Our Blog Posts

DOW THEORY – What is Dow Theory ?

DOW THEORY – What is Dow Theory ?

Admin 28 Jun 2021

The Dow theory is discovered by Charles H Dow, states that one of the market’s averages goes above key high and is joined or followed by a comparable advance in the other average, the market is in an upward trend. If the Dow Jones Industrial Average reaches an intermediate high, the Nasdaq index is projected… Read More »DOW THEORY – What is Dow Theory ?

The post DOW THEORY – What is Dow Theory ? appeared first on StockManiacs.

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6 Reliable Bullish Candlestick Patterns [Free Video + Cheat Sheet]

6 Reliable Bullish Candlestick Patterns [Free Video + Cheat Sheet]

Admin 04 Jun 2021

A proper education in price action wouldn't be complete without understanding when, how, and where to go long on a stock. Especially using bullish candlestick patterns.

The post 6 Reliable Bullish Candlestick Patterns [Free Video + Cheat Sheet] appeared first on - Tradingsim.

Read More
Candlestick Patterns Explained [Plus Video Tutorial]

Candlestick Patterns Explained [Plus Video Tutorial]

Admin 04 Jun 2021

Every trader wants to understand the price action and read it well to improve their trading. Studying candlesticks helps us understand the price action and where the stock is more likely to go the next minute or the next few minutes.

The post Candlestick Patterns Explained [Plus Video Tutorial] appeared first on - Tradingsim.

Read More
Learn How to Day Trade Using Pivot Points

Learn How to Day Trade Using Pivot Points

Admin 07 Jun 2021

As a technical analysis indicator, a pivot point uses a previous period's high, low, and close price for a specific period to define future support. In addition, other small calculations determine the "outside" points. Together, these can determine the bounds of a stock price over different time periods, giving traders an edge.

The post Learn How to Day Trade Using Pivot Points appeared first on - Tradingsim.

Read More
How to Day Trade the Bearish Gravestone Doji Reversal Candlestick

How to Day Trade the Bearish Gravestone Doji Reversal Candlestick

Admin 07 Jun 2021

The doji candlestick is one of the most common candlestick reversal patterns you will find in the market. The Gravestone Doji is a variation of this reversal pattern. When correctly confirmed, the Gravestone Doji can lead to great opportunities for profit in day trading.

The post How to Day Trade the Bearish Gravestone Doji Reversal Candlestick appeared first on - Tradingsim.

Read More
Is a Doji Bullish or Bearish: Plus Spinning Top, and Harami Indecision Candles (Free Video Tutorial)

Is a Doji Bullish or Bearish: Plus Spinning Top, and Harami Indecision Candles (Free Video Tutorial)

Admin 07 Jun 2021

Most indecision candles are referred to as dojis, spinning tops, or harami candles. They are all quite similar in that they visually represent a small bodied candle on a chart. Depending on the context, these candles can be bullish or bearish. They can even be neutral in a sideways/non-trending environment. What we have to pay attention to as traders is the reaction. In other words, what happens next?

The post Is a Doji Bullish or Bearish: Plus Spinning Top, and Harami Indecision Candles (Free Video Tutorial) appeared first on - Tradingsim.

Read More
8 Best Bearish Candlestick Patterns for Day Trading [Free Guide & Video]

8 Best Bearish Candlestick Patterns for Day Trading [Free Guide & Video]

Admin 11 Jun 2021

Hopefully at this point in your trading career you've come to know that candlesticks are important. Not only do they provide a visual representation of price on a chart, but they tell a story. Bearish candlestick patterns typically tell us an exhaustion story -- where bulls are giving up and bears are taking over. Many of these are reversal patterns.

The post 8 Best Bearish Candlestick Patterns for Day Trading [Free Guide & Video] appeared first on - Tradingsim.

Read More
Three White Soldiers: 3 Things You Must Consider Before Trading [Video]

Three White Soldiers: 3 Things You Must Consider Before Trading [Video]

Admin 11 Jun 2021

The Three White Soldiers pattern is a popular bullish candlestick pattern. It is fairly easy for most traders to spot in real time given the 3 large range successive candles. Moreover, in the right context it can signal a reversal of a trend. In this post we'll discuss the context, requirements, and a free video on how to trade this pattern.

The post Three White Soldiers: 3 Things You Must Consider Before Trading [Video] appeared first on - Tradingsim.

Read More
Stars, Dojis, and Abandoned Babies — Powerful Reversal Strategies

Stars, Dojis, and Abandoned Babies — Powerful Reversal Strategies

Admin 11 Jun 2021

Candlestick patterns can have some crazy names sometimes. Stars, dojis, and abandoned babies? The Japanese were fond of naming candlestick patterns after real-life visual representations. Shooting stars, morning stars, evening stars and abandoned babies are all examples of indecision reversal candle patterns. We'll introduce you to them in this post.

