Category Archives: Swing Trading

The Best Place to Put Your Protective Stops



Trading is a business of probability. Every trader will take losses, so we need to use protective stops. Many traders take profits quickly but hold on to losing trades – it’s human nature. We take profits because it feels good, and we try to hide from the pain of losses. 3 BAD TYPES OF PROTECTIVE … Continue reading The Best Place to Put Your Protective Stops


The Best Leading Indicator



Many say there’s no such thing as a leading indicator. They even take pride is saying they only use pure price action and volume. I’m not sure why they think that’s so impressive: They say that all indicators are lagging and that they only plot what’s already been done in the market … and that’s … Continue reading The Best Leading Indicator


17 Real-Life Tips To Becoming a Successful Trader



Improving your trading with a New Year’s Resolutions, or any other time! Marcus Lemonis, star of CNBC’s “The Profit,” doesn’t wait until the beginning of the year to make resolutions: “I don’t know that I make specifically New Year’s resolutions. I think I typically make a new resolution when something bad happens or I have … Continue reading 17 Real-Life Tips To Becoming a Successful Trader


Day Trading vs. Swing Trading: Which is Best for YOU?



Which is better? Day trading or swing trading? Each has advantages and disadvantages. Here’s a comparison chart to help you decide which may be a better fit for you: DAY TRADING DEFINITION: In and out during open outcry hours. Use intraday charts. SWING TRADING DEFINITION Hold 2-14 days. Use daily and weekly charts. DAY TRADING … Continue reading Day Trading vs. Swing Trading: Which is Best for YOU?


Using Multiple Time Frames with Trend is a Terrible Idea!



TECHNICAL ANALYSIS HERESY OF THE DAY: Don’t trade in the direction of the trend of the higher time frame. What do I mean by multiple time frames? The traditional teaching. Why that isn’t “optimal” Why you could get away with it in the past. Why you can’t get away with it now. My “heretical” teaching. … Continue reading Using Multiple Time Frames with Trend is a Terrible Idea!


Interview with Ken Calhoun from TradeMastery.com



In today’s episode I interview long-time stock trading friend Ken Calhoun from “Trade Mastery.” Ken day trades and swing trades, looking for stocks that are breaking out with strong moves. Ken Calhoun is the president of TradeMastery.com and StockTradingSuccess.com (with Steve Nison). Having provided online training to active traders from over 32 countries since 1999, … Continue reading Interview with Ken Calhoun from TradeMastery.com


Trading Psychology Practical Tips, Part 3



Get my free gift for you, for FREE, Top Dog Trading’s “Top 10 Trading Rules for Success.” These are 10 things I changed in my trading to become successful over the last 50 years. They’re also the top 10 things that have helped my students shift from move from losing money to making money. Bottom line, … Continue reading Trading Psychology Practical Tips, Part 3


Trading Psychology Practical Tips, Part 2



Get my free gift for you, for FREE, Top Dog Trading’s “Top 10 Trading Rules for Success.” These are 10 things I changed in my trading to become successful over the last 50 years. They’re also the top 10 things that have helped my students shift from move from losing money to making money. Bottom line, … Continue reading Trading Psychology Practical Tips, Part 2


How to Stop Getting Stopped Out So Often



Get my free gift for you, for FREE, Top Dog Trading’s “Top 10 Trading Rules for Success.” These are 10 things I changed in my trading to become successful over the last 50 years. They’re also the top 10 things that have helped my students shift from move from losing money to making money. Bottom line, … Continue reading How to Stop Getting Stopped Out So Often