Leggo Your Ego

Leggo Your Ego

Simpler Summary Sometimes having a Ego can be signs of a confident and determined individual. Ego can also lead people to having much heartbreak. In trading, the Ego can be seen as a fine balancing game. It is great when a trader has the confidence to read the chart signals to set themselves up for … Read more

Simpler Summary Chop Suey

Chop Suey

  Simpler Summary Chop, Chop, and more Chop. This week feels like we have been sitting in a Chinese Restaurant with a Chef who only knows how to prepare Chop Suey. Volatility has dropped off this week in the market due to the uncertainty and consolidation. This is also in line with our trading ranges … Read more

Rumor Has It

  Simpler Summary In today’s world it is easy for information to flow freely and quickly. This is an amazing jump in progress that the world has made over the last 30 years when compared to life before the internet. For traders, this progress has come with benefits and drawbacks. One of the easiest benefits … Read more

Simpler Summary - Market Holidays

Market Holidays

  Simpler Summary   This week we are greeted with a shortened trading week because of a market holiday tomorrow. Even though we do not have market holidays very often, it is always important to keep them in mind when we do come across one. Often times during a shortened trading week a trader may … Read more

The Honey Badger Doesn’t Care

  Simpler Summary Uncertainty is continuing in the indexes this week. Voices from across the trading world are talking over each other with conflicting views. No one really seems to know which way this market will go. Has support been found, are we spotting a setup for a longer trend to the downside, or are … Read more

Allison’s Chart Setup

  Allison’s chart setup includes all the studies and indicators she needs to effectively trade option swing trades, as well as the Recycling Risk strategy she trades on the intraday movements of the market. Check out the studies and indicators she uses to trade the markets. Her core setup includes: ThinkorSwim Charts 10, 30 and … Read more

Simpler Summary Fear of Missing the Race

Fear of Missing the Race

  Simpler Summary The engines are revving in surround sound, the light turns from yellow to green, and you are still trying to start your car. You watch the rest of the racers speed past you. You find yourself missing out on the race and look for any move to get back in. This might … Read more

Springing Up in the Market

  Simpler Summary The flowers are starting to bloom, the sun is peeking out behind the clouds, and it finally seems like the market has found a support level to spring out of these winter lows. There is still room to test the all time highs but the trend, both short term and long term, … Read more