Trading a breakout is simply the act of entering a position when price breaks above/below an area of support…
Traders that approach the markets without a plan are setting themselves up for failure. Consistently successful traders on the other..
Successful traders can be classified as people who have been consistently profitable over a long period of time.
By Richard K Introduction to Risk Management Strategy Many beginner traders focus almost entirely on the how to enter a trade and how much money they can make if things go their way, giving very little thought on how to actually manage their open position and limit their risk properly. Proper position and risk management […]
By Richard Krugel Updated June 6th, 2019 Introduction to Pitchfork Trading Within most trading platforms lies a very powerful yet often overlooked drawing tool called the Andrew’s Pitchfork. Traders these days mostly rely on the use of indicators as a means of technical analysis, so much so that they never give any second thought to […]