Momentum swing trading strategies are perfect for traders looking to capitalize on strong moves that tend to materialize quicker than other strategies on a higher time frame. The Basics: Momentum Swing Trading Strategies All trading strategies fall into one of two categories: trend-following (you’re trading in the same direction that the market is moving/has […]
Tesla is the seminal stock story of today’s bull market cycle. Despite possessing a small portion of the automobile market share, Tesla dominates the headlines and financial discussion. Regardless of their thoughts on Elon Musk’s business acumen, bulls and bears both agree on Musk’s marketing ability. Many call him the P.T. Barnum of the […]
Stock prices move up and down constantly because of small and large forces. These forces propel prices continuously up and down. If you can identify these forces and make sense of their influence, you can learn to predict stock price movements. The Wyckoff Method is a technical analysis approach to navigating the financial markets based on the study […]
Harmonic Patterns are a type of complex patterns that occur naturally in financial charts based on geometric price action and Fibonacci levels. The patterns were introduced to the trading world by Harold McKinley Gartley in 1932. Gartley created a pattern which he named after himself and outlined in his 1935 book, Profits in the […]
A bottom-up investing methodology focuses on analyzing individual companies initially before evaluating a stock-sector and the economic outlook. This differs from a top-down approach where an analyst would evaluate the macroeconomic environment first, and then focus on a sector before analyzing an individual stock. Bottom-up investors will first evaluate specific financial metrics, as well as […]
Learning to spot technical patterns before prices begin to move is one of the most critical aspects of day trading. Yes, predicting the market with perfect accuracy is impossible, but if you trade long enough, you’ll start picking up on different patterns that could signal an upcoming price movement. Head and shoulders, cup and handle, […]
What is Support and Resistance? Support and resistance is a stock market concept which gained steam in the 1800s and early 1900s. The idea is that certain price levels have significant imbalance of supply and demand, and serve as market turning points. In plain English, a support level is a price level where buyers […]
One of the things why day trading for a living has a strong appeal for many people is the fact that you can do it anytime and anywhere, without a manager or boss breathing down your neck. You can trade from home or even while traveling, thanks to advances in technology. And, in addition to […]
Predicting market movements with chart patterns is one of the most effective tools for making trade decisions. Chart patterns are pure price-action and the basis of underlying buying and selling pressure. They are formed by support and resistance levels, as well as by more complex versions of trend lines. Patterns have a proven track record, […]
Top-down investing is a forecasting approach that evaluates the broader macro picture before drilling down to look at the finer details. A macro forecasting approach is one where you might first look at global economic growth and factors that analyze global trends before looking at the investment thesis for an individual asset. A top-down approach […]
