Never rarely sometimes always That is the typical cycle of breaking your own discipline in trading rules. First you swear to yourself you would never run a stop. Than it starts out you rarely do it anyway and are very [...]
Silver the latest and greatest The founders of Midas Touch Consulting meet regular to measure the highest probabilities of the future market. We focus at the big picture. Usually, the latest and greatest, meaning recent events shape and reshape this outlook. [...]
Back to the future When reading fiction of time travel into the past or watching movies about time machines one theme dominates. The people who travel back in time worry immensely about how their behavior alters history. They fear about [...]
Silver let it ride Time relativity errors occur typically after long established sideways ranges. Meaning you get out too early of your trade. You waited a long time to finally be in your desired trade and even though everything goes [...]
Success is when preparation meets opportunity Why screen exposure and overall experience is so needed in the field of trading is related to the fact that the market has a high degree of variability. It takes years to have seen [...]
Make it your own Trading is often compared to professional sports. This not only due to the competitive element. To produce outstanding performance different methodologies are required to reach elevated performance levels. Successful market participation is not achievable through a [...]
Failure equals big money If that be the case we'd be all rich trading the markets. No, what we are referring here to is pattern failure. Chart patterns have probabilities of how often they work. Most bet in favor of [...]
How long and how high Wouldn't we all like to know how long it takes till we make money on our investments, and how high prices will go? Most investors are already happy if they do not get stopped out [...]
If it breaks we get paid Or not. One aspect rarely talked about is the psychological aspect on why there are so few winning traders. You might have heard about the trader who reached his goal to make a million [...]
Think exits not entries Trading and chart software provides many features. The ones most commonly used are alerts for extremes. Session opening and closes. Highs and lows of the day (week, month, year). Volume, range and price percentage spikes and [...]
