Hit my Max Loss then Bounced BACK +$577 All right, everyone. Time for our midday market recap. This is a later recap than I usually do. It’s 2:00 in the afternoon. Usually I do them around 10:30, 11:30, 12:00. But, today, I ended up trading a little bit longer than I normally would and it […]
The triple bottom pattern a bullish reversal pattern used to predict the bottoming of stock that has been in a downtrend. The pattern can be found on bar charts, line charts and candlestick patterns with a distinct bounce off a support level three times. Looking at the pattern, it is correct to deduce that the […]
If you want to know as much as you can about options trading, it is important that you do your research prior to getting started because there is a lot of invaluable information online. A good place to start would be looking up the definitions of different terms that relate to these types of investment […]
A margin call occurs when the broker of a margin account demands additional money or securities be added to an account to bring the amount of equity in the account up to its designated maintenance margin. If the account holder fails to add enough cash or securities to the account to bring it up to […]
The triple top pattern can be described as a bearish reversal pattern used by trading experts and investors to predict a potential reversal from an uptrend. It is usually formed when an underlying asset is experiencing an uptrend but has hit a major resistance level that it test three times only to fail and come […]
Margin Call – Everything You Need to Know Avoiding a margin call is paramount no matter if you’re just beginning or a seasoned vet, but how do you do that? Read on to get a full understanding on what a margin call is and how you can avoid them. Trading on Margin The ability to […]
The other day I had a conversation with a friend of mine, a discussion that reminded me of the time when I decided to quit my “safe” job as an automotive engineer and to embrace a whole different career as a full-time trader. I had almost forgotten about all those inner questions that came up […]
Huge Trades! +$6,077.26 on Friday the 13th! All right everybody, time for our midday market recap. You’d be hard pressed to try to wipe this smile off my face, as I’m finishing the day with $6,077.26. What a way to finish the week. Friday the 13th. I was a little superstitious this morning. I said, […]
A bull market is an informal, yet widely used, concept that describes the behavior of certain markets or market segments when participants seem particularly exuberant about the future prospect for prices. Bull markets are characterized by steadily rising prices, typically in stocks, the ignoring or downplaying of negative or adverse information and events, the undue […]
A Bear Market refers to a market where uncertainty and fear overcome positive sentiment which results in continuous selling in the markets over a prolonged period of time. There is no specific guideline to when we enter a bear market but general consensus is a 20% decline in prices across the broader market over a […]
