A long position is a trading term that defines the purchase of a security for example stock or option by a trader or investor with the goal of earning profits thanks to the security’s rise in value. Also referred to as long trading, it pertains to the act of an investor buying a position long. […]
Table of contents What Is a FOMO Trade? Verbalize Your Reasons for Entering a Trade Use Your Indicators Take on Online Trading Course The greatest traders are more zen master than mathematical genius. Mastering trading requires mastering your own emotions and impulses, and being able to calmly and coolly analyze every situation from a strictly […]
Price averaging is the act of extending an existing position in a stock by buying or shorting additional shares at a different price than the current entry price of the position, which alters the average price of the position as a whole. For example, suppose that an investor buys 1 share of company A at […]
One of the best pieces of advice I could give a new trader is this: do not waste your time looking for the Holy Grail trade because in trading, such a thing doesn’t exist. The same concept applies to the fact that there is no such thing as a perfect strategy that will fit everyone’s […]
Buy to cover is an order type made against a stock with the purpose of closing an existing short position. Traders are required to place the buy order with a broker so as to fulfill the requirements of a margin call or to close a position for a profit. Short selling is the process of […]
Pink sheets refer to a daily list of bid/ask quotations for over-the-counter (OTC) stocks compiled by the National Quotation Bureau. Companies that trade on the pink sheets do not need to meet the stringent requirements for trading on a stock exchange, and the trading of pink sheet stocks is much more lightly regulated than trading […]
Table of contents Paper Trading Explained The Importance of Paper Trading How to Make the Most of Your Paper Trading Experience Getting Ready for the Real Thing Day trading is a very competitive profession where the best of the best can make incredible amounts of money. While there are as many approaches to day trading […]
Risk Is Not A Choice In Trading, Fear Is During these times, it is quite easy to find inspiration. If you’re a member of the Warrior Trading chat-room, you already know what I am talking about. He switched that dream of becoming a full-time day trader into a feasible plan for me. In the latest […]
Are You Ready To Be A Day Trader? If you are reading this, then you probably already have your own personal vision of what your life will be like as a professional day trader. You will get up early, exercise while catching up on the overnight financial news, eat a healthy breakfast while firing up […]
And The Best Pattern For New Traders Is… Starting out as a new trader with all the technical indicators and chart patterns available can be a daunting experience. There are so many options to choose from and so many approaches to take that it is difficult to even know where to start. As a new […]
