This week certainly didn't get off to a roaring start but in the end it turned out to be quite a good one overall and offered some excellent trading opportunities. Coming off a long weekend there's often less market volume on Tuesday so there really wasn't a big surprise when things were slow early. Still, I'll admit I […]
Those of you who follow Samurai Trading Academy on Facebook have probably already noticed but this week I've started to put out regular market recaps again to go over some of my trades. It's pretty time-consuming putting together detailed recap posts each day and sometimes difficult to find the energy after a highly focused trading session but […]
Anyone who has traded for any significant length of time has been through it themselves at some point. They hit a good run of trading days and became so over-confident in their own trading abilities that they suddenly deviated from what's was working for them so far, broke their own rules in search of more "I can't […]
Recently I've been thinking a lot about the emotions of fear and greed and how they impact our behavior and our profitability as traders. We've all probably heard the saying that "Wall Street is driven by two things: fear and greed" and while emotions do play their part in the big picture they can certainly […]
Learning to day trade and then achieving a consistently high level of profitability in this business can be a curious thing. When observing full time day traders the trading process often seems very simple, even nearly effortless, with minimal emotion getting in the way of decision-making. However, for the novice trader learning to day trade is rarely an […]