Rich began his trading journey in 1999 by entering his first trade. He was an aggressive GAP trader during the New York market open and close focusing on the 1999 Tech Boom , IPO’s, first online banking stocks, and Amazon at $200 per share. Back then, Rich was trading around 100-200 trades per month, with a trading cost of $29.95 for entry and $29.95 exit, totaling almost $60.00 per trade. He also enjoys trading the news events and has accumulated approximately 20,000 hours in the market, including analyzing still charts.

Yes, occasionally.

Yes, mentees will be taught Technical Analysis and Trading indicators during the mentorship session.

Yes, mentees will be taught the candlestick patterns that Rich prefers to utilize during the market or practicing.

You will not learn the top-down approach in the market. Rich approaches the markets differently.

You will not learn about various candle shapes or types of candles in the mentorship. Rich will provide an explanation for this and suggest a book for further information if necessary.

Yes, Rich has spent over $30,000 on educational trading courses, including Stocks, Options, Futures, and Forex. He has also studied various successful traders, each with their own unique trading style. Additionally, Rich has invested thousands of dollars “testing” other traders’ strategies in live market conditions, trading in Indices (NQ, DOW), Stocks, Options, Futures, and the Forex Markets.

Rich does not recommend any books on trading. He prefers to analyze market movements and charts instead of relying on books.

There are no affiliates associated with breathingwiththemarkets.com

You can find a Trading Demo Account for free by conducting an online search.

Yes, you can utilize a simulated demo trading account to practice your strategy without any cost or risk involved.

Time frame candles in trading are single price bars that identify a particular time span. These candles are utilized in candlestick charts, condensing data from various time frames into one price bar candle. Typical time frames consist of intraday (Seconds,1-minute, 5-minute, 15-minute, and 1-hour), daily, and weekly or monthly charts. Traders have the flexibility to select different time periods according to their own requirements and strategies. Numerous candles, over a period of time, can make various patterns in the market on all time frames. Price continues to move up and down over a period of time.

Scalping is a trading technique focused on capitalizing on small fluctuations in a stock’s price. Traders of this approach execute anywhere from 10 to a few hundred trades in a day, operating under the assumption that it is easier to capture small shifts in the stock prices than significant ones. Those who employ this method are referred to as scalpers. By employing a rigorous exit strategy to avoid substantial losses, numerous small profits can accumulate into substantial gains. A trader must have the “Skill First”, prior to executing any live trades in the financial markets.

Swing trading involves a trading approach aimed at capitalizing on price fluctuations or ‘swings’ in a stock or another asset within a brief to moderate timeframe holding the position for a few days or a few weeks. Some traders engaging in swing trading utilize technical analysis to identify potential trading setups. These setups are usually found on higher time frames. Swing trading is often done on the Daily Time Frame. Swing traders often try to enter at the beginning of a swing and get out in time before the swing turns. Therefore, it is essential to have a well-defined trading strategy / edge that outlines the method of exiting trades, whether it is based on time, a contrary setup forming , a stop loss, profit target or a trailing stop.