What is Pyramiding? Pyramiding is an old trading strategy where a speculator adds to their position size by using margin from unrealized gains.  This trading strategy is based solely on the power of using leverage and was made popular by one of the greatest traders of all-time, Jesse Livermore. Example of  Pyramiding Strategy A pyramiding Read the full article →

Trading systems are the backbone for mechanical traders. Traders over time learn their strengths and weaknesses. This evolution process takes a trader ever more closer to the ultimate goal of profitability. This process requires quite a bit of bruising of one’s ego and bank account. However, at the end of this maturation a trader will Read the full article →

Which way is the Market Headed? You may be investing in the best and brightest stocks in the market and still wondering why you are down on your position. Understanding the stock markets direction is critical to any position you take in the market. Fighting the trend is a quick recipe for losing your money, Read the full article →

If you have landed on this page I assume you are looking for information around support and resistance strategies, support and resistance indicators, and how to identify support and resistance levels/ranges.  As a trader I think we all assume the standard rectangle with highs and lows makes up a trading range; however, there is so Read the full article →