Rookie Education
Options vs Stocks: Which One Wins in the Real World? Paid Members Public
When comparing options and stocks, we're essentially looking at two different tools for participating in the financial markets. Stocks represent actual ownership in a company, while options are contracts that give you rights related to a stock without requiring ownership. Each has distinct advantages and disadvantages that make
Understanding Data Review and Self-Improvement Paid Members Public
Data review and self-improvement is the systematic process of analyzing your trading performance to identify patterns, strengths, weaknesses, and opportunities for growth. It involves keeping detailed records of your trades, regularly reviewing both wins and losses, recognizing recurring patterns in your trading behavior, and using these insights to refine your
Understanding Execution Skills Paid Members Public
Execution skills refer to the practical abilities needed to place trades quickly, accurately, and efficiently when real money is on the line. These skills include knowing which order types to use in different situations, using hotkeys for rapid entries and exits, making decisions under pressure, and mastering your trading platform&
Understanding Market Fundamentals Paid Members Public
Market fundamentals are the economic, financial, and news-driven factors that influence stock prices beyond what you can see on technical charts. While price action shows you what is happening, fundamentals often explain why it's happening. These include company earnings reports, Federal Reserve decisions, economic data releases, and broader
Understanding Strategy Development Paid Members Public
Strategy development is the process of creating a clear, structured approach to trading that defines exactly how and when you'll enter and exit trades. A good trading strategy is like a detailed roadmap that guides your decisions in the market, removing guesswork and emotion from the equation. It
Understanding Trading Psychology Paid Members Public
Trading psychology refers to the emotional and mental state of a trader that influences their decision-making process. It encompasses how traders handle stress, fear, greed, and other emotions that can impact trading performance. While technical analysis and strategy are important, many experienced traders believe that psychology accounts for 80% or
Understanding Price Action Reading Paid Members Public
Price action reading is the skill of interpreting raw price movements on a chart without relying heavily on indicators or complex formulas. It focuses on what the market is actually doing rather than what indicators suggest it might do. Price action traders analyze candlestick patterns, price levels, and volume to
Understanding Technical Analysis Paid Members Public
Understanding Technical Analysis Introduction Technical analysis is the study of price charts and patterns to forecast future price movements. Unlike fundamental analysis, which examines a company's financial health or economic factors, technical analysis focuses solely on price action and trading volume. It's based on the premise
