Top 4 mistakes with Chart Patterns #2 Failure to wait!

Chart patterns are a popular tool. They have been around for over 100 years and many traders know them. A big challenge: Many traders don’t trust them! I have found that learning chart patterns is not very difficult.  A lot of people have spent hours reading books or using tools like our Chart Pattern Flash Cards to […]

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Top 4 Mistakes Traders Make When Trading Chart Patterns – #1

Chart patterns are a great addition to the trader’s toolbox.  They help increase a trader’s insight into trading sentiment and ultimately give indications as to the next likely move. Unlike some of the newer techniques and gimmicks in the world of trading, chart patterns are a time-tested trading technique that has proven to be a solid, […]

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The Good, The Bad, and the Ugly Truth about Options

Most active traders have heard fantastic tales of how such and such trader used stock options and made 300% or more in just 2 weeks. These stories are common among option traders. However, just as common are the stories about people who bought a stock option and lost everything… The result is a fairly divided set of […]

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How Options Can Lose Money, Even When You’re Right!

Have you ever bought options, watched the stock do exactly what you expected, and gone back to sell only to discover it is now worthless? Option pricing can be a bit complicated and as a result, can sometimes leave traders feeling a bit sucker punched by the fact they just lost money on a trade they […]

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How to Trade When the Market is “Stuck”

In this blog we’re going to talk about how to trade when the market is stuck. Every one of us has experienced that dreaded moment when we buy a stock expecting a big bullish run, only to find a few weeks later the stock is still at roughly the same price it was when we purchased […]

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Supercharge Your Trades Selling Options

Opinions can be quite polarizing, particularly in the world of trading. When it comes to options, there are those who believe options should be traded and those who believe they should not. It’s just the way things are! For the most part, option traders are convinced that options provide the best opportunity to make a large […]

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Lower Your Risk with Stock Options

Stock options are a great tool for many outcomes. We can use them to get better leverage on a trade, create more consistent profits, bring in cash during a stagnant market, hedge positions – the list of uses can go on and on. Let’s Look At SPYIt’s easy to look at a trade like this SPY […]

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Four Option Trades You Can Master

When most people think about stock options they immediately think one word: Complicated …Then the next word they tend to think is “risky.” In this blog I’ll show you four option trades you can master. There is truth to the idea that stock options can be complicated and when things get more complicated they tend to become a […]

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How To Use Candlestick Patterns for Day Trading

One of the most frequent questions I get regarding candlestick patterns is how to apply them to the day trading scenario. You have probably noticed by now, that many of the candlestick reversal patterns include a small gap somewhere in the pattern. This is fine on a daily chart, but when you are day trading, there […]

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How to Interpret the Tweezer Candlestick Pattern

There seems to be a lot of confusion surrounding the Tweezer Candlestick Pattern so I thought it would be appropriate to write a post all about tweezer patterns.Tweezer Candlestick PatternThe tweezer candlestick pattern can be one of the most powerful predictive patterns that we see showing up on the chart. In my personal experience, I […]

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