction to the Carry Trade
In this article we’ll cover a non-directional trading strategy that has been popular among banks and hedge funds, yet is lesser known among retail traders. The strategy most famously used the Japanese Yen in the mid 1990’s and again in 2004-2008. A drop in forex market volatility in 2019 is bringing the carry trade back …
Understanding Market Sentiment
In this article we’ll explore the meaning of market sentiment and how you can use it in your trading. Market sentiment reflects the mood of investors, showing whether they are optimistic or pessimistic – bullish or bearish. Sentiment analysis measures the psychology of the crowd of market participants. Emotion often drives markets and market sentiment …