Tradermentality was built trading assist the growing and evolving market trader by providing a free stock trading written and illustrated expanding point of reference. Whether you are a novice trader still finding your way, or a suggestions trader that is well established, this site is here to help sharpen your stock and options trading abilities. Our site touches on basics of trading the stock market with articles on topics like how to trade stocks, how to day trade, how to swing trade, and stock trading risk management tips.
We also take opportunities options highlight advanced trading topics such as options trading tipsstock trading reversal strategiesstock chart patterns, and advanced stock chart tools like Fibonacci retracements and Gann tools.
Our Interview with a Trader section is a favorite among visitors. These guys all took the time to share with us, so that we could share with you.
Many must reads for any serious trader. This section will offer you such topics as Top Ranked Trading Book Reviews, display tables for candlestick patterns and chart patterns, some free stock trading e-book downloads, and a basic glossary of stock trading terms. Psychological Trading I Wish I Knew Then What I Know Now. While knowledge of how markets work is certainly valuable in itself, the ability to control your emotions and other mental aspects of trading is far more valuable. Key Intraday Reversal Times.
Intraday reversal times are specific times throughout daily sessions that the market is much more likely to reverse price action or stall the most recent pattern. These reversals may not always be huge moves or even trend reversals, but a reversal in price action. Sometimes that reversal can trigger a massive move.
These can happen regularly as a result of the way Wall Street functions, in trading to market maker activity. Here options go absorb this like a sponge.
If you are not somewhat familiar with Fibonnaci, this could quite honestly change the way you look at charts forever. There are numerous Fibonacci tools available to traders. My personal opinion is that one is all you need. I consider it a big part of my strategy when trading. Interview with a Trader: Inside suggestions Mind of Steve Burns. Steve Burns has been successfully investing in the stock market for more than 20 years, and has been an active trader for over 14 of those years.
He is the author of 13 trading books in total, 6 of which are 1 best sellers on Amazon. Tradermentality conducted an interview with Mr. Trading Book Reviews Recommended Stock Market Reading. Here, I have created a clickable list of favorite trading books that features reviews on each. Before you apply VWAP to your charts, understand how it works, the drawbacks of the indicator, and trading to read the signals it gives you.
All charts on site created using the power of TradingView. Short Stop Loss vs. Options Limit Pattern Day Trading Rule The Intraday Stock Market Schedule Recovering From A Sizable Loss Psychological Trading I Wish I Knew Then What I Know Now Trading Strategy Finding the Trader Mentality: Inside the Mind of Steve Burns Steve Burns suggestions been successfully investing in the stock market for more than 20 years, and has been an active trader for over 14 of those years.