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 […]
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Red Day Recap hitting Max Loss on 1st trade!
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
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!
+$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
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!
+$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 Definition: Day Trading Terminology
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 […]
Joint Account Definition: Day Trading Terminology
A joint account is a type of brokerage account shared between two or more people who include relatives, business partners, and couples. The account is usually opened between individuals who are familiar and trust each other. Each individual co-signed to the joint account has the right to own and manage it. Co-signors of a joint […]
Unicorn Definition: Day Trading Terminology
Generally speaking, a unicorn refers to a start-up company that has attained a $ 1 billion market value as valuated by either a private or public investment firm. According to experts from the Venture Capital industry, a unicorn is a tech start-up company that has yet to establish a performance record but it has been […]
Hard To Borrow List Definition: Day Trading Terminology
The Hard to Borrow List refers to an inventory of securities the brokerage firm is unable to provide for short selling. The inventory provides a current catalog of securities which cannot be shorted by investors or short selling traders. In trading, the reason why a security may be placed on the hard-to-borrow list is because […]