To succeed as a trader, you need to achieve two things. First, find a trading edge. Second, survive long enough for your trading edge to prove itself. The second goal, the goal of survival, is known as risk management. As a trader, you need a trading edge. But you also need to survive through drawdowns […]
Archives for June 2017
How To Trade With Inside Days
The Inside Day is an important pattern for price action traders. Even if you do not intend to trade it, you need to understand its significance. Inside Days represent critical points that uncover useful clues about the market. What is an Inside Day? An Inside Day is a two-bar pattern. To identify an Inside Day, […]