Summer Trading Bootcamp 2012 – Toni Hansen

Day 3 : To Hold or Not to Hold? – Every trader knows that support and resistance levels have a major impact on price action. Nevertheless, every trader has also given price points either too much credit than they were worth or not enough and had stops blown, gains erased, and ideal entry point slip by simply because they missed clues about the true strength or weakness of the price levels they had once considered to be support or resistance.

Day 4 : Turn it Up! – There are certain times of the day that you can almost still hear the market move even though most online traders no longer listen to the pit and many newer traders may have never thought of the Squawk Box as anything other than a segment on CNBC! These days we tend to focus more upon volume as it relates to share or contract size, and, although volume in the original squawk box also correlated strongly with market pace, the sheer number of shares or contracts trading hands at any given time, as well as the time of day that these surges or lulls occur offer great insight for position timing and management.