Before I get into the lesson I just want to mention that I now have a book deal and am in the process of writing a book about forex trading. I invite you to help me write a book that will offer a great deal of value by giving me feedback here. This is your chance to contribute. I work … Read More
Forex Trading: Summer Time Forex/Futures Scenarios 7/8
In this segment, Marc Principato CMT analyzes the S&P500 CFD, EUR/USD, GBP/USD and AUD/USD for possible technical scenarios that can unfold throughout the week. To learn more visit: http://bit.ly/smbhome Be sure to follow me on twitter: http://twitter.com/marcpmarkets [purehtml id=22] — Marc Principato, CMT, Risk Disclaimer *No Relevant Positions
A Quant Test on a Trading Thesis
Hi Mike, I was halfway through typing my question when I remembered a blog post similar to my original question: http://www.smbtraining.com/blog/how-do-you-determine-how-far-stock-can-move I was wondering if you’ve found any statistical information by back-testing the above since then. For me personally, I first find important support/resistance levels on a stock & after that do I then consider the likelihood of those support/resistance … Read More
Should I Run My Trading Strategy Live?
Hi Bella, I was in the same position for most of last year and early this year, trying to work out what it is I need to be before I could consider myself as a solid trader. Now I find myself in another mental predicament. Which is when do you start believing that as a trader you have found the … Read More
Are You Revenge Trading?
Hello Mike, I have seen and read many of your posts on the site where you offer traders advice and was wondering if you can offer me some advice. Little bit about me: I started trading 18 months with very little capital and was in a up-one-day/ down-next-day mode on my trading for over a year. Until about four to … Read More
Forex Trading: Question The Market?
First I just wanted to announce that I signed my first book deal with Wiley and Sons which is a well known financial publisher. I am going to be writing a book about forex trading. Stay tuned for more info! One of the most helpful trading habits I learned over the years is how to question the market. Questioning the … Read More
How Do I Find a Firm to Back My Trading?
Hi Mike. I’ve been a long-time reader of your blog and not only love your analysis of the markets, but also how you always point out the hard work it takes to be a great trader. I’ve been trading full time for four years now. I started trading equities based on fundamentals, lost $2k in six months. I read about … Read More
Forex Trading: SMB Forex/Futures Volume Analysis on FOMC
In this installment of the SMB Forex and Futures Weekly Trade Review, Marc Principato CMT illustrates how our volume analysis helps us recognize an opportunity as important market moving information unfolds. This same information is what helps us let a winner run. To learn more visit: http://bit.ly/smbhome [purehtml id=20] — Marc Principato, CMT, Risk Disclaimer *No Relevant Positions