The trend line is one of the most powerful tools for technical traders. If you are not already drawing trend lines, you have an excellent opportunity to add value to your market analysis with this simple tool. But first, what makes a trend line effective? The effectiveness of the deceptively simple trend line comes from […]
5 Ways To Find Support and Resistance With Price Action and Volume
Want to improve your trading performance? Reliable trading tactics start with finding reliable support and resistance. These critical zones map out the areas where supply overwhelm demand and vice versa. Hence, they are valuable for spotting new trades and for taking profits. Finding reliable support and resistance is a crucial ability of a professional trader. […]
65 Resources for Learning How to Trade for a Living
Trading for a living is one of the loftiest goals of anyone who enjoys analyzing the markets. For someone who likes to study the markets, there’s nothing better than being able to trade for a living. Your trading education plays a big part in shaping your success. Will you be a thriving trader living off […]
7 Counterintuitive Trading Tips From Top Traders
Many successful professionals from other fields struggle when they try to trade for a living. One big reason is that trading has several crucial aspects that run against our intuition. Here, you’ll find seven trading tips that explain these aspects and help to improve our odds in this worthy challenge. If you pay attention to […]
Template for a Simple Day Trading Strategy
Many new traders gravitate towards a simple day trading strategy because they want easy solutions to the market puzzle. But as they gain experience, they realize that simple strategies are rarely profitable out-of-the-box. Yet, most traders still look for simple trading strategies. Why? Why do traders love simple trading strategies? First, it is easy to […]
Support And Resistance: A Complete Price Action Trading Guide
The concept of support and resistance is a cornerstone of price action trading. A huge part of price action trading pertains to analyzing support and resistance levels of different degrees. The aim is to integrate them to form your market opinion and execute your trades. In this guide, you’ll learn everything you want to know […]
