Tonight’s Weekly Market Update features MTPredictor developer Steve Griffiths as he takes you through some standard trade setups in the US eminis last week. He also covers how we spot additional advanced trade setups using the tools in the MTPredictor trading software. While there were some massive profits to be had on this particular day, [...]
Trading is all about managing risk. If you can become good at managing risk, you can have long-term success in trading. If you never learn this critical aspect of trading, you are doomed to the same fate as those 95% of traders who are failing to make consistent profits. Check out today’s MTPredictor trading webinar [...]
The US stock market continued its correction last week and may not be over however, we have some interesting things that will come into play this week. First, we have the end of tax season after April 15th. This event has preceded turns in the market in the past. Second, we are in the midst [...]
In today’s MTPredictor trading webinar, we look at the proper way to manage risk when the volatility picks up. Managing initial risk during these times is even more critical. Unfortunately, most traders are not good at managing this initial risk even in quiet markets. When the volatility picks up, these traders get washed out due [...]
In last week’s MTPredictor Weekly Market Update, I talked about the potential for a market correction coming due to the fact that the S&P was in a major resistance area. This coupled with the announcement that many hedge funds reported they were lightening up on longs, including some of the commodities such as oil and [...]
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