Trading a small account vs. a larger account requires you to make some adjustments. Especially when managing risk. Risk management is the most important aspect of survival and success as a trader. These adjustments are key for the longevity of your career, and stable growth of your account. Not only do you have to make …
With Thanksgiving and Christmas right around the corner, traders gear up for another crazy winter of activity, volatility, and opportunity. During the holiday season, the action in the markets tends to aggressively spike, especially in the small cap world. With small caps, there is so much opportunity for profit in a short period of time, …
Read moreCircuit Breaker Halts and Holiday Small Cap Momentum
Overtrading is one of the biggest account killers new traders fall prone to. It even plagues experienced traders. You have to know when to stop, shut off the screens, and walk away. Our minds want to keep gaining and seeking out stimulation from the markets as long as they are open, but as any veteran …
Every new trader is obsessed with indicators. They think there is some magical indicator out there that they can slap on their chart that will instantly turn their computer into an ATM machine. Unfortunately, this is a pipe dream sold by many trading gurus. There is no special indicator you are missing that will change …
Before even starting their trading journey, a lot of new traders bring this question up to us this question: “Should I open a cash account or a margin account at my brokerage?” The difference between these two accounts is pretty straightforward, but everyone should know them. This is especially important if you’re trading with a …
Read moreMargin Account vs Cash Account: Which is Better for Small Accounts?
Last week, the move on $DWAC captured the world’s attention. A few times a year, we will get a crazy stock that goes up 1000% in a couple of days. A crazy move like this always creates a few big winners, but it also leaves a ton of blown accounts and pain behind it. It’s …
Read moreDWAC Trading Lessons: How to Trade Parabolic Stocks