Here is what I have for you this week: How to improve your trading based on your personality The stock market decisively picks a direction Enlightened Stock Trading system update Why does it always feel like you are behind as a trader? Trading Quote of the week by...
The Chandelier Exit trading indicator is a volatility-based indicator developed by Chuck Le Beau and introduced to traders by Alexander Elder in Come Into My Trading Room. Its purpose isn’t to tell you when to enter a trade—it’s designed to guide you out when the...
The Squeeze Momentum trading indicator (SMI) is a volatility indicator designed to identify periods of low volatility when a breakout is likely to follow. In simple terms, it spots squeeze conditions those moments when the market just entered a squeeze before a sharp...
The Envelope trading indicator is a technical analysis tool that helps traders define trading ranges and identify potential trend reversals in price movements. It consists of a moving average and two bands that create an upper and lower boundary around the price...
Outcome bias happens when traders judge the quality of a decision based solely on the result, not the process behind it. Imagine driving home drunk and arriving safely. Was it a good trade? Of course not. The outcome was positive, but the decision-making process was...
