What is a SPAC? SPAC stocks is a Special Purpose Acquisition Company. They’re essentially shell companies that raise money, go public, then use the funds to buy a company and bring it public. You can think of them as publicly-traded venture capital firms that only ever make one investment with a specific deadline to […]
What is the National Best Bid and Offer The Code of Federal Regulations defines the National Best Bid and Offer (NBBO) as: “National best bid and national best offer means, with respect to quotations for an NMS Security, the best bid and best offer for such security that are calculated and disseminated on a current […]
So what’s the difference with large cap vs small cap stocks? Quite a bit actually! In this article, we will help shed light on market capitalization, differences between large and small cap stocks, and things to consider when trading both types. What is Market Cap? Market cap is a measure of a company’s value […]
The immediate or cancel order is an order type with instructions to fill the order immediately and any part that isn’t will be canceled. Immediate-or-cancel orders instruct your broker to fill your order immediately or cancel the order. It’s a liquidity-removing order duration preference similar to the “fill-or-kill order,” the only difference being that […]
You ever wonder why there are giant spikes of volume during the last minute of trading but little price change? That’s the closing auction and is the period of highest liquidity during the stock market session mainly because of the market on closer order. It’s where most investment funds, end-of-day algorithmic traders, and index […]
Day traders usually focus on maximining their trading profits, and moving averages are one of the technical analysis tools some of them use to achieve that goal. Moving averages are applied to help determine trend direction, strength, and to find entry and exit points. They can also be used with other indicators to create […]
In his recently released book Unknown Market Wizards, Jack Schwager gave an excellent definition of the breakout trade: “A breakout is a price movement above or below a prior trading range (sideways movement in prices) or consolidation pattern (e.g., triangle, flag, etc.). The underlying concept is that the ability of prices to move beyond […]
Know someone who’s a day trader and want to buy them something extra special for the holidays?? We’ve got you covered with some of the best gift ideas for day traders! Gaming Keyboard & Mouse Combo by Redragon ASUS Gaming Monitor ASUS Portable Monitor for traders on the move Adjustable […]
Want to know how to buy Doordash stock? Great, you’re in the right place! The 2020 calendar year will long be remembered in the eyes of many stock traders as the year of the coronavirus pandemic. With more than one million people across the globe already dead from the deadly virus and tens of millions infected, we […]
Japanese candlestick chart patterns are a way to read and interpret the price of financial instruments. Over the last few decades, traders have been using them to make trading decisions and predict the short-term direction of the price of market instruments. Candlesticks are believed to have been invented in the 1700s by Japanese rice trader called Munehisa […]
