Updated January 4, 2025 – Written by Ross Cameron Table of contents What Is Day Trading? Start With Your Daily Goal What Is the Pattern Day Trader (PDT) Rule? Why the PDT Rule Matters How To Work Around the PDT Rule The Role of Leverage in Day Trading Small Accounts, Big Success: Case Studies My […]
Day Trading
Volume Imprint – Understanding Volume Price Analysis and Volume-At-Price Analysis
The variable of volume in the stock market (or any market with fixed supply) is arguably the most essential piece of technical information available to traders, especially day traders. The reason that volume is so important is because volume shows the conviction of the participants. Volume tells us what people want and how much or […]
Volume Profile vs Market Profile: What’s the Difference?
For day trading a market with fixed supplies like the stock market, there are few tools as useful and as powerful as the tools found in Volume-At-Price Analysis (VAP). VAP analysis differs from ‘normal’ volume analysis because VAP analysis displays how much of something was traded at a certain price, versus during a particular time. […]
You Are Probably Using RSI Indicator The Wrong Way
When Welles Wilder published New Concepts in Technical Trading Systems in 1978, he released a series of new indicators and concepts that took the field of technical analysis to another level. Out of the myriad of ideas in his book, none is more well-known or used than the RSI indicator (Relative Strength Index). The RSI […]
Taxes on Stocks: Everything You Need to Know
Taxes on stocks can be complicated but knowing the basics will help you be better prepared for the tax season that is right around the corner. If you’re interested in a guide specific to day traders then make sure to check this article out! Taxes on Stock Guide Look back over the past ten years […]
How To Identify and Trade a Downtrend
In stock trading, you can make money from an uptrend or a downtrend. Downtrends tend to move faster than uptrends, which is why you will find some traders who opt to only short sell stocks in order to capitalize on the quick price action. Research shows that stocks can trend more than 30% of the […]
Reversal Trading Strategies using Japanese Candlesticks
Reversals are something that every new and veteran analyst/trader looks for. They represent early entries with excellent risk/reward potential. But like the search for the most profitable trading system, searching and identifying reversals can be a great way to kill your account. But reversals are also an essential setup pattern for adding to positions, initiating […]
Popular Penny Stocks on Robinhood
Today we’re going to look at some of the more popular penny stocks on Robhinhood but before we do lets briefly cover who Robinhood is and what penny stocks are. Who is Robinhood? “It’s Time to Do Money” is a mantra by Robinhood, which is a leader in commission-free investments. Robinhood offers you access […]
The Beginners Guide to Quantitative Trading
The phrase ‘quantitative trading’ has quickly entered the finance lexicon, so much so that everyday investors have become familiar with quants enough to know it means computer trading. In this article, we’ll try to explain the concept a bit further for the market layman. Frequency of the phrase “quantitative trading” in Google Books What […]
How Robinhood Makes Money
Before we jump into how Robinhood makes money, we’ll give you a brief overview of who they are and the logistics of commission-free trading. Who is Robinhood? Robinhood Markets Inc. was founded by Vladimir Tenev and Baiju Bhatt in the early months of 2013 as a commission-free brokerage app. The app is available both on iOS & Android. […]