One of the main reasons why aspiring profitable traders fail: They fucking overcomplicate EVERYTHING. A simple moving average system that is backtested with over 1000 trades and delivers a positive expectancy is way better than some complex system that’s not been tested. Don’t

The NASDAQ was choppy this morning, but it did have some good swings. You can see the yellow circles show the DELTA decreasing, and there is no Demand in the market at that time. nobstools.com/nobs-mastermin… #OrderFlow $Emini $NASDAQ $NQ #nq_f #daytrading $es_f #VWAP

The VWAP MAP is 39 points away from Day # 1, Day #2, and Day #3; this suggests there is a big move coming in the next 48 hours. We have consumer confidence tomorrow at 10:00am #OrderFlow $Emini $NASDAQ $NQ #nq_f #daytrading $es_f #VWAP

What it takes to be a winning trader aweber.com/t/LBElu

The NASDAQ had a Wild Ride Today with a very good V-Bottom and a rally to new session highs. The yellow circles below show the decrease in DELTA and the lack of demand in the market. nobstools.com/order-flow/tur… #OrderFlow $Emini $NASDAQ $NQ #nq_f #daytrading $es_f #VWAP

Buying after higher bottoms and selling after lower tops is the easiest way to enter in to trades on pull backs. Picking tops and bottoms is suckers game and is as good as trading breakouts which fail 85% of the time.

Don't underestimate the importance of emotional discipline because, without it, all trading systems and rules will simply not work. Emotional discipline is the most under- rated part of the trading process. Most traders focus on winning trades and forget about controlling

Most traders fail to see this, and it’s one of the most important Results: Overall, 21 trades were taken, 13 of those trades were losers, and 8 of the trades were Winners. 23 win units vs. 13 losing units = +10 units if each unit = $100 you made +1,000. Only 34% wins you profit.

How winning trades look on price action aweber.com/t/LmImI

The NASDAQ went up 450 ticks at the open and dropped 450 ticks right back to the opening range. If you look at the yellow circles, you can see the DELTA increasing, and there was no supply. nobstools.com/order-flow/tur… #OrderFlow $Emini $NASDAQ $NQ #nq_f #daytrading $es_f #VWAP

Nothing worse then being unprepared when the opportunity happens. Just like trading, you want to back test your rules so you are prepared when the setup occurs. If you don’t back test the rules, you will freeze when your setup arrives. Don’t be an impulsive trader.

People say I’m brutal when it comes to trading… No, I tell it like it is… trading is WAR. You are not receiving money from a brokerage… You are receiving it from somebody who was on the other side of your trade. What is the definition of war: “A state of armed

Trading is War aweber.com/t/Iv9Mw

Left to your own devices... you will destroy your trading account because you're still using the same tools and setups that blew out your first account. You need to drop everything and rebuild. If anything, you were using in the past was worth anything, you would not be

Here is the basic problem with traders. You have heard the essential rules of trading thousand times: Cut your losses short and let your profits run….and this is proven to work. But the human brain is wired to lose. Do you know why? Because the human brain wants to be

The NASDAQ opened up at 9:30 am EST, and Bids were getting hit until 11:00 am EST, and the market dropped 1,247 ticks before bouncing. Notice that the yellow circles show the decrease in DELTA. nobstools.com/nobs-mastermin… #OrderFlow $Emini $NASDAQ $NQ #nq_f #daytrading $es_f #VWAP

You stay in the game by cutting your losses. You are a success because you let your winners run. You don't become a successful trader because you know some secret. You're successful because you learn to read price action.

Many traders hold on to losing trades for too long and take profits too soon. Limit your losses quickly. You can always get back into a trade. Go back and study your winning trades; the winners start working immediately.

The NASDAQ was chopping most of the session and made lower lows with lower highs after the opening. Notice the yellow circles show DELTA decreasing and there is no demand in the market. nobstools.com/order-flow/tur… #OrderFlow $Emini $NASDAQ $NQ #nq_f #daytrading $es_f #VWAP

You are not going to understand trading totally until you experience it. You have to go through the cycles of losing trades and drawdowns because you only grow as a trader when you trade yourself out of a drawdown. You don't grow from winners, you grow from losing trades.