Trading has evolved a lot the last several decades. One of the biggest changes since the turn of the millennia was the accessibility of the stock market for retail traders. Today almost anyone can open a trading account. We have also seen tools that used to be just available for institutional traders become accessible by …
Read moreWhy Right Now Is the Best Time in History To Learn Trading
Today we’re going to talk about the scariest phase of them all: The run-down phase. Also known as a bear market. We haven’t seen a bear market for around a decade. But there is likely one coming over the next couple years. Now is the time to study and prepare. The best traders actually make …
Let’s talk about the phase we are currently in at the moment: The distribution phase. This phase is characterized by some periods of volatility, but primarily is a period of consolidation. Control of the market begins to shift from buyers to the sellers, as traders and institutions begin to take their profits from the run-up …
Read moreThe Distribution Phase: Mastering Market Cycles Day 3
Yesterday we talked about the accumulation phase, a period of consolidation in the markets. Today we are going to talk about a trending phase: The run-up phase. This is the best phase for new traders to make money if they learn and master the correct setups. Today we are going to talk about all of …
One of best parts about trading for a living is that you can do it from anywhere in the world. For profitable trading on the road, you need to treat trading like a job. This is not a vacation but a lifestyle so you need to be able to make money while you’re away. You need …
Every trader goes through winning streaks and periods of drawdown. No matter if you are trading with a million dollars or a thousand, every trader will go through both of these periods every trading year. Most losing traders struggle to be profitable not because of lack of winning trades. They lose because they let their …