Author: Justin Kuepper
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How to Balance Trading With Your Day Job
Many trading strategies don’t require a full-time commitment. Unless you’re day trading, there’s no reason to be stuck behind a screen for eight hours per day. Mobile trading, real-time alerts, and advanced order types have made it easy to react to the market from almost anywhere with internet access. There are even some advantages to […]
Volume Indicators and Strategies for Traders
Most traders have seen stocks that have soared 1,000% or even 10,000% in a given day, but we quickly skim past them and move on to other opportunities. The reason is simple: These huge gains occur on penny stocks that have almost no volume, and without volume, there’s little to no opportunity to profit. Beyond […]
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Looking for a ProphetCharts Alternative? Try TrendSpider!
thinkorswim by TD Ameritrade recently decided to drop ProphetCharts from its trading platform. Since its introduction in 2004, Tim Knight’s ProphetCharts has become the de facto charting solution for millions of active traders both independently and after TD Ameritrade’s acquisition. The real testament to its greatness is the fact that there have been no real improvements […]
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6 Must-Read Books for Aspiring and Expert Traders
Many book recommendations for traders focus on timeless classics, such as A Random Walk Down Wall Street or Reminiscences of a Stock Operator. While these are timeless classics that are certainly worth reading, traders may want to turn toward more technical books to gain the insights they need to profit during their day-to-day activities. Let’s […]
A Practical Guide to Screening for and Trading Bullish Divergences
Most traders are familiar with oscillators, such as the relative strength index (RSI) or moving average convergence-divergence (MACD), but they may not realize that there’s more to them than waiting for them to reach the extremes. It’s true that the RSI or MACD can alert you to overbought or oversold conditions, but the real insights […]
How to Use Moving Averages to Improve Your Trading
Most traders learn about moving averages when they first study technical analysis, but quickly abandon them as they learn about other more complex technical indicators. There’s a perception among some traders that successful trading systems need to be complex in order to be successful. These perceptions aren’t exactly true. While a moving average crossover strategy […]
The Ultimate Guide to Technical Indicators
Most people that see technical indicators for the first time feel a bit overwhelmed by all of the lines and numbers. It’s a lot like showing an equation containing a sigma symbol (Σ) to a fifth-grader — it might make sense when it’s explained to them, but until then, it looks impossible to understand. Technical […]
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What’s the Best Day Trading Platform?
The average active trader underperforms the S&P 500 by 6.5% per year, but day trading is among the most competitive forms of trading. In fact, just one percent of day traders can predictably generate a net profit after fees! Successful day traders rely on a combination of superior market access and cutting-edge technology to find […]
How to Spot and Trade Reversals With the Evening Star and Abandoned Baby
Most traders are familiar with doji candlestick patterns, which indicate that there’s a lot of indecision in the market. While indecision doesn’t always lead to a reversal, it does suggest that the previous trend is likely losing steam. This can make doji patterns helpful for predicting reversals when combined with other forms of technical analysis. […]
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Should You Sell in May and Go Away?
The arrival of Spring has most of us itching to take a vacation—or as traders say, “sell in May and go away”. Unlike many trading adages, historical data seems to support the theory that stocks underperform in summer. The catch is that past is no guarantee of the future, and sometimes, staying out of the […]
How to Spot and Trade Engulfings
Candlestick patterns are a great decision support tool for active traders. Bullish and bearish engulfings have an ideal mix of reliability and frequency that makes them a powerful addition to any trader’s repertoire. They can be very helpful for predicting reversals when used in conjunction with other forms of technical analysis. Let’s take a look […]
How to Spot Reversals with the Dragonfly Doji and Gravestone Doji
Candlestick patterns are a great decision support tool for active traders. While dragonfly and gravestone doji may not be 100% accurate on their own, they can be incredibly useful for confirming a bullish or bearish reversal that’s supported with other technical indicators or chart patterns. Let’s take a look at how to use both of […]
