Tag Archives for " Trader Conditioning "
Foundations of Trading: A Trader’s Journey [Part 11]
Today we are going to cover the contents of FoT level 3 class 1: the effective trading loop. And we are back with part 11 of our Foundations of Trading blog series. As always, if you wish to review our previous blogs covering the Foundations of Trading classes, please click on the Foundations of Trading […]
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Top 4 Mistakes when Trading Chart Patterns #4
Chart patterns are one of the best tools technical traders have for anticipating market sentiment shifts. However, as great as they are, chart patterns are often misunderstood and misinterpreted. Over the past three weeks, we have been sharing the top four mistakes traders make with chart patterns, mistakes which often lead people to think they […]
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Top 4 Mistakes When Trading Chart Patterns #3
One of the big challenges when trading chart patterns is the tendency to have ambiguous rules for what qualifies as a pattern. It would be nice if we could sit here and tell you, “a double top pattern always takes four weeks to develop, it has a 3% retracement between point A and point B, […]
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Top 4 Mistakes When Trading Chart Patterns #2
One of the top mistake traders can make is the failure to wait for confirmation. Waiting for a confirmation is one of the most effective way to increase the consistency and the profitability of trading chart patterns. After all, a chart pattern itself is a setup, and just because something sets up it does not […]
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Top 4 Mistakes When Trading Chart Patterns #1
Chart patterns are a great addition to every 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 […]
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Cash Flow Trader Blog: Trading Plans
Ever since the marketplace was first created, investors have been trying to crack the code and discover the secret to making money via trading, which is not the easiest thing to do. After all, the market is a place of endless opportunities, choices, and potential outcomes. Even for the most experienced and diligent traders, there […]
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Cash Flow Trader Blog: Whipsaws in Trading
I do not know who originally named that dreaded phenomenon of getting into a trade only to watch it leave you behind in the rearview mirror but, they are genius. The imagery of a bullwhip violently ripping the anticipated profit from your hands while your equity curve gets sawed to shreds. Yes, whipsaw is the […]
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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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Cash Flow Trader Blog: Three Technical Tools to Master
There are three primary skills you should strive to master when it comes to picking winning stocks:1. Chart Patterns2. Candlestick Patterns3. IndicatorsAs you advance in your training and knowledge, you will find other tools like Fibonacci Analysis that further support your forecasting; however, chart patterns, candlestick patterns, and indicators are your foundation.Chart patterns give you […]
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Cash Flow Trader Blog: Three Ways a Trading Plan Can Improve Your Trading
A trading plan is your compass as they help you navigate the world of candlestick charts and provide guidance on any potential trade. They are an essential topic around Tradesmart, and we strongly recommend all traders use one. And to back up that recommendation, here are three ways in which we believe a trading plan […]
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