The Parabolic SAR (Stop And Reverse) is the brainchild of J. Welles Wilder who also invented the RSI indicator. It is a versatile trading indicator with unique properties. In this trading guide, you’ll learn how the Parabolic SAR through several trading strategies. Guide Overview Introduction to Parabolic SAR How To Calculate The Intuition Behind Parabolic […]
How To Exit Your Momentum Trades With Trend Line Channels
How many times have you caught a powerful burst of market momentum in your trades? Did you hesitate to grab your profits? How often did you end up giving back a huge chunk of your paper profits to the market? Profit-taking is critical for momentum traders. Momentum does not last long. Not grabbing your profits […]
How To Limit Risk and Take Profit for Pullback Trading Strategies
Pullback trading is a common trading strategy. New traders like it for its simplicity. And seasoned traders appreciate the value of staying with the trend. But entering the market on a pullback is just the first step. You will also need to carefully consider how to limit your risk and secure your profits. To do […]
The Logical Trader’s Guide To Setting Stop-Losses
A stop-loss order limits the risk of a trade. It is the best friend of a trader who wants to survive and realise his long-term potential profits. Most traders find comfort in having stop-losses to protect them. But often, they do not give much thought to how they set their stop-losses. To truly realise the […]
How to Enter the Market as a Price Action Trader
Imagine that the market just formed a bullish two-bar reversal at a support area. Your assessment of the market is bullish. You decide to enter the market. You click on your trading platform to enter the market with a __________ . a. Market order b. Stop order c. Limit order d. Is there a difference? […]
10 Ways For Traders to Take Profit
Taking profit is one of the most neglected topic among traders. The typical learning cycle goes this way. Trader thinks that the trade entry is all that matters. Trader depletes his trading capital and realised that he has overlooked stop-losses. Time to focus on stop-losses. Trader feels frustrated when he sees his paper profits vanish again and again. Only then, he realises […]
