A hammer candlestick is a chart pattern used in technical analysis to identify a potential reversal in a security that has been in a downtrend. The hammer candlestick is generally seen as a short term technical indicator, and is most often used by active traders. Hammer Candlestick Components The hammer candlestick gets its name from […]
According to the SEC, a Good Till Cancelled order refers to a buy or sell request designed to last until the order is canceled or executed. The order can be made by an investor looking to purchase or sell a security at a certain price. This type of order has been found to offer an […]
18 Day Trading Hot Streak! + $2,623.68 Let’s do our midday market recap. We’re going to go over the trades from today. Chat room, we’ve got your audio on so you guys should be able to hear me. Facebook is streaming, and I’ve got the video recording for YouTube. Today, I mean, what I can […]
Finishing the 17th Green Day in a Row +1,164.63 All right. All right guys, we’re going to go over today’s trades. You guys should all be able to see the screen share. Those of you on Facebook Live, you can see my pumpkins. Those of you in the chatroom, I guess you can see them […]
Dollar Cost Averaging or DCA is a technique used in investment that allows traders and investors to purchase fixed dollar amounts of a specific investment vehicle. In this case, it is common for the trader to purchase a large quantity of shares when the prices are low and lesser shares when the price is higher. […]
A fill or kill, FOK, order is a type of execution order that can be placed with a brokerage for the buying or selling of a security. When the brokerage receives the order, it either executes the order for the entire quantity at the desired price (or less) or it cancels the order completely without […]
The OTC Markets (Over The Counter) is a market for stocks that don’t meet the requirements for being listed on a major exchange like the NYSE or NASDAQ and has become somewhat of a wild, wild west arena over the years. However, it still attracts a plethora of traders and investors who are looking to […]
16th Consecutive Green Day & Crossing $25k In Profits For October All right. Let’s do our midday market recap. We’ll go over the trades from this morning. So I’m finishing today, the 16th consecutive green day, number 16, with $664.61. Only two trades today, I didn’t push it. I really stayed focused, and I would […]
If you’ve been reading all my previous blog posts (link to them here) you’ll notice that this one is a little different. As I love writing more about trading psychology and making some trades recap from time to time you may already know I like trading regular stocks (mostly picked from the S&P 500). […]
LEAPs are a type of option that stands for Long-term Equity Anticipation Securities. In practice LEAPS are simply vanilla equity options with an expiration date of more than one year. While most equity options are set to expire in 3 months or less, with a smaller market for up to 6 months, LEAPS are an […]
