How to Prepare for a Major Trend Reversal

If you didn’t notice … yesterday was an extremely critical day for the markets.  After more than a month of melting up, the major indexes hit a major rejection yesterday. The S&P 500 ETF Trust (NYSEARCA: SPY) was down as much as 1.5% as the chart butted up against...

How to Test Like the Best

How can you test your potential trading strategies without risking a lot of money?  Developing a strategy is difficult — but executing your game plan is even more challenging. You only need to look at social media for a few minutes to see hundreds of clueless idiots...

My Game Plan for Today’s Fed Decision

As expected, the Federal Reserve hiked interest rates another 75 basis points today. In the wake of this, I’m being incredibly cautious with my trading… Even for me, someone with more than a decade of experience as a professional trader, this is an incredibly risky...

How to Make BIG Moves with a SMALL Account

Most traders with small accounts are anxious to graduate to the big leagues. They say, “I can’t wait until I have a large account so I can make bigger trades and larger profits.”  And to that, I reply, “Start small, but dream BIG!” Sure, it’s fun for new traders to...