Trading Articles - Start Getting Educated

Increase your knowledge by learning more
- here are some of Peter Mathers trading articles: psychology, volume, safety and especially the TradingLevels® and Elliott Wave. This is a great kickstart to your trading education.

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50 Common Trading Mistakes    RECOMMENDED TRADING ARTICLE
Trading Article 1: Our belief about money is a problem. It’s our safety, security, even our happiness. All these things and more – it cuts deep into the psyche, so when we enter a trade, it’s not only money going to market, it’s all our beliefs about money that we end up trading. A part of us has entered the market and when the market is going up and down, so are we, we are on an emotional roller coaster trying to make rational decisions, failure is not far. Read 50 Common Trading Mistakes »

Elliott Wave Theory (3) – Advanced Development    RECOMMENDED TRADING ARTICLE
Trading Articles 2: The Elliott Wave Theory was developed by Ralph Nelson Elliott around 1930. Elliott first noted in the Dow, six degrees of trend that could improve upon the most popular theory of the day – the Dow Theory. Elliott could identify minor, medium and major turning points whereas the Dow Theory lacked this accuracy. The Elliott Wave has created rules for degrees of wave structures. These waves can also be explained in psychological terms. Register to read trading article. Understand why the TradingLevels® helps you understand Elliott Wave »

The Robo Method can be very handy and versatile in the many aspects in trading (3) RECOMMENDED TRADING ARTICLE
Trading Article 3: Use it with all of the TradingLevels® – Major, Medium, Minor and even sub minor, for entries, adding and exits. Of course with discernment use the market depth and look for the large orders to place stops, but most of the time they will be sitting at the Levels.  Also reading the volume will help to confirm ...»

Why Keep a Trading Journal?   RECOMMENDEDTRADING ARTICLE
Trading Article 4: It is imperative that you keep a Trading Journal. This is not a new practice and all successful traders keep records of their past traders. Why is it so important? The simple answer is we have to develop a "learning loop". A learning loop is an attempted performance, followed by...»

The Gold Rush
Gold offered some of the best trading opportunities. While the US 30 displayed an overlapping wave structure since July 2007, Gold has just powered up during this same time frame from around July 2007. Gold had such a strong Bull Run from 650 to 900 that we expected traders to push it up to the finish line at USS$1000 per ounce. Read this trading article to sample of our analysis »

Shorting CBA
Trading Article 5: All good things come to an end; the trend up from 2700 to 6800 has ended. Trends simply need to rebalance before moving off again, the first correction at 5000 was simply too small to rebalance the trend up from 2700. Another trading article sample of our analysis »

More on the Robo Method (2)   RECOMMENDED TRADING ARTICLE
Trading Article 6: I thought I would mention the Robo method because there are stocks that are good to short and after being in a big bull market for a long time we can get stuck only being long, and many traders have CFD accounts. (Subscribers only – get instant 24 hour Access All Areas) Read More »

The Robo Method of Trading (1)   RECOMMENDED TRADING ARTICLE
This method has been developed by Peter Mathers and is used in day trading and position trading. It has very clear entry, exit and trailing stops to maximise profits and manage risk. Make sure you benefit from this online trading education.(Subscribers only – get instant 24 hour Access All Areas) Read More »

Elliott Wave (2) – Diving deeper into the Wave
Trading Article 7: Recognising the personalities of each wave can be helpful in avoiding bull and bear traps.In the last article we viewed a weekly bar chart of the euro versus the US dollar. I thought it would be a good idea to follow on with that chart to see how the Elliott Wave count is unfolding. I’d also like to use it as an example to explain two types of common corrections the Zigzag and the Expanded Flat...»

Playing it Safe   RECOMMENDED TRADING ARTICLE
Trading Article 8: Understanding money management methods will assist in creating the successful trading method you use and can increase profits by reducing unnecessary risk. Once you realize that a stop loss must always be in place then position sizing can become a reality. The end goal with money management is to create a smooth equity curve... »

Elliott Wave (1) – Order in the Chaos
Trading Article 9: Elliott Wave represents a natural law of human behavior in financial markets – an unfolding tapestry of emotion that binds the nature of man to seemingly chaotic order. It does hint at the questions: is life preordained, is it accurate and do the markets follow suit?

Warning Signals
Trading Article 10: After teaching traders for a while you get to notice typical trading patterns. I see a lot of traders struggling with the effects of their emotional trading decisions and not taking the time out to look deeper into the cause of their behaviour. There are underlying layers of thought that make us see and trade in certain ways...»

Aussie Rules
Trading Article 11: The Aussie 200 is perfect for practicing and developing your day trading skills, because owning one contract is equal to one dollar per point. And once you have a good understanding and feel of where the market is expected to move in a session and have your keyboard skills down pat you’ll be on your way. Find out how to develop your trading skills here...»

Turn up the Volume   RECOMMENDED TRADING ARTICLE
Trading Article 12: It’s been stated that every thing you need to know is in the price, the fuel of price is volume. Consider volume as tide rising and falling. And, not being dumped by the small waves bouncing off the shore in the rising tide. Reading trading article volume is like knowing when its high tide...»

The Golden Ratio Behind TradingLevels®
Trading Article 13: The Trading Levels® are based on the golden ratio of .618 applied to price. In the previous article we talked about trade management along with viewing whole numbers as psychological levels where traders tend to enter and exit trades. This article will elaborate on what these numbers are – we have coined the term ‘Trading Levels®’. Find out about these psychological trading levels...»

Managing your Trades
Trading Article 14: Trading – the digital mind game, where markets are formed from the minds of men. Their comings and goings, on mass – is what we track. Accumulation and distribution, supply and demand, going this way and that. Bell curves, indicators and chart patterns – it’s all about anticipating where its at!
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