This is for every one of you who hate finishing a day in the red…







Happy trading,
Lance Beggs
This is for every one of you who hate finishing a day in the red…







Happy trading,
Lance Beggs
My current business practice is for the use of an electronic trading journal spreadsheet, plus hardcopy printouts of charts. For those though who prefer to operate all electronic, saving on folder after folder of hardcopy printouts cluttering your trading office, the following is a simple Excel trick to allow you to easily find the chart image…
Part One is here if you missed it – https://yourtradingcoach.org/trading-business/my-go-to-method-for-solving-trading-problems/ In that article I presented a three question framework which I use to seek solutions to any of my trading problems. Can I avoid the problem? Can I reduce the frequency? Can I reduce the consequences? Or in simpler English: Is there something I can do…
Before you even think about strategy… Reduce the risk of single trade catastrophic failure. Stop losses are essential. If you think you can operate without them, leave my site now. Unsubscribe. Professional traders respect the risk within the market. If your platform does not allow for automatic submission of stop loss orders when your entry…
Trading stopped for me yesterday (22nd December) and will not recommence till the first Tuesday in the new year. Yes, markets are open during this period, but with many professional and institutional participants on holidays, volumes will be lighter and any opportunity will be lower probability. I prefer to take a break rather than…
Today I want to share with you some examples of the work done by Johnny, as he learns to read and trade the charts as taught in the YTC Price Action Trader ebook series. Chapter 17 of Volume 5 of the ebook series provides a graduated development plan. Before you trade live you must prove…
Let’s look at a slight variation of the “One Week Five Innings†concept discussed over the last two years. The background first for those who might have missed it: Article 1: One Week – Five Innings – Show Me How Good You Are! Article 2: One Week – Five Innings – Part 2 These articles asked you…