When you see the market picking up velocity towards one direction, that’s price momentum. Spotting such momentum is a great skill regardless of your trading style. Equipped with this ability, you can react nimbly with a higher chance of staying on the right side of the market. There are many ways to judge momentum. For […]
3 Epiphanies Of Resilient Traders
Most people who try trading find it to be a demanding activity. It’s not surprising as trading presents unique challenges to our default thinking patterns. Overcoming these hurdles requires us to go against our many preconceptions and instincts. Hence, mindset shifts are critical to becoming a resilient trader who can stay in the game long […]
10 Tips for Part-Time Day Traders
Day trading is not always a full-time affair. You might have other commitments during the day or want a taste of intraday trading before venturing into it full-time. In either case, being a part-time day trader is a feasible option. However, a part-time day trader has unique concerns that are different from a full-time trader. […]
How to Keep Trading Records as a Discretionary Price Action Trader
Most traders agree that trading records and journals are essential to improving performance and boosting profits. However, things get fuzzy when it comes to the specific pieces of trading information to record and how to do it. In this guide, you’ll learn exactly how to keep trading records that are beneficial to you as a […]
Day Trading Setup Evaluation Cycle
Evaluating trading setups in real-time is a fast and almost subconscious process for day traders. Hence, day traders must focus on post-trade evaluation to boost their day trading performance. This is the only way to identify broader patterns and trends in our trade data to improve our trading plan. However, day traders often neglect to […]
6 Effective Ways to Learn Day Trading
Day trading has shallow barriers to entry. Anyone can start to learn day trading. But the overlooked question is: Are you learning effectively? As the psychologist Kurt Lewin pointed out: Learning is more effective when it is an active rather than a passive process. This concise guide will show you six ways to build your […]
