Trader Mentality is about changing the way traders trade by providing a written and illustrated point of reference to expand your trading abilities, for free.

(Testimonials)

Basics of Trading

  • The Best Brokers for Most Given Situations
    The Best Brokers for Most Given Situations
    Bottom line, you can't even start trading if you don't have an account with a broker. Choosing a broker requires a lot of contemplation, and not all brokerages are the right fit for all traders. This one's a doozy, so strap in, we're going to go through a lot.
  • Recovering From a Sizable Loss - Techniques and Tendencies
    Recovering From a Sizable Loss - Techniques and Tendencies
    So you got your ass beat by the stock market? Welcome to club 🙂 The majority of truly successful traders have taken their fair share of losses. Whether we like it or not, losing and being wrong are both part of this business. How you handle those losses could make or break you as a trader.
  • The Intraday Schedule of the Stock Market
    The Intraday Schedule of the Stock Market
    In today's market, a trader's day can range from just a few minutes to more than 12 hours. Understanding the "schedule" of the market, in addition to key intraday reversal times, can make it much easier to find the best times to get in and get out as a day trader. Couple time related data with technical indicators, chart patterns, or any combination of strategies, and you've got a recipe for a nice cake. 🙂

Trading Strategy

  • Searching for Conviction
    Searching for Conviction
    Conviction doesn't come from a book or a DVD. It doesn't come from watching others trade, or following the trades of others. It isn't something you can read and master through study. Conviction is essentially the confidence that you hold both for yourself, and for your overall perception of the situation at hand. How much do you believe in your ability to determine the direction (or future direction) of a stock? Probably the most dangerous threat to your career as a stock trader is the failure to develop confidence in your own trading.
  • Trading Using Multiple Time Frames
    Trading Using Multiple Time Frames
    Patterns exist on every time frame. For day traders, the 1, 3, or 5 min chart may be all that you feel is of use to you, but higher time frames may help you to see the bigger picture, or overall direction of price action. Patterns, momentum, volume, and readings on indicators all will vary by time frame. It's important that you be aware of what you see and on which time frame you see it.
  • Key Intraday Reversal Times
    Key Intraday Reversal Times
    Intraday reversal times are specific times throughout daily sessions that the market is much more likely to reverse price action or stall the most recent pattern. These reversals may not always be huge moves or even trend reversals, but a reversal in price action. Sometimes that reversal can trigger a massive move. Other times, the reversal is simply a return to retouch the trend line. These can happen regularly as a result of the way Wall Street functions, in addition to market maker activity.

Technical Analysis

  • Parabolic SAR: Understand and Apply
    Parabolic SAR: Understand and Apply
    Several indicators can be used to assist in predicting future price action, but few are as easy to interpret or are as useful as the parabolic SAR.The parabolic SAR (Stop and Reverse) is an indicator often used by traders to determine the direction of future price action, and the point on the chart when this momentum shift has a higher-than-average probability of taking place.
  • Understanding Fibonacci
    Understanding Fibonacci
    Here we go... absorb this like a sponge. If you are not somewhat familiar with Fibonnaci, this could quite honestly change the way you look at charts forever.
  • How to Trade the Falling Wedge Pattern
    How to Trade the Falling Wedge Pattern
    The Falling Wedge is a bullish chart pattern that is formed with a wide formation at the top and contracts as the pattern matures. The overall price action forms a down-sloping wedge as the support and resistance trend lines converge.

Interviews with Traders

  • Interview with a Trader: Inside the Mind of RobInTheBlack
    Interview with a Trader: Inside the Mind of RobInTheBlack
    In this candid and detailed interview, Rob (RobInTheBlack) discusses his development of his broadening formations strategy, quantifying and automating trading, as well as his trading rules breakdown.
  • Interview with a Trader: Inside the Mind of Steve Burns
    Interview with a Trader: Inside the Mind of Steve Burns
    Steve Burns has been successfully investing in the stock market for more than 20 years, and has been an active trader for over 14 of those years. He is the author of 13 trading books in total, 6 of which are #1 best sellers on Amazon.com in the Stock Market Investing Category.
  • Interview with a Trader: Inside the Mind of Tom Wrigley
    Interview with a Trader: Inside the Mind of Tom Wrigley
    An inspiring and insightful interview featuring 15 year trading vet and brilliant financial mind, Tom Wrigley. Tom shares his tendencies, successfuls and downfalls.