Trying to time the exact bottom or exact top is one of the BIGGEST mistakes new traders make. We see traders every day on Twitter sharing their bottom tick or top tick prints. But what you do not see is the 5 losses they took on the way down trying to guess the bottom, and …
Read moreMust-Read For Day Traders: How to Catch the Meat of the Move
There is so much noise and information on the internet about the stock market for new traders. One of the most common questions we get: Where do I start if I am a brand new trader? It is imperative that you get educated before you risk your hard-earned money in the market. You have to …
In the past 18 months we have seen droves of retail traders enter the markets. Regardless of how long you’ve been trading, if you find yourself struggling in the markets, you need to ask yourself this important question: Am I treating this as a hobby, or like a profession? Trading is easy to get started, …
Tired of trading with a small account? Frustrated because it’s limiting your earning ability? It’s true: You need money to make big money in trading and investing. This is actually a great thing for new traders. In the long run of your trading career, starting out small is the right move. Here’s why: Why Trade …
What isn’t measured, cannot be improved. You will never find trading success without using a trading journal. If you don’t document your trades, you will not be able to learn from your mistakes and grow. Most traders know they should be journaling. But they don’t know why it is important, or how to do it …
Read moreHow to Use a Trading Journal to Find Consistency in 2021
As a record number of retail traders enter the stock market in the past 12-13 months, many are learning a hard lesson: Timing is everything. A trade thesis is meaningless unless you can buy and sell the stock at the correct time. FOMO is at all-time highs as people buy into the hype of meme …