Posts

Trading is a performance sport and mindset is a competitive advantage. To be a successful trader or athlete, technical skill is a requirement. But technical skill alone is not enough. In sport and trading, where split-second decisions and impulsive actions can make or break a career, mindset is what separates the good from the great. […]

Although it is a simple concept in theory, having your trading desk set up improperly can lead to struggles in producing the results you desire. What type of computer do you need? How many screens should you have? Does a stream deck improve execution? What items should you place on your screens? Where should items […]

Dear Traders, Although 2021 was very eventful and exciting, it also went by very fast. Reflecting back over the last 12 months, there are so many happenings to remember. A few that come readily to my mind include the Suez Canal blockage, Elon Musk hosting Saturday Night Live and being named TIME Person of the […]

There are two general types of traders: those who prefer to trade the ranges and those who prefer trends. Of course, there are two mindsets that correspond to these preferences: MisMatchers… natural skeptics who expect Reversals and Matchers… naturally ‘agreeable’ folks who expect continuation. In this webinar, Dr. Ried is going to elaborate on that […]

One of the most fundamental trading strategies is the breakout. In fact, many well-known trading setups are really, in essence, breakout strategies. They are especially attractive for novice traders because of how easy their patterns can be identified. At the same time, experienced traders will find that they can reap considerable profits by mastering more […]

Dear Traders, What a wild market we are in, thanks to the new Omicron variant of COVID-19 which is causing more lockdowns and restrictions in Europe and around the world. Apparently, our war with Covid is never going to end. All indexes are down, and IWM, as usual, is leading the weakness by dropping roughly […]

A couple of days ago a member sent me an email with a post that said, “a trader can’t force a trade any more than a surfer can force a wave to come together. Great surfers wait. They recognize patterns. When they see the perfect wave coming, they put themselves in the best possible position […]

Dear Traders, These are scary times in the stock market. Yesterday, Jerome Powell’s speech was heartwarming for Wall Street, and stocks such as SPY and QQQ surged to mostly new all-time highs. Today, on the other hand, a bloodbath is unfolding, especially for the highly overvalued technology companies in QQQ. One thing that Federal Reserve […]

Higher volatility markets often attract traders as large price exploration and range expansion provide directional bias to exploit. Knowing the structure that markets leave behind in the form of ‘Gaps’ can provide additional edge for short-term levels and entry/targets, swing ideas as certain Gaps provide contunation and exhaustion, and can signal macro shifts in sentiment […]

In the second workshop of this two-part series, we talk to our volunteer traders to assess the impact that the mental edge strategy has had on their trading performance. We discuss traders’ experiences with implementing the technique and forensically evaluate what aspects of their trading have improved and what still needs some work. Créde will […]

Trend trading is definitely one of the most exciting types of trading out there. The initial stop losses are small, the trade itself unfolds at a slow pace, and the potential reward with just a few adds to your position can be great. However, finding a stock that might be a solid runner is the […]

Dear Traders, I am writing today’s newsletter on the plane as I am heading to Africa for one of the longest trail runnings I have ever done! I promise that if I survive this 110km (68 mile) run, I will include pictures in my next email. Before leaving, I spent an exceptional morning trading with […]

Dear Traders, Happy December! It is hard to believe but there is only 1 month left until 2022. The market has certainly been volatile this year and today we saw a gap up of over 1.5% for all indexes. This is almost exclusively due to the world digesting the impact of the new COVID-19 variant. […]