If you're new to trading, the learning curve can feel overwhelming. Striking that fine balance on your positions can be demanding, sometimes an insurance policy can save you a costly loss— that’s where a stop-loss order can save your investment.
As usual, the financial media is lambasting millennials, but this time, they’re mad that millennials are finally dipping their toes into the stock market. Mobile broker Robinhood is usually their tool of choice.
We’ve heard from a lot of our traders that the 6-Candle rule has completely transformed their trading and given them more confidence in their decisions. This rule will take some discipline to implement, but it can be a total game changer in your trade management.
The market profile isn't just another tool to help establish levels. It also helps you from falling out of sync with your market which causes the wrong trades to be taken or mis-timing of trades and mis-management of expectations.
Many traders tend to exhaust themselves, disproportionately focusing on their outcomes. Here's why traders should focus more on what they can control, the process, and less on what they can’t control, the outcome.