FREE - Get Our Highly Rated Price Action Trading Courses

ChartPros Market Insights

All Time Highs - to trade or not trade webinar replay

All Time Highs - to trade or not trade webinar replay

Learn the top strategies for trading all time highs and managing risk.

Many equities and indexes are at or near their tops. Trading all time highs (ATH) can be a risky proposition because there is less historical data available at these levels.

Join ChartPros for this informative and potentially money making/saving webinar replay to help boost your trading confidence, consistency, and trading results.

Market Insights Replay: 6 Fibonacci Types that Create the Most Precise Price Targets and Reversal Zones

Market Insights Replay: 6 Fibonacci Types that Create the Most Precise Price Targets and Reversal Zones

You're invited to join ChartPros Founder Tom Winterstein for a dynamic and fascinating presentation hosted by NinjaTrader as he covered the "magic" behind Fibonacci retracements and extensions. 

This was the first time Tom made this presentation since publishing his FREE Fib Guide so you won't want to miss it!

Recorded Thursday November 02, 2023 | 4:30pm ET

Watch Replay Now!

 

A Comprehensive Guide to Using a Stop Loss: Empowering Your Trading Strategy

A Comprehensive Guide to Using a Stop Loss: Empowering Your Trading Strategy
In your journey as a trader, you probably use a stop loss as a routine component of every trade. If you don't, you should consider using them because it's a critical tool that can make a significant difference in your trading outcomes. This comprehensive guide aims to provide an engaging and educational overview of a stop loss, potential benefits, types, and how to use it effectively amidst varying market conditions.

But before we dig any deeper you must know that a stop loss is not always guaranteed to get executed and most traders don't realize this.

How to Know When to Enter a Trade

How to Know When to Enter a Trade
A frequently asked question I routinely get is “Tom, when you have multiple levels of support/resistance, trend, or fibs how do you know which is the best level to use to get into a trade?”

The simple answer is I don’t. Nor, with any certainty does, anyone else.

“So what do you do” becomes the follow up question.

The Top Reasons Why Traders Fail and How to Overcome Common Pitfalls

The Top Reasons Why Traders Fail and How to Overcome Common Pitfalls

This article delves deep into the top reasons why traders fail and how you can overcome these challenges by focusing on your trading process of implementing trading rules, plans, and trading psychology rather than focusing on the outcomes of profits.

See how!

What's Your Trading Setup Look Like?

What's Your Trading Setup Look Like?

I often think about and wonder what and how technology could have reshaped our present lives if it existed centuries ago.  Along those lines, I wonder what sort of setup Jesus might have had if He used a computer. 

One of the most frequently asked questions I get is “Tom, what computer do you trade from and how many monitors do you have setup?”

My answer surprises most people and may surprise you as well...

Happy New Year! 2024 New Year Resolutions...

Happy New Year! 2024 New Year Resolutions...

Traditionally, many people make New Year's resolutions. Some promise themselves that they'll eat better, lose weight, behave nicer, stop bad habits, start new habits... You've probably been there done that.

But what about your trading? Have you made resolutions before? Like have more discipline? More patience? Stop chasing trades? Some may even consider quitting trading altogether?  

See what our New Year resolutions are...

Gear Up for 2024: Enhance Trading Outcomes with this Year-End Strategy

Gear Up for 2024: Enhance Trading Outcomes with this Year-End Strategy
You may have had similar thoughts as I have lately about year end trading strategies that could possibly help performance heading into 2024.
 
One of the first things that came to my mind was just taking the rest of the year off and coasting until January...  
 
That all changed when I learned about something unprecedented the other day and I immediately thought about all the traders I know with ambitious income goals like you!
 
What I'm about to share with you I've never seen or even heard of before. 

The Santa Claus Rally: An In-Depth Examination of Stock Market Seasonality and Interest Rate Correlation

The Santa Claus Rally: An In-Depth Examination of Stock Market Seasonality and Interest Rate Correlation

It's no secret that the Wall St. bulls have been large and in charge the past several weeks.  With two key news events upcoming this week can the trend continue?

Inflation related news is slated for Tuesday 8:30am eastern and the FOMC statement announcing whether interest rates will go up, down, or remain the same is set for Wednesday at 2pm eastern.

As the year draws to a close, investors' eyes start sparkling with anticipation for a phenomenon known as the "Santa Claus Rally". This is a compelling, historical market pattern that seems to bring the gift of favorable returns to the stock market.

But is it a reliable trend and did Santa come early this year?

Let's unwrap this intriguing concept, its potential causes, and its correlation with interest rates.

Have You Ever Thought About Quitting Your Job to Trade Full Time?

Have You Ever Thought About Quitting Your Job to Trade Full Time?

Trading is not easy, but can be life changing.

We seldom meet a trader who isn't passionate about generating supplemental income, or even better, someone who desires to quit their day job to become a full time trader.

But many find that can be easy to say but hard to do.

Free Guide: 6 Fibonacci Types that Create the Most Precise Price Targets and Reversal Zones

Free Guide: 6 Fibonacci Types that Create the Most Precise Price Targets and Reversal Zones

Most Fibonacci charts that we see posted on the internet are not drawn or used correctly.

Based on institutional algorithms this Free Guide will explain to you exactly what Fibonacci retracements and extensions are and how they should properly be used on your charts.

Download Your FREE Guide Now - Fibonacci Types that Create the Most Precise Price Targets and Reversal Zones

 

See How This ChartPros Trade Room Member Used Apex Trader Funding to Earn Over $1M in the last year!

See How This ChartPros Trade Room Member Used Apex Trader Funding to Earn Over $1M in the last year!

Vince Koehn, a long time ChartPros Trade Room member talks about his success with Apex Funded Trader program.

We frequently get asked about various funded trading programs and we've reviewed plenty of them but historically never participated in or recommended any of them.

Until recently.