Better Trading Series Archives

Pattern Recognition: Moving Average Breakout

Pattern: Moving Average Breakout One of the first technical analysis indicators beginners are taught is the basic moving average crossover system. In nicely trending markets this method works extremely well. However, markets only trend about 25% of the time. It’s the other 75% that a normal moving average crossover will cause your account to bleed […]

Pattern Recognition: Channel Breakout

Pattern: Channel Breakout The Channel Breakout technique is a simple, robust trading method made famous by the Turtles Traders. It’s a profitable pattern favoured by many great traders and money managers. Like the Moving Average Breakout method, the Channel Breakout attempts to catch the early trend. As a result, whipsaw is a high probability as […]

Pattern Recognition: Divergence

Pattern: Divergence Divergence is a trend reversal entry. As the trade is against the trend, there’s no need for a trend filter. There are 3 types of Divergence: Type A Bullish: Prices reach new secondary low while indicator puts in higher secondary low. Type A Bearish: Prices reach new secondary peak while indicator puts in […]

Diversifying With Bonds by Liz Moran

Liz Moran is a nationally recognised expert on fixed income assets or bonds. She is a regular contributor to The Australian newspaper and InvestSmart and she is the author of The Australian Guide to Fixed Income. Basically she’s Australia’s leading Bond Expert. As an investor, I wanted to know more about bonds and how Nick […]

Trading With Divergence

The world of Technical Analysis is saturated with indicators, oscillators, lines and other weird and wonderful esoteric attempts at finding the Holy Grail. There are a couple of absolutes; price and volume. Together, with time, patience and a level head, these tend to be all we need to be successful in the markets. There is […]

Swing Trading – How to Trade Swing Patterns

Swing Trading is a popular form of short term trading that requires an entry against the immediate direction of price. In this video Nick Radge, The Chartist, explains two swing trading setups. These include specific rules to follow, that he has used for over 25 years and continues to use today. The rules can be […]

How To Create A High Winning Percentage Strategy

Last week we highlighted the Oops! pattern which appeared in Larry Williams’ popular book, ‘Long Term Secrets To Short Term Trading’. One of the reasons why the book was so popular is because many of the patterns and setups shown all had extremely high win rates, which is exactly what retail traders want, or think, […]

Review and Assess Your Trading Strategies

Every so often we sit back and assess performance of various strategies, including the discretionary setups from our popular Playbook. For a further look into the setups have a look at our course New Traders Blueprint. When assessing these we look at the market conditions prevailing at the time, position of the setup within the […]

How You Can Win at Trading

How to win at trading: the hardest concept for a new trader to grasp is dealing with losses. Learn to deal with losses and you will win at trading. Sounds odd, right? The real key to success that every professional trader knows and understands is discussed in this brief video. If you really want to […]

Commission Drag; Managing Your Trading Expenses

Commission drag is often an unknown factor for new traders. However it is essential and any professional trader will be able to tell you their figure. So what is commission drag? It’s the cost of trading. Like any business you need to assess all revenue and expenses to determine if you’re on the road to […]