Welcome to Traders Methodology

This site is here to help you get in the mindset to become a more successful trader. The hardest part is trying to figure out where to start. Below you will find tools that I use.



"The goal of a successful trader is to make the best trades. Money is secondary."

- Alexander Elder



"Don't focus on making money; focus on protecting what you have."

- Paul Tudor Jones






Its All About Setup

As you work on your skills, you will find that the majority of your successful trades are 90 % planning and 10 % follow through. What this means is, spend less time in a trade and more time analyzing your entry and exit strategy. Seeing your entire move ahead of time puts you in more control.



Incorporate these general Methods into your overall strategy

Moving averages, Fibonacci retracement, candlestick patterns. These are just to name a few. But what should you choose? Every trader has their favorite indicator. But don't get overwhelmed using too much. Start with something that makes sense to you, and keep with it. In time, you will see more and more.

Fundamentals take into account such things as supply and demand. How much of a role does Economics play? What is a COT report? How could a strong dollar impact the global market?

The market is global. As you read news and reports, think about the effects various things could have on a global scale. Try to anticipate how you could capitalize on your insight.

Keep up with political decisions. There may be changes to legislation that can influence the Market, sometimes in large ways. It is all about painting that big picture as you work on your own strategy.



Use Historical Data

With the help of technology, it has never been easier to obtain historical data. Build a greater sense of understanding by leveraging the past. There is no way to predict the future, but things that happened in the past can often times repeat themselves.








Use Some of My Favorite Resources to Get Started


I have included links to some free resources that I use regularly. Utilize tools like these to make yourself a more well rounded trader.