The Doctor's Dose
Why Traders Who Choose My Income Trading Boot Camp Become Savvy Market Operators
Becoming a successful trader takes more than market knowledge or the ability to read charts — it requires a disciplined approach, structured strategies, and psychological resilience to stay in the game for the long run. My Income Trading Boot Camp, Coaching Program,...
Mastering Trader Psychology 2: More Psychological Hurdles to Conquer
My last article explored traders' common psychological hurdles: FOMO, loss aversion, and overconfidence. These are foundational challenges, but trading psychology goes even deeper. Today, let’s tackle three additional hurdles that can sabotage even the most...
Trader Psychology Part One: Overcoming Three Major Psychological Hurdles
Overcoming Psychological Hurdles in Trading Trading can be one of the most mentally challenging careers, requiring discipline, quick decision-making, and resilience. While technical knowledge is essential, the mental side of trading often separates success from...
Getting Started in Day Trading: What You Need to Begin
Day trading is both challenging and potentially rewarding, allowing traders to capitalize on short-term price movements in the financial markets. However, it requires more than just a desire to trade — it demands discipline, knowledge, and the right tools. Here’s what...
Why Day Traders Often Make Money in the Morning and Lose Money in the Afternoon
The life of a day trader is marked by constant decision-making, rapid execution, and the thrill of the markets. However, one interesting and often frustrating pattern emerges for many traders: profits come in the morning, and losses hit in the afternoon. Understanding...
Why AAPL is a Great Stock to Trade in the Premarket and at the Opening Bell
Apple Inc. (AAPL) is one of the most traded stocks in the world, with robust daily volume, high liquidity, and a well-established reputation for innovation. For day traders, AAPL’s premarket and opening bell periods offer unique opportunities for quick, potentially...
Will Presidential Election Week Be Difficult for Day Traders to Profit From?
As we approach November 4, 2024, the U.S. presidential election is top of mind for many market participants. Election week historically brings a heightened sense of anticipation, with traders reacting to potential policy shifts and geopolitical implications. For day...
Trump vs. Harris: How the 2024 Election Could Reshape the Trading Landscape
The 2024 U.S. presidential election could have significant implications for the trading landscape, as each candidate may pursue distinct economic policies that affect market sentiment, industry regulations, and investment strategies. Here’s a breakdown of what might...
Why Mondays Are Not Ideal for Day Trading the Stock Market
Day trading on Mondays can be challenging, as this first day of the week often lacks the ideal conditions many traders seek. While it may seem logical to start trading on Monday to capture new trends or benefit from weekend news, the reality is that Mondays frequently...
Floor Trader Pivot Lines
What Are Floor Trader Pivot Lines? Floor Trader Pivot Lines are a series of price levels that act as potential areas of support or resistance during a trading session. These levels are calculated based on the previous day's high, low, and close prices, giving traders...
Getting started in Day Trading – How Much Money Do I need?
Minimum capital for day trading When starting day trading, one of the first questions new traders ask is, “How much money do I need to get started?” The answer depends on several factors, including the type of assets you want to trade, the market you’re trading in,...
Do I Need a Margin Account to Day Trade? Essential Guide for New Traders
One of the most common questions for new traders is whether a margin account is necessary to day trade. The answer? It depends on your trading goals, the type of account you have, and, importantly, the regulatory requirements set by the SEC. What Is a Margin Account?...
How to Pick a Trading Computer
The Best Trading Computer When it comes to day trading, having the right setup can significantly improve your performance. The ideal setup allows you to quickly analyze the market, execute trades with precision, and stay connected without lag or interruption. This...
My Favorite Indicator
https://vimeo.com/989757250/7302fb49ff