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 […]
100% Accuracy on Day 1 of our 5 Day New Members Trial! Alright everyone, let’s do our mid day market recap and go over the trades from today. Actually, just one trade for me. I kept it simple. One trade, $723 profit and that’s it for me today. I would have loved to […]
For day traders to achieve success in the market, a sound strategy is required. For profits to be realized, discipline is needed. One of the best strategies that has proven to work over time is the Gap and Go strategy. To understand what Gap and Go strategy is all about, you need to understand some of its […]
Ustocktrade is a company that provides sophisticated financial technology to traders at an affordable price. The affordable rate was put in place as a way of lowering barriers of entry to stock trading. Furthermore, it helps individuals participate in capital markets. Tony and Cindy Weeresinghe started Ustocktrade LLC which is the parent company of Ustocktrade […]
Basically, it refers to the number of shares traded at the market during trading hours. It is also a measure of how much a particular security has been traded within a specific period of time. As a powerful tool, it’s used as an indicator when it comes to trading. In day trading, there are buyers […]
In day trading, divergence is a trading concept that forms on your trading bar chart and results from the price action of a security moving in opposite directions. This happens when the price of an asset or index makes a higher high but the indicator used makes a lower high, usually the MACD indicator. What […]
+2.8k Trading a Pharma Stock with News & Strong Daily Chart Okay, so for those of you watching on YouTube, just jumping in here for the midday market recap. Like I said, I was fully prepared not to take any trades today. I wasn’t seeing anything that was very good on the gap […]
