Day trading is a profession with an image problem. Hollywood blockbusters and cultural myths are happy to tell the story of drug-fueled gamblers swindling kind-hearted souls out of their money. But the reality is, in truth, much more banal than the movies would have you believe. As it turns out, day trading is not a …
Read moreHow Does Day Trading Compare To Investing and Gambling?
Photo credit: Stuart McEvoy Source: news.com.au Martin Scorcese’s Wolf of Wall Street is a thrilling, barn-burning, high-octane depiction of securities trader Jordan Belfort. His party lifestyle and meteoric rise and fall are excellent fodder for movie goers, but what do we know about the man himself? While Leonardo DiCaprio is likely to win awards for his portrayal of the …
Day trading is a fast-paced occupation, so it’s easy to feel overwhelmed. From moving markets to moving analytics, choosing the right position, entry point, and even sector of the market can be a nigh impossible exercise. But trading is possible, and with analytics, education, strategy, and a level head at your side, you too can …
To quote conventional wisdom, “time is money.” And while this phrase has some truth, time is also time. The precious seconds we’re given everyday are a commodity in their own rite, affording time with our friends and family, the opportunity to indulge hobbies, and the flexibility to relax from time to time. The problem is, …
Human beings are not calculators. Sometimes, perhaps, we wish we were. After all, there’s plenty of money to be made off of good math, and day trading is living proof of that fact. In some ways, our ability to think outside the box is what can set us apart, but the difference between creative thinking …
Read moreDay Trading: The Importance of Keeping Your Emotions Under Control
Bulls and bears, booms and busts; each scenario provides an opportunity for profit. While long-term investors concern themselves with fundamental market movements, those playing the short game understand the importance of a little statistical know-how. Technical analysis isn’t simple, but within its techniques resides a few simple truths that can clarify the market picture and …