VIP

Holding onto losing trades, taking profits too soon, moving stops prematurely…these are the classic mistakes, we’ve all made a million times. But there are other, more subtle mistakes that can wreak havoc on your account – mistakes only a few traders truly understand. One of the worst? Thinking your strategy’s wins/losses are just random luck. […]

Does this sound familiar… The price rises past a retracement level, produces a pin bar in between the levels – not giving you an entry – and then reverses, making you miss out on a successful trade. Or how about this one… You enter a trade after a seeing an engulf form at a fib

If I said there was a way to double your profit without changing strategy or using any special indicators or techniques, would you believe me? Probably not, right? But there is in fact a very simple way to double and in some cases even triple the amount of profit you make on a trade using

I’ve always said the best way to trade is to have one core strategy and then several setups that provide less signals but that have a higher probability of working out. Finding a suitable strategy is pretty easy, but finding a few decent setups to trade alongside it… That’s a lot tougher. To make it

Most people understand support and resistance levels as lines marking points where price has previously reversed. This traditional definition is widely recognized, but there’s another type of level at play that’s often overlooked: Round numbers. In this post, I’ll explain why big round numbers act as effective support and resistance levels and how you can