Aug 1st, No Trades! I exercised patience today! All right, guys. We’re going to do our midday market recap, go over the lack of trades for today. This is very unusual. I’m not sure that there’s been a day this year that I came into the office, sat here, and tried to trade […]
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Why Expectations Can Ruin Good Trading
Why Expectations Can Ruin Good Trading Let’s face it. Trading is a thinker’s game but there are occasions when expectations cloud one’s judgment finally resulting in mistakes. One thing you need to know is that there is no right or wrong way when it comes to trading. Yes, implementing trading strategies, creating watch lists, […]
Stochastic Oscillator: Day Trading Terminology
The stochastic oscillator is a momentum indicator that helps to show the current location of a security closing price relative to its high/low range. As a range bound momentum, it’s used for three things: a. Identifying overbought and oversold levels b. Spotting divergences c. Identifying bull or bear signals One thing you need to […]
Volume Profile Definition: Day Trading Terminology
This refers to an advanced charting study used to show trading activity spanning a particular trading and price levels. Also referred to as volume by price, it helps to display the amount of volume occurring at certain price levels and range as opposed to most volume indicators that display volume based on a certain time […]
Leave Romance for Love, Trading Needs Practicality
Leave Romance for Love, Trading Needs Practicality As many of you know, last week I was in Paris where I’ve got the chance to attend to a wedding of a dear friend of mine (you can have a look of some pictures I’ve taken from this beautiful city). It has been an exciting […]
+$2,929.99 on the last day of July! Wahoo!
+$2,929.99 on the last day of July! Wahoo! All right, guys. Let’s go over our midday market recap for today. This is the last day of July. Finishing up another month here. Today is the 140th trading day of the year, which is exciting. That means we’ve got about 100 days left. […]
Ahh! Another Red Day Recap!
Ahh! Another Red Day Recap! Alright guys. So time for our midday recap, we’re gonna go over the trades from today. This is another red day recap for me. This has been a really tricky week. This is actually my third red day of the week, which is crazy. This month, […]
Channel Pattern Definition: Day Trading Terminology
What is a Channel pattern? It is described as a price movement which utilizes support and resistance to validate what will happen in the future. As a form of trading, it capitalizes on the market tendencies to trend. This is one of the most powerful trading tools that combines different technical analysis indicators finally […]
Head and Shoulder Pattern Trading Guide
What is a Head and Shoulders Pattern? This is a specific formation which helps to predict a bullish to bearish trend reversal. It has three peaks where middle is highest and symbolizes the head while other peaks signify both right and left shoulders. This design has been found to be reliable when it comes […]
5 Things To Know About Custodial Account & Under Age Trading
5 Things To Know About Custodial Account & Under Age Trading Do you want to open a brokerage account for your child? If so, then you are in luck! Today, we are going to learn more about custodial accounts and how they work. These accounts are a great way to help your child start saving […]