Trade In The Simulator As If It Were Your Hard-Earned Money! One of the most well-known statistics that every trader knows is that 90% of those who try to be consistently profitable will fall short into their attempt. In fact, just looking at this one number, it’s going to be easy understanding why trading is […]
Day Trading
Daily Recap Day 51 of the $100k Challenge +$1,542.58 | Ep. #55
Daily Recap Day 51 of the $100k Challenge +$1,542.58 | Ep. #55 All right guys, so we’re going to do a little mid-day market recap here. We just recorded our fifth episode of Behind The Trades, so that’s going to be on YouTube, Facebook Live, and on the podcast. Obviously in that episode, we did […]
Day 49 of the $100k Challenge -$5.9k on my 4th Red Day | Ep. #53
Day 49 of the $100k Challenge -$5.9k on my 4th Red Day | Ep. #53 All right, guys, so let’s do our mid-day market recap. Here we are, on the other side of that big snow storm. Today is day 49. Now, I want to remind you guys all that Friday, of course, is Saint […]
Day 48 of the $100k Challenge – Red Day Recap Pt. III -$2.6k | Ep. #52
Day 48 of the $100k Challenge – Red Day Recap Pt. III -$2.6k | Ep. #52 Guys, here we are on day 48 on the 100K challenge. Today unfortunately is the third red day recap in a row. This is the first three day red streak I’ve had in 2017. I’ve had, I think, two […]
Day 47 of the $100k Challenge -2.2k | Ep. #51
Day 47 of the $100k Challenge -2.2k | Ep. #51 All right, guys. We’re going to do a little midday market recap here, go over the trades from today. Today’s Day 47 of the $100,000 challenge. Thankfully, I broke $100,000 last Wednesday on Day 44 because as of now I’ve dipped back below 100. I […]
Day 46 of the $100k Challenge -$3k | Ep. #50
Day 46 of the $100k Challenge -$3k | Ep. #50 All right guys so, here we are at the end of the week. This is day 46 of the 100,000 dollar challenge and unfortunately, today is a bit of a disappointing end to what has otherwise been a great week. I’m finishing the day down […]
Option Theta Definition: Day Trading Terminology
The simplest way to describe theta in options trading is that it is the daily decay of the extrinsic value of an an option. However, the metric is based on the assumption that the price and volatility of the underlying security will be constant over that period of time, which is never the case. […]
Forget the 40 Hour Work Week, How Does $2,614 Dollars a Day Sound?
Forget the 40 Hour Work Week, How Does $2,614 Dollars a Day Sound? Hey all, John L10 here! The last article I published was on Jan 31st, where I did a recap of my trading profits for the first month of 2017. I also gave my general thoughts on why I trade small caps. I […]
Relative Strength Index (RSI) Definition: Day Trading Terminology
If there is something that counts in binary trading, it has to be the Relative Strength Index. This essential aspect can help you become a successful trader if you understand how to analyze the markets with this significant identifier between overbought and oversold conditions in asset trading. What is the Relative Strength Index? […]
Dividend Definition: Day Trading Terminology
Investing terms are important to understand if you want to get involved in the markets. A full understanding of them will help you make better choices when it comes to how you are investing your hard earned funds. One of the terms that you should know is something called a “dividend”. What Is A Dividend? […]