Winter Snow Storm & Finishing The Week +$11,612.50 What’s up, everyone? All right. So another episode of Driving With Ross. We’re wrapping up the week here. This week has been a little bit trick. I had my biggest red day of the year so far down $7,300. Any time I have a day that […]
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Red Day Recap on Feb 1st!
Red Day Recap on Feb 1st! What’s up everyone? Alright, so just like the start of January, I’m starting February 1st with a red day. Two red days in a row! That means Friday, I need to get super focused on just being disciplined. I had three trades today that, I was up on […]
All Roads Lead To Rome
All Roads Lead To Rome Second stop of this trading and traveling journey brought me to Rome. It’s very likely going to be the most special place I’ll be visiting among all the planned cities. And that’s not mainly because Rome is recognized to be one of the most amazing destination in the whole world, […]
Bitcoin Breaks Below $10k, Time To Panic?
Bitcoin Breaks Below $10k, Time To Panic? After a heady end to 2017 for Bitcoin, with prices peaking at around $20,000, January of 2018 has been a dismal month. In the first month of 2018 the world’s #1 cryptocurrency has reached new low after new low, most recently dropping below the key psychological level of […]
The Top 4 Brokers With The Cheapest Commissions
Very few traders consider the importance of the commissions and fees they pay when developing their trading strategies. Not only do commissions eat into every traders’ profits, but they can even make some day trading strategies outright unprofitable. When having the lowest commissions and fees can mean the difference between the success and failure of […]
Revenue Definition: Day Trading Terminology
Revenue is the amount of money earned by a business from the sale of goods and services to individuals and other businesses. It is recorded in the income statement as sales. Revenue can also be earned through the use of capital or assets that are associated with the organization’s main operations before expenses and other […]
Market Breadth Definition: Day Trading Terminology
Market breadth is a concept from technical analysis that uses various comparison measures of advancing and declining company stock prices to gauge overall market sentiment. The degree to which companies are advancing relative to companies that are declining is seen as a measure of current market trends. The Theory of Market Breadth The use of […]
Market Cycle Definition: Day Trading Terminology
A market cycle is any process related to securities that is perceived to operate on a somewhat predictable and repetitive pattern. A market cycle could be related to a specific industrial sector, a subset of stocks or an interrelationship between commodities, among many other possible examples. The most well-known and accepted market cycle is the […]
Dow Theory Definition: Day Trading Terminology
Dow theory is a theory related to the general business cycle that uses Dow Jones compiled averages to interpret the strength of any proposed expansion or contraction of the market. Under this theory, if both the Dow Jones Industrial Average (DJIA) and the Dow Jones Transportation Average (DJTA) are crossing new highs or lows, then […]
Finishing January With $117k In Profits!
Finishing January With $117k In Profits! What’s up everyone? All right, here we are end of January, we just finished up the best month that I’ve ever had in my trading career, I’m going to finish the month with over $117,000 in profit. I put in a wire transfer today for a hundred grand, […]