Introduction Thousands of traders join a funded trader program every month, but only a small percentage end up making something of it. The reason usually isn’t a lack of knowledge or an inability to trade well. Most traders understand charts, indicators, how to do technical analysis, and how to create a plan. What separates successful Read More…
Introduction Futures trading attracts people for one reason above all others: the opportunity to make money. The futures markets offer liquidity, volatility, leverage, and 23 hours a day trading. But opportunity alone is not enough. Most traders fail because they approach the futures market without a trading plan. Profitable futures trading is not about finding Read More…
Introduction One of the most dangerous traps in trading is the belief that outcomes must “balance out” in the short term. After a series of losses, it starts to feel like a win is overdue, while after a strong run of wins, it feels like a loss is inevitable. This way of thinking is known Read More…
Introduction A moving average is a widely used indicator in technical analysis that helps smooth out price action by filtering out the “noise” caused by random price fluctuations. It is considered a trend-following, or lagging, indicator because it is based on past price data rather than predicting future movements. The two most common types of Read More…
Introduction In today’s tradespotlight, we will look at Natalia, a funded trader from Portugal, who entered 5 contracts at 6471.00, right as buyers started stepping in and momentum began to shift. Price then moved up quickly and cleanly. She scalped a 73-tick move, exiting at 6489.50 for a $4,612 profit. It may look like a Read More…
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…
