Cody has over a decade of experience day trading the Emini S&P 500 (ES) and Forex markets and has worked personally with dozens of traders to help them achieve consistent profitability and make trading a full-time career.
I suppose you could call it a return to form. After yesterday where I came out of the session with a small loss, today saw many of the same setups and management ideas turn a very tidy profit. The sample size of trades for the week is still relatively small but the edge is already […]
Remember what I talked about in some of the recent Trading Journal posts about summer markets being hot and cold and opportunity being somewhat inconsistent? Well, here's a cold dose of trading reality. The truth is that as a trader you will take losses. You will also have losing days. You're going to have to […]
I might have had a bit of luck on my side today. For the most part I got some good fills, managed to find the right areas for minimal drawdown when the levels were uncertain and took my profits at good locations before major pullbacks. Some might say that luck doesn't really play a part […]
You can never fully know what to expect out of an FOMC (Federal Open Market Committee) news day but they do have a few somewhat predictable behaviours. In most cases the market doesn't really get a major shock out of these releases as interest rate changes are generally expected well in advance and most things […]
Trading trends has never been my forte. In fact, it's probably been my most obvious weakness since I started trading over a dozen years ago. We all know the core concept - if there's a trend then simply trade with it until it ends. After all, "the trend is your friend"! The reality is rarely […]