Trading and Patience: The Conveyor Belt Analogy w/ BalancedTrader For a trader, patience is not just a tool and a necessity. To illustrate this, let’s consider the analogy of a factory worker stationed at a conveyor belt. This worker’s task is simple: lift the boxes...
Two Essentials of Risk Management w/ John471 You will often here online traders mention risk management, risk control, or being a good risk manager, etc., but what exactly do they mean, and how can a trader be a good ‘risk manager’? Let me start off by mentioning a...
Debunking the Myth Behind Summer Trading w/BalancedTrader As the old adage goes, “sell in May and go away” Summer and the Christmas holiday season are typically considered the quietest trading periods. Institutional investors often take vacations during these times,...
Do More with Less: Focus on a Single Trading Setup w/ John471 If you have listened to many Group Mentoring Sessions, Ask Me Anything Sessions, or perhaps some of the public webinars, you may have heard the advice from FT, other Mavens, or myself to focus on a single...
The Best Time of Day to Trade Understanding the importance of market hours and timing is crucial for day trading in the futures markets because these factors directly influence the volatility and liquidity available for trading. The differences in volume at certain...
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