The alternative minimum tax, or AMT, is a tax regulation intended to limit the ability of wealthier taxpayers to avoid paying a proportionate share of taxes as a result of their greater opportunity to use tax breaks and exemptions to reduce their tax burden. Calculating Alternative Minimum Tax Calculating the alternative minimum tax is a […]
Day Trading
Amortization Definition: Day Trading Terminology
Amortization is an accounting term that describes the method used for allocating the capital costs of intangible assets over time. It is also often used as a method for creating fixed payments on a loan or bond with a rate of interest so that the payments stay the same for the entire duration of the […]
How To Set Up A Day Trading Station For Penny Stocks & Cryptos
Setting up your day trading station can be intimidating, particularly if you are not technologically-inclined. Most of the guides for setting up day trading stations are overly-complicated and designed to sell you specific expensive products that you usually do not need. Fortunately it is actually a very simple and inexpensive process. In this brief […]
Greece Is Where History Began
Greece Is Where History Began Here I am, at the end of my first week of this trading & traveling experience. As I wrote in my latest article here, throughout 2018 I’m living a whole new trading journey as a “solo” trader and traveler. In fact, I’ll be visiting a total of seventeen of the […]
+$8,444.03 Today And $55,644.24 In The Last 10 days!
+$8,444.03 Today And $55,644.24 In The Last 10 days! What’s up everyone? All right. Today’s the 10th training day of 2018. I’m finishing the morning up $8,444.03. This is crazy. We are seeing incredible momentum. The January effect is in full force. We are seeing opportunities after opportunities I mean it is just incredible. […]
Finishing The Morning +$9,680.18!
Finishing The Morning +$9,680.18! What’s up everybody? Alright so, finishing the day here, Friday the 9th trading day of the year. Up $9,680.18. What a day. We are seeing incredible momentum. This has been an incredible week. It’s been an incredible month. I’m up just under $50,000 on the year. Right around 47 to […]
Why Mirror Trading Is A Bad Idea
Mirror trading is the act of simply copying or ‘mirroring’ a different person’s trades. The idea is that one should be able to simply copy the action of a successful trader, and then reap the same rate of success. As simple and intuitive as this proposition sounds, mirror trading is actually a bad idea. Even […]
Finishing The Morning +$8,066.27 on Day 2 of the California Trip!
Finishing The Morning +$8,066.27 on Day 2 of the California Trip! What’s up everyone? Finishing the morning up $8,066, on day two of the California trip. That feels good. Building up the cushion. Getting myself well over $35,000 on the month, on the year. Working my way to that first big line in the […]
Bitcoin Cash Definition: Day Trading Terminology
Bitcoin Cash is a cryptocurrency that split from Bitcoin Classic in a ‘fork’ event, where holders of the original Bitcoin were allowed to exchange their units for new Bitcoin Cash units. The split from which Bitcoin Cash emerged was driven by a disagreement among Bitcoin stakeholders about altering the code of Bitcoin to allow it […]
Coast to Coast Trading Recap! + $1,136.09
Coast to Coast Trading Recap! + $1,136.09 What’s up everybody? All right, so back in California, yesterday was a travel day. So, as you guys know, yesterday started the morning with a couple of good trades, made around $4,000 and then had to pack up and get ready to make my way back to […]