High Win Rate
New traders who are fixed on "winning" are wondering along an endless path; there is no future in trying to develop a strategy that does not lose.
Trading - is about managing risk and not about "winning" - once a trader begins down this path it takes traders towards a promising future.
Day Done
Should you use a Day Done goal? Why or why not?
Check out this post on Day Done goals to see where you could adjust
Why Trade Futures - Introduction
Why trade futures...? The approach to reading price, managing risk, and taking the trade is really no different than trading options or stocks; trading is trading and futures have a lot of benefits for day traders.
Read some of these benefits here
Quadrant Lines & Custom Fibs
When it comes to price action and price analysis - we can apply a simple but powerful metric - the "Half Back" ... and if there is a breakout of the range we can identify the liquidity zones using the One Eleven measurement.
Read this blog-post for the techniques we use at the OEC. What can you measure?
Average Daily Range
The Average Daily Range (ADR) was developed for traders to understand what a "typical" market move looks like and compare that with the moves we are getting today.
In this post I explain what the ADR is - and offer suggestions for ways to get familiar with it's signals.
Intraday Trading
Recognize the type of trading day early enough to take advantage of it!
In this lesson we will examine the 6 types of trading days and tie it into the Steps for the Morning Briefing blog post.
Market Concepts Part I
The Market Concepts post is an ever expanding article that lists market phrases and acronyms common to the OEC blog posts and things that traders talk about.
Consider it a living "Market Dictionary" that is getting built out as time goes by.
Economic Events
As discussed in the Morning Briefing blog post - there are a lot of places where we can get the data for today. Here is a list of some free resources and a discussion on some of the events we get each month, quarter, and year.
Keep in mind - these are not the only resources for this material - so always be looking for a new data source!
Morning Briefing
The Morning Briefing is a 30 to 40 minute live stream every morning to teach traders how to prepare for the trading day.
I go through the same steps each day - showing consistently how we can prepare for the day with an organized approach. This blog post is a write-up of the steps we want to take - and offers links that you can use for your own morning routine.
Day Trading Futures
In this introduction to day trading futures - we focus on controlling the risk. If you can control the risk - everything else will follow.
Continue reading to begin controlling your risk!
Weekly Expected Move
What is the Expected Move - and what is the indicator for plotting the Weekly Expected Move?
Read this post to get caught up, get the share link and join the discussion!
CTICK
Market Breadth gives us a glimpse into the broader market participants; how bullish or how bearish is the market today? Is "Everything falling" ... is "everything running?"
TICK is one of the more popular intraday breadth tools - and one of the older tools that is still widely utilized by traders today. Read this post to understand more about the TICK and other breadth tools out there.
TICK
Market Breadth gives us a glimpse into the broader market participants; how bullish or how bearish is the market today? Is "Everything falling" ... is "everything running?"
TICK is one of the more popular intraday breadth tools - and one of the older tools that is still widely utilized by traders today. Read this post to understand more about the TICK and other breadth tools out there.
Day Trading Indicators
Indicators are great for analyzing the markets and developing a bias about the market today; however, I do not use indicators to provide a trading trigger.
Read more about indicators for day trading to adjust or understand ways you can improve your day trading approach.