One of the biggest problems new traders or even unprofitable traders face each day is information overload. When you combine this information overload with the belief that indicators offer some type of
The first thing a trader must do each day before entering a trade is to determine the type of day it is and what is happening with the current price action in
I’m often sharing my thoughts on day trading, and since I concentrate on price action day trading, I’m certainly biased in my thinking about the most important steps to becoming a day
The average daily volume for the stock indexes continues to be extremely low, and this low volume continues to plague day trading efforts if you don’t understand how to properly read a
While we don’t suggest anyone start day trading without any knowledge of the markets, everyone has to start someplace. We actually get inquiries from people almost weekly asking about price action day
While most day traders have heard about price action trading, most don’t really understand the full meaning of the term. Many people think that price action trading involves watching for certain chart
There seems to be a lot of interest in price action day trading rooms or any type of day trading room where proven traders call the trades and everyone else tries to
We have talked about how markets are often correlated and how you can use one market to possibly help judge the direction of a different market in previous articles, but today we
Today’s electronic trading is dominated by what we now know as High Frequency Trading. We know this computerized order entry technique has changed the day trading landscape, but does high frequency trading
The markets have been very choppy and ranging quite a bit lately as they slowly move higher, but along with the choppy ranges have also been short bursts of price movement that