Due to the inherent leverage in options and the counter-party risk involved in writing options, brokers have developed a tiered system of option approval levels for traders that limits their access to options trading. There are 4 option approval levels, each of which allows additional access to various forms of options trading based on the […]
Day Trading
35th Trading Day of 2018 and Up Over 3k!
35th Trading Day of 2018 and Up Over 3k! What’s up everyone? All right. So here we are finishing my 35th trading day of 2018 up $3,234.38. Not bad at all. Today I took a total of eight trades and I had seven winners, which is awesome in terms of accuracy. My last trade […]
How To Manage Your Profit Targets When Swing Trading Like a Pro
Successful swing trading is about identifying trends and employing strong risk management. Swing traders wait patiently for prices to move into their forecasted range, anywhere from overnight to a week or two. This means that every swing trader makes extensive use of the full range of order types, from the essential stop loss to exit […]
Internet Speed For Day Trading
Table of contents The Basics Upload Speed Download Speed Other Important Factors with Internet Speed Day traders must have a set of services and tools in order to do their jobs effectively. Most of them likely already have some of the required tools. But, one of question that is often brought forward by a majority […]
Ross is Back in Action – Makes Over $1k!
Ross is Back in Action – Makes Over $1k! What’s up, everyone? Daddy’s back. Today’s my first day back in the saddle. Finishing the morning up $1,000. Not bad. Today was not the easiest day for me. Number one, I’ve never taken a full week off of trading. Since I’ve started training, I’ve never […]
How To Use Stock Scanners to Find Hot Stocks
Table of contents Stock Scanners are a Requirement For Day Trading Premarket Gap Scanner High of Day Momentum Scanner I find almost every single trade setup on one of the stock scanners that I built with the team at Warrior Trading. I can’t speak highly enough about this tool, because without scanning software I would […]
Dark Cloud Cover Definition: Day Trading Terminology
A dark cloud cover pattern is a candlestick pattern used in technical analysis to identify the peak of upward price trends, but what does it look like? This pattern typically appears on a stock that has had a recent upward trend with a gap up that is sold off and closes below the previous days […]
Top 3 Options Trading Books
Options trading is one of the most exciting and rewarding areas in contemporary finance. While options started as a highly technical and specialized derivative used mainly for placing small hedges on major equity positions, they have blossomed into extremely popular trading tools used for the creation of highly complex and sophisticated positions in every market, […]
Finishing Friday With 100% Accuracy: 6 Trades 6 Winners!
Finishing Friday With 100% Accuracy: 6 Trades 6 Winners! What’s up everyone? All right so finishing the week here. This is my second green day in a row. I’m bouncing back a little bit, up $1,600 today. But the nice thing is that I took six trades today and I had six winners. I […]
Leaving Boston +$767.33!
Leaving Boston +$767.33! What’s up, everyone? All right, so finishing the fourth day trading here in Boston. As I think back on the last three days, it’s been difficult. This has not been the relaxing trip to Boston that I thought it would be. It’s been stressful and frustrating and three consecutive red days […]