Bam, we did it again. $5200, another awesome day of trading. As of right now, I am up $75,000 for the month of April. That means I’m 75% of the way to my $100,000 goal for this month, and we’ve still got nine trading days left. I mean, we’re basically halfway through the month, and […]
Day Trading
Happy I Made $7k, Sad I Lost $5k
What’s up everyone? All right. Today’s one of those days where I’m finishing in the green, but I’m not happy about it. Why is that? Will I’m up $7,000. Five, six years ago, $7,000, I would have been pumped about it. But what happened this morning is on my very first trade, I made 12 […]
Underwriter Definition: Day Trading Terminology
An underwriter is a financial intermediary that takes on some of the risk of another financial actor for a commission, fee, interest payment, spread or some other special privilege. Underwriters are prevalent in a wide variety of financial sectors, primarily insurance, equities, mortgages and credit securities. The Role of the Underwriter Underwriters are essentially the […]
Top 5 Inverse ETF for Trading in a Bear Market
What goes up, must come down. This is as true for the financial markets as it is for gravity. While equity indices may trend upward in general as expanding economies and new technology drive up the value of companies, this overall trend is punctuated with regular, and often sharp, reversals downward and is where an […]
Worst Trading Day So Far +$2,295.26!
What’s up everyone? All right well today is worst day of the month. It’s a little disappointing finishing up only $2,295. And, I feel like I’m going to have to cut back on my expenses, because this is … things are getting a little tight. This is getting ridiculous, what can I say? The momentum […]
Blockchain Definition: Day Trading Terminology
Blockchain is the technology that underpins the operation of all cryptocurrencies, as well as a variety of other cryptographic processes. Blockchain works as a distributed ledger system that is generated independently by a number of uncoordinated participants, which means that no one individual or organization can tamper with the generation of the distributed ledger. Blockchain […]
How Long Does It Take To Become A Profitable Trader?
So you’ve decided to become a trader. You know it’s probably one of the most difficult jobs right? Over 90% of aspiring traders lose money and fail. So you I hope you’ve taken the time to read up on what it takes to become a day trader. You’ve researched the best hardware and software for […]
New York Mercantile Exchange (NYMEX) Definition: Day Trading Terminology
The New York Mercantile Exchange, or NYMEX, is the largest exchange for physical commodity futures in the world. The NYMEX has been part of the Chicago Mercantile Exchange Group, or CME, since 2008, and offers global benchmarks for key derivatives areas, including energy, agricultural products and metals. The NYMEX is overseen by the Commodity […]
Mmm, The Sweet Smell of Green! +$7,079.91!
What’s up everyone? Alright, so here we are, sixth day of April, and another seven thousand dollars in profit. Now, today wasn’t totally easy. I had a $9,500 winner, which was awesome, but I also had a $2,500 loser, which was not so awesome. So net profit, seven thousand dollars. That puts me up […]
Time is Money! +$9,471.05 in One Hour!
What’s up everyone? All right, so finishing up the morning here up $9,471.05 taking two trades right off the watch list. It really doesn’t get a lot easier than this. This is, I mean an awesome hot streak. I remember had that red day towards the end of March, lost $11,000. That was right before […]