Amazon has been on a rampage over the last decade as they have upended the retail industry which has resulted in many companies either going out of business or shutting down stores on a large scale. They have made shopping online easier and more affordable than ever before and as they continue to push the […]
The Bearish Engulfing pattern is a chart formation where the small green candlestick is engulfed or covered by a big red candlestick. Basically, the pattern is opposite to the Bullish Engulfing pattern where the small red candlestick is eclipsed by a large green candlestick. This chart pattern helps to identify the future occurrence of a […]
The bullish engulfing pattern is a chart pattern that forms when a new candlestick opens lower and then closes higher than the entire previous candle. A look at the chart pattern will display the tails of the small candle stick as short. This allows the body of the larger candlestick to engulf the smaller black […]
Jack of all Trades, Master of One Strategy Interacting with other traders is the part I enjoy the most ever since I began serving as Junior Moderator several months ago. There are absolutely no doubts about that. Because for the most part, it keeps reminding me where I was when I first started with all […]
Red Day Recap hitting Max Loss on 1st trade! All right, guys. So why don’t we do our midday market recap. We’ll go over the trade. Only one trade this morning. So today is a red day recap. It’s actually my sixth red day of the month so and I talked about this […]
What To Do If You Win The Lottery Imagine that you have just finished triple and quadruple checking your winning ticket, and pinching yourself once just to be sure. You have just won the lottery, which means that all of your troubles are now over forever. Right? The answer is maybe. If you make a […]
+$1,519.67 in 41 seconds on Friday! All right guys. We’re just gonna do a quick mid-morning market recap before I take off here for the day. This is another good Friday. This is a nice trend, having some good green days on Friday. This is kind of out of the ordinary for me. […]
The Only Secret is in Loving the Game What motivates you in doing the job of a trader? Have you ever asked this question yourself? This question applies to every aspect of one’s life and not just to trading. Although here I want to stay focused on the matter that is most relevant to us, […]
+$1,101.39 in 30min, now time to giveaway some Laptops! Okay everyone, so we’re gonna do a little midday market recap; go over today’s trades. But, before we do, last announcement. Today, 1 p.m. — in less than an hour — we’re gonna host our special August webinar, which I’m really excited about. We’ve […]
Standard deviation is a statistical measure that represents the rate of divergence from the mean in a data set. The higher the standard deviation, the more the elements of the data set deviate from one another. Standard Deviation Formula It is calculated by first finding the variance, which is the sum of the difference between […]
