TRADE CRAFT
Trading is an art. As in any artform, skill comes through application and practice. This is how we approach the craft of trading at Language of Markets. Here, in Trade Craft, you'll find a collection of posts that demonstrate our approach.
Foundations of Trading Part 5: Trading Journals
Each trader has their own brand of crazy and we need to see it all cause we can't improve what we don't see. The main purpose of a trading journal...
Foundations of Trading Part 4: Trade Planning
We make a trade plan, execute, then evaluate to see what we can learn about price and ourselves. Making and documenting a trade plan helps us to clarify what it...
Foundations of Trading Part 3: Andrews Median Line Tools
The Andrews Median Line is a simple tool that can be applied any instrument in any time frame. It beautifully describes and projects the process of a swing cycle. The...
Foundations of Trading Part 1: Preserving Your Capital
This is the first in a series of foundational lessons on the principles of trading. These foundational lessons are relevant to any instrument, time frame or methods that you use....
Understanding the Median Line Setup
A Median Line Setup is a a set of conditions that come together in such a way as to allow you to realize your objective. The thing to remember is...
What Is a Median Line?
In order to trade more effectively we need to have a thorough understanding of our tools. This brings me to the Median Line Set which is a widely misunderstood tool....