Due to the inherent leverage in options and the counter-party risk involved in writing options, brokers have developed a tiered system of option approval levels for traders that limits their access to options trading. There are 4 option approval levels, each of which allows additional access to various forms of options trading based on the […]
Volatility Skew Definition: Day Trading Terminology Volatility skew is the graphical representation of the implied volatility of a set of options for a security at various strike prices or expiration dates. While implied volatility, which is based on the underlying security, should be the same for all options at the same strike price, in reality the […]
35th Trading Day of 2018 and Up Over 3k! What’s up everyone? All right. So here we are finishing my 35th trading day of 2018 up $3,234.38. Not bad at all. Today I took a total of eight trades and I had seven winners, which is awesome in terms of accuracy. My last trade […]
Successful swing trading is about identifying trends and employing strong risk management. Swing traders wait patiently for prices to move into their forecasted range, anywhere from overnight to a week or two. This means that every swing trader makes extensive use of the full range of order types, from the essential stop loss to exit […]
Table of contents The Basics Upload Speed Download Speed Other Important Factors with Internet Speed Day traders must have a set of services and tools in order to do their jobs effectively. Most of them likely already have some of the required tools. But, one of question that is often brought forward by a majority […]
Ross is Back in Action – Makes Over $1k! What’s up, everyone? Daddy’s back. Today’s my first day back in the saddle. Finishing the morning up $1,000. Not bad. Today was not the easiest day for me. Number one, I’ve never taken a full week off of trading. Since I’ve started training, I’ve never […]
The Traveling Trader: Trading In Rome Roberto is back at it again, this time he’s traveling through Rome! Follow his journey as he trades stocks on the go, meets old time acquaintances, eats delicious local food and talks to a fellow trader about Bitcoin and Cryptocurrencies. You won’t want to miss this one!
Piercing Pattern Definition: Day Trading Terminology A piercing pattern is a reversal signal used in technical analysis to identify a potential shift from a downtrend to an uptrend. The pattern involves a large red bar on the first day and a similar-sized green bar on the next day that initially gaps lower yet closes somewhere […]
Table of contents Stock Scanners are a Requirement For Day Trading Premarket Gap Scanner High of Day Momentum Scanner I find almost every single trade setup on one of the stock scanners that I built with the team at Warrior Trading. I can’t speak highly enough about this tool, because without scanning software I would […]
Harami Candlestick Pattern Definition: Day Trading Terminology The Harami candle pattern is a reversal pattern used in technical analysis to predict an upcoming change in price trends. Harami candle patterns can be either bullish or bearish as reversal indicators, since they always involve a large candle on the first day followed by a small opposite […]
