How to Profit with Index Options: 5 Steps to Winning TradesJames B. Bittman
had you taken these two pin bars, if you let recency bias “get you”, there was a VERY slim chance you were taking the last pin bar to the right on the chart; which has ended up working quite nicely as of this writing. This is proof of why you need to continue taking trades tha...
Take one setup at a time. It’s best not to be called as someone who’s the jack of all trades or like a soldier who’s manning a machine gun shooting at everything. Instead, be more like a sniper, calmly waiting for his target and shooting with high accuracy. As Bruce Lee puts ...
You should aim tobecome a master of your chosen trading setup, own it, make it yours. Only after mastering your chosen trade setup and achieving great success over a larger series of trades should you move on to mastering another additional price action signal/price action pattern. You must ...
You become responsible for the losing trades, and of course, for the winning trades. Once you choose to execute that trade, there are no gurus, no TV new channels, no signal services, no husbands or wives, and no trading systems that can take responsibility. That now lies in your hands...
How to Place a Trade on MT4 PC Once you have opened MetaTrader 4 for Windows and logged into your account, you can now start exploring the different features of MT4, viewing live price charts and placing trades. In order to open a price chart and place a trade, you will need to select...
Traders describe options by the relationship of the strike price to the price of the underlying stock in terms of “moneyness.” You may have heard of (or read) terms like “in the money,”“out of the money,” or “at the money.” ...
all you need to get started is to open an account with a futures broker and start trading the futures markets on a platform your broker supports. The trading platform is the application software you run on your computer or mobile device to place the trades.For example, Optimus Futures is a...
Day trading is not for the faint of heart. A winning strategy may involve executing many trades in one day while avoiding the trap of overtrading and running up huge commissions. Day trading can be fun as well as profitable—if youlearn the ropesand set realistic goals. If you are interest...
1.DIY investing: If you grasp how stocks work and have the confidence to head out with minimal guidance into the market, managing the trades yourself is one option. Even DIY, there are more and less active approaches: Active: You use your brokerage account to access various investments, incl...