The post Stars, Dojis, and Abandoned Babies — Powerful Reversal Strategies appeared first on - Tradingsim.

Read More
The Abandoned Baby Candlestick Trading Pattern: Bullish & Bearish

The Abandoned Baby Candlestick Trading Pattern: Bullish & Bearish

Admin 14 Jun 2021

The abandoned baby candlestick pattern is a three bar reversal pattern. It is similar to the morning and evening star formations and is a very reliable reversal signal when it occurs after a sharp rise or drop.

The post The Abandoned Baby Candlestick Trading Pattern: Bullish & Bearish appeared first on - Tradingsim.

Read More
4 Powerful Harami Candlestick Trading Strategies

4 Powerful Harami Candlestick Trading Strategies

Admin 14 Jun 2021

The Harami candlestick pattern is usually considered more of a secondary candlestick pattern. These are not as powerful as the formations we went over in our Candlestick Patterns Explained article; nonetheless, they are important when reading price and volume action.

The post 4 Powerful Harami Candlestick Trading Strategies appeared first on - Tradingsim.

Read More
The Shooting Star Candlestick Pattern: Raining Profits From The Heavens

The Shooting Star Candlestick Pattern: Raining Profits From The Heavens

Admin 15 Jun 2021

The shooting star is a single bearish candlestick pattern that is common in technical analysis. The candle falls into the “hammer” group and is a first cousin of the – hanging man, hammer, and inverted hammer. If you're unfamiliar with any of these patterns, check out our Quick Reference Guide.

The post The Shooting Star Candlestick Pattern: Raining Profits From The Heavens appeared first on - Tradingsim.

Read More
The Backside of a Trade: When to Go Short

The Backside of a Trade: When to Go Short

Admin 16 Jun 2021

As day traders, the biggest dilemma we will ever face is our own errors. That is, knowing what not to do, and yet still doing it. Lack of discipline, if you will. Therein lies the importance of finding the backside of a trade before going short.

The post The Backside of a Trade: When to Go Short appeared first on - Tradingsim.

Read More
The Kill Candle Shorting Strategy Explained

The Kill Candle Shorting Strategy Explained

Admin 17 Jun 2021

For every kill the candle makes, there is always a short trader making a killing on the flip side. And depending on the setup and the skill of the trader, this candle pattern can actually be anticipated.

The post The Kill Candle Shorting Strategy Explained appeared first on - Tradingsim.

Read More
Averaging Down Can Lead To Huge Losses

Averaging Down Can Lead To Huge Losses

Admin 21 Jun 2021

Averaging down is the popular way to describe buying more of a position as a stock goes down. It's akin to seeing something you think is valuable in a supermarket getting marked down over and over again. And because you believe it is undervalued, you buy more of it as the price plummets. But is the averaging down trading strategy profitable over the long-term? How about when day trading? What are the pitfalls?

The post Averaging Down Can Lead To Huge Losses appeared first on - Tradingsim.

Read More
Understanding Stock Float and Its Impact on Stock Price

Understanding Stock Float and Its Impact on Stock Price

Admin 21 Jun 2021

Stock float is one of the most important metrics that can influence the price of a security. While it can be a confusing term to understand as a beginning trader, it is worth the effort to know. After all, it can mean the difference between big gains and losses.

The post Understanding Stock Float and Its Impact on Stock Price appeared first on - Tradingsim.

Read More
40 Great Brett Steenbarger Quotes For Trading Success

40 Great Brett Steenbarger Quotes For Trading Success

Admin 22 Jun 2021

We are big fans of Dr. Steenbarger here at TradingSim, and there is nothing like a great "pick-me-up" quote from the man himself during a rough patch of trading. To that end, we've hand-picked 40 of our favorite Brett Steenbarger quotes to help encourage you.

The post 40 Great Brett Steenbarger Quotes For Trading Success appeared first on - Tradingsim.

Read More
What is Float Rotation and Why It Matters to Day Traders

What is Float Rotation and Why It Matters to Day Traders

Admin 22 Jun 2021

Generally speaking, the volatility of a security's price movement is inversely correlated with the size of its float. The lower the float, the more volatile a stock can become. Let's look at a few examples of this.

The post What is Float Rotation and Why It Matters to Day Traders appeared first on - Tradingsim.

Read More
The VWAP Indicator Ultimate Guide And Video

The VWAP Indicator Ultimate Guide And Video

Admin 23 Jun 2021

If you are wondering what the Volume Weighted Average Price (VWAP) is or how to use the VWAP indicator, then wait no more. We've created this ultimate guide to help you understand the ins and outs of VWAP, and how to trade with it.

The post The VWAP Indicator Ultimate Guide And Video appeared first on - Tradingsim.

