Table of contents Why Rules Matter in Day Trading The Pattern Day Trader (PDT) Rule The Cash Account Workaround Margin Account Requirements What Is Margin? Why It Matters Short Sale Restrictions (SSR) When SSR Kicks In What It Means Heads-Up Hard-to-Borrow and Fees Locating Shares The Cost of Borrowing Circuit Breaker Halts (LULD) After-Hours & […]
Table of contents What Is FOMO in Trading? Tip #1: Stick to Your Strategy Build a Pre-Market Routine Tip #2: Set a Max Daily Loss Limit Avoid the Spiral of Revenge Trades Tip #3: Build Emotional Awareness Pause and Reflect Before You Re-Enter Bonus: Watch and Learn, but Don’t Copy Final Thoughts: Don’t Let FOMO […]
Table of contents Creating a Plan Paid to Take Risks Allocating Your Capital Risk Management for Different Strategies Systematic Day Trading Risk Management Discretionary Day Trading Strategies How to Measure Risk Different Types of Strategy Returns Here is the Math Here are some Techniques Determining a Stop Loss Using Technical Analysis Don’t ride by the […]
Table of Contents What Is Price Action and Why Does It Matter? Price Action, Defined Clean vs. Choppy Price Action How I Use Price Action To Make Trading Decisions Recognizing High-Probability Setups Avoiding Bad Setups Managing Risk Based on Price Action Position Sizing Based on Market Conditions Knowing When To Walk Away My Go-To Price […]
Table of Contents What Is Liquidity in Trading? Liquidity Means Opportunity What Happens in an Illiquid Market Why Liquidity Matters for Day Traders Fast Execution Is Everything Liquidity Reduces Slippage and Spread Risk Adding vs. Taking Liquidity: What’s the Difference? How Market Makers Profit from Liquidity (Arbitrage) A Quick History of Liquidity and Market Infrastructure […]
Table of Contents What Is Leverage Trading? How Leverage Works in Practice Why Brokers Offer Leverage How Margin Accounts Work Cash vs. Margin Accounts Understanding the PDT Rule Why I Use Leverage: The Small Account Strategy Trading Bigger Than My Balance The Power of Position Sizing Discipline First, Leverage Second The Risks of Leverage (And […]
Table of Contents Why Losses Hurt More Than They Should The Emotional Instinct to “Fix It” The Trap of Revenge Trading The Cycle That Keeps Getting Worse Spotting the Emotional Spiral Early My Big Loss Recovery Plan (BLRP) Step 1: I stop trading. Step 2: I accept reality. Step 3: I bring back structure. Step […]
Table of Contents Understanding Patterns Changed My Trading Momentum Continuation Patterns Bull Flag Micro Pullback Reversal or Caution Patterns ABCD Pattern Doji Candlesticks Head and Shoulders Double Top / Double Bottom Execution-Based Setups Breakout or Bailout Whole Dollar / Half Dollar Levels Final Thoughts: Print These Patterns, Watch the Charts Watch the full video here: […]
Table of Contents Getting Started with TradeStation Smooth Installation, Quick Setup The Data Access Hiccup Layout, Features, and Design Order Execution Speed and Price Improvement Fast Executions, Even with Live Orders How It Stacks Up Against Other Platforms Price Improvement That Actually Helps Hotkeys and Order Routing What’s Missing from TradeStation No Halt Level or […]
Table of Contents Can You Really Day Trade on Robinhood? Getting Started With Robinhood Legend Smooth Setup and Fast Funding Simple, Visual Interface Small Accounts Welcome—With Limitations Comparing the Platforms: App, Web, and Legend Testing It Live: My Real Trades on Robinhood Legend Where Robinhood Legend Gets It Right Surprisingly Solid Charting Intuitive Layout The […]
