Day trading is an attractive proposition. The potential to make a great deal of wealth is what has those unaware of the complexities and challenges sauntering into the market planning on nothing but success. That’s why hitting that first bump in the road can be so challenging: failing to recognize ahead of time that failure …
Trading is not for the faint of heart. Varying amounts of personal investment and often-stressful conditions can wear down the unprepared. For this reason, a little foreknowledge goes a long way in determining success. Here are ten tips to keep in mind when taming the stock trading jungle. Choose Your Tools Wisely Master carpenters have a …
For the uninitiated and un-enlightened, day trading can seem like snake oil. Hollywood and media depictions of arrogant suits building piles of money through suspicious activity seem to dominate the public view-port. But the process is nothing like these dramatizations would lead you to believe. In fact, the occupation lives and dies on extensive knowledge, …
Read moreTrading Education vs. Trial-and-Error: How to Save on Time, Money, and Headaches
Hey guys! We had a really sick day today in the room. Stocks were flying everywhere. I wanted to point out some of the intraday patterns that we traded today so you guys could understand a little bit more about why we took a few of the trades. Take a look at the charts below …
When CNBC pops up during your channel surf, drowning in hieroglyphic symbols and numbers that, allegedly, mean something to someone out there, it’s easy to understand why confusion about the stock market abounds. Inundated with raw data and financial jargon, it can be hard to make heads or tails of options, stocks, and margins. But the reality …
Read moreSimple Answers to the Most Confusing Stock Trading Questions
Here is a trade we did last week in $OCLS. We do this type of short often after a press release causes a stock to go up into the stratosphere. $OCLS was one of those stocks that was up 200%+. We actually tried the stock long for a minute and when it didn’t hold we immediately …