Read More
How to Trade Parabolic Reversals

How to Trade Parabolic Reversals

Admin 28 Jun 2021

Parabolic reversals can be a very tantalizing setup in day trading. These patterns offer an edge to the disciplined trader looking for a sharp trend change. But how do we know when to time the reversal? Where should our entries occur for the least amount of risk and highest reward?

The post How to Trade Parabolic Reversals appeared first on - Tradingsim.

Read More
What is Day Trading Liquidity and Why It Matters

What is Day Trading Liquidity and Why It Matters

Admin 28 Jun 2021

Liquidity is a measure of how easily one can buy and sell a position in the market, and it is a very fundamental element of trading, especially day trading. There are a few steps you can take in your day trading to make liquidity nothing but a small concern.

The post What is Day Trading Liquidity and Why It Matters appeared first on - Tradingsim.

Read More
6 Reliable Bullish Candlestick Patterns [Free Video + Cheat Sheet]

6 Reliable Bullish Candlestick Patterns [Free Video + Cheat Sheet]

Admin 04 Jun 2021

A proper education in price action wouldn't be complete without understanding when, how, and where to go long on a stock. Especially using bullish candlestick patterns.

The post 6 Reliable Bullish Candlestick Patterns [Free Video + Cheat Sheet] appeared first on - Tradingsim.

Read More
Candlestick Patterns Explained [Plus Video Tutorial]

Candlestick Patterns Explained [Plus Video Tutorial]

Admin 04 Jun 2021

Every trader wants to understand the price action and read it well to improve their trading. Studying candlesticks helps us understand the price action and where the stock is more likely to go the next minute or the next few minutes.

The post Candlestick Patterns Explained [Plus Video Tutorial] appeared first on - Tradingsim.

Read More
Learn How to Day Trade Using Pivot Points

Learn How to Day Trade Using Pivot Points

Admin 07 Jun 2021

As a technical analysis indicator, a pivot point uses a previous period's high, low, and close price for a specific period to define future support. In addition, other small calculations determine the "outside" points. Together, these can determine the bounds of a stock price over different time periods, giving traders an edge.

The post Learn How to Day Trade Using Pivot Points appeared first on - Tradingsim.

Read More
How to Day Trade the Bearish Gravestone Doji Reversal Candlestick

How to Day Trade the Bearish Gravestone Doji Reversal Candlestick

Admin 07 Jun 2021

The doji candlestick is one of the most common candlestick reversal patterns you will find in the market. The Gravestone Doji is a variation of this reversal pattern. When correctly confirmed, the Gravestone Doji can lead to great opportunities for profit in day trading.

The post How to Day Trade the Bearish Gravestone Doji Reversal Candlestick appeared first on - Tradingsim.

Read More
Is a Doji Bullish or Bearish: Plus Spinning Top, and Harami Indecision Candles (Free Video Tutorial)

Is a Doji Bullish or Bearish: Plus Spinning Top, and Harami Indecision Candles (Free Video Tutorial)

Admin 07 Jun 2021

Most indecision candles are referred to as dojis, spinning tops, or harami candles. They are all quite similar in that they visually represent a small bodied candle on a chart. Depending on the context, these candles can be bullish or bearish. They can even be neutral in a sideways/non-trending environment. What we have to pay attention to as traders is the reaction. In other words, what happens next?

The post Is a Doji Bullish or Bearish: Plus Spinning Top, and Harami Indecision Candles (Free Video Tutorial) appeared first on - Tradingsim.

Read More
8 Best Bearish Candlestick Patterns for Day Trading [Free Guide & Video]

8 Best Bearish Candlestick Patterns for Day Trading [Free Guide & Video]

Admin 11 Jun 2021

Hopefully at this point in your trading career you've come to know that candlesticks are important. Not only do they provide a visual representation of price on a chart, but they tell a story. Bearish candlestick patterns typically tell us an exhaustion story -- where bulls are giving up and bears are taking over. Many of these are reversal patterns.

The post 8 Best Bearish Candlestick Patterns for Day Trading [Free Guide & Video] appeared first on - Tradingsim.

Read More
Three White Soldiers: 3 Things You Must Consider Before Trading [Video]

Three White Soldiers: 3 Things You Must Consider Before Trading [Video]

Admin 11 Jun 2021

The Three White Soldiers pattern is a popular bullish candlestick pattern. It is fairly easy for most traders to spot in real time given the 3 large range successive candles. Moreover, in the right context it can signal a reversal of a trend. In this post we'll discuss the context, requirements, and a free video on how to trade this pattern.

The post Three White Soldiers: 3 Things You Must Consider Before Trading [Video] appeared first on - Tradingsim.

