Everyone loves a 20 monitor setup. But the number of monitors does not determine whether you become a profitable trader. Trading hardware or software by itself will not transform your skills overnight. But your trading hardware matters much less than your trading software in terms of executing your trading strategy. When you commit to trading …
Read moreTrading Software Check List for New Traders in 2022
Market volatility has caused big headaches for investors this year. Earnings, Russia-Ukraine Uncertainty, Inflation, Rates, and a variety of catalysts are spooking the market every week. With so many macroeconomic conditions and major headlines floating around, the market could drop or pump at any given moment. Moves are more violent, so you HAVE to know …
Read moreHow to Manage Risk Day Trading During Market Volatility
2022 has been a humbling year for many, many retail traders. The euphoric market of 2021 allowed many novice traders to take regular profits out of the market with very little strategy and trading expertise. This year has wiped out most of these traders. To succeed this year, you need a REAL process. You cannot …
Read more5 Free Video Lessons to Watch Before Making Your First Trade (2022)
Becoming self-aware is a key step to growing as a trader. Not only will it ‘humble’ you and remove any erratic emotions out of your trading process, but it will also help you identify pitfalls and holes in your strategy. It will also help you succeed in other areas of life. It is one of …
Read moreHow to Develop Self-Awareness to Become a Profitable Trader
Since the turn of the year, the US stock market has been getting annihilated. Major indexes are down as much as 15% already this year, with some individual stocks down as much as 50%. This downturn has prompted some questions from our community surrounding the topics of how do I stay safe during a bear …
We saw an ugly close to the stock market in 2021 and everyone was reassuring the bulls that the January Effect would make everything okay. That has not been the case this year so far. The January Effect is a potential seasonal increase in stocks during the month of January. Many traders and investors attribute …
Read moreEverything You Need to Know About The January Effect in 2022