Broker Summary Pros: Direct access broker with 30+ routes Access to DAS and Sterling Extensive borrow list 4 AM – 8 PM EST trading hours Competitive commissions Software fees waived by spending commission minimum Great customer service Cons: $30,000 minimum deposit required No cash accounts–margin and options accounts only Expensive software fees No per-trade commission […]
Blog Posts
Day Trading While Working Full Time
Balancing Day Trading with a Full-Time Job This blog is a transcript of the video found on our YouTube channel here: How to Day Trade While Working Full Time and NOT Get Fired, a video originally recorded at the 2022 Warrior Trading All-Star Summit. You can learn more about All-Star Traders in the Warrior Community […]
Stock Market Overview – August 1, 2022
Following Thursday’s GDP print of -0.9%, the US is in a recession by the standard definition of two consecutive quarters of GDP contraction. The stock market, however, is unbothered, rallying on the news. The “official” forecasts for Q2 GDP were -0.5%, while it came in at -0.9%. That the market rallied on this tells me […]
Day Trading Gaps and Windows
All right, so in this episode we’re going to talk about gaps and windows on both daily charts and intraday charts. Get the Micro Pullback Strategy PDF download and more free gifts here This again is another episode in this multi-part series on technical analysis and how to read stock charts, especially for day trading. […]
Stock Market Overview for the Week of July 25, 2022
The tides yet again shifted in the US stock market this past week. Stocks rallied all week and now all the bulls are taking a victory lap while the bears swear up and down that it’s a bear market rally. Here are the US indices returns for the week: S&P 500: +5.5% NASDAQ 100: +7.23% […]
Elon Musk vs. Twitter Saga: Overview on the Court Case, Who Will Win?
Ever since Elon Musk made an offer to buyout Twitter (TWTR) back in April, the story has transcended the deal pages and become a tabloid phenomenon. Basically, Elon Musk offered to buy Twitter at a price of $54.20 per share, or $44 billion. A few weeks passed and Musk complained that Twitter’s user numbers were […]
Stock Splits: Are They Good or Bad?
Stock splits have been on the rise recently, with Amazon (NASDAQ: AMZN), Alphabet (NASDAQ: GOOGL), Tesla (NASDAQ: TSLA), and GameStop (NYSE: GME) among some of the well-known companies to announce they will be splitting their shares. A split is a tool that companies, often with high stock prices, use to increase (or reduce) the number of […]
Stock Market Overview for the Week of July 18, 2022
This past week we got new red-hot CPI numbers, further drama in the Elon Musk and Twitter saga, and the start of earnings season. Let’s look at the technical picture in major indices. The downtrend pattern in the S&P 500 is under threat right now, as a minor lower high (red arrow) was formed. At […]
Alternative Display Facility (ADF) Orders Explained
What is the Alternative Display Facility (ADF)? The Alternative Display Facility (ADF) is a piece of market infrastructure run by FINRA. Institutions use it to post quotes and report trades. It’s called the Alternative Display Facility because the ADF is an alternative to an exchange for institutions to post quotes and report trades. It’s basically […]