This is going to be an intro to treating day trading like a business…looking at trading through the lens of someone who’s a profitable trader and trying to adopt that mindset, because success in trading is more than just skill and strategy. Not that those aren’t very important because they are, but it’s also about […]
When it comes to day trading stocks, it is important that the trader is capable of carrying out detailed technical analysis of stock charts. Technical analysis greatly helps traders to make crucial decisions of buying, holding, or selling stocks. In this article, we’ll go over what technical analysis is, why it is important for traders, […]
There are a lot of online brokers to choose from but as a day trader it is important to make sure you are using a direct access broker. When traders use direct access brokers to place orders, they are sent directly to the exchange, bypassing any middlemen. Typically, this leads to faster executions than one can achieve when […]
Learning and spotting chart patterns in the stock market is a popular hobby amongst day traders of all skill levels. Patterns are an important aspect of trading and traders love and naturally count on them when placing small and big trades. Not only are they the connection between trends, but they are also at the origin of all major […]
Every 3 months, the financial media pounces on earnings speculation like lions on raw meat while earnings estimates set the benchmark for performance. Conference call reports from big name firms like Amazon or Microsoft dominate the CNBC headlines and stocks are often more volatile when the reporting companies miss or beat the analysts’ estimates. So […]
Day Trading With Robinhood Robinhood exploded on the scene when they first entered the brokerage industry. They were the first large broker to offer commission-free trades and created the most user-friendly mobile app for trading stocks. This massive competitive edge allowed Robinhood to gain huge market share with millennials, a demographic that big brokers historically […]
“Sell and May and go away” refers to the Wall Street axiom related to the performance of stocks during the 6-months beginning May 1. The theory states that if you reduced your stock holdings on May 1, and repurchased your portfolio on November 1, you would benefit from the outperformance during these periods. May kicks […]
If you’re reading this, you’re probably brand new to the stock market and want to know how to buy stocks. Maybe you really like a company and want to own shares or you got a hot stock tip from your Uncle at a holiday gathering. Either way you need to understand the steps required […]
With the outside world at a partial stand-still due to the ongoing COVID-19 pandemic, many of us across America are shifting our priorities to focus on our health, our relationships with our families and loved ones, as well as self-improvements and skill-building. Some are also taking advantage of all the free time during the coronavirus lockdown to day trade […]
Under standing how to measure market sentiment is a good way to form a thesis for your trading and to determine which direction is a more likely outcome. Intro Have you ever been bullish about a specific stock just to find out that many investors have already had the same idea? This scenario can be […]
