In day trading, divergence is a trading concept that forms on your trading bar chart and results from the price action of a security moving in opposite directions. This happens when the price of an asset or index makes a higher high but the indicator used makes a lower high, usually the MACD indicator. What […]
Day Trading
+2.8k Trading a Pharma Stock with News & Strong Daily Chart
+2.8k Trading a Pharma Stock with News & Strong Daily Chart Okay, so for those of you watching on YouTube, just jumping in here for the midday market recap. Like I said, I was fully prepared not to take any trades today. I wasn’t seeing anything that was very good on the gap […]
Practical Guide to Building a Stock Watch-list Every Day
Practical Guide to Building a Stock Watch-list Every Day Becoming a successful trader requires a constant process of refinement. When it comes to the activities of a day trader, it’s massively important to establish a well-defined daily routine that can be easily repeated every day before the market opens. In this one article, I’d […]
Learn from my mistakes! Swinging for the fences DOESN’T always work
Learn from my mistakes! Swinging for the fences DOESN’T always work All right, let’s go over the trades from today; today’s midday market recap. It’s a little after 1 p.m. now, and I want to go over the trades from today and how things went down. Today was a day that I hit max […]
Day 113 Red Day Recap: My biggest mistake today…
Day 113 Red Day Recap: My biggest mistake today… All right, guys. We’ll do a little midday market recap here a little on the early side, go over the trades from today. Overall today we saw a lot of strength in Biotechs. IBB was very strong today, so far this morning at least, […]
Red Day Recap on Friday Day 111
Red Day Recap on Friday Day 111 All right, so let’s do a midday market recap. Today is the 111th day of the year and I’m frustrated to say that it’s a red day. I’m down $871. I started the day with a red trade. My first trade as at 10:15 this morning […]
Behind the Trades: The Metrics of Profitable Trader | Ep. 8
Behind the Trades: The Metrics of Profitable Trader | Ep. 8 The Warrior Trading Profit Trifecta Click/tap images to enlarge or Click/tap here to see the Full Profit Trifecta Student Questions for Ross This Week: 1. When a stock hits the High of Day Scanner, what’s the first thing that you look at? […]
Freeriding Definition: Day Trading Terminology
To be a successful day trader, skill, discipline and training are among the most important attributes that one has to possess. Every trader has goals they would love to attain. Some of the goals include attaining good returns, minimizing risks and compounding growth. To ensure every trader has a fair leverage when interacting with the […]
Take Your Trading To The Next Level
Take Your Trading To The Next Level So you want to take your day trading to the next level? Excellent, you have come to the right place. Many aspiring traders have a difficult time reaching consistent profits while others have a hard time pushing themselves to the next level. Below I’ll go over some […]
Finishing the 110th Trading Day and getting ready for FRIDAY!
Finishing the 110th Trading Day and getting ready for FRIDAY! All right guys, so we’ll do a midday market recap here, go over the trades from this morning. Overall, today was kind of a slow day. It was just not a lot of really good opportunities. I’m finishing the day down $111, which […]