As an intraday trader, what if I tell you that you can predict 70-80% of the time whether a stock will trade higher or lower from a given price just by analyzing the order flow? It might seem too good to be true, but this is what mastering the skill of reading the T&S prints and Level 2 data (together known as the āTapeā) brings to the table. Quite simply, itās a game-changing edge! In...
Trading is a performance sport and mindset is a competitive advantage. To be a successful trader or athlete, technical skill is a requirement. But technical skill alone is not enough. In sports and trading, where split-second decisions and impulsive actions can make or break a career, mindset is what separates the good from the great. Drawing on cutting-edge performance psychology and the mental training techniques of professional athletes, this webinar will explore the similarities between...
Join Dr. Reid for another informative presentation designed to help you break the fear and loss cycle. In this webinar, Dr. Reid will provide you with a method that can be trusted Annie Duke, a world-champion poker player, has devoted her life to the study of decision-making under pressure. Financial pressure. Fortunately, for us, sheās also a good writer and a clear thinker. Her insights uplevel Mark Douglasā concept of probabilistic thinking, making it even...
One of the most important skills you as a day trader must learn is how to read the price action. To be frank, analyzing one single time frame is not a difficult task. However, to succeed in trading, you must know how to utilize multiple time frames at the same time, moving from the macro to the micro. Starting with its weekly chart, you need to understand the bias of the market toward the stock...
There are many pathways that a trader can take as they begin their journey in trading. As you may be aware, trading can offer great rewards in life, but not without some challenges along the way. In this webinar, Mike will discuss a pathway that many traders have taken and found success with. ...
How do you know when your system is working? By being in control of yourself. By collecting quality data. In this webinar we discuss the inherent pitfalls that cause us to fail before we even start. ...
Dear Traders, These days, the only things that are on the minds of people in the financial sector are the crypto crisis and the collapse of FTX. The amount of carelessness and lack of oversight is just unbelievable, especially for the United States. Former CEO Sam Bankman-Fried, aka SBF, published a series of weird tweets that combined apologies for his failings with his perspective on what went wrong at the companies he founded and ran. āWe...
While becoming a successful trader is a long journey complete with many triumphs, your learning curve will also undoubtedly include many setbacks. Oftentimes, it is difficult to tell if you are making forward progress and you may begin to question if you are on the correct path. Your trading may only require a minor course correction; it may though require a more drastic change. In this webinar, we will examine how to assess your performance...
Everyone is looking for the secret to success in trading. Two of the key components of being a successful trader is having a well-developed TradeBook and being in control of your emotions. How though do these two components interact with one another? Join Mike for a discussion on how having a solid TradeBook will help with handling your emotions. ...
Success in trading can be summed up in a simple formula: develop a technical edge and the psychological stability to consistently apply it while managing risk. Sounds simple, but the process isnāt easy. Specifically, the more performance pressure you feel, the more vulnerable you will become to emotion-driven ideas and behaviors. But pressure, per se, isnāt your enemy. Tennis legend Billie Jean King famously said: āPressure is a privilege.ā In fact, good pressure activates the...