Read More
Stars, Dojis, and Abandoned Babies — Powerful Reversal Strategies

Stars, Dojis, and Abandoned Babies — Powerful Reversal Strategies

Admin 11 Jun 2021

Candlestick patterns can have some crazy names sometimes. Stars, dojis, and abandoned babies? The Japanese were fond of naming candlestick patterns after real-life visual representations. Shooting stars, morning stars, evening stars and abandoned babies are all examples of indecision reversal candle patterns. We'll introduce you to them in this post.

The post Stars, Dojis, and Abandoned Babies — Powerful Reversal Strategies appeared first on - Tradingsim.

Read More
The Abandoned Baby Candlestick Trading Pattern: Bullish & Bearish

The Abandoned Baby Candlestick Trading Pattern: Bullish & Bearish

Admin 14 Jun 2021

The abandoned baby candlestick pattern is a three bar reversal pattern. It is similar to the morning and evening star formations and is a very reliable reversal signal when it occurs after a sharp rise or drop.

The post The Abandoned Baby Candlestick Trading Pattern: Bullish & Bearish appeared first on - Tradingsim.

Read More
4 Powerful Harami Candlestick Trading Strategies

4 Powerful Harami Candlestick Trading Strategies

Admin 14 Jun 2021

The Harami candlestick pattern is usually considered more of a secondary candlestick pattern. These are not as powerful as the formations we went over in our Candlestick Patterns Explained article; nonetheless, they are important when reading price and volume action.

The post 4 Powerful Harami Candlestick Trading Strategies appeared first on - Tradingsim.

Read More
The Shooting Star Candlestick Pattern: Raining Profits From The Heavens

The Shooting Star Candlestick Pattern: Raining Profits From The Heavens

Admin 15 Jun 2021

The shooting star is a single bearish candlestick pattern that is common in technical analysis. The candle falls into the “hammer” group and is a first cousin of the – hanging man, hammer, and inverted hammer. If you're unfamiliar with any of these patterns, check out our Quick Reference Guide.

The post The Shooting Star Candlestick Pattern: Raining Profits From The Heavens appeared first on - Tradingsim.

Read More
The Backside of a Trade: When to Go Short

The Backside of a Trade: When to Go Short

Admin 16 Jun 2021

As day traders, the biggest dilemma we will ever face is our own errors. That is, knowing what not to do, and yet still doing it. Lack of discipline, if you will. Therein lies the importance of finding the backside of a trade before going short.

The post The Backside of a Trade: When to Go Short appeared first on - Tradingsim.

Read More
The Kill Candle Shorting Strategy Explained

The Kill Candle Shorting Strategy Explained

Admin 17 Jun 2021

For every kill the candle makes, there is always a short trader making a killing on the flip side. And depending on the setup and the skill of the trader, this candle pattern can actually be anticipated.

The post The Kill Candle Shorting Strategy Explained appeared first on - Tradingsim.

Read More
Averaging Down Can Lead To Huge Losses

Averaging Down Can Lead To Huge Losses

Admin 21 Jun 2021

Averaging down is the popular way to describe buying more of a position as a stock goes down. It's akin to seeing something you think is valuable in a supermarket getting marked down over and over again. And because you believe it is undervalued, you buy more of it as the price plummets. But is the averaging down trading strategy profitable over the long-term? How about when day trading? What are the pitfalls?

The post Averaging Down Can Lead To Huge Losses appeared first on - Tradingsim.

Read More
Understanding Stock Float and Its Impact on Stock Price

Understanding Stock Float and Its Impact on Stock Price

Admin 21 Jun 2021

Stock float is one of the most important metrics that can influence the price of a security. While it can be a confusing term to understand as a beginning trader, it is worth the effort to know. After all, it can mean the difference between big gains and losses.

The post Understanding Stock Float and Its Impact on Stock Price appeared first on - Tradingsim.

Read More
40 Great Brett Steenbarger Quotes For Trading Success

40 Great Brett Steenbarger Quotes For Trading Success

Admin 22 Jun 2021

We are big fans of Dr. Steenbarger here at TradingSim, and there is nothing like a great "pick-me-up" quote from the man himself during a rough patch of trading. To that end, we've hand-picked 40 of our favorite Brett Steenbarger quotes to help encourage you.

The post 40 Great Brett Steenbarger Quotes For Trading Success appeared first on - Tradingsim.

Read More
What is Float Rotation and Why It Matters to Day Traders

What is Float Rotation and Why It Matters to Day Traders

Admin 22 Jun 2021

Generally speaking, the volatility of a security's price movement is inversely correlated with the size of its float. The lower the float, the more volatile a stock can become. Let's look at a few examples of this.

The post What is Float Rotation and Why It Matters to Day Traders appeared first on - Tradingsim.

