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 […]
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. […]
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 […]
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 […]
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 […]
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 […]
All right. Good afternoon, everybody. I hope everyone had a really great Fourth of July holiday. We’re just getting back at it here on Thursday morning. I’m coming off of a holiday week. It’s kind of an odd time to have a holiday in the middle of the week, which we don’t see too often, […]
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, 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 […]
All right, good afternoon guys. Well, time to catch up here and talk a little bit about the trades that we’ve taken over the past several days, including today’s trade on CAG, which turned out really well. Now, yesterday and Monday, we got chopped out of Apple. Tried to trade that on a technical […]
