Buying a stock is not the same as buying something from the supermarket. Instead stocks are bought and sold according to the bid/ask spread, which is the difference between the highest bid, or the highest price that someone is currently willing to buy at, and the lowest ask, or the lowest price that someone is […]
Day Trading
Scalping Definition: Day Trading Terminology
Scalping involves making a number of very quick trades in order to take advantage of price fluctuations with positions often lasting less than 5 minutes and occasionally counted in seconds. Most scalping strategies use low time frames like the 1 and 5 minutes charts. The idea behind scalping is to take a number of small […]
Call Option Definition: Day Trading Terminology
A call option is a derivative contract that gives the holder the right, but not the obligation, to buy an underlying security at a specified price on or before a specified date. What is a Call Option There are a wide variety of uses for the purchase and sale of call options in contemporary […]
Put Option Definition: Day Trading Terminology
A put option is a derivative contract that gives the holder the right, but not the obligation, to sell an underlying security at a specified price on or before a specified date. What is a Put Option There are a wide variety of uses for the purchase and sale of puts in contemporary trading. […]
Trade Review | Playing The $ROKU Opening Range Breakout
Trade Review | Playing The $ROKU Opening Range Breakout Here is a new blog post about the “behind the scenes” of my trading days. Hopefully, this will help you better understanding what I did and it can give you some ideas on how to improve your trading skills. In fact, looking at what other traders […]
Long Sided Trading Definition: Day Trading Terminology
A long position is a trading term that defines the purchase of a security for example stock or option by a trader or investor with the goal of earning profits thanks to the security’s rise in value. Also referred to as long trading, it pertains to the act of an investor buying a position long. […]
Top 3 Tips For Dealing With FOMO
Table of contents What Is a FOMO Trade? Verbalize Your Reasons for Entering a Trade Use Your Indicators Take on Online Trading Course The greatest traders are more zen master than mathematical genius. Mastering trading requires mastering your own emotions and impulses, and being able to calmly and coolly analyze every situation from a strictly […]
Price Averaging Definition: Day Trading Terminology
Price averaging is the act of extending an existing position in a stock by buying or shorting additional shares at a different price than the current entry price of the position, which alters the average price of the position as a whole. For example, suppose that an investor buys 1 share of company A at […]
The Recipe For Success Is As Simple As These Two Words
One of the best pieces of advice I could give a new trader is this: do not waste your time looking for the Holy Grail trade because in trading, such a thing doesn’t exist. The same concept applies to the fact that there is no such thing as a perfect strategy that will fit everyone’s […]
Buy To Cover Definition: Day Trading Terminology
Buy to cover is an order type made against a stock with the purpose of closing an existing short position. Traders are required to place the buy order with a broker so as to fulfill the requirements of a margin call or to close a position for a profit. Short selling is the process of […]