The most reliable price swings are those following the point of realization of a trap.
My trading strategy aims to have me trading as one of the trappers, rather than one of the trapped. Does yours?



Happy trapping,
Lance Beggs
The most reliable price swings are those following the point of realization of a trap.
My trading strategy aims to have me trading as one of the trappers, rather than one of the trapped. Does yours?



Happy trapping,
Lance Beggs
3 losses in a row are tough. That’s about the most consecutive losses that novice traders are psychologically prepared to accept before they feel compelled to take action and ‘correct’ the situation. If you’re anything but a total newbie, I’m sure you’ll recognize the symptoms: Frustration – Why me? I’ve worked so hard. Everyone else…
I came across a great quote a week ago, which led to to part one of this short article series: https://yourtradingcoach.org/trading-process-and-strategy/self-deception-according-to-kierkegaard-part-1/ The quote: “There are two ways to be fooled: One is to believe what isn’t so; the other is to refuse to believe what is so.†…Søren Kierkegaard There are countless ways these two forms…
I get asked from time to time whether I ever “stop and reverse” a trade. That is, enter SHORT when stopped out of a LONG position. Or enter LONG when stopped out of a SHORT position. The reality is that I don’t do that often. The failure of one trade is usually NOT an…
Price Bar Reversal Patterns – The Pivot Point Reversal
An excerpt from a reader email: How should one trade when the market opens? I have found that it’s somewhat a guessing game which way the market will trend during the first 10 mins as it sometimes gaps down & then reverses & trends up for the rest of the day. Do you avoid the…
Every session contains learning opportunity! In fact… multiple learning opportunities. Review EVERY one of your trading sessions. And find something! Whether it’s in something you did poorly, something you did really well, or perhaps even something you missed entirely. There’s a lesson. Find it! Whether it’s a new insight. Or reinforcement of the basics. There’s…