Trading is a game of emotion. A psychological battle wages inside the mind of traders worldwide and until this inner battle is won by the trader, losses would always be the order of the day.
There are a very peculiar set of factors in play in the soybean market heading into tomorrow's USDA Supply and Demand Report. We take a look at how big an outlier we're currently trading as well as what we expect going forward.
There are legions of dedicated Market Profile users who are hopelessly dedicated to this market-driven information tool. Though I don't usually write about Market Profile (MP), for reasons I don't completely understand, MP is a great tool to understand the overall structure during the course of the trading day.
Forex Robots are increasingly becoming the defining factor of how the forex market behaves. Understanding the majority role that forex robots now play is important to understand in order to be an effective forex trader.
There's been a lot of talk this year about the bean/corn ratio moving to all-time highs this summer. We take a look at this ratio and come away wondering whether we aren't using the wrong tool for the job.
I read a piece about the open interest in the gold market dropping to a five year low. I've expanded this to 27 of the most commonly traded US markets. The results certainly surprised me.
Let me first say that if you read all the hype that websites spew on their profits it would lead one to think that futures trading is like owning an ATM machine. You simply need to push a button and money comes shooting out. Futures' trading is not a...
There is some magic in committing something to paper or electronic media that requires an extra bit of thinking and strengthens a trader's commitment to his craft. In my program, everyone writes out a specific trading plan and executes that plan. Often times, we compare the trader's actual trade...
Trading for a living is not something to be taken lightly. A salaried job has a guaranteed outcome, and to trade for a living, one must be able to consistently arrange an assortment of variables into a manner to get as close as possible to a 'guarantee.' To achieve...
Is it possible that Ben Bernanke and now, Janet Yellen along with the rest of the Federal Reserve Board got it right? Have they captained us out of the depths of global financial collapse and into a new golden era of stock market gains and low interest rates? Quantitative...