Understanding Market Fundamentals Paid Members Public
Market fundamentals are the economic, financial, and news-driven factors that influence stock prices beyond what you can see on technical charts. While price action shows you what is happening, fundamentals often explain why it's happening. These include company earnings reports, Federal Reserve decisions, economic data releases, and broader
Understanding Strategy Development Paid Members Public
Strategy development is the process of creating a clear, structured approach to trading that defines exactly how and when you'll enter and exit trades. A good trading strategy is like a detailed roadmap that guides your decisions in the market, removing guesswork and emotion from the equation. It
Understanding Trading Psychology Paid Members Public
Trading psychology refers to the emotional and mental state of a trader that influences their decision-making process. It encompasses how traders handle stress, fear, greed, and other emotions that can impact trading performance. While technical analysis and strategy are important, many experienced traders believe that psychology accounts for 80% or
Understanding Price Action Reading Paid Members Public
Price action reading is the skill of interpreting raw price movements on a chart without relying heavily on indicators or complex formulas. It focuses on what the market is actually doing rather than what indicators suggest it might do. Price action traders analyze candlestick patterns, price levels, and volume to
Understanding Technical Analysis Paid Members Public
Understanding Technical Analysis Introduction Technical analysis is the study of price charts and patterns to forecast future price movements. Unlike fundamental analysis, which examines a company's financial health or economic factors, technical analysis focuses solely on price action and trading volume. It's based on the premise
Understanding Chart Patterns Paid Members Public
Chart patterns are specific formations that appear on price charts and have historically led to predictable price movements. These patterns represent the psychological battles between buyers and sellers and often signal whether the current trend will continue or reverse. Like footprints in the sand, chart patterns leave clues about where
Understanding Risk Management and Stop Loss Placement Paid Members Public
Risk management is the practice of protecting your trading capital by limiting potential losses on each trade. A stop loss is a predetermined price level where you'll exit a trade if it moves against you, effectively putting a cap on how much you can lose. Think of risk
Understanding Higher Highs and Lower Lows Paid Members Public
Market structure is the backbone of price movement, and understanding it is like having a map in unfamiliar territory. The concepts of higher highs (HH), higher lows (HL), lower highs (LH), and lower lows (LL) form the basic building blocks of trend identification. Simply put, an uptrend consists of prices
