In this guide, you’ll learn how to create your own custom trading indicators with zero programming or math experience. By the end of this tutorial, you’ll be equipped with simple steps to build three custom indicators using basic concepts and a powerful tool: TradingView’s Pine Script. Getting Started with Pine Script Pine Script is … Read more
Charts are not all uniform in their display with regard to time; sometimes there are uptrends or even downtrends, while also times when the market is sided, almost motionless or close to it. To each, traders must know whether and how to adapt to the shifts. It would be much easier to trade if … Read more
With a Shortened Trading Week Ahead, It is Essential to Have a Game Plan in Place, Thanksgiving will cut down on only three-and-a-half days of trading, quite a period when historical trends of major market moves have come along with outlier and Black Swan events. While focusing on efficient trading in the market and … Read more
Trading is an exciting but challenging affair. Success appears just around the corner for most traders, yet they often fail at the same mistake repeatedly that prohibits steady profitability. But mastering three fundamental price action rules has been, for most, the panacea to address common mistakes in trading. In this article, we’ll explore these … Read more
The main problem with most traders when attempting to achieve consistent profits on lower timeframes, especially scalping the 5-minute chart, is uncertainty and getting overwhelmed by the fast pace and high fluctuation. This therefore leads to mistimed entries and early exiting that frustrates traders even more, especially when attempting to establish a sustainable strategy to … Read more
Most of the business traders do not earn any profit, mostly in terms of options trade. Over 90% who traded options lost and could only wonder what they did wrong. The reason is that they do not know the essential parameters of options trade because some of them couldn’t get general concepts and therefore suffered … Read more
Probably, one of the problems a large number of traders face is identifying a reliable strategy with a higher probability to be exploited in a price movement with minimal risk. The trading of options can quickly become complicated with very intricate strategies and the use of correct tools, all which can be pretty overwhelming in … Read more
A lack of consistency is a reality most traders often face with the ever-changing landscape of financial markets. Each time you win, it somehow gets erased and just builds a sense of an endless cycle of losses. And what will break this endless cycle of losses? Only the master of price action trading that an … Read more
It is one thing that really struggles traders most. It’s about being out when they should stay or when to enter in order not to miss another trading opportunity. Fright over the lost profits will just drive one to go through hasty decisions which ultimately can bring about terrible loss in the trade, this dilemma … Read more
This can get really overwhelming, especially for a new trader. The learning curve is steep, and it is not uncommon for many to be lost over how to interpret the markets, handle their risk, and pull in a profit. That was me. After hours and hours of research and trying countless strategies, I found myself … Read more