Read More
The VWAP Indicator Ultimate Guide And Video

The VWAP Indicator Ultimate Guide And Video

Admin 23 Jun 2021

If you are wondering what the Volume Weighted Average Price (VWAP) is or how to use the VWAP indicator, then wait no more. We've created this ultimate guide to help you understand the ins and outs of VWAP, and how to trade with it.

The post The VWAP Indicator Ultimate Guide And Video appeared first on - Tradingsim.

Read More
How to Trade Parabolic Reversals

How to Trade Parabolic Reversals

Admin 28 Jun 2021

Parabolic reversals can be a very tantalizing setup in day trading. These patterns offer an edge to the disciplined trader looking for a sharp trend change. But how do we know when to time the reversal? Where should our entries occur for the least amount of risk and highest reward?

The post How to Trade Parabolic Reversals appeared first on - Tradingsim.

Read More
What is Day Trading Liquidity and Why It Matters

What is Day Trading Liquidity and Why It Matters

Admin 28 Jun 2021

Liquidity is a measure of how easily one can buy and sell a position in the market, and it is a very fundamental element of trading, especially day trading. There are a few steps you can take in your day trading to make liquidity nothing but a small concern.

The post What is Day Trading Liquidity and Why It Matters appeared first on - Tradingsim.

Read More
6 Reliable Bullish Candlestick Patterns [Free Video + Cheat Sheet]

6 Reliable Bullish Candlestick Patterns [Free Video + Cheat Sheet]

Admin 04 Jun 2021

A proper education in price action wouldn't be complete without understanding when, how, and where to go long on a stock. Especially using bullish candlestick patterns.

The post 6 Reliable Bullish Candlestick Patterns [Free Video + Cheat Sheet] appeared first on - Tradingsim.

Read More
Candlestick Patterns Explained [Plus Video Tutorial]

Candlestick Patterns Explained [Plus Video Tutorial]

Admin 04 Jun 2021

Every trader wants to understand the price action and read it well to improve their trading. Studying candlesticks helps us understand the price action and where the stock is more likely to go the next minute or the next few minutes.

The post Candlestick Patterns Explained [Plus Video Tutorial] appeared first on - Tradingsim.

Read More
Learn How to Day Trade Using Pivot Points

Learn How to Day Trade Using Pivot Points

Admin 07 Jun 2021

As a technical analysis indicator, a pivot point uses a previous period's high, low, and close price for a specific period to define future support. In addition, other small calculations determine the "outside" points. Together, these can determine the bounds of a stock price over different time periods, giving traders an edge.

The post Learn How to Day Trade Using Pivot Points appeared first on - Tradingsim.

Read More
How to Day Trade the Bearish Gravestone Doji Reversal Candlestick

How to Day Trade the Bearish Gravestone Doji Reversal Candlestick

Admin 07 Jun 2021

The doji candlestick is one of the most common candlestick reversal patterns you will find in the market. The Gravestone Doji is a variation of this reversal pattern. When correctly confirmed, the Gravestone Doji can lead to great opportunities for profit in day trading.

The post How to Day Trade the Bearish Gravestone Doji Reversal Candlestick appeared first on - Tradingsim.

Read More
Is a Doji Bullish or Bearish: Plus Spinning Top, and Harami Indecision Candles (Free Video Tutorial)

Is a Doji Bullish or Bearish: Plus Spinning Top, and Harami Indecision Candles (Free Video Tutorial)

Admin 07 Jun 2021

Most indecision candles are referred to as dojis, spinning tops, or harami candles. They are all quite similar in that they visually represent a small bodied candle on a chart. Depending on the context, these candles can be bullish or bearish. They can even be neutral in a sideways/non-trending environment. What we have to pay attention to as traders is the reaction. In other words, what happens next?

The post Is a Doji Bullish or Bearish: Plus Spinning Top, and Harami Indecision Candles (Free Video Tutorial) appeared first on - Tradingsim.

Read More
8 Best Bearish Candlestick Patterns for Day Trading [Free Guide & Video]

8 Best Bearish Candlestick Patterns for Day Trading [Free Guide & Video]

Admin 11 Jun 2021

Hopefully at this point in your trading career you've come to know that candlesticks are important. Not only do they provide a visual representation of price on a chart, but they tell a story. Bearish candlestick patterns typically tell us an exhaustion story -- where bulls are giving up and bears are taking over. Many of these are reversal patterns.

The post 8 Best Bearish Candlestick Patterns for Day Trading [Free Guide & Video] appeared first on - Tradingsim.

Read More
Three White Soldiers: 3 Things You Must Consider Before Trading [Video]

Three White Soldiers: 3 Things You Must Consider Before Trading [Video]

Admin 11 Jun 2021

The Three White Soldiers pattern is a popular bullish candlestick pattern. It is fairly easy for most traders to spot in real time given the 3 large range successive candles. Moreover, in the right context it can signal a reversal of a trend. In this post we'll discuss the context, requirements, and a free video on how to trade this pattern.

