Richard Wyckoff developed his trading method in the 1930’s. He based a lot of his philosophies on successful traders like Jesse Livermore. When it comes to studying Wyckoff’s methods, you will need to take your time and understand that they are very specific. If you are a beginner, take it slow and ensure you test Read More…
Learn what a false breakout is in trading, how to identify false breakout patterns, and how traders use the false breakout trading strategy with chart examples and technical indicators. Introduction Breakouts are one of the most common concepts in technical analysis. Traders watch for price to move above resistance or below support, expecting momentum to Read More…
Key Takeaways Understanding Risk Rules in Funded Trader Programs Funded trader programs like OneUp Trader allow traders to trade with capital and buying power that otherwise would be very difficult for them to attain. Some accounts allow traders up to $250K and a 25-contract max position size. On top of that, traders never risk their Read More…
Introduction Candlesticks are by far the most used chart type in trading and investing today. Heikin Ashi candles take this one step further and smooth out the price action to create a less volatile chart for traders to analyze. In this guide, we will look at the Heikin Ashi candles, what indicators work well with Read More…
Introduction There are many factors that play into a trader’s success, but arguably, the most important is access to capital and how trading one’s own money can drastically affect emotions, stress levels, and decision-making. If you’re a skilled trader, you want to put your strategy to the test and get paid for the edge you Read More…
Introduction The pin bar is one of the most powerful and widely-used candlestick patterns in technical analysis. Found in every market and on every timeframe, the pin bar can signal trend reversals, continuations, and breakouts. But what exactly is a pin bar, how do you identify one, and most importantly, how do you trade it Read More…
