price action Archives - Day Trader Blog

$9500 Simple Price Action Trade 16 Minute Video

Price action is the best indicator. Pro traders love to trade only price action. Yes only price action. What this means is they don’t use any other indicator like the Stochastic or MACD. Most of these indicators are based on moving averages. Moving averages just average the past price over a time period. For example… Continue reading $9500 Simple Price Action Trade 16 Minute Video

Identify Quick Momentum Moves Before They Happen Video Tutorial

Steve Primo is a master when it comes to price action trading. Momentum is what matters when you are trading. This is a very good video tutorial that shows you how to simplify your trading and become a consistently winning trader. Steve Prim0 gives you the number#1 rule that says always trade in the direction… Continue reading Identify Quick Momentum Moves Before They Happen Video Tutorial

Hypothetical Performance Disclosure: Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.