Day 92 – Finishing the week +$2.6k Alright guys, so, time for our midday market recap. Finishing the week here with another Green Day. I’ll pull up my P&L for you. For those of you watching on Facebook, you can see my P&L there up $733. Traded three stocks, four trades total, and two green […]
Day Trading
Day 90 LIVE from Las Vegas with our Inner Circle Students
Day 90 LIVE from Las Vegas with our Inner Circle Students All right. So, we’re going to do a midday market recap. We’ll go over the trade from today, obviously not a bad day. So, if we look at our … and obviously those of you watching on Facebook, we’re in Las Vegas. I’m no […]
Daily Recap on Day 89
Daily Recap on Day 89 All right guys, so we’re going to do a midday market recap, go over the trades from today. Today is my 89th trading day of the year, I missed a couple of days at the end of last week. I was in New York City and had some meetings and […]
Market Trend Definition: Day Trading Terminology
A market trend represents the general direction in a market or a security. Trends can also be applied to interest rates, yields or any other market that features long-term movements in volume and price. The length of market trends can vary between short-term, intermediate and long-term. In general it is better to trade with a […]
Fibonacci Retracements Explained for Beginners
If you are an active trader you might have noticed that financial asset prices follow certain patterns. A pattern that consistently occurs is consolidation between price ranges. Financial assets will often trade in a tight range, consolidating a recent move, and then move to another range and repeat the process. Even during market trends […]
Merger Definition: Day Trading Terminology
Merger are deals that unite two separate companies into a single new company. There are a number of different types of mergers, and a number of different reasons for companies to go through one. The most common type is the uniting of two completely separate companies into a single new company with a new name. […]
Crossed Market Definition: Day Trading Terminology
A crossed market refers to a temporary situation where bid prices associated with a particular asset or security is higher than the asking price. Also referred to as backwardation, it is the futures market relationship where the prices are lower than the spot prices. A crossed market is a temporary situation that presents an arbitrage […]
Day Trading Is Just a Math Business
Day Trading Is Just a Math Business One of the most common struggles every trader has while trading is for sure having to deal with emotions. In fact, the best suggestion you can follow is to leave out emotions from your trading activity and focus on the technical execution only. That’s why I don’t look […]
Cup and Handle Trading Guide
The cup and handle pattern is a continuation chart pattern that looks like cup and handle with a defined resistance level at the top of the cup. It forms from a strong drive up that pulled back and consolidated over a period of time creating the cup before making another push to the […]
Stop-Limit Order Explained
What is a Stop-Limit Order? A stop-limit order is an order type that combines the features of a stop and a limit order with the idea to reduce slippage risk. To successfully execute this order type, two price points must be determined: a stop price and a limit price. The stop price will trigger the […]