The Federal Reserve is the central bank of the United States of America, and is tasked with overseeing monetary policy and regulating the financial system. Purpose of the Federal Reserve The Federal Reserve has 5 main duties: conducting monetary policy, regulating banks, monitoring and protecting consumers’ credit rights, providing financial services to the federal government […]
An emerging market is a national economy that is in the process of becoming an advanced capitalist economy, but whose institutions are not yet fully developed. Contemporary Emerging Markets Depending on the classifying body, there are approximately 20-25 current emerging markets spread around the globe. There are currently 16 national economies that are considered emerging […]
Ironbeam is an online futures brokerage company registered with the Commodity Futures Trading Commission. As a member of National Futures Association, Ironbeam is currently headquartered in Chicago, Illinois. Committed to providing first-class services to its customers, Ironbeam continuously updates its services to ensure customers get to fully utilize the latest technology, and research thus making […]
What’s up everyone? All right, so this is a surprise day. I wasn’t expecting a big green day today at all. I thought today was going to be, you know, the fourth day of kind of choppy momentum. It was slow Thursday. It was slow Friday. Yesterday I lost $32.00 so I was like, […]
What’s up, everyone? All right, so here we are finishing the week, Friday up $568. This is not a home run trade, it wasn’t a huge day. I took, I think it was only three individual trades. I had one winner, one loser, and then a small kind of $250 winner. So, not a […]
What’s up everyone? All right, so here we are Monday morning. Monday’s are our favorite day of the week as day traders. Usually, Monday’s are really hot. But today, it was a dud. There was just nothing happening in the market. I made a total of minus $32. So, I lost $32 today. I came […]
Understanding the bid vs ask spread is one of the keys to successful online trading. While long term investors can often ignore the bid/ask spread altogether, most day trading strategies will be impacted by it, and some will even be based entirely around profiting from it. Let’s take a brief look at the core concepts […]
What’s up, guys? Start of a new week here, and thankfully because last week was incredibly choppy, really inconsistent, and tough to pull any sort of profit out of the market. And I ended the week relatively flat. Whipsaw action back and forth. I got whipped out of a couple large cap names. They […]
Summer is here and the time where I witnessed some snow falling in Madrid and Barcelona (unique events!) seems way far back than just a few months ago. That’s the great thing about traveling and trading. It doesn’t really matter how long the cold winter lasts because the sun is going to shine again, it’s […]
What’s up everyone, all right, so here we are finishing the morning up $811. This is actually … Gosh, this is the smallest green day of the month. $811 is still a great day. I haven’t lost sight of the fact that five, six years ago, $800 would’ve been like an amazing day. $750, […]
