Every trader will have their own personalized trading style, niche investment area and set of rules or guidelines. However, there are a few key day trading tips that every great trader knows and follows religiously. Despite all the potential variation among traders, there are a few aspects to trading that are absolutely essential to success. […]
Day Trading
How To Invest In Marijuana Stocks Without Getting Burned
The decriminalization and legalization of marijuana and cannabis-based products has been advancing at an accelerating pace over the last half-decade. Many investors have recognized the enormous potential market that this medicinal and recreational drug represents. However, the contemporary marijuana industry has a very “Wild West” feel to it, and it can be difficult to identify […]
Base Hit Monday! Small gains to start October
Base Hit Monday! Small gains to start October All right, so time per hour, mid-day market recap. Gonna do it a little bit early today, but that’s fine with me, I’m gonna throw in the towel here on the early side, so finishing the morning up, only $184.32, so it’s actually my smallest green day […]
+$2,577.40 as we wrap up the month of Sept!
+$2,577.40 as we wrap up the month of Sept! Okay, so we’ll go over the trades from today. Finishing the morning up $2,577.40. You can see the P&L down here in the corner. The P&L up at the top is my net profit today because I carried PGNX overnight, so that extra $219, whatever it […]
The Essential Options Trading Guide
Table of contents Understanding An Option Chain Buyers Versus Sellers Further Important Facts and Terminology A Universe of Options So you want to become an options trader? Options traders have developed a bit of a mystique in the financial world as masters of complex mathematics and theoretical finance. Puts, calls, strike price, open volume, […]
+$545 this AM plus a new Swing Trade going into Friday
+$545 this AM plus a new Swing Trade going into Friday All right, so we’re going to do our midday market recap here, go over the trades from this morning. While we do the recap we’ll keep A-M-M-A on watch to see if it gives us a trade opportunity. High of day right now is […]
Average Directional Index Definition: Day Trading Terminology
The average directional index (ADX) is a technical indicator that is used to signify the strength of a trend. It is a non-directional indicator, so it signals trend strength with no reference to whether it is an increasing or decreasing trend. The ADX is most commonly used alongside directional indicators as a complementary source of […]
I’m back on the wagon with a Green Day!
I’m back on the wagon with a Green Day! All right everyone, let’s do our midday market recap and go over the trades from today. Remember, today I had one goal. That goal was to finish the day green. The last thing I wanted was another red day. My goal was just look for easy […]
Top 5 Benefits For Building An Automated Trading System
Top 5 Benefits For Building An Automated Trading System As traders develop their skills and look to capitalize on more and more strategies it eventually becomes too much for any one trader to handle on their own. This is where automated trading systems (ATS) have come into play in recent years which has helped traders cover […]
Pure Inspiration Can Change Your Life
Pure Inspiration Can Change Your Life When looking at my personal story, I always make an effort to analyze it with a third-party perspective. I really think that I need to process it in a way that I’m able to truly extract the key moments of realization that has made the difference in bringing the […]