Get ready to discover what it truly takes to become a successful day trader. The stories and processes I will share with you in this guide will redefine your path to trading success and help unlock your true potential as a day trader. Hi, my name is Adam. Over the past 20 years, I’ve traded for some of the largest trading firms in the county, coached day traders at elite institutions, and helped countless retail traders grow their trading businesses. In this guide, I lay out step by step how to build a winning day trading strategy as well as how to master the objective mindset necessary to con ..read more

Table Of Contents What is a Trading Pattern? What is Price Consolidation Consolidation Trading Patterns Structural Trading Patterns Candlestick Trading Patterns How to Use Trading Patterns Learning different day trading patterns to include in your playbook is one of the first steps of becoming a trader. As you progress , you will use trading patterns combined with context, trade management, and risk management to develop trading strategies. I’m going to teach you several different types of patterns including Consolidation Patterns, Structural Patterns, and Candlestick Patterns. You can u ..read more

Do I need a market data feed? Which one? What’s the difference? All of these are common questions for traders and the answer isn’t the same for every market. In this post we will take a look at the different data feed types and their features so you can make an educated decision on what you will need. To get started, let’s examine the two primary market data feed types, execution and data feeds. Execution Feeds Versus Data Feeds There are two types of data feeds, execution and data only feeds which are sometimes referred to as quote feeds. Execution feeds allow you to route orders to the excha ..read more

There’s a reason why trading volume has been a standard indicator on every piece of charting software over the last 30 years… it provides a crucial edge. Volume provides you with logical insight into the activity of market participants at varying price levels. I believe volume analysis helps traders to become more reactionary to price movements rather than trying to predict where price will go next, as is the case with most technical indicators. There’s countless tools and indicators for you to learn as you dive deeper into volume, but they all require an understanding of basic volume analysis ..read more

Pin bars are an EXTREMELY powerful trading pattern when the appropriate context is applied. I think a lot of trader’s learn about pin bars and other candlestick patterns when they’re new to trading and think they’re useless. Don’t always get caught up on the hype of some flashy new indicator. I’ve been trading for 20 years and I still use pin bars in my analysis and some of my strategies. They’re a very simple candlestick patterns but when paired with solid context they can foreshadow large market reversals. What is a Pin Bar A pin bar is a single candlestick with a long tail (wick) who’s pric ..read more

As you begin evaluate order flow trading software you’re going to find there’s quite a few options. Your charting software is one of the key tools in your toolbox so you need to spend some time finding what charting platform will work best for you. The order flow software you ultimately choose will depend on what products you plan on trading as well as your trading style. About Our Order Flow Software Reviews I’ve been trading professionally for over 20 years and I am NOT being compensated in any manner by any of the charting software companies reviewed here. Thus, you’re about to read a ..read more

Choosing the right futures brokers that meets your experience level and needs is essential when planning your trading business. Make sure to spend ample time evaluating brokerages that fit your personal needs as a trader. What is a Futures Broker? A futures or commodity broker is a business who executes orders to buy or sell futures contracts on behalf of their clients and charges them a commission for the transaction.  Types of Futures Brokers Ultimately Futures Brokers fall into the following two categories: Brokers for Professional TradersProfessional tra ..read more

Want to learn how to trade futures and the basics of future contracts? Well you’ve come to the right place. The following futures guide is full of insights and strategies for traders looking to hone their current skills and get up to speed on the latest trends in futures trading. Let’s get into it! Table Of Contents What is a Futures Contract History of Futures Contracts Who Trades Futures Using Futures to Hedge Risk Basics of Futures Trading Calculating Profit and Loss On Futures Trades Benefits of Trading Futures What is a Futures Contract A futures contract is a legal agreement ..read more

Keeping an accurate trading journal of all your trades is essential for your growth as a trader. You can’t improve if you don’t track. You can use our free trading journal to track stocks, futures, options, forex, and crypto. In fact you can track all of them on the same spreadsheet. Honestly, I think it’s the best free trading journal you’re going to find, especially if you’re a newer trader. Keeping your monthly expenses down is essential when you start trading, so need to use any expensive software. Our journal provides you with all of the statistics and calculations you’re going to need to ..read more

Learning how to backtest your trading strategies is essential if you want to become a successful trader. It’s shocking the number of traders I have trained over the years that have never done any backtesting. I’m usually backtesting at least on a weekly basis, especially when the markets are slower, and for good reason. As a new or unprofitable trader, backtesting will not only help build your confidence but will help you better define your strategy. Trading Backtesting Software As mentioned earlier you can backtest a strategy using replay software, running a simulation on an algorithm, or by ..read more