7 Essential Trading Tools You Must Have

Stock and Option trading is exploding with popularity. Whether you want to make a little extra cash on the side or work towards a full-fledged retirement from your day job, it is easier than ever to become a trader. Below are seven essential trading tools you need to get started!1. Start with Education.​​​”An investment in […]

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The Importance of Setting Stops

Let me share with you a story and ask if it sounds familiar.The Phone CallLiz called me devastated one afternoon. “I think I’ve blown it for good this time. I don’t know what I’m doing. I should just quit trading. I’m destined to be a surgery nurse for the rest of my life.” I asked her […]

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How Do I Pick a Good Stock?

“How do I pick a good stock” is one of the biggest challenges facing beginning traders. It’s a bit of an innocent question, but it’s a revealing question as well! The question is revealing because it reflects the borderline hopelessness that so many traders feel. As a teacher, I’m always looking for the question within the […]

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The Secret to Predicting Stock Market Prices with Chart Patterns

Since the dawn of capitalism, people have been trying to find new ways to predict what is about to happen next. Some methods seem to work fairly well for a season, and then suddenly they appear just to stop working. Chart patterns are not one of these methods.Chart PatternsChart patterns are one of the few […]

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Trade for a Living

​Trade for a Living​Can you trade for a living? You know there’s a lot of false statics out there. Some people say that only 10% of traders make a profit; some say it’s more like one to two percent. So, what’s the reality? Well here’s the actual numbers from actual audited reports from the Brokers.It […]

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How to Confirm a Trade Setup

​In a recent class, we discussed how to confirm a trade setup. I would pick up on that for today’s blog and address some of the known challenges traders face in confirming their trades. To start, let’s point out the facts: no one wants to lose money on their trades and everyone wants ​their trades […]

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TradeSmart Top 150 Best Stocks to Trade

One of the questions which we hear all the time at TradeSmart is “How do I find a good stock to trade?” Currently there are around 3600 stocks which you could trade in the marketplace which translate to a ton of opportunity: opportunity to make a good trade and unfortunately, opportunity to make a bad […]

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A Winning Formula

Trading, if approached incorrectly, can turn into a bad dream for many traders. The outcome for traders should be to get paid and make consistent money, but strangely many traders forget about this outcome and turn to trading for other reasons.At times anyone can have a big winning trade or even a few, just as […]

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6 Ways to Survive a Bear Market

The U.S. stock market in 2016 came off to the worst January performance in the history of the stock market. On January 15th Market Watch reported that “U.S. stocks post worst 10-day start to a year in history”. That was before the market plunged another 500+ points just two sessions later. It was not just […]

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Dealing with Sideways Moves

One of the primary responsibilities of a trader is to forecast the future direction of a stock; of which, there are only three options: up, down and sideways. The majority of analysts feel as though they have not completed their forecasting responsibility unless they identify a future rise or fall. However, having a strong opinion […]

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