Averaging Down Can lead to huge losses | TradingSim

7 min read

Averaging Down Can Lead To Huge Losses

Averaging down is the popular way to describe buying more of a position as a stock goes down. It’s akin to seeing something you think is valuable in...

Averaging Down Can Lead To Huge Losses
The Backside of a Trade: When to Go Short | TradingSim

10 min read

The Backside of a Trade: When to Go Short

As day traders, the biggest dilemma we will ever face is our own errors. That is, knowing what not to do, and yet still doing it. Lack of...

The Backside of a Trade: When to Go Short
Harami Candlestick Strategies | TradingSim

8 min read

4 Powerful Harami Candlestick Trading Strategies

The Harami candlestick pattern is usually considered more of a secondary candlestick pattern. These are not as powerful as the formations we went...

4 Powerful Harami Candlestick Trading Strategies
Abandoned Baby Candlestick | TradingSim

7 min read

The Abandoned Baby Candlestick Trading Pattern: Bullish & Bearish

We have discussed a number of candlestick patterns on the Tradingsim blog. If you haven’t checked out our other resources be sure to do so, you’ll...

The Abandoned Baby Candlestick Trading Pattern: Bullish & Bearish
Three White Soldiers | TradingSim

6 min read

Three White Soldiers: 3 Things You Must Consider Before Trading

The Three White Soldiers pattern is a popular bullish candlestick pattern. It is fairly easy for most traders to spot in real time given the 3 large...

Three White Soldiers: 3 Things You Must Consider Before Trading
8 Best Bearish Candlestick Patterns for Day Trading  | TradingSim

10 min read

8 Best Bearish Candlestick Patterns for Day Trading [Free Cheat Sheet!]

Recently, we discussed the general history of candlesticks and their patterns in a prior post. We also have a great tutorial on the most reliable...

8 Best Bearish Candlestick Patterns for Day Trading [Free Cheat Sheet!]