How to Trade

Nick Levinsky

Trading Dark Cloud Cover Candlestick Pattern

Candlestick analysis models are simple and ideal for beginners, effectively predicting market movements with just a few chart elements. Reversal patterns, like the Dark Cloud Cover, are particularly useful. This bearish reversal pattern forms when a bearish candle opens higher than the previous bullish candle's close but closes below its midpoint, signaling the end of an uptrend and a shift to falling prices. Traders look for confirmation with the next candle.

Jeremy Biberdorf

The Ultimate Guide to the best Funded Trader programs

Explore the best funded trader programs in 2024 with top trading firms. Discover how good funded traders access funded accounts for forex, futures, and more through prop trading programs.

Jeremy Biberdorf

Prop Trading vs Hedge Fund: Key Differences and Career Insights

Discover the key differences between prop trading and hedge funds in our comprehensive guide. Learn about prop and hedge fund business models, strategies, risks, and career paths to make informed investment decisions. Ideal for aspiring traders looking to invest wisely.

Nikita Mazikov

Price Action vs Smart Money Concepts (SMC) in Trading

Discover the power of Price Action trading and Smart Money Concepts (SMC). Compare Price Action vs Smart Money Concepts. Get a deep analysis of Price Action and SMC.

Nick Levinsky

All Secrets of False Breakout Trading Strategy

Many Forex traders like to trade around key levels and frequently face false breakouts. It's safe to say that false breakouts are a common challenge for anyone using this strategy. Key levels are points on the chart where the price has previously bounced or consolidated. Levels below the current price are known as support, and levels above are called resistance. Trading this way helps minimize risks and offers clear points for setting stop-loss and take-profit orders.

Luis Fernando Torres

Investment Banking vs Proprietary Trading Firm: Career Paths and Job Security on Wall Street

Exploring the differences between investment banking and proprietary trading firms on Wall Street, including career paths, job security, and financial incentives.

Nick Levinsky

ICT or SMC: How to Trade and What are the Difference?

In the rapidly evolving world of trading, effective strategies are essential for success. Two prominent approaches are ICT (Information and Communication Technology) and SMC (Stock/Money/Capital Management). This article explores these strategies, their benefits, potential limitations, and how combining them can enhance trading efficiency. Real-world examples highlight the practical applications of these methods. Effective trading strategies are vital for managing risks and improving profitability in today's financial markets. This article provides a clear definition of ICT and SMC strategies in the context of trading, explaining their roles, advantages, and potential drawbacks.

Nick Levinsky

What is ABCD Pattern? Guide to Trading with the ABCD Harmonic Pattern

Take your trading to new heights with the ABCD harmonic chart pattern. This game-changing reversal formation provides traders with a proven strategy to uncover hidden trading opportunities.

Nick Levinsky

Understanding the Ascending Triangle Pattern in Market Analysis

The ascending triangle pattern is a crucial chart pattern in financial market analysis, indicating a likely rise in bullish momentum. This pattern is invaluable for traders because of its ability to forecast upcoming price movements, establishing it as a key bullish continuation pattern in trading strategies.

Nick Levinsky

Awesome Oscillator the Gift from Bill Williams

The Awesome Oscillator, crafted by Bill Williams, is a pivotal market analysis tool designed to track market momentum and pinpoint reversal points. Differing from the MACD, this indicator uses average prices, calculated from the highs and lows, making it essential for analyzing chaotic market movements. Perfect for traders seeking to harness market dynamics, the Awesome Oscillator combines moving averages and unique metrics to offer a comprehensive view of market trends.