The post Three White Soldiers: 3 Things You Must Consider Before Trading [Video] appeared first on - Tradingsim.

Read More
Stars, Dojis, and Abandoned Babies — Powerful Reversal Strategies

Stars, Dojis, and Abandoned Babies — Powerful Reversal Strategies

Admin 11 Jun 2021

Candlestick patterns can have some crazy names sometimes. Stars, dojis, and abandoned babies? The Japanese were fond of naming candlestick patterns after real-life visual representations. Shooting stars, morning stars, evening stars and abandoned babies are all examples of indecision reversal candle patterns. We'll introduce you to them in this post.

The post Stars, Dojis, and Abandoned Babies — Powerful Reversal Strategies appeared first on - Tradingsim.

Read More
The Abandoned Baby Candlestick Trading Pattern: Bullish & Bearish

The Abandoned Baby Candlestick Trading Pattern: Bullish & Bearish

Admin 14 Jun 2021

The abandoned baby candlestick pattern is a three bar reversal pattern. It is similar to the morning and evening star formations and is a very reliable reversal signal when it occurs after a sharp rise or drop.

The post The Abandoned Baby Candlestick Trading Pattern: Bullish & Bearish appeared first on - Tradingsim.

Read More
4 Powerful Harami Candlestick Trading Strategies

4 Powerful Harami Candlestick Trading Strategies

Admin 14 Jun 2021

The Harami candlestick pattern is usually considered more of a secondary candlestick pattern. These are not as powerful as the formations we went over in our Candlestick Patterns Explained article; nonetheless, they are important when reading price and volume action.

The post 4 Powerful Harami Candlestick Trading Strategies appeared first on - Tradingsim.

Read More
The Shooting Star Candlestick Pattern: Raining Profits From The Heavens

The Shooting Star Candlestick Pattern: Raining Profits From The Heavens

Admin 15 Jun 2021

The shooting star is a single bearish candlestick pattern that is common in technical analysis. The candle falls into the “hammer” group and is a first cousin of the – hanging man, hammer, and inverted hammer. If you're unfamiliar with any of these patterns, check out our Quick Reference Guide.

The post The Shooting Star Candlestick Pattern: Raining Profits From The Heavens appeared first on - Tradingsim.

Read More
The Backside of a Trade: When to Go Short

The Backside of a Trade: When to Go Short

Admin 16 Jun 2021

As day traders, the biggest dilemma we will ever face is our own errors. That is, knowing what not to do, and yet still doing it. Lack of discipline, if you will. Therein lies the importance of finding the backside of a trade before going short.

The post The Backside of a Trade: When to Go Short appeared first on - Tradingsim.

Read More
The Kill Candle Shorting Strategy Explained

The Kill Candle Shorting Strategy Explained

Admin 17 Jun 2021

For every kill the candle makes, there is always a short trader making a killing on the flip side. And depending on the setup and the skill of the trader, this candle pattern can actually be anticipated.

The post The Kill Candle Shorting Strategy Explained appeared first on - Tradingsim.

Read More
Averaging Down Can Lead To Huge Losses

Averaging Down Can Lead To Huge Losses

Admin 21 Jun 2021

Averaging down is the popular way to describe buying more of a position as a stock goes down. It's akin to seeing something you think is valuable in a supermarket getting marked down over and over again. And because you believe it is undervalued, you buy more of it as the price plummets. But is the averaging down trading strategy profitable over the long-term? How about when day trading? What are the pitfalls?

The post Averaging Down Can Lead To Huge Losses appeared first on - Tradingsim.

Read More
Understanding Stock Float and Its Impact on Stock Price

Understanding Stock Float and Its Impact on Stock Price

Admin 21 Jun 2021

Stock float is one of the most important metrics that can influence the price of a security. While it can be a confusing term to understand as a beginning trader, it is worth the effort to know. After all, it can mean the difference between big gains and losses.

The post Understanding Stock Float and Its Impact on Stock Price appeared first on - Tradingsim.

Read More
40 Great Brett Steenbarger Quotes For Trading Success

40 Great Brett Steenbarger Quotes For Trading Success

Admin 22 Jun 2021

We are big fans of Dr. Steenbarger here at TradingSim, and there is nothing like a great "pick-me-up" quote from the man himself during a rough patch of trading. To that end, we've hand-picked 40 of our favorite Brett Steenbarger quotes to help encourage you.

The post 40 Great Brett Steenbarger Quotes For Trading Success appeared first on - Tradingsim.

Read More
What is Float Rotation and Why It Matters to Day Traders

What is Float Rotation and Why It Matters to Day Traders

Admin 22 Jun 2021

Generally speaking, the volatility of a security's price movement is inversely correlated with the size of its float. The lower the float, the more volatile a stock can become. Let's look at a few examples of this.

