Live Trading Of “The Perfect Day Trading Setup”

In my last blog post I introduced Spread Trading NQ/TF, which I think is the perfect day trading setup. We received many questions around this strategy, and my head coach Mark Hodge recorded the last 2 trading sessions trading this spread live. When you first see this strategy in action, it might look confusing, but […]

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The Perfect Day Trading Setup?

Estimated Reading Time: 7 Minutes Does the perfect day trading setup exist? First of all, what does “perfect” mean? The perfect day trading setup is NOT a trading strategy that never loses. Actually, that would be great, but it’s a dream. It doesn’t exist. When trading, losses are part of our business as traders. So […]

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Why You Buy Stuff You Don’t Need

Estimated Reading Time: 5 Minutes A few months ago we moved into the lake house. And it’s embarrassing, but I still have a lot of boxes from my old office that I haven’t unpacked. I keep moving the boxes from one side to the other in my new office, but somehow I don’t have the […]

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2 Arbitrage Trading – Trade Without Risk?

Estimates Reading Time: 8 minutes. One day the young trading apprentice approached his master and looked defeated. “Master, I understand that losses are part of my life as a trader. But I’m getting sick and tired of losing. I wish there was a way to trade WITHOUT risk.” The old Trading Master smiled. He has […]

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Five Reasons Why You MUST Backtest Trading Strategies

Estimated Reading Time : 6 Minutes Why should you backtest trading strategies? After all, most of the trading strategies that you buy or read about on websites, in eBooks or in forums already come with a detailed performance report. Why can’t you just trust these numbers and start trading the strategy? Does it make sense […]

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Seasonal Spreads – A Great Way To Trade

Estimated Reading Time: 6 min. Have you heard about “Seasonal Spreads?” Seasonal Spreads are a great way to trade, because …. You can trade seasonal spreads on a small account, You need only a few minutes per week, You can trade them in addition to your current strategies. Does Seasonality Really Exist? You bet it […]

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Trade Like Van Halen

Estimated Reading Time: 4 min. A few weeks ago I was in Colorado Springs to visit my friends at Trade Navigator. I asked the founder and president Glen Larson to do a special webinar for Rockwell Club Members only, and he talked about what he learned from from programming and working with some of the […]

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Three Steps To Improve Your Trading

Estimated Reading Time: 5 min. Many traders struggle to make consistent profits. And so they keep looking for another strategy, another course, another trading robot, …. just ANYTHING that might improve their trading. And that’s why many traders spent more time and money on strategies, eBooks, indicators and courses, until they have no funds left […]

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Swing Trading Options – Part 3

Estimated Reading Time: 5 Minutes. In the previous two blog posts we talked about some simple strategies for BUYING AND SELLING OPTIONS. In this blog post we will discuss more advanced options trading strategies: Vertical Spreads and Straddles and Strangles. Don’t worry! I’ll keep it simple 🙂 Strategy 1: “Vertical Spreads” When trading a vertical […]

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Swing Trading Options – Part 2

Estimated Reading Time: 5 Minutes. In my previous blog post we talked about BUYING OPTIONS. In this blog post we will discuss why some traders prefer to sell options, and review two basic strategies for SELLING OPTIONS. As discussed in the previous blog post, the buyer of an option has to PAY the price of the […]

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Swing Trading Options – Part 1

Estimated Reading Time: 4 Minutes. Lately I have been getting a lot of questions around swing trading options. When swing trading options, there are two basic approaches: You can BUY options or You can SELL options. Both approaches have pros and cons, and in this blog post we will focus on BUYING OPTIONS. Buying Options […]

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How To Trade With Confidence – Part 2

Estimated Reading Time: 5 Minutes In my previous blog post we talked about using “I will” statements to boost your confidence as a trader. Reading your “I will statements” aloud will help you to start the trading sessions with lots of energy. But as you start trading, your energy might decrease. And even though you […]

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How To Trade With Confidence – Developing A Winning Mindset

Estimated Reading Time: 4 Minutes Self-Confidence is an essential element in any business venture. This is especially true if your business is day trading, since psychology plays such a major role. In this blog post, I want to share a few things that helped me change and improve my mindset as a day trader, develop […]

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Trading Tools And Resources

Below is a list of trading tools and resources that I personally use. Thought this might be helps. I’ll update this page frequently, so make sure to bookmark this page and check it out from time to time. Cool Tools http://clocx.net – The famous clock that you see on our screens. It’s a “floating clock” […]

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Trader Tax Expert Robert Green

Trader Tax Status Other Tax Benefits For Active Traders

Have you heard of the “Trader Tax Status?” Do you know that as as trader, there are many tax breaks and benefits available to you? Unfortunately most traders don’t take advantage of all available tax breaks. This could cost you thousands! It doesn’t matter if you are new to trading or have been trading for […]

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1 My Favorite Trading Books

Estimated Reading Time: 3 minutes I often receive emails asking me to recommend some trading books. Over the years, I have bought dozens of trading books, and here are my 5 favorite books: Reminiscences of a Stock Operator One of my favorite trading books. This is the story of Jesse Livermore, a remarkable character who […]

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10 Steps To Become A Trader

Estimated Reading Time: 6 minutes These days there are many people who want to become a trader. But as you know, it’s not that easy! Every day I am getting emails from traders who tell me that they have invested a lot of money on systems, strategies and courses, spent countless hours in front of […]

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6 Trading Plan

The Difference Between A Trading Strategy And A Trading Plan

The Difference Between A Trading Strategy And A Trading Plan A solid trading plan is the cornerstone of your trading business. Many traders think that all they need is a trading strategy. This is NOT the case! Let me explain the difference between a trading strategy and a trading plan. First, let’s talk about… What […]

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10 Answers To The Biggest Market Questions

I found THIS today on the Internet and wanted to share it with you. I think it’s pretty funny. As part of my continuing commitment to public service, here are the answers to the biggest questions about the markets. You can finally stop asking them. Why did the market do X? There are so many participants […]

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3 important things you need to know about the markets this week - Rockwell Trading

Day Trading In August (Rant Enclosed)

Ok, I have to share THIS video with you. Here’s what happened: Yesterday morning I was in our Live Trading Room. As always, Rollie started with his famous pre-market analysis, and then he handed it over to me to trade the markets. As usual, before handing the mic and the screen off to me, he […]

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