Monday, May 6, 2024

Summer Reading List: Mark Douglas’ Classic Guide to Trader Psychology

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On August 18, 2020, we posted a book review, authored by David Russell, of Mark Douglas’s “Trading in the Zone: Master the Market with Confidence, Discipline and a Winning Attitude.” After posting this review, we...

Bulls Pivot from Rate Cuts to Economic Growth: Market Trends This Week

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Downloads are available here. TradeStation’s ideas on TradingView are available here. Register for Market Trends here. Sizing Up the S&P 500 S&P 500 holds 50% of March 15-22 weekly move, March 8 high Trio of key patterns remain: Holds rising 21-day EMA RSI...

Powerful Tools Built Into TradeStation: Moving Averages and Index Members

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TradeStation's platform is famous for letting customers build their own tools. But did you know it also includes hundreds of useful indicators with special purposes, available free to everyone? Our servers constantly track major indexes...

Here’s How to Be Ready the Next Time Stocks Pull Back

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Stocks just had one of their sharpest pullbacks of the year, creating opportunities for investors able to quickly discover opportunities. The screenshot below shows TradeStation's Scanner tool. It's programmed to detect stocks trending upward before...

Looking for Support and Resistance? Price Channels Might Help

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Traders often use support and resistance to get an edge in the stock market. However levels can change as prices move, so today we'll consider a tool that automatically adjusts as trends evolve: price...

Starting with Futures: S&P 500 E-minis

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Do you love to trade stocks, but are confused by futures? Keep reading. Many clients are initially puzzled, or even scared, by these derivative instruments. The lingo is different. Their hours are weird. The rules...

Interested in Cryptocurrencies? Here’s A Guide to Key Symbols Associated with the Space

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Cryptocurrencies like Bitcoin and Ethereum have rallied in the last week, following several months of weakness. Investors interested in the asset class have several ways to gain exposure. Retail investors looking to participate in the...

Essential Options Knowledge: Time, Volatility and Different Kinds of Value

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Options confuse a lot of investors because several factors impact their value. Unlike stocks, they don't just go up and down based on supply and demand. This post will explain three of the most...
Oil Clings to Key Level as Coronavirus Adds to Bearishness in Energy Sector

Oil Clings to Key Level as Coronavirus Adds to Bearishness in Energy Sector

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Coronavirus has caused a lot of fear in the market, and it comes at an especially bad time for the energy sector. Crude oil already had a glut of supply because of rising production in...
Tesla or General Motors? Check Out This Stunning Chart

Tesla or General Motors? Check Out This Stunning Chart

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General Motors (GM) exploded higher last week after highlighting electric vehicles and the concept for a flying car. This chart compares the price action of GM with Tesla (TSLA). It uses weekly candles and...
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