LATEST ARTICLES

Whether you’re new to the Oil Trading Group (OTG), or maybe you’ve been here awhile, there are things you can do to get the...

So,  you found the Oil Trading Group and you’re thinking of joining our Oil Trading Group (OTG) /TopstepTrader (TST) Combine Partnership Program.  The question...

Alright folks…..here we go…..is this “the pot calling the kettle black”?  If you know me, know my reputation, heck, if you’re here on my...
day trading

There are people that are bearish on oil and there are people that are bullish on oil, what’s the right opinion/direction?  I watched a...

I know, I know, we hear it all the time: “With day trading you NEED patience”……but what does that all really mean anyway?  Until...

So I got an e-mail the other day from a trial member in the room, the gist of the e-mail was that “I thought...
day traders

This post is NOT going to be about loss limits, maximum drawdown, or even when you need to shut the market off for the...

I recently had some serious discussions with Dave, the guy you see and/or will meet in the room.  Dave handles all of my sales...
trading room

Alright friends, here comes that “punch in the nose” reality; you may want to hear this, you may not want to hear this, but...
day trading fear

As we continue to press on with these ever so challenging markets, here at The Oil Trading Group (OTG) the day trading room has...

Ray Burke, a long time  friend of OTG and guest contributor, approached me this weekend asking if he could write about a conversation we had...
discretionary

Being a day trading room moderator and educator has always opened the door for various questions.  A question that both Dave and I get...
vitol

To most commodity traders, Vitol is a well-known company that controls roughly 6.5% of the world’s oil market. It shares the stage with other...
metatrader 4

Is MetaTrader 4 (MT4) the Trading Platform for You? Trading Forex is challenging, exciting as well as potentially lucrative.  An active trader can use all...
risk management

Risk management – the practice of evaluating financial risks in order to avoid or minimize their impact – is a cornerstone of any successful financial...

As you all know I have been on vacation in Washington D.C. this past  week and I have to tell you it has been...

"Cut your losses short and let your profits run".   This is something  that as traders, we hear all of the time.  That sounds...

I try to keep my trading and my set up as simple as possible, but with what I am trying to do with NinjaTrader...
oil trade plan

Hello everyone, we are very excited here at the Oil Trading Group (OTG) to release the newly updated and improved OTG Oil Trade Plan;...
Tactics Worksheet

I hope you all had a chance to read part 1 of this post, if you have not I strongly recommend that you do...
Challenging Trades

I get the question in e-mails, in the Oil Trading Group (OTG) Live Trading Room, and even on the phone: “How to you manage...

Every morning my day trading day starts early, not to begin trading so much as it is to study the overnight volume and price...
OTG Trade Plan

We have to face facts here my friends: Day trading is a challenging business and without a “plan”, you will never succeed.  When the Denver...

Oh my how I wish this was always the case; every trade, day, week, and even month is a winner.  Imagine how wonderful your...
trading indicators

Hello Everyone,  Trading Indicators During the course of the next weeks and months, I am going to be publishing articles that are designed to provide...