What are we trading? "Price". What drives price, traders sentiment toward the value of that stock. Demand for the stock price goes up. Supply gets met and there are more sellers than buyers, price goes down. Trading stocks is a "Zero sum gain" just meaning for every buyer there is a seller and every for every seller there is a buyer. So trading stocks is a transfer of wealth, form one account to another. To the people who have the knowledge and can apply it, from the inexperienced and uninformed trader.

So as an astute trader we need to identify those areas on a chart where supply and demand are out of balance. Where we are at some extreme. These extremes can be called a lot of things pivots, breakouts. We also need to know who is on the other side of your trade. You don't want to trade against the professional, (the guy who gets it right most of the time, like Ken) You want the newbie on the other side of your trade. So ask yourself as you place your trade. Who will take the other side of the trade from me at this time and place on the chart?

Trading is a simple as identifying where supply and demand is most out of imbalance. And it is basic economics 101. Relating this information to a chart is key and this is where Ken can help you.