Featured Video
Predicting Price Action
As traders, we all want to know where price is going to go after we get our buy or sell signal. The MetaStock FORECASTER is designed to help understand the tendency of price after the technical set up occurs.
Featured Article
A Lesson in Trading Psychology
by Brett N. Steenbarger, Ph.D.
Back in 2004, I joined Kingstree Trading, LLC, a proprietary trading firm in Chicago. There, I had the good fortune to get to know--and observe--many successful traders at work. One lesson particularly stands out in my mind. A trader saw buying come into the market, and he quickly jumped on board. He saw that the odds of taking out a recent high were good, given the size of the buying. To his surprise, however, the trade stalled out before the target and reversed. He quickly exited with a tick...
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