A great honest post from guest trader & blogger Johan.
http://www.thedaytradingroom.com/one-year-in-the-making/
Last time I was totally out of sync and chased the markets, I said to myself that I really have to deal with this problem of mine.
I made contact with a trading psychologist. She helped me with my issues, but it´s not an easy thing to do
Crude Oil Trading – Not the easiest market to trade but very rewarding when you get it right. I analyse two days of trading in crude oil, good and bad.
Flags, pullbacks, reprices and opening drives. Pick your spot and the opportunities are there.
Click picture below to play video in HD
If you’ve been trading for any length of time you’ll know that trading psychology is one of the most important factors for long term success. Combine this with a good solid trading strategy and you’ve got the ingredients of a professional trader.
I find trading psychology is a very personal thing, what one trader struggles with, another finds easy. The most common problems traders face are usually:
If you haven’t experienced at least one of those then you haven’t been trading long enough!
We all have at some point in our trading careers struggled with one of the above. But what separates the many that will quit trading and those who make it a success is your ability to overcome these obstacles. Don’t keep banging your head against a brick wall with the same problem, do something about it, take action, find a solution and get past it.
One of the better experts in the field of trading psychology is Steve Ward. The reason I like Steve’s stuff is primarily because most of his neat little tricks and tips to keep you in the zone come from his work with investment bank and prop firm traders so it’s tried and tested front line stuff.
He’s got some good articles on his blog (right of page) which are well worth reading. He’s also made part 1 of his tradermind program available to watch free for a limited time.
Click the image below to watch.
Quick video covering last weeks most profitable pattern on crude oil
New Site Feature! Just Click The Picture To View In HD
I take an in depth look into trading crude oil. Using an example of a trade that combines higher and lower timeframes, with an order flow tape read trigger.
I have been told that someone is trying to sell this tool which is actually freely available to all tradestation users. Check my links page for the download.
“Solidus Big Trade Time & Sales”
CME Globex broadcasts trades in the smallest size; for example, if a 1000-lot buy is filled with 1000 one-lot sells, 1000 one-lots are reported. This indicator uses Streaming Data Optimization to compress small trades at the same price/time into blocks, more accurately representing market activity.
Johan talks about how he scalps the AUD/USD market using a mixture of trend identification and Keltners.
http://www.thedaytradingroom.com/a-scalping-strategy/
