A mining rig is any computer that is used to process the distributed digital ledger at the core of a cryptocurrency. Some mining rigs are dedicated computers designed to maximize the return on the purchase price and running cost, while other mining rigs are merely used casually or part-time when they are not performing other […]
Day Trading
Cold Storage Definition: Day Trading Terminology
In the cryptocurrency sector, cold storage is the act of storing cryptocurrency ID keys somewhere that is inaccessible through the Internet. Cold storage is intended as a means of protecting the ownership of coins from malicious hacking. An ID Key For Every Cryptocurrency Coin Cryptocurrencies are a digital form of currency, so there is no […]
Proof Of Work Definition: Day Trading Terminology
Proof of work is a cryptographic term describing a system or function that requires work or effort on the part of a user. It is essential to the mining process that drives a cryptocurrency, where the distributed digital ledger at the core of a cryptocurrency is updated by users who are required to perform costly […]
+$13,031.60 On 2 Trades On The 20th Day Of 2018. What A Day!
+$13,031.60 On 2 Trades On The 20th Day Of 2018. What A Day! All right, I’m taking you guys on a little bit of a walk here. We’re outside walking across a little bit of ice here. Going out to my tree stand. I don’t come out here that often but at some point, […]
+$8,931.45 As I Break $109,000 On The Month!
+$8,931.45 As I Break $109,000 On The Month! What’s up everyone? All right, I’m taking June for a walk and just getting out of the office for a few minutes, because man, another crazy day of trading. Up $8,931.45. It’s nuts. I don’t even know what to say. It’s the best month I’ve every […]
Fork (Cryptocurrency) Definition: Day Trading Terminology
A fork is a cryptocurrency term that refers to a division of one cryptocurrency format into two or more successor cryptocurrency formats, where one of the successor formats may or may not remain the same as the original. Forks in a cryptocurrency occur when there is a disagreement within the largely decentralized governance of a […]
+$18,558.14 As I Cruise Over $100k In Profits On The Month!
+$18,558.14 As I Cruise Over $100k In Profits On The Month! Oh, hey. I didn’t see you there. Well, I was just signing a copy of How To Day Trade by Ross Cameron. I’m expecting to sell a lot of these. I just broke over $100,000 on the month. Remember yesterday when we were sitting […]
Altcoin Definition: Daytrading Terminology
Altcoin is a colloquial term used in finance to describe any of Bitcoin’s successor and competitor cryptocurrencies. While there is no hard rule for what defines an altcoin, they generally have the same features as Bitcoin (peer-to-peer exchange, mining, etc), while also purporting to improve on one or more of Bitcoin’s suggested shortcomings. Some examples […]
+$5,830.12 In 45min On Day 16 Of 2018!
+$5,830.12 In 45min On Day 16 Of 2018! What’s up, everyone? All right, here we are. 16th day of 2018, I’m finishing the morning up $5830. That means I’m at $86,000 of profit on the month and I’ve got $14,000 standing between me and 100k. Now, my goal is to close this month above […]
How To Set Up A Traveling Trading Station
As laptops become more powerful and WiFi becomes more widespread, an increasing number of traders are setting themselves up with a traveling trade station so that they can trade securely and effectively from anywhere. While many traders may be comfortable with their home setup, they are unsure what is required for an effective traveling trade […]