The post What is Float Rotation and Why It Matters to Day Traders appeared first on - Tradingsim.

Read More
The VWAP Indicator Ultimate Guide And Video

The VWAP Indicator Ultimate Guide And Video

Admin 23 Jun 2021

If you are wondering what the Volume Weighted Average Price (VWAP) is or how to use the VWAP indicator, then wait no more. We've created this ultimate guide to help you understand the ins and outs of VWAP, and how to trade with it.

The post The VWAP Indicator Ultimate Guide And Video appeared first on - Tradingsim.

Read More
How to Trade Parabolic Reversals

How to Trade Parabolic Reversals

Admin 28 Jun 2021

Parabolic reversals can be a very tantalizing setup in day trading. These patterns offer an edge to the disciplined trader looking for a sharp trend change. But how do we know when to time the reversal? Where should our entries occur for the least amount of risk and highest reward?

The post How to Trade Parabolic Reversals appeared first on - Tradingsim.

Read More
What is Day Trading Liquidity and Why It Matters

What is Day Trading Liquidity and Why It Matters

Admin 28 Jun 2021

Liquidity is a measure of how easily one can buy and sell a position in the market, and it is a very fundamental element of trading, especially day trading. There are a few steps you can take in your day trading to make liquidity nothing but a small concern.

The post What is Day Trading Liquidity and Why It Matters appeared first on - Tradingsim.

Read More
6 Reliable Bullish Candlestick Patterns [Free Video + Cheat Sheet]

6 Reliable Bullish Candlestick Patterns [Free Video + Cheat Sheet]

Admin 04 Jun 2021

A proper education in price action wouldn't be complete without understanding when, how, and where to go long on a stock. Especially using bullish candlestick patterns.

The post 6 Reliable Bullish Candlestick Patterns [Free Video + Cheat Sheet] appeared first on - Tradingsim.

Read More
Candlestick Patterns Explained [Plus Video Tutorial]

Candlestick Patterns Explained [Plus Video Tutorial]

Admin 04 Jun 2021

Every trader wants to understand the price action and read it well to improve their trading. Studying candlesticks helps us understand the price action and where the stock is more likely to go the next minute or the next few minutes.

The post Candlestick Patterns Explained [Plus Video Tutorial] appeared first on - Tradingsim.

Read More
Learn How to Day Trade Using Pivot Points

Learn How to Day Trade Using Pivot Points

Admin 07 Jun 2021

As a technical analysis indicator, a pivot point uses a previous period's high, low, and close price for a specific period to define future support. In addition, other small calculations determine the "outside" points. Together, these can determine the bounds of a stock price over different time periods, giving traders an edge.

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How to Day Trade the Bearish Gravestone Doji Reversal Candlestick

How to Day Trade the Bearish Gravestone Doji Reversal Candlestick

Admin 07 Jun 2021

The doji candlestick is one of the most common candlestick reversal patterns you will find in the market. The Gravestone Doji is a variation of this reversal pattern. When correctly confirmed, the Gravestone Doji can lead to great opportunities for profit in day trading.

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Is a Doji Bullish or Bearish: Plus Spinning Top, and Harami Indecision Candles (Free Video Tutorial)

Is a Doji Bullish or Bearish: Plus Spinning Top, and Harami Indecision Candles (Free Video Tutorial)

Admin 07 Jun 2021

Most indecision candles are referred to as dojis, spinning tops, or harami candles. They are all quite similar in that they visually represent a small bodied candle on a chart. Depending on the context, these candles can be bullish or bearish. They can even be neutral in a sideways/non-trending environment. What we have to pay attention to as traders is the reaction. In other words, what happens next?

The post Is a Doji Bullish or Bearish: Plus Spinning Top, and Harami Indecision Candles (Free Video Tutorial) appeared first on - Tradingsim.

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8 Best Bearish Candlestick Patterns for Day Trading [Free Guide & Video]

8 Best Bearish Candlestick Patterns for Day Trading [Free Guide & Video]

Admin 11 Jun 2021

Hopefully at this point in your trading career you've come to know that candlesticks are important. Not only do they provide a visual representation of price on a chart, but they tell a story. Bearish candlestick patterns typically tell us an exhaustion story -- where bulls are giving up and bears are taking over. Many of these are reversal patterns.

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Three White Soldiers: 3 Things You Must Consider Before Trading [Video]

Three White Soldiers: 3 Things You Must Consider Before Trading [Video]

Admin 11 Jun 2021

The Three White Soldiers pattern is a popular bullish candlestick pattern. It is fairly easy for most traders to spot in real time given the 3 large range successive candles. Moreover, in the right context it can signal a reversal of a trend. In this post we'll discuss the context, requirements, and a free video on how to trade this pattern.

