Day 1 of 2018! Day 237 of the $1 Million Challenge What’s up, everyone? Today’s the first trading day of January, and unfortunately, it is a red day. So today is going to be a red day recap. I reach a level four of frustration in my trades today. You can hear all about […]
Very few people are aware that they can actively manage their investments in their IRA and can actually even day trade in them! The benefit to doing so is obvious: you can maximize your returns while still enjoying the benefits of tax-deferred saving and tax-free profits. However, there are some limits to active trading within […]
The LAST Mid-Day Recap of 2017 from $583 to $335k What’s up everyone? We did it. 2017 is in the books. Today is the last trading day of the year. It’s my 236th day of 2017. What a year it has been. We’re gonna get into the midday market recap. I’m finishing today with […]
A European option is an options contract that can only be exercised on the expiry or expiration date. European options are contrasted with American options that can be traded at any time on or before their expiry or maturity date. European Options in Trading Despite the name, the use of European options in trading is […]
An American option is an options contract that can be exercised on or before the expiry or maturity date. American options are contrasted with European options that can only be exercised on their expiry or maturity date. American Options in Trading Despite the name, the use of American options in trading is not a matter […]
There are as many different trading strategies as there are traders in the world. However, despite all this variety, all traders fall somewhere on the trader type spectrum based on the frequency and speed of their trades. Understanding the trading type that best suits your personality is essential to becoming a successful trader. The Tortoise […]
Here Is The Meat Of A Trading Review I did it. And I am feeling good about it. I got rid of the “Profit & Loss” section from the spreadsheet that I use to review my trades as well as every other detail that may hint to how much money I’ve made or lost in […]
How The Pros Recover From 5 Figure Losses Every pro trader has been there a few times. You do your routine analysis looking for potential trades. You identify a great trading opportunity. You do your due diligence to make sure that you are not missing some important detail. Then when it all checks out, you […]
Calendar spread is an options strategy that allows traders and investors to enter long and short positions simultaneously for the same underlying and strike price but different expiration dates. Option traders can utilize calendar spreads as a way to get into a long position at a cheaper price by selling the other leg and bringing […]
A day trader is a trader whose time horizon for trades is intraday, often for as little as a few seconds, but generally anywhere from a few minutes to an hour. Day traders attempt to capitalize on significant intraday price movements and volatility by executing multiple quick trades that capture some part of the overall […]
