What The Price Action Is Telling Us...

Mack

Stocks are out of favor with the public and the economy has nothing but bad news on most days with an unemployment rate that favors a deep recession rather than a booming

How Long Does It Take To Learn...

Mack

One of the biggest issues I see with new traders is an inability to be patient while navigating the day trading learning curve.  Most think that they can study our price action

Price Action Trading Rules Warn Against Counter...

Mack

We are often asked why we take counter trend trades when our price action trading rules warn against counter trend trading.  While this answer is fairly straight forward, we think it will

Use Automated Strategies With Your Price Action...

Mack

In this post we are going to discuss how we set up our trades to manage themselves automatically with the use of automated strategies and why you should use automated strategies with

Is The Market Open Important To Price...

Mack

If you have studied the price action tendencies at the open of any market for a consistent period of time, you should be well aware of the fact that there is a

How I Evaluate My Price Action Trading...

Mack

My goal today is to show you how I evaluate my price action trading chart at the start of each trading day.  This is a very important step and many price action

How Does Price Action Trading Relate To...

Mack

If you are even slightly interested in day trading or investing, then it is almost certain that you have heard the term “buy low and sell high,” but what does this really

Is Electronic Day Trading Becoming Too Risky

Mack

It happened again on Wednesday when an automated stock trading algorithm flooded the market with millions of trades instantaneously, creating some large and exaggerated moves in several stocks, and thus also affecting

Is Market Sentiment More Important Than The...

Mack

Is market sentiment more important than the price action, or is price action king?  We have studied and pondered this quite a bit ourselves, and we think the answer might surprise you,

Can You Use Price Action To Successfully...

Mack

There are many styles to trading, and we believe that each trader’s style of trading should be based on their own personality, which will be dominated by the emotional and mental aspects