Over the last 20 years I’ve been very fortunate to talk to a lot of traders, some of them are just learning and others that have been trading for quite some time. A few have become proficient and profitable traders over a decade or more and some of these have gone on to write books, hold seminars, and even produce material for other traders to follow and learn from.
This week I want to share with you a video from a recent MTA Educational Web series presentation I gave near the end of May 2013. In this presentation I demonstrate a... Read More
The other day a friend and I were chewing the cud about what makes a good trader. Sure, we talked about the usual things: Risk management Having a strategy with an... Read More
In this article I’ll set out what I believe to be the first element of a discretionary trading plan. ESSENTIAL ELEMENTS Identification of the Trend of a TimeFrame... Read More
Every trade requires two actions, an entry and an exit. Of these two, the exit is the most important. It is amazing how many bad entries can be saved by a good exit,... Read More
With just a little basic knowledge of how to use Market Price Analysis (MPA), the trader can get a very reliable answer to that question. In 1986 Peter Steidlmayer... Read More