Results
Search Results for: label/Trade of the Day
Search Results for: label/Trade of the Day
What type of trading strategy do you use? Our trading strategy can be applied to both long and short term trading, Futures, Stocks, Crypto, Bitcoin, and Forex, but our focus at SOT is for ‘short term’ futures trading for many reasons: Short term trading allows traders to use small amounts of risk and earn a […]
Continue readingToday’s Trading Psychology lesson, I want to cover an important topic that most of us have already dealt-with, or will deal with at some point in our trading careers. Before I get into today’s lesson, I want to remind you that in previous lessons we talked about the difference between stress and distress. I said […]
Continue readingClick here to watch more day trading videos Coming in today to find the E-Mini S&P 500 Futures rejection the massive monthly resistance area we spoke of in the newsletter @2167.00. This heavy rejection began a bear push lower into a wedge that had a breakout pullback setup. The breakout here allowed sellers to drive […]
Continue readingClick here to watch more day trading videos The Euro started off the day showing bears respecting the resistance zone of 1.12738 – 1.12658 very well we spoke about in the newsletter. This resistance area came back to retest once again and showed another huge block of resistance off that level with the market turning […]
Continue readingClick here to watch more day trading videos Coming in today to find the ES pulling up heavily into our newsletter resistance area where sellers are anticipated to defend the move and push back towards the lows for a move back down to maintain the overall bearish trend from yesterday. We had a big of […]
Continue readingThis morning we made profit selling short on Crude Oil after our morning prep identified a bearish trend on the anchor chart. If you read our day trading blog this morning at 7:30am EST when we post the morning prep each morning you saw the same thing we used to make profit in the Live […]
Continue readingWe’ve been talking about using our journal to identify patterns, those patterns are broken into two categories; things we do well, and things we need to improve. In my last video, I talked about using those patterns to create goals, and then prioritized those goals into a strategy, so that as we achieve each goal, […]
Continue readingIn today’s Psychology lesson I’m going to give you a strategy for setting specific, highly-targeted trading goals to take your trading career to the next level. In my previous lessons, we’ve been talking about the importance of using a trading journal to identify patterns, and those patterns are going to tell us where we need […]
Continue readingToday’s Trading Psychology question of the day… “I can’t seem to stop over-trading. I don’t know whether it’s my emotions, or maybe my personality isn’t meant for trading? Maybe I shouldn’t be a scalper? Whatever the problem, I can’t seem stay patient because at the end of each day the only person who’s making money […]
Continue readingToday’s Trading Psychology question of the day… “How do you avoid analysis paralysis? I lost a lot of money at the beginning of my career with a trading robot, and although I feel like I have a good trading strategy, I seem to worry about every little detail and I seem to miss the good […]
Continue reading