On the road to personal financial freedom, we find two types of people: Type A) Wishing, waiting, and doubting Type B) Observing, verifying, and executing The journey to financial freedom is a journey of transmutation from Type A to Type B. This transmutation is not easily achieved without special techniques. AbleTrend trading software is a […]
Free 4-Day Mini-Course ($500 value) The Blueprint for Day-Trading Success In celebration of AbleSys’ 21 years of excellence in the trading software industry, we have just released a Free 4-day mini-course for serious day traders, The Blueprint for Day-Trading Success. And celebration is in order! Only AbleTrend has won Stocks & Commodities magazine Readers’ Choice […]
To become financially independent through trading or investing is the dream to many traders and investors but it’s not an easy task. It requires time and money to acquire the skill as there is too much information out there, most of which just teaches you about trading, and not how to gain a competitive edge. […]
There are four levels of cognition: One does not know what he does not know At this level people are normally opinionated, assuming they know everything. One knows what he does not know At this level people have a high degree of self-awareness; they are eager to learn and have an “empty cup” mentality. One […]
A trader sent me feedback in responding to yesterday’s topic. In his email he shared his experience of the difficulty following the signals although rationally he saw the signals working time and time again. It is his subconscious mind having the problem to stick tight with the winners. Fear of losing is human nature and […]
We each tend to think that we see things as they are and that we are objective but this is not true. We see the world not as it is, but as we are or as we are conditioned to see it. When we make our trading decisions we are acting on our perceptions. Seeing […]
U.S. stocks trending higher recently with major indexes not only ending at records but extending their winning streaks to a seventh straight session while 30y bond trending lower. What were the trading signals that AbleTrend gave for swing trading for both $SPX and 30-year T-Bond (ZB)? Here are the signals. Make rational trading decisions based […]
AbleTrend Actually Projects Market Directions on Chart with Colors With most trading software interpreting the charts – and what to do – is up to you, the trader. Your chart shows you the complete price history but you have to decide whether the price movement is forming a particular pattern you trade on. Take a […]
The stock market surged after President Donald Trump’s address to Congress on Tuesday and the Dow skyrockets 300 points higher and breaks above 21,000 as stocks hit all-time highs. Below is the $SPX swing trading chart with AbleTrend Guidance Chart trading signals. AbleTrend gave a buy signal on Feb. 3, 2017 at 2295 with a gain of […]
If you are a counter-trend trader, you might experience your “worst days on trending days” because you might keep adding positions onto your initial position as you follow the “average down” strategy. You might spend your day on edge, being whip-sawed as the market develops. But when you trade with the AbleTrend Guidance Chart, you […]
