There are several types of brokerage accounts, but mostly, they are variants of two basic account types: margin account or cash account. Put most straightforward, a cash account requires the client to pay in full for the securities they buy for their account. If they have $500, they can only buy $500 worth of securities […]
Day Trading
Day Trading Risk Management Strategies
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 […]
What is an Opening and Closing Order Imbalance?
An order imbalance is when one side of the trade (buy or sell) meaningfully outweighs the other side. As a consequence of supply and demand, a significant imbalance in one direction is bound to affect the price of that security. Understanding Order Imbalances The NYSE and NASDAQ both disseminate order imbalance information each day on […]
How to Day Trade Options in 2021
Day trading options has become has become increasingly popular in recent years for a number of reasons. The chance of a much higher rate of return is the main reason. Options offer several other benefits and, if used wisely, are an excellent way to help day traders reach their financial goals. If you are considering day trading options, […]
Best Day Trading Patterns For Beginners
There are a lot of different trading patterns out there so we decided to go over in detail what we think are the best day trading patterns. Best Day Trading Patterns Out of the many varied ways to utilize technical analysis, chart patterns are perhaps the most utilized and most researched. The reason for this […]
Spotting Breakouts With Level 2
What’s up everyone. All right, so during this episode I’m going to break down for you one of the tricks that I use in spotting breakouts with Level 2. Now this trick is based on using level two and seeing both big buyers and big sellers in terms of understanding where you’ve got points of […]
Top Hemp Stocks to Watch in 2020
With hemp stocks prices tied to regulatory decisions, all eyes are on the US government. Is it time to buy hemp stocks? The short answer is that you still might need to wait for a specific catalyst. Hemp stocks were taken out to the woodshed in 2019 as regulation, and overproduction put downward pressure on […]
How to Trade the VIX
Wall Street investors tend to get very nervous during times of heightened volatility such as the 2008 financial crisis. That’s why some of them look toward the CBOE volatility index in an attempt to get some downside protection during times or market turbulence. What is the VIX? The CBOE volatility index, known by its ticker symbol VIX, […]
Best Indicators for Day Trading
Technical analysis can’t get complicated really quickly so we put together some of the best indicators for day trading and how you can use them. What is Technical Analysis? To understand what technical indicators are, you should first know what Technical Analysis is – and who the people who practice it are. Traditional financial analysis […]
Best Apps for Day Trading [2022]
Best Apps for Day Trading Smartphones have made our lives easier in countless ways. With a couple taps of a finger, you can buy a Super Bowl ticket on StubHub, book a flight and hotel room in Miami through Priceline, and summon an Uber to take you to the airport. A trip to Super Bowl […]