Beginner Guide
Step-by-step roadmaps for traders starting funded challenges.
The Rounding Bottom Pattern: How to Identify and Trade It
Short answer: a rounding bottom pattern is a slow, bowl-shaped bullish reversal. It forms when a decline decelerates, flattens into a quiet floor, then curls back up at a gradually steepening…
What Is the Santa Claus Rally? A Practical Guide for Index and Forex Traders
Short answer: the Santa Claus rally is the tendency of the US stock market to drift higher over a seven-session window. That window runs from the fifth-to-last session of December through the…
Supertrend Indicator: How It Works, Where It Breaks, and How to Trade It
Short answer: the supertrend indicator is a trend-following tool that draws one line above or below price. The line sits a multiple of average true range (ATR) away from the bar midpoint. When…
What is a Market Maker? Understanding Their Role in Financial Markets
Short answer: a market maker is a firm that continuously quotes buy and sell prices for an instrument and trades at those prices with whoever accepts them. If you are asking what is a market maker…
What Is a Short Position? How Shorting Works in Forex and CFDs
Short answer: a short position is a trade that makes money when the price falls and loses money when it rises. If you are asking what is a short position in plain terms, it is the sell side of a…
What is Anchored VWAP and How to Use It Effectively
The definition comes first. Anchored VWAP is the volume-weighted average price calculated from a user-chosen market event rather than from the session open. The anchor can be a swing high, swing…
Best Day of the Week to Trade: What the Structure Actually Suggests
Short answer: there is no reliably best day of the week to trade, and any source claiming one without naming its market, period and sample should be treated sceptically. What does hold up is that…
Bollinger Bands Strategy: A Comprehensive Guide for Traders
Short answer: a bollinger bands strategy uses three lines, a moving average with an upper and lower band placed a set number of standard deviations away. The bands widen when volatility rises and…
Can You Use ChatGPT for Trading? What It Does Well and Where It Fails
Short answer: can you use chatgpt for trading has a qualified yes as an answer. It is genuinely useful for explaining concepts, drafting and reviewing code, structuring a plan, and summarising…
The Commitments of Traders (COT) Report: A Comprehensive Guide
Short answer: the COT report is a weekly breakdown of open futures and options positions published by the US Commodity Futures Trading Commission. It groups positions by type of trader, so you can…
Gap Trading Strategies: How to Navigate Market Gaps Effectively
Short answer: a gap trading strategy exploits the space on a chart where price opens away from the previous close with no trading in between. Gaps form when information arrives while the market is…
Inside Bar Trading: A Comprehensive Guide
Short answer: an inside bar is a candle whose entire range sits within the range of the candle before it. The larger preceding candle is called the mother bar. The inside bar pattern records a…