Many of the best day traders in the world use momentum indicators and achieve outstanding results every year. Momentum traders assume the broader stock market is right and stocks that have shown a recent pattern of upward or downward movement will continue their path. To summarize a well-known phrase among traders, “the trend is […]
When you want to day trade stocks, options, currencies, futures, or other financial instruments, you need a broker who will execute the trades in the market on your behalf. The broker you choose is a very important decision. They will play a key role in helping you to trade in the market day in and […]
Housing starts for December 2020, reported in late January, hit a level not seen since 2006. A confluence of several factors is driving this trend which we’ll explain in this article. Translation: the housing market is booming once again. Is the boom here to stay, and how does this fare for the homebuilding industry? […]
Want to know how to switch stock brokers? Here’s a tutorial on what to do, how to prepare for a transfer and what to look for in your next broker. Intro The 2010s was a great decade for retail traders. Discount brokerages eliminated commissions, software offerings improved, minimum deposits went down, and brokers made […]
As a day trader, you know one of the keys to understanding price movement is analyzing volume trends which is where the Ease of Movement Indicator comes in. Volume and volatility go hand-in-hand and day traders need an ample amount of volatility in order to lock in large gains. In volatile markets, volume and […]
The epic short squeeze in GameStop (GME) is the biggest financial markets story since the Great Financial Crisis. We all know the story. Redditors noticed that the short interest in GameStop (GME) has been over 100% for a long time. As the stock ticked higher, the idea of a massive short squeeze went viral. […]
There are lots of SEC filings that stock traders and market analysts have to wade through, but few are as important as the SEC 13F Filings, which is filed by hedge funds and other institutional investment managers. The reason you have been hearing about this document recently is because of the Reddit trading frenzy […]
The world of day trading is fast-paced and intense. Profits can turn to losses in a matter of seconds if you hesitate or enter your order incorrectly, especially if you’re trading in volatile sessions. Precision is critical when day trading if you want to maximize your profits and minimize your losses. In order to […]
Are you bullish on a idea or industry? Maybe you see the tastes of a specific demographic changing before Wall Street can see it. Or perhaps real estate in your area is booming, but the boom isn’t showing up in your regional homebuilder’s stock price. All of us have unique vantage points that allow […]
Brief Overview Cash App is a new brokerage service. As the name suggests, most of its features will be found on a mobile platform. Because the company is owned by Square, the well-known payment processor, it also offers several cash management tools. Here’s the rundown: App Overview and Customization At the heart of Cash App, […]
