This section features the three ways a losing trade can play out following our trade setup. One of my favorite ways of looking at the market is that while we are dealing with uncertainty, there are a finite number of ways that price action can play out. If you understand the win condition and what can go wrong, you will be able to express the trade as it was intended to be when there is cash at risk.
Since we started AbleSys blog, we have received a lot of feedback with questions from traders and investors of different walks of life. Many of the questions share similar points, I decide to study these questions and address them in depth and post them, so that more people can benefit from the Q&As. Here is […]
I heard some traders limiting themselves with curtain markets, such as “I am a day trader and I am trading E-mini S&P only” or “I am a stock trader, swinging trading stock only” or “I am a Forex trader” and so on. To be specialized with one market may have some advantages. However, it may […]
Announcing – AbleTrend: Identifying and Analyzing Market Trends for Trading Success is now in Audio Book by Audible, an amazon company. You may now get this audio book FREE with a Trial Membership with Audible, see details at www.audible.com. The essential concepts revealed in the book are important because they create the lens through which […]
Guidance chart has been popular among the successful traders using AbleTrend trading software. Within one chart, It helps trader to detect the market trend with longer time frame (avoid market noises with shorter time frames), and yet it empowers trader to manage risks with tighter stops (comparing to stops with longer time frames) and to […]