“R” is a standardized unit for assessing the reward and risk of trading strategies and trades. It allows for strategy and trade comparison regardless of risk tolerance, account size, or time frame. Understanding R-related Terms for Trading Here are some […]
Candlesticks are one of the most common chart types. They visually show the high, low, open, and close prices for a given time frame. When the price moves up, the candle is white or green, when the price moves down […]
Slippage is the difference between the expected price and the actual price received on an order while trading. There’s a favorable and unfavorable slippage. Favorable slippage is when you get a better price than expected, while unfavorable slippage means you […]
The bid-ask spread is the price difference between where someone is willing to buy and where someone is willing to sell. The bid is the highest publicized price someone is willing to pay for an asset. The offer is the […]
Use this swing trading trade log to highlight weak areas in your trading. See areas for improvement. The formulas can even calculate your ideal position size for you. A swing trading trade log is for tracking trades, including basics like […]