Wondering what it’s like to day trade for the first time? As a newcomer to this industry, you will have tons of mixed emotions approaching your first day in action. You don’t want to show up to your first day fearful and scared. If you prepare and get educated, you will come in as a …
Everyone’s life is full of commitments. A family, 9-5 job, friends, routines, etc. It can be daunting to try to balance everything and fit trading into your life. Many mistakenly think that you need to give up everything to trade. You don’t need to quit your job immediately, get divorced, or make insane sacrifices. The …
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 …