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Stars, Dojis, and Abandoned Babies — Powerful Reversal Strategies

Stars, Dojis, and Abandoned Babies — Powerful Reversal Strategies

Admin 11 Jun 2021

Candlestick patterns can have some crazy names sometimes. Stars, dojis, and abandoned babies? The Japanese were fond of naming candlestick patterns after real-life visual representations. Shooting stars, morning stars, evening stars and abandoned babies are all examples of indecision reversal candle patterns. We'll introduce you to them in this post.

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The Abandoned Baby Candlestick Trading Pattern: Bullish & Bearish

The Abandoned Baby Candlestick Trading Pattern: Bullish & Bearish

Admin 14 Jun 2021

The abandoned baby candlestick pattern is a three bar reversal pattern. It is similar to the morning and evening star formations and is a very reliable reversal signal when it occurs after a sharp rise or drop.

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4 Powerful Harami Candlestick Trading Strategies

4 Powerful Harami Candlestick Trading Strategies

Admin 14 Jun 2021

The Harami candlestick pattern is usually considered more of a secondary candlestick pattern. These are not as powerful as the formations we went over in our Candlestick Patterns Explained article; nonetheless, they are important when reading price and volume action.

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The Shooting Star Candlestick Pattern: Raining Profits From The Heavens

The Shooting Star Candlestick Pattern: Raining Profits From The Heavens

Admin 15 Jun 2021

The shooting star is a single bearish candlestick pattern that is common in technical analysis. The candle falls into the “hammer” group and is a first cousin of the – hanging man, hammer, and inverted hammer. If you're unfamiliar with any of these patterns, check out our Quick Reference Guide.

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The Backside of a Trade: When to Go Short

The Backside of a Trade: When to Go Short

Admin 16 Jun 2021

As day traders, the biggest dilemma we will ever face is our own errors. That is, knowing what not to do, and yet still doing it. Lack of discipline, if you will. Therein lies the importance of finding the backside of a trade before going short.

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The Kill Candle Shorting Strategy Explained

The Kill Candle Shorting Strategy Explained

Admin 17 Jun 2021

For every kill the candle makes, there is always a short trader making a killing on the flip side. And depending on the setup and the skill of the trader, this candle pattern can actually be anticipated.

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Averaging Down Can Lead To Huge Losses

Averaging Down Can Lead To Huge Losses

Admin 21 Jun 2021

Averaging down is the popular way to describe buying more of a position as a stock goes down. It's akin to seeing something you think is valuable in a supermarket getting marked down over and over again. And because you believe it is undervalued, you buy more of it as the price plummets. But is the averaging down trading strategy profitable over the long-term? How about when day trading? What are the pitfalls?

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Understanding Stock Float and Its Impact on Stock Price

Understanding Stock Float and Its Impact on Stock Price

Admin 21 Jun 2021

Stock float is one of the most important metrics that can influence the price of a security. While it can be a confusing term to understand as a beginning trader, it is worth the effort to know. After all, it can mean the difference between big gains and losses.

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40 Great Brett Steenbarger Quotes For Trading Success

40 Great Brett Steenbarger Quotes For Trading Success

Admin 22 Jun 2021

We are big fans of Dr. Steenbarger here at TradingSim, and there is nothing like a great "pick-me-up" quote from the man himself during a rough patch of trading. To that end, we've hand-picked 40 of our favorite Brett Steenbarger quotes to help encourage you.

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What is Float Rotation and Why It Matters to Day Traders

What is Float Rotation and Why It Matters to Day Traders

Admin 22 Jun 2021

Generally speaking, the volatility of a security's price movement is inversely correlated with the size of its float. The lower the float, the more volatile a stock can become. Let's look at a few examples of this.

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The VWAP Indicator Ultimate Guide And Video

The VWAP Indicator Ultimate Guide And Video

Admin 23 Jun 2021

If you are wondering what the Volume Weighted Average Price (VWAP) is or how to use the VWAP indicator, then wait no more. We've created this ultimate guide to help you understand the ins and outs of VWAP, and how to trade with it.

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How to Trade Parabolic Reversals

How to Trade Parabolic Reversals

Admin 28 Jun 2021

Parabolic reversals can be a very tantalizing setup in day trading. These patterns offer an edge to the disciplined trader looking for a sharp trend change. But how do we know when to time the reversal? Where should our entries occur for the least amount of risk and highest reward?

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What is Day Trading Liquidity and Why It Matters

What is Day Trading Liquidity and Why It Matters

Admin 28 Jun 2021

Liquidity is a measure of how easily one can buy and sell a position in the market, and it is a very fundamental element of trading, especially day trading. There are a few steps you can take in your day trading to make liquidity nothing but a small concern.

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