The ICT 9:30 AM Open Manipulation is often said to be one of the easiest trade setups you will ever find. In this feature you will learn how to identify and trade this set up very quickly and simply. This is another in the series of features on the ICT Concepts. Now let’s get into…
This is how you can use Machine Learning in Finance and trading. In this feature you will see the step by step creation of a simple trend prediction on the SPY using a random forest. This is the work of Danny Groves who goes by @DrDanobi on Twitter/X is a Trader & data Scientist who…
Like many, you have probably never heard the name Li Lu before. But I am pretty sure you’ve heard of Charlie Munger. A little known fact is that both these gentlemen had a very close relationship and Li Lu was basically Charlie Munger’s understudy. Who Is Li Lu? Li Lu is a Chinese-American investor and…
I just finished reading “Evidence-Based Technical Analysis” by David Aronson because a relatively new trader asked me to recommend books that taught or emphasized a more scientific and less “gut feeling” approach to trading and I think this book fit the bill. Aronson basically challenges everything we thought we knew about technical analysis. He says…
The legendary Peter Lynch gave us “One Up On Wallstreet” over 30 years ago and the concepts and specific steps that he laid out in that book are still very relevant today. Just in case you didn’t know, Peter Lynch, gained fame for his successful management of the Fidelity Magellan Fund from 1977 to 1990….
The book 100 to 1 In The Stock Market by Thomas W Phelps is perhaps one of the best books ever written on long term value investing. I just re-read this book and was once again reminded about the importance of thorough research, financial analysis, and a the need to take patient, disciplined approach to…
In the book “Trading in the Zone,” Mark Douglas outlined three stages of development of a trader. These are: What stage are you at now in your development as a trader? Not sure? Well read along and see if you can figure it out. The Mechanical Stage In the mechanical stage, the trader builds trading…
Volume By Price or Volume profile trading is a solid trading strategy that can be used to make huge returns if you use it the right way. I recently came across a thread by a trader known as ThiccTeddy that laid out the strategy in a very simple and effective way and decided to share…
Last month the New York Attorney General filed a civil complaint against Genesis, DCG and personally against Barry Silbert and Michael Moro. The complaint is detailed and substantive and alleges a massive conspiracy to defraud hundreds of thousands of investors. While the NYAG suit against Silbert et al. is civil, it’s very likely this case…
Kris Sidial is the CIO of Ambrus Group and perhaps one of the best minds today when it comes to the subject of Volatility and how to trade it. He has been featured here on this site before where we looked at how he manages volatility in the event of a market crash. Please do…
The trading system that we are taking a look at today is the FXMKH system that is run by Ali MK. This Forex trading system is +13% so far this year and has an annual return of 31.2% per year, compounded. Ali MK’s Background & Experience After completing my master’s degree in economics, I became…
Macro The S&P Futures are down about 12 Points at the moment as buyers failed to advance above the 4550 area in yesterday’s session. The overnight high is 4503.75 and the overnight low is 4486.25. The sentiment coming into today’s session is Bearish. The US 10 Year Yield is @ 4.25% Stocks Toyota Motors (TM)…
The Fair value Gap is an area where price has been inefficiently delivered and as a result there’s a gap or an imbalance that’s present on the chart. This is important because at some point the market or price will come back to that area and will either trade up into that area or price will completely…
Asia Range refers to a specific time window during the Asian trading session where price tends to exhibit certain characteristics that traders may look to capitalize on. The Asia Range is typically the period of time during which the forex market is relatively quiet and lacks significant price movement, and it occurs during the Asian session,…
AMD refers to three phases or stages that are believed to occur in the price action of financial markets, particularly in forex trading. Accumulation: The first phase, also known as the “smart money” or “whales” phase, is when large institutional traders, market makers, or smart money are believed to accumulate a particular asset at lower…
Jordan F recently posted a short tutorial on Volume Trading in an effort to help out the traders that he feels were “taught the wrong way” to use volume. How To Identify Real Volume We all know the classic volume tips that we were told in the penny stock era like Wait for a run…
The trading world was buzzing with talk last week after it was revealed that Michael Burry had put on some big short positions in anticipation of continued weakness, or a possible fallout, in the market. Burry, is famous for his big win shorting the housing crisis back in 2008 and he has not been shy…
It is with shock, and great sadness, that we learned that Dr. David Paul passed away On August 2nd. David was 68 years old. His journey spanned decades and he left an indelible mark on the trading community. Dr. Paul’s legacy is one of simplicity, innovation, and unwavering dedication. AI Trade Analysis · TradeTruth Trading…
I recently came across a Futures trading system that has a 70% annual return and a Sharpe ratio of 1.42. As usual, I spent some time tracking the trades before reaching out to the system developer, Daniel, to ask some questions about his trading system. Here is the information that he sent in: Trader Daniel…
I recently came across a trading system that pretty much only trades Tesla (TSLA). The system has only been around for about 1.5 years but it has been putting up really good numbers as it registered a 94% return last year and is +31% so far this year. After a few weeks of tracking the…
July 18, 2023 I want to make this Options Chart Trading guide as quick and as simple as possible. So I am going to cut out all the fluff and basics and go straight into the steps. But first, let’s talk about the reasons why trading the options chart makes sense in the first place….
Topstep is a proprietary trading firm that hires traders and provides them with capital, risk management strategies, coaching, and support to help them succeed in trading. The firm will pay you using a profit split model, where traders keep 100% of profits up to $5,000 and 80% thereafter. This model aligns the interests of both…
The trading strategy that you are about to see has been making money for many years and currently has a 76% win rate under normal market conditions. Make sure you test it out for yourself after you read this. It can be used for both Day Trading & Swing Trading, so I am going to…
On Sunday, July 23rd, the Twitter trading community received devastating news as Rob Smith, widely known by his Twitter moniker @RobInTheBlack, passed away suddenly. The loss of this charismatic figure left his followers and the trading world in mourning, reflecting on the remarkable journey of a man who not only revolutionized charting methods but also…
A large percentage of the Twitter trading community is in mourning today as news made the rounds that Rob Smith who goes by the twitter handle @RobInTheBlack passed away on Sunday July 23rd after battling a short illness. Cause Of Death Back on July 2nd, Rob tweeted that he was having some issues with his…
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