How to Enter a Limit Order on thinkorswim® A crucial aspect of entering a trade is what type of order we use and how we place that order. It sounds rudimentary, but many traders use market orders to get in and out of the market. That tendency puts you at a distinct disadvantage. Why? Look … Read more
Decoding Price Movements and Rhythm Today we will dive into the power that volatility and time have when you’re day trading. Time and volatility have both been notoriously tricky to understand. We know there’s volatility on the open to about 10 o’clock Eastern. We know by lunchtime, we could see a drop in volatility. And … Read more
Setting Alerts on Options As the summer continues, so does our summer school series. Last week we talked about setting a price alert in thinkorswim® (TOS). Today I will show you how to place a different kind of alert. Most of us place alerts based on the underlying price of the S&P futures, apple stock, … Read more
How To Identify Market Structure Today, we will talk about a phrase that is a little bit of a “techno babble”, but it’s a common and important one. It is market structure. This concept dates back to Charles Dow in the late 1800s when he taught traders how to understand that there are four different … Read more
Part 1: How to Set Alerts in thinkorswim® As traders, there are questions we will run into that have nothing to do with indicators, settings, strategies as when to enter a trade, targets, and stops. Those questions are often more about how to utilize our platforms. With so many features, it can quickly become overwhelming … Read more
Managing trades when they don’t go your way As traders, we are looking to win, and taking profits is what we are here to do. If only things were that simple. Understanding how to manage losses is equally a part of trading. What happens when we’re wrong? How do we control risk? The risk of … Read more
A Day Trade with Raghee If you have not heard it already, you’re getting it from the source. In the next few weeks, we will be adding (not replacing) day trading to what we’re already doing in the Sector Secrets Mastery. Keep an eye out for that updated schedule! In the meantime… Let’s look at … Read more
Volatility and Time as an Asset HPMR has become a bit of a buzz so we want to make sure you have had a chance to dive deeply into how hourly price movements can change how you day trade. Check out this “How to” article HERE.
Making Volatility an Asset Everyone is talking about my HPMR indicator and asking how it works. To help you understand what it is and how to use it in your day trading tool kit… Check out this “How to” article HERE.