Trading is an inherently emotional experience. You’re risking your hard-earned money on something that is complex and you’re going up against some of the smartest people in the world. So before we even get into this topic, let’s just get it out there right now that day trading is extremely difficult and most people lose […]
Blog Posts
Interest Rates Definition: Day Trading Terminology
An interest rate is a time-specific payment demanded of a borrower by a lender for the use of some asset. Interest Rate Example Suppose that a consumer borrows $1,000 from a bank, and the bank demands that the borrower pay back the $1,000 loan plus a $60 interest payment at the end of one year. […]
Bid vs Ask: How Buying and Selling Work
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 […]
How to Trade the Open
Ever heard of the following adage “the early bird catches the worm.” Well, if you have and you are a trader, this should be your mantra. Learning how to trade the open is a skill every serious trader needs to know. This is when stocks make the biggest moves for us to capitalize on! Thanks […]
5 Ways You Can Manage Your Money Like a Millionaire
Everyone who is stuck in the day-to-day grind of modern life wonders about what it takes to become a millionaire. Are they born into it? Is it talent? Is it luck? Despite all the various reasons that people come up with for how to be a millionaire, the true answer is surprisingly simple: smart money […]
7 Option Trading Strategies Every Trader Should Know
Trading options has exploded in popularity over the last couple of decades, and option trading in particular has become a major force in contemporary finance. The ability to create sophisticated and nuanced trading positions using options and other derivatives is incomparable when contrasted with traditional securities trading. Out of the many advanced trading techniques used […]
Steve Wozniak, Apple Co-Founder, Weighs in on the Pros and Cons of Blockchain
Steve Wozniak, the legendary co-founder of Apple, has some good things and some bad things to say about blockchain technology and cryptocurrencies. Wozniak has weighed in on the pros and cons of blockchain and blockchain products, such as Bitcoin and Ethereum, at a number of conferences over the last year. While some of his comments […]
Top 4 Stock Trading Apps of 2021
As an increasing number of people start to take control of their investing and retirement plans, the products and services available to retail investors have increased dramatically in number and quality. The growing number of young investors in particular has led to a booming growth in stock trading apps, which offer the ease-of-access to information […]
Ray Dalio: How He Came to Run the Largest Hedge Fund in the World
To be a giant among giants is a rare achievement that few people can boast of. Ray Dalio, founder of Bridgewater Associates, runs the largest Hedge Fund in the world. Bridgewater Associates is a titan of the hedge fund industry, an industry already known for the jaw-dropping capitalizations of some of its biggest firms. With […]
Dan Bilzerian: Can He Revolutionize the Marijuana Industry?
If you spend any time on Instagram, then you are bound to have heard of Dan Bilzerian, the ‘Instagram King’. Dan Bilzerian’s life seems to be made up of one adventure after the other, and always in the company of smoking hot babes in next to no clothes, so it is no surprise that cameras […]