The 1990s was the wild west for day trading. Today we’re going to look back into trading history at a group of traders known as the SOES Bandits and see what we can learn from them. The SOES (small order execution system) was a system created by the NASDAQ in 1984 for the benefit of […]
Day Trading
How to Identify a High Probability Breakout Trade
What is a Breakout Trade? A breakout trade is when a stock breaks above or below a significant support or resistance level after failing to do so in previous attempts. The break of this significant channel can bring about a huge price move and a new trend. This setup is most alluring to new traders […]
Market Profile – Taking Volume Analysis to the Next Level
What is Market Profile Market profile displays all of the volume executed at each price level as opposed to normal volume indicators which displays volume based on time. It allows you to more accurately observe the accumulation and distribution of markets, and shows you that each candlestick isn’t created equally. Some prices see significant volume, […]
Time and Sales: How to Read the Tape Like a Pro
What is Time and Sales? Time and sales, also known as “the tape”, is a record of all stock transactions throughout the trading day and typically includes trade size, price and time of trade. The tape got its name from the mechanical ticker tapes used in the late 1800s and early 1900s. These machines used […]
Technical Analysis Using Multiple Timeframes for Day Trading
Table of contents Technical Analysis Using Multiple Timeframes What Are Charting Time Frames? Why It’s Important to Use Multiple Time Frames How to Use Different Time Frames to Make Decisions Whether you trade from a tick chart or a daily chart, it’s always useful to see price action from multiple timeframes and ensure they’re all […]
How to Buy SpaceX Stock
Ever wonder how to buy SpaceX stock? You’re not alone. The only problem is they are not a public company, but there may be a way around that! What is SpaceX? Space X is a private U.S space transportation services and aerospace manufacturing company. With its headquarters in Hawthrone, California, Space X was founded in […]
How to Buy Tesla Stock
Tesla Inc (Nasdaq: TSLA), is an automotive and energy company specializing in the manufacture of electric vehicles. Based in Palo Alto, California, the company has been accelerating the world’s transition from fossil fuels with electric cars. Founded in 2003 under the name Tesla Motors, the company is the world’s best-selling plug-in car maker in 2018. […]
How to Buy Apple Stock
Apple (AAPL) is a multinational company that builds and sells computer software, mobile devices, and online services. Headquartered in Cupertino, California, the company is among the Big Four Tech together with Alphabet (GOOGL), Facebook (FB) and Amazon (AMZN). Founded in 1976 by Steve Wozniak and Steve Jobs, Apple became the first publicly-traded company to reach a trillion-dollar valuation. For a company that nearly […]
The Ultimate Beginner’s Guide to Trend Trading
What is Trend Trading? Trend trading is a strategy that involves traders waiting till a defined trend has been established in a stock before taking a position. This can be done by buying shares in the stock if it is trending higher or selling shares short if the stock is trending lower. Trend trading can […]
Top 4 Best Free Stock Charts [2022]
Want to take control of your trading? The best way to do so is to arm yourself with the right tools. One of the best tools for traders or investors is stock charts. With stock charts you can analyze price action, locate the best levels to trade off of, see trends and much more. […]