I am often asked, just how much money does a day trader need to successfully day trade futures? Most people are usually surprised or confused when I tell them my take on this often asked question by new traders that are coming into the trading arena.  Anyone that asks me about which markets are best for
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Recently I seem to be getting the same question often, and while I have heard it previously from time to time over the years, it seems the question is coming more often in recent weeks. Â I am not sure why, but I can only assume that it must be a hot topic on some forum
Many day traders have the wrong idea about price action trading, and actually confuse price pattern trading with price action trading. Make sure that you do not confuse price action patterns with price action trading, because they are not one and the same thing. Now that we have made this statement, you might be wondering
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If you have been trading for very long or even if you are just a student of the markets wanting to learn more about them, then you have likely heard the phrase market geometry at some point previously. Today we ask the question: Is market geometry real, and does it affect price action? In my
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There are many small tips and tricks that a day trader can use to filter their trade entries, but one that is often overlooked by traders is the signal bar. This article is going to explain how to use the signal bar to filter price action trades. First, we like to use Japanese candlesticks for
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One of the main reasons most traders lose money when day trading is because they are constantly trading against the trend, or counter trend trading. Â You have probably heard it many times, that the trend is your friend, but what does this really mean? Â Today we are going to discuss how to reliably predict trend
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All price charts, regardless of market, speak a language all their own. If you have been trading for any length of time, you have likely heard people talk about price action trading, but did you know that you can actually learn the language of charts with price action trading? That’s right, you can learn to
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Today we are going to discuss how price action reacts in congestion. Congestion is a tricky thing, but when trying to understand congestion, a trader mus think trading range, and apply our trading range rules as we teach them in our price action trading manual. If you haven’t already read any of our articles on
For some reason, many traders tend to get tripped up when they study our techniques on second entries using our price action day trading strategies. While they are very simple in concept, second entries are very hard to describe and put into words. Because they are difficult to describe, many people can’t seem to grasp
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The more I teach new traders, the more I find out that they don’t always follow the rules exactly like we teach them. Before I say anything else, let me clarify that we have already experimented and tested our strategies very extensively. So much testing that we have it perfected and down to a science,
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