You understand what support and resistance are. You are starting to understand the terminology and the basic rules of the stock market. But how do you put everything together and actually start making money? Today we will discuss the second phase in the trading journey to profitability. The Educational phase of your career is the …
Read moreThe 5 Stages of a Traders Career: #2 The Educational Phase
Every single trader in their career at one point was a newbie. Every master was once a beginner. Even people who studied finance in their undergraduate education do not have much of a headstart over others. Trading is one of the most rewarding professions in the world, but it is also one of the most …
Read moreThe 5 Stages of a Trader's Career: #1 The Newbie Phase
How long does it take to become a consistently profitable trader in the stock market? That is one of the most common questions we get from aspiring traders. We are going to answer that for you with this week’s blog series: The 5 Stages of Trader’s Career. The answer is not a set amount of …
So many traders have been getting chopped up the last few days with the market stuck in a tight range. There was a ton of volatility in the markets the last couple months, and recently we have seen a major contraction in the range of the overall market. We are too overbought to have a …
It’s the start of the new year again, and everyone is talking about goal setting. In trading, goal setting is very important, and every trader has their own unique goals they are trying reach this year. But there is one goal that every trader should strive for in 2019, no matter your experience level. The …
The last two months of 2018 have seen some of the highest levels of volatility in the S&P in over a decade. These market conditions are deadly for day traders with no risk management, sense of timing, or patience. But for traders who possess these qualities, it can be the time when you make the …
Read moreEssential Tips for Day Trading The 2019 Market Volatility