Some Wisdom from the Book of Proverbs …

Welcome To My Blog! If you’re new here, you may want to see my free members training … GET MY DAY TRADING TIPS, TRICKS, and STRATEGIES! Thanks for visiting today! – Dave KnightHello Traders, Do you want to be successful as a trader?  Then start with this word on your lips every day:  HUMBLENESS! Recently,…

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April 9th, 2012: Crude Oil Trading

Hello Traders, This was a very fast trading setup as I was watching the market today.  I saw a HVS SKY trading bar come in on the Long side, so I was looking to go short.   Overall, I took away 2 ticks on the trade.  It was very late in the trading day so…

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Trading Masters Wisdom – Another Visit with W. D. Gann

IMPORTANT: Hello Traders, In today’s weekly wisdom from the Trading Masters, I would like to revisit William Delbert Gann (June 6th, 1878 – June 14th, 1955). The quote I would like to take some time to visit today is the following:  “Do not overlook the fact that the 4th time the averages or an individual…

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April 5th, 2012: Trading Statement End of Trading Week

Hello Traders, During Wednesday’s trading, I tested live trading in front of the Crude Oil Inventory Report to no success.  It seems to me the best way to handle the weekly inventory report is to wait for the red report to come out, and then look to see if there is a trade. I was…

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Why Do We Really Read and Study Books?

Hello Traders, My mind wondered a bit today and it went to why do we read and study? The short answer we are looking for something … some answer … some solution to a problem we have come across.  By reading, we hope to find the answer to our problems. For instance Gann said, the…

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