Mastering Candlesticks: Inverted Hammer Candle

What is it?The Inverted Hammer candlestick is a subset of the spinning top candlestick pattern and looks exactly like the Shooting Star candlestick pattern which we reviewed last month.As with the Shooting Star, the Inverted Hammer has a very long upper wick or shadow, which is usually two to three times the size of the […]

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7 Essential Trading Tools You Must Have

As stock and options trading grows in popularity, it is easier now than ever before to become a trader. And we have a shortlist of seven essential trading tools you need to get started.Start with Education.Knowledge is one of the most important resources a trader needs. Understanding the foundational knowledge of the stock market, why […]

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A Deep Dive into Implied Volatility

Volatility may be one of the most overused words in trading, and when it comes to options, volatility just comes with the territory. However, without volatility measurements or even the ability to measure volatility, the options market would be a market without a heartbeat. And that heartbeat currently pumps its lifeblood to the tune of […]

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Interpreting Candlesticks

Candlesticks have risen in popularity and become an integral part of technical trading here in the west within the last fifteen years. The way you interpret candlesticks is one of the most important skills you can develop as a technical trader. In short, a candlestick is a graphical representation of a stock’s price action during […]

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The Rocky World of Volatility

As we approach the end of the 2020 calendar year, if there is one thing as traders, we have learned to deal with, it is volatility in the marketplace. Just in this year alone, we have experienced the most significant market crash and fastest rally in history. It is almost like volatility demanded its place […]

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Mastering Candlesticks: Shooting Star Candle

What is it?The Shooting Star candlestick is a particular type of spinning top candlestick pattern, and the physical attributes of this candlestick make it easy to spot in a candlestick chart.For starters, it has a very long upper wick or shadow, which is usually two to three times the size of the candlestick’s body formation. […]

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3 Quick Ways to Simplify Your Trading

Over the years, I have seen a trend develop with retail traders. When they begin trading, things are simplistic as they should be since everyone is just getting started. As learning and experience increase over time, complexity is a natural byproduct. Your trade setups become more complex, your strategies and systems become more complex, and […]

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Foundations: The End is Where We Begin Part 3

On April 23rd of 2020, I published my first Foundations of Stocks and Options blog Breaking Down a Stock Chart, which covered class 1 of FOSO Level 1. Since then, I have blogged my way through all twenty-four classes of the Foundations series and covered what I felt was the main takeaway from each class, […]

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Foundations: The Tools of the Trade

The Foundations of Stocks and Options class does an excellent job of bridging the gap between the uninformed novice to the informed student. As you travel across the bridge, you gain knowledge of the stock market, you gain an understanding of the tools which are available for you to use, and you gain a firm […]

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Mastering Candlesticks: High Wave Candle

What is it?The High Wave candlestick is a subcategory of the Spinning Top candlestick and just like the Spinning Top it is a clear sign of indecision in the marketplace. The body of a High Wave candle is can be either black (red) or white (green) in color and small in size. The small candle […]

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