Throughout the years we’ve been teaching people how to trade. During that time, we discovered one underlying hurdle that many face: technology. The concerns and questions around this topic vary from more basic information about computer hardware or browser support, to more in depth information on trading tools and charting platforms. As time has passed, … Read more
Simpler Summary As a trader, the chart is your road map, but sometimes it can be a confusing map to read. This is why traders look at different indicators and studies, to help identify times when the chart is entering a potential trade setup. One of the most successful indicators our Simpler Trading Team uses … Read more
Simpler Summary The phrase, buy on the rumor and sell on the news, is all too common on the market floor. There’s certainly some truth to the saying as news and even rumors can affect the market. For instance, this week started with talks of more tariffs, and we ended the week with lacking numbers … Read more
Simpler Summary This week we saw a market holiday fall right in the middle on Wednesday. Additionally, this was coupled with a shortened trading day on Tuesday. Whenever we come across a trading week with a holiday right in the middle, volume dropping off shouldn’t be a surprise. This drop can cause choppiness and consolidation … Read more
Simpler Summary This week has certainly been an interesting one in the markets. We’ve seen a pick up in the daily ranges each day this week, but overall the market has been rather flat and consolidating. This could be due to the market holiday next week, or it could be just a normal pull back … Read more
Simpler Summary As summer heats up we’re seeing the market cool down on a small pullback. For those who may’ve been in rising bias trades, you may be feeling some heat in your account. If you find that your anxiety is at a boiling point when taking a look at your trades, you may need … Read more
Simpler Summary Unlike in the 20s or even the 80s, we don’t need to be in New York to trade anymore. Now traders are able to use their computers and trade with an online brokerage platform. The benefit, of course, is as long as you have an internet connection and a computer you can trade … Read more
Simpler Summary When we started off trading, many of us came across the phrase “take your profits and run.” If you’ve ever been burned by a trade you may be thinking this is right on point. It’s a great way to protect your capital, but sometimes you’re only grabbing a minnow profit and end up … Read more
Simpler Summary As the opening bell rings and you pull up your charts, they may appear like the garbled blueprint of the Taj Mahal. As the Site Manager to the construction of the building you would not pull out a wrench to saw through a 2 by 4, instead you would need to know what … Read more
Simpler Summary Whenever you first start trading, you may become overwhelmed with the jargon that so many traders like to use. As you sit in the trading room or listen in on a webinar, you may feel as if everyone is speaking a different language – except evenGoogle Translator can’t help. Don’t be discouraged if … Read more