TD Ameritrade’s Thinkorswim trading platform is widely considered one of the best trading platforms available. It is a desktop application that offers access to real-time data streaming, charting, technical studies, stock scanners, research reports, and more. It has solid educational resources, including a learning center with instructional videos, online courses and trading demonstrations. One of […]
Day Trading
E*TRADE Broker Review
E*Trade is best known for its funny commercials. But the broker has some serious trading tools that day and swing traders should be aware of. Moreover, E*Trade is a financial conglomerate, so there are many more resources available. Brief Overview E*Trade got its start in 1982 in Silicon Valley as a brokerage startup. Since then, […]
Why Day Trading is like Crab Fishing in the Bering Sea
Why Day Trading is like Crab Fishing in the Bering Sea The Top 4 Reasons Trading is like Fishing in the Bering Sea 1) Sometimes despite all your efforts, you come up empty! 2) Sometimes you take a big risk knowing you’ll either be a hero or a zero 3) Mechanical and Technical […]
Options Key Terms & FAQs
Options Trading Key Terms American Option – An American option is an options contract that can be exercised on or before the expiry or maturity date unlike a European option. Assignment – Assignment refers to when an option seller is designated to buy or sell the underlying asset which typically happens when an option expires in the […]
Trading Halted! Everything Traders & Investors Need to Know
Table of contents What is a Trading Halt? History of Circuit Breaker Halts How are Volatility Bands Calculated? Limit Up Limit Down How does a stock get halted? How long is a Circuit Breaker Halt The Flaw with Penny Stocks Market Wide Circuit Breaker Halts Other Halt Types Updated: October 24, 2023. Written by Ross […]
Best Day Trading Books
Best Day Trading Books The best traders never stop studying. We want to encourage all of our members to focus on education and improving their strategies whenever possible. For that reason, we want to make a few suggestions of great books that you can read in the evenings when the market is closed! How to […]
Support and Resistance on Low Float Small Cap Momentum Trades
Low float small cap momentum is back in the market, but do you know how to find support and resistance on your charts? Learning to identify and use these important levels will help improve your entries, exits and your overall profitability! Today we saw some really nice momentum on $IO and $CECO. You can see […]
How To Set Up Your Day Trading Computer
Table of contents The Day Trading Computer Picking The Right Processors Hard Drives RAM Graphic Cards The Monitors The USB to HDMI Adapters The Monitor Racks Putting It All Together Okay so you want to start day trading! You need to make sure you have the right setup (Make sure you read our blog, The […]
The Best Tools and Software For Day Trading
Table of contents Day Trading Software Online Broker Stock Scanning Software Charting Software Many new traders make the beginner mistake of using the wrong tools. Using the right day trading software and day trading tools is critical. While a skilled trader can make do with less than ideal tools, beginner traders need every advantage possible. […]
Revenge Trading: The Leading Cause of Trader Failure
I have worked with thousands of traders and having watched our students trading in real-time in our Trading Simulator. I’ve discovered the most common cause of failure revenge trading and poor risk management. By understanding the intricacies of these struggles, new traders can learn how to overcome the most common hurdle. The Basics If […]