S&P and EURUSD are gyrating in broad resistance ranges. Timing a short all depends on price structure. — Marc Principato, CMT, Risk Disclaimer *No Relevant Positions
Major Resistance Areas Reached? What to Look For.
S&P 500 and major currencies have reached major resistance levels but don’t be so quick to short. — Marc Principato, CMT, Risk Disclaimer *No Relevant Positions
Can You Manage Your Swing Trade Loss Like This?
Taking losses is part of the game. Learn what you can do to minimize them, Subscribe: http://bit.ly/utraderyt Help me write my book: http://www.unconventionaltrader.com Training Info: http://www.bit.ly/smbhome My analysis on TradingView.com: http://bit.ly/tviewprfle Twitter: http://www.twitter.com/marcpmarkets Webinar and Trade Review Archive: http://bit.ly/archpge
Are You Flexible?
Flexibility in trading has to be one of the most difficult concepts to master when going through the learning curve. I remember much earlier in my learning process when I was stubbornly committed to a particular trading style that I was learning from a chatroom that shall remain nameless. Looking back, the style was complete nonsense but at the time … Read More
S&P New Trend or New Range?
The markets are coming out of holiday mode. What are important levels for the upcoming week? — Marc Principato, CMT, Risk Disclaimer *No Relevant Positions
Anyone Make Money In Slow Markets?
Recently one of the trainees in the chatroom asked me if the slow currency markets are normal as we conclude the summer months of this year. My answer? Yes, we are still in holiday mode. I then explained my theory as to why we experience slow markets in general which is what I am going to explain to you in … Read More
How Our Traders Deal With Random Price Action
Prices are random, especially on smaller time frames. So what to do? — Marc Principato, CMT, Risk Disclaimer *No Relevant Positions
An Aspiring Trader’s Email
At SMB we get a lot of emails from traders of all levels. Much of the time they are from aspiring traders who are very passionate about the markets and their work. And all of us here make every effort to respond and provide some insight into the world of professional trading. So in this article, I am going to … Read More