Underlying asset is a term that is used in the trading of derivatives, such as options on equities or stocks. Derivatives are financial instruments whose price is based on, or derived from, a separate asset. The underlying asset of a derivative is the financial instrument, such as a stock, a commodity, a futures contract, an […]
2nd Red Day Recap for July! -$1,256 on $DRYS $ELTK and $GNCA All right, time for our mid-day market recap. We’ll go over the trades from today. Go get my calendar out. Today is the … I think it’s 135th trading day of the year. Let’s see, here’s my calendar. Yeah, 135th. […]
+$1,309.70 on the 12th green day of the month! All right, so we’re going to go over the trades from today here. I’m finishing the day up $1,309.70, which isn’t bad. This is the 134th trading day of the year. I’m finishing the week up about $4,700, $4,600, which is pretty good. I’m going […]
What is support level? This is the price level whereby demand of a security is strong enough thus preventing the decline in price. In other words, it is the level at which investors or traders jump in to buy securities while sellers become less inclined to sell their shares. According to savvy investors and traders, […]
+$1,818.69 in 45min Right off the Watch List All right guys, so time for our midday market recap. We’re gonna go over the trades here from this morning. Overall it was a pretty easy day; low stress, three trades, two winners, one loser. Finishing the morning up $1,818.69, which is awesome. So I had […]
Spent morning digging myself out of the hole! All right guys, we’re going to do a little Midday Market Recap here. This is actually, believe it or not, my third Midday Market Recap. The first one, I was recording the wrong screen. The second one, my mic didn’t work, and so now we’re […]
Derivatives are securities with prices that are dependent on, or derived from, one or more separate underlying assets. The derivative itself is a contract between two or more participants founded on these underlying assets. Their value is determined by the fluctuation in the price of the underlying assets. The most common types of underlying asset […]
What is resistance level? This is the price level at which selling of a security is deemed strong enough to eliminate the increase in price. The resistance level is usually identified on a bar chart and it’s located at the upper levels of range bound markets. It is common knowledge that upward price actions results […]
Born in 1962, Jordan Belfort is a Bronx native who has made quite a name for himself in the world of trading. Growing up, Belfort started making money at a young age. Together with one of his childhood friends, Belfort sold Italian ice to people along a local beach. That summer he and his friend […]
Friday Recap on $ANY – Reverse Split then Squeeze Pattern Alright guys, time for our midday recap. It’s Friday, finishing up the week strong with just one trade. Kind of an uneventful day, only took one trade today and it was a pretty quick one, it wasn’t the best trade, $483 but green […]
