Articles

If you've read the previous articles of the How to Set Up Your Own Indicator series, you'll know how indicators work, and specifically that they target patterns. Patterns offer a certain amount of predictability, and that leads us to have… Read More

Having understood how an indicator works from the basics article from this series, let's try to construct a very simple indicator to apply the fundamentals so we can better understand how an indicator works. So, we'll start with the… Read More

Everyone who has a license knows how to drive a car without needing to know how the engine works. But, those who are really good drivers - more importantly, those who make the most out of their vehicle - typically have a working knowledge… Read More

Once you've got your trading plan in place, it's time to put it in practice. This is the fun part that got you interested in trading in the first place, so you've likely already put a lot of thought into it. However, there are some ideas… Read More

We already went over the similarities between trading and financial management. Now we are going to get a little deeper into each one of the elements of management that could help with your trading. Planning to succeed Having a plan… Read More

For a lot of traders, trading is something of a hobby, and they approach it with the same level of disorganization that they do their stamp collection. On the other hand, some hobbyists take their actions seriously and act with… Read More

You might have noticed, especially if you are getting into trading, that traders are confronted with two bits of crucial advice that seem somewhat contradictory: On the one hand, brokers will insist in all their disclaimers that "past… Read More

We previously talked about the differences between fixed and moving stop-losses, and if the latter seems like something that could help you with your trading, here are some things you might want to consider. To reiterate, a moving… Read More

Understanding the importance of stop losses, whether you are using them just for security or as an integral part of your strategy, there is still a debate among traders about whether fixed or moving stop losses are better - or, a… Read More

The simple moving average (SMA) is probably the most basic indicator that traders have, but as previously discussed, it has a lot of uses. Partially because of this, it's one of the most universal indicators, and as such becomes something… Read More