Broker inquiries are some of the most common questions we get. It is one of the most important decisions you’ll make in your trading career. There are so many brokers out there with so many features, it can become quite overwhelming. There is no best broker that is the best for all traders. Depending on …
Read moreHow To Choose The Correct Stock Broker For Day Trading
Huge relief rally after SPY managed to hold weekly 200 MA. The bounce was due after 8 down days and multiple indicators was showing extreme over sold conditions. Daily charts showing 8 EMA resistance coming up. After 5% run up in one day things get trickier now. Market can easily have a multi day bounce …
It is actually more important to see how the stock reacts to the news than the actual news itself. But it is important to always know why a stock is moving. Every great trader knows which types of news catalysts are conducive to their trading strategy. Having a tool that provides you live news on …
If you are serious about becoming a successful trader, you have to be able to find the stocks that fit your unique niche. Many new traders just join a chatroom and follow the leader’s picks. The reality is that you will never consistently profit from following someone else. You need to have your own stock …
As traders if we stop learning, we die. Okay I’m being dramatic, but at the least our accounts die. It was Henry Ford who famously said “anyone who stops learning is old, whether at twenty or eighty”, and I could not agree more. It is for this reason that I take the last couple of …
Read more11 Important Lessons Learned Swing Trading in 2018 (How We Mastered The Bear Market)
Most new traders out there want to spend the least amount of money possible on trading related expenses. They want free scanners, free charting software, free education, and commission-free trading. You don’t need to go crazy with expenses, and don’t need to be spending more than $400 per month on software. But it is a …