ChartIQ is a high-performance charting solution designed for traders, brokers, and financial institutions. It offers advanced technical analysis tools and is built with HTML5, making it highly customizable and easily integrable into trading platforms and financial websites. ChartIQ provides a rich, interactive experience with features like multi-asset charting, drawing tools, and real-time data streaming, catering…
MetaTrader 4 (MT4) is a widely-used electronic trading platform, primarily focused on forex, commodities, and CFDs (Contracts for Difference). It offers advanced charting tools, a wide range of technical indicators, and automated trading through Expert Advisors (EAs). MT4 is favored by both novice and professional traders for its user-friendly interface, customization options, and stability. User…
Gamma Exposure (GEX) is a critical concept in understanding how market makers and dealers hedge their positions in the options market and how these hedging activities influence market volatility and price movements. What Does Gamma Exposure (GEX) Do? Gamma Exposure (GEX) Measures the exposure of market makers to changes in the gamma of options contracts….
I have made $255,630 selling options over the last 2 years. This is the simple yet effective strategy I use: Covered Calls & Cash Secured Puts The two strategies I use are Covered Calls & Cash Secured Puts. This thread focuses on Covered calls: Selling calls gives you the right to sell your shares at…
The following is a quick but very thoughtful review by Sofien Kaabar CFA of the book ” Advances in Financial Machine Learning” by Marco Lopez de Prado. This work was published in 2018 under the Wiley label and has quickly become a favorite of the serious quant crowd. Here is Sofien’s review: First up: This…
Diakritik is a trader who recently became consistently profitable after struggling and losing for a long time. What you will see below are his thoughts on how he became profitable and, more importantly, the four books he read that made the big difference and gave him the breakthrough. He points out that these are easy…
This post is about Cloudflare, the only technology company in my portfolio and a stock that I’ve consistently held since 2020. Most of my other holdings are traditionally cheap value stocks, however, this is a company I understand well and have a lot of faith in the management. I’ve also struggled to find good values…
Your bad trading habits are costing you money and tons of emotional capital. Unless you figure out a way to kick these habits you will not make it in this trading business. This is where veteran Trading Psychologist Brett Steenbarger comes in. In this feature I am going to tell you who Dr. Steenbarger is…
Soybean Futures (/ZS) closed lower on the week and further eroded some of the gains from the previous week. It will need regain last week’s highs to recover a near term uptrend. USDA reported a sale of 104,000 MT of soybeans to China for the 2023/24 shipment. CFTC data showed spec funds increased their soybean…
Shortbear managed to pull exactly $998,941.24 out of a Soundhound (SOUN) trade earlier this month. In this feature he breaks down how he found, researched and executed the trade. Finding The Trade I had been looking at SOUN since the beginning of the AI hype in Feb 2023. Over that time period I got to…
Context: The following is the response to the question “what is it like making millions in trading?”. The question was posted in a forum and was answered by a former institutional trader who later went solo and made millions. Here is is his answer: Starting With Only $5k I started with $5k and turned it…
Kelly’s Game Scenario I go to a casino and walk over to the first table I see. The sign above the table says, “Kelly’s Game”. The dealer says, “Place a bet and The House will flip a coin. If you win the flip, The House will pay you 150% your money back. If you lose…
The Citadel Trading Software When I was a Finance undergrad, one of the classes I most looked forward to was Financial Trading Strategies. While other classes were academic with textbooks and PowerPoint slides, our professor was a former market maker who taught us through hands-on experience. Throughout that semester, our professor gave us — using the same…
I have no talent trading. I want to make sure it is clear. I only know a handful ‘Talented’ traders. What makes them talented? Why do I bring this up? Despite a handful of talented traders, I know about 50x 7fig+ traders that have no specific talent. Here are some of the things that make…
Day trading is a high-risk, high-reward activity that can be extremely lucrative for those who approach it with a disciplined and well-informed mindset. Here are the top 10 rules for successful futures day trading: Rule 1: Identify The Overnight Range Or Key Range The Opening Range (OR) is the price range established during the first…
A Market Profile is an intra-day charting technique (price vertical, time/activity horizontal) devised by J. Peter Steidlmayer, a trader at the Chicago Board of Trade (CBOT), ca 1959-1985. Steidlmayer was seeking a way to determine and to evaluate market value as it developed in the day time frame. Market profile AKA TPO charts are essentially…
Have you ever heard about the breakout from a base setup? Well you are in for a treat. You are going to learn that there are different variations of these breakouts and find out how to identify and trade these breakouts. Let’s get into it: How To Identify Bases All good bases will have the…
The following is a list that was put together by Nick Schmidt. He has around the trading block for a while, and has picked up a ton of useful tips along the way. Now he shares 50 important things that new traders should know in order to become a savvy and successful trader. You can…
This is a very quick and simple explanation of the ICT Liquidity run concept with examples and illustrations. Thanks to Polarity for putting this together. What Is Liquidity Michael Huddleston, the father of ICT, defines liquidity as the Degree to which a Market can Be quickly Bought Or sold in the Market without Affecting the…
This is a very quick and simple explanation of the ICT Judas Swing concept with examples and illustrations. Thanks to Gokul for putting this together. OLHC – Open Low High Close Here the Low in the Bullish Distribution is Judas AKA Manipulation, Purpose :- It drips Retails into Shorts Giving Breakout Idea. OHLC – Open…
Understanding the Trading Range will help you to know where the liquidity/ inducement is, where price is going to and also where to pick your POI from. What Is a Trading Range & How Is It Formed? A trading range helps us understand where we are in the market and where the liquidity is. Trading…
The goal of just about every trader is to get profitable and then quit the day job to live the dream life. But as it turns out, there is a small subset of profitable traders who still work 9 to 5 and have no desire to quit. Asymtrading, as he calls himself on social media,…
Sahil recently spent some time reflecting on some of the key insights that he picked up from reading the late Charlie Munger’s work. Charlie Munger was a treasure trove of wisdom—and most of it had nothing to do with investing. Here are 10 of his most powerful insights: 1. The Most Valuable Riches Take Time…
Seth Klarman is the head of the Baupost Group, a Boston-based private investment partnership. He was born on May 21, 1957 and is widely regarded as one of the top Value Investors and has been compared to legendary investors like Warren Buffett because of his patient and disciplined approach to investing. Seth Klarman’s “Margin of…
This feature will simply the ICT Market Maker Sell Model and Buy Model (MMXM) is one of the ICT Buy Models and it shows you how to identify and take advantage of these powerful setups very quickly and simply. Let’s get into it: What is Market Maker Model/ BUY Model or MMXM? MMXM is a…
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