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.
Median Lines and Finding The Right Path
When it comes to learning about markets and trading, finding the right path and committing to it is the hardest part. The right path has little to do with any...
Defining Target for Risk Reward: Maybe you shouldn’t?
The trade plan is broken up into parts. We have an objective and consistent entry, stop, and exit plan. Here I will be talking about the exit plan and setting...
What Is an Expanding Swing?
Markets move in contraction/expansion. Small swings can be thought of as a form of contraction and the bigger swing is a form of expansion. An Expanded Swing is simply a...
Review: Did You Make a Clear Plan? Did You Follow That Plan?
We can break up the review section of the trading into several distinct sections. 1. Review for discipline and personal insight2. Review for performance (statistics)3. Review for market insight4. Review...
Position Sizing: Learning to Lose
Position sizing is one of the components of a trading plan, and it's important to be just as disciplined and consistent with this as with all other parts of the...
Market Structure: Seeing In Swings
Market Structure is simply making distinctions in price flow. its putting structure around what looks like chaos so that we have a way to measure and orient ourselves to any...