The cup and handle pattern is a continuation chart pattern that looks like cup and handle with a defined resistance level at the top of the cup. It forms from a strong drive up that pulled back and consolidated over a period of time creating the cup before making another push to the […]
What is a Stop-Limit Order? A stop-limit order is an order type that combines the features of a stop and a limit order with the idea to reduce slippage risk. To successfully execute this order type, two price points must be determined: a stop price and a limit price. The stop price will trigger the […]
The term “shares outstanding” refers to the stock of a company that is currently held by all shareholders, which includes restricted shares owned by company insiders and share blocks owned by institutional investors. The outstanding shares of a company are shown on its balance sheet under the Capital Stock heading. The number of shares that […]
I often get asked how much money is needed to start day trading for a living. Unfortunately there is no simple answer to this because everyone has different financial situations including bills, income and many other factors. If you’re looking to test the water then you can start with as little $1,000 at a broker […]
Day 88 +$3.9k on another 70% Short Squeeze!
Day 87 +$2.8k Trading a 100% Short Squeeze
Day 86 +$1.1k Live Trading from NYC
As an entrepreneur, it is common to seek private funding when you want to start a business. These calls for meetings with angel investors and venture capital firms where you will get to present your idea and if they like it, they will fund you in exchange for a percentage in your company. Once you […]
Grinding Out A Challenging Month As A Day Trader Hey all, JohnL10 here! Now that April is over, I can put some of my thoughts on paper about why I think it was a challenging month for both long and short biased small-cap traders. From my perspective, there hasn’t been much follow-through on positive […]
Day 85 and the Momentum is HOT
