For the investor who wants to minimize the risks involved with trading stocks, a covered call is a type of options strategies that can actually be profitable and hedge your long position at the same time. In order to use a covered call option, an investor would need to be the owner of the […]
A stock market simulator is an incredibly powerful tool for traders of all types and levels of experience. Whether you are learning the ropes of a new asset class or testing your latest trading strategy, having a real, live environment in which to hone your trading skills is utterly essential and invaluable. Unfortunately, not all […]
Self Awareness Is The Biggest Thing As many of the students of the WarriorPro program already know, I’ve recently decided to join the classes for the second time (that’s how I started my own career just a little more than one year ago). This time, I’m also serving as support for other students and […]
Day 60 of the $583 Challenge +$411.79 Hey guys. All right, so we’re going to do a little mid-day market recap here and go over the trades from this morning. Today is the second slow day that we’ve seen this week. I decided to really respond to the slowness in the market by tapering […]
Day 59 of the $583 Challenge +$114.34 Alright guys, so time for mid-day market recap here. Today is day 59 of the $583.00 challenge. And today it seemed like momentum really slowed down. I am only up $114.00 on the day. I hit $1,300.00 and then I gave back, I guess, $1,500.00 and then worked […]
Tune in to any stock market news broadcast and you are bound to hear about the momentum of the market in one direction or the other. Newscasters are always talking about “which way the market is heading” and similar topics. As an observer you might wonder what it is that they are getting at exactly […]
There are literally thousands of technical indicators you can add to your charts for day trading and investing, but which ones really work? Below we go over our favorite technical indicators that we use day in and day out to make quick decisions while trading. Relative Volume Relative volume compares the current trading volume to […]
Day 58 of the $583 Challenge +$4,251.87 Oh hey, I didn’t see you there. So let’s see, we’ll jump into mid-day market recap. Just shrink this window down a little bit. All right guys, time for our mid-day market recap. Today is day 58 of the $583 Challenge and I’m up $4,257.38. Now, this […]
There are hundreds of indicators for traders to choose from but in most cases, they won’t apply to day traders. However, the relative volume indicator is one of the indicators that all active traders should know and understand. What is Relative Volume? Relative Volume (often times called RVOL) is an indicator that tells traders […]
Day 57 of the $583 Trading Challenge +$4,966.64 All right guys, so here we are end of day 57. Of the $583 challenge. So, at this point I’m back over 100K. I started this morning. One hundred thousand six hundred twenty dollars. So, it’s not really the 100K challenge any more. It kind […]
