TradeZero Blog

Bob Iaccino shares his full day trading routine, hour by hour, and explains how to write a standard operating procedure you can grade yourself against daily.

A chart can look good and still be a trade you should pass on. When evaluating a setup, you need to know what triggers the entry and what invalidates the trade under your system.

The Dow finished the week lower, closing Friday at 51,770.31, down 444.85 points, or approximately 0.9%, for the week.

Overfiltering, stale configurations, redundant timeframes: five common stock scanner mistakes — and how active traders can address each one.

My biggest concern is market breadth and the lack of broad-based participation. A healthy market needs more than a handful of large-cap stocks to carry the major indexes. When technology, semiconductors, and small caps begin to weaken simultaneously, it raises questions about the underlying strength of the rally.

A Level 2 quote shows the order book: bid and ask depth, sizes, and participant IDs beyond the best price. How traders read depth, order flow, and the ax.

My biggest concern is market breadth and the lack of broad-based participation. A healthy market needs more than a handful of large-cap stocks to carry the major indexes. When technology, semiconductors, and small caps begin to weaken simultaneously, it raises questions about the underlying strength of the rally.

Bob Iaccino's 3X Profit Protection Rule: when realized profit hits three times your daily risk unit, stop trading or cut size, and keep the good days good.

The U.S. stock market continues to rally, but Richard Naso questions whether the rally has enough underlying support to last. Major indexes are approaching record highs, while semiconductors, small-cap stocks, and high-yield bonds are showing weakness.

If your goal is to be a successful trader over the long term, then you've probably already figured out that some sort of stop-loss process needs to be part of every trade.