92% Accuracy this week! I’m loving the momentum! All right, everyone. Midday market recap here for Thursday. This is the 120th trading day of the year. I’m finishing the day up $1,578.31. Not too bad. Those of you that are in the chatroom, I’ll pull up my screenshot of my platform for today. You […]
Most day traders often start out with a small account. Then over time, they build not only their skills but their bankroll as well. Starting out small is a great way to limit your losses and gain the experience you need to be confident. If you are one of these traders, you have come to […]
This is a contingent order where by primary and secondary orders are created. When the primary order executes, the secondary order is triggered automatically. This means that the secondary order will become active and follow conditions set for its execution. OTO saves time for the trader since traders can purchase a certain amount of options […]
+5.1k Hitting the Momentum in 30min on $ZN and $MBRX All right, guys, so let’s do our mid-day market recap. We’re coming to the end of the first two hours, and you’d be hard pressed to take this smile off my face as I’ve finished the day at $5161.24. Finally, a really nice, […]
This refers to a technical analysis strategy that utilizes trailing stop and reverse method in order to determine entry and exit points. It is also defined as a price and time analysis measure used to identify points pertaining to stops and reverses. Also referred to as a Stop And Reverse method, it was developed by […]
Two Bagels or Financial Freedom: The Choice is Yours If you haven’t joined the Warrior Trading chat-room this week yet, you’re missing out on something big. In fact, for just five dollars (no strings attached, details here) you can get a sense of what this unique place is all about. For about the price […]
What is a One Cancels Other Order? This refers to a situation where two orders are made and if one of the orders is executed, the other is cancelled automatically. OCO is known to combine a stop order with a limit order on an automated trading platform and that is why it’s used by seasoned […]
This is a special trade order that disallows the setting of the stop-loss price as a single absolute dollar amount but allows the setting of the value as a percentage usually below the market price. The percentage value helps to track the securities price direction automatically and does not require any manual reset. A trailing […]
Are you trading with small size but want to know the best way to increase it for bigger returns? If so, then we have some great info for you below. Before you even think about raising your size and risk parameters you need to be making consistent profits. This is important because increasing size without […]
Taking Advantage of a Trading Pause Ever since I started trading full-time one and a half year ago, I haven’t had a day of pause. Don’t get me wrong, because I took some days of vacation from time to time. What I mean is that I always had the possibility to trade either in […]
