This category consist of price action trading related blog posts.
Learning something new can be overwhelming. You can easily lose interest or motivation if your lacking the necessary tools or platforms to keep you learning and practicing. There are many ways to learn how to trade. Trying to use all the resources out there can be challenging. Using every learning resource will only keep you …
7 best ways to learn how to trade the stock/forex/futures market. Read More »
WHY USE TRADINGVIEW? Imagine yourself in a car race with a winning prize of $1,000,000. The race involves only 2 persons, yourself and your opponent. The both of you are to race on a straight track of 1000meters. You are given a Honda CRX, which is a slow car. Your opponent is given a Veyron …
How to setup and use Tradingview to analyze your trades and investments explained simply Read More »
Imagine two farmers; they both have large farmlands of equal square miles to farm on. Their both farmlands are filled up with wild grasses and weeds which they must clear so that they can plant on their respective farm lands when the planting season comes. One farmer hires a bulldozer that clears the land easier, …
8 reasons you need to start using Tradingview to make money trading online. Read More »
You can’t trade support and resistance successfully if you don’t know how to draw them. You first need to learn how to draw support and resistance levels correctly before you should be thinking of trading it. A lot of new traders find it difficult to draw these levels. They make the mistake of drawing lines …
3 precise steps you need to draw accurate support and resistance levels. Read More »
If you have a good understanding of how support and resistance works, your trading results will become excellent. A trader cannot be successful without support and resistance, whether you trade currencies, stocks, commodities or any other financial instrument. Support and resistance trading is a strategy that is been implemented by millions of traders all over …
What is support and resistance and its challenges in the forex and futures market. Read More »
Trade like a casino. A guy named Tom was having a winning streak on a gaming table in a casino. His friend advised him you have benefited enough from your initial bet ($50,000), please collect your winnings, let’s leave. Tom refused, he wanted to stake more. The energy was high around the table, the drinks, …
Top 5 reasons you are loosing to the market makers. Read More »
Making mistakes that is how you grow. What are you currently good at? Are you a good swimmer? Are you good at acting or singing? Are you a good footballer? Are you a good reader? Are you good in managing money? Think of how good you are in something and think back on how you …
Risk is everywhere. When you drive to work every morning or you take a flight or you take a bus to a certain destination. There is this risk of mechanical failure. A house can be destroyed by natural disaster. A business can collapse. But we can manage them by taking precautionary measures. These risks can …
Risk management: How to perform position sizing in forex and futures market Read More »
“As to methods, there may be a million, but principles are few. The man who grasps principles can successfully select his own methods. The man who tries methods, ignoring principles, is sure to have trouble.” RALPH WALDO EMERSON, POET AND ESSAYIST I used to trade only on the 1 hour and 4 hour time frame. …
Does price action trading work on the minutes timeframe. Read More »
A good price action trader is like someone who is good with the sniper. It was already a bad day. Fred’s business partner was unable to deliver. His supplies were delayed by the shipping company. There ship was experiencing some technical casualties. His phone rang by 9:00pm He starred at his phone. It was an …
