Cryptocurrency is a digital currency that utilizes cryptography for security and can be sent from one person to another anywhere around the world at very low processing charges. Cryptocurrencies are virtual currencies exchanged between people around the world using cryptography and shared public ledgers thus creating a secure, anonymous and stable monetary system. Cryptocurrencies derive […]
Everyone has heard of it by now, but what is bitcoin mining or cryptocurrency mining? Bitcoin mining refers to a decentralized computational process where new bitcoins are created for each block and where transactions are confirmed in a trustful manner. The process is resource intensive and difficult. This is because a lot of hardware […]
Why Bitcoin Price Passing the $4,000 Milestone Matters Bitcoin started 2017 at $963, which makes its recent crossing of $4,000 a blistering 300% rise so far for the year. This rapid ascent is more than just a passing phase, and it is important for investors to understand exactly what is driving this rapid increase in […]
The difference between catching a perfect trade and watching it slip by can often come down to a split-second decision. That is why it is absolutely essential that your trading screen is designed to optimize your trading performance. While everyone’s optimal chart layout will be different, there are a few key guidelines that are universally […]
Who remembers when Tilray (TLRY) was trading at several hundred times TTM sales? That was during the marijuana stocks mania of 2018 when finding them at reasonable valuations was nearly impossible. Figure 1.1: Tilray’s historical price-to-sales ratio from YCharts Following the pop of the bubble, everyone mostly forgot about cannabis stocks for a […]
The trading time frame that you choose will be a major influence on how you interpret the displayed information. The lowest trading time frames will display a lot of choppiness, much of which can be attributed to simple noise. However, they will also show you key turning points and resistance levels that higher time frames […]
Tips For Day Trading Large Gaps If you are looking to add some another trading strategy to your arsenal, you may want to consider learning day trading large gaps. This form of trading is very common and a great way to turn a profit as there is generally more volatility and a larger range […]
Why Expectations Can Ruin Good Trading Let’s face it. Trading is a thinker’s game but there are occasions when expectations cloud one’s judgment finally resulting in mistakes. One thing you need to know is that there is no right or wrong way when it comes to trading. Yes, implementing trading strategies, creating watch lists, […]
5 Things To Know About Custodial Account & Under Age Trading Do you want to open a brokerage account for your child? If so, then you are in luck! Today, we are going to learn more about custodial accounts and how they work. These accounts are a great way to help your child start saving […]
Why Our Strategies Work In Any Markets Day traders can be said to be hunters of volatility as well as risk managers. The mandate of a day trader is to monitor the market, develop strategies which will allow entry and exit from a trade. During this time, traders usually capitalize on market discrepancies in […]
