You can learn a lot of things from trading books and videos. But solid price action trading skill might not be one of them. In the perfect world, you can read about how to trade with price action and start trading like a pro. But the truth is that most traders struggle to master price action trading. […]
Archives for 2016
A Plain and Simple Trend Line Channel Trading Strategy
Trend line channel – a simple tool based on plain ol’ price action. Basically, it’s a pair of lines that highlights the market trend, trade entry, and exit. What more can a minimalist trader ask for? Or should I say what less can a minimalist trader seek? Before you can trade with a trend line […]
7 Zen Quotes for the Consistent Trader
Zen Buddhism is not something that can be written down. Zen is not an idea you can grasp by reading a few books, or many books for that matter. The true nature of consistent trading is the same. Writing and talking about trading cannot fully express what a consistent trader experiences. Reading and listening to seasoned […]
What Is The Best Price Action Trading Time Frame?
Every day, I get questions from people looking to trade better. A common question is what is the best time frame for price action trading. Some of them are looking for a magical time frame that will bring them profits. Others are looking for a starting point to tinker with. And it’s no wonder. A time […]
9 Tips to Improve Your Trading Willpower
Do you have a trading plan? How many times did you break your trading rules? How much did your lack of self-control cost you? How many times have you asked yourself: Why did I not follow my trading plan? If I did, I would not have ruined my trading account. Why can’t I control myself […]
Why New Traders Should Start With Price Action Trading (And Not Indicators)
Active trading doesn’t have to start with learning complicated formulas of technical indicators. For a new trader trying to understand the market, price action trading is a superior choice. You won’t hear this from experienced traders who are using indicators. But this is not because they want to mislead you. It’s just that they’ve been […]
