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
With Bitcoin breaking it’s all-time high this week, crypto has been at the forefront of people’s minds. The hype train has continued to steamroll forward. What most people don’t know: You don’t have to trade cryptocurrency themselves to capitalize on the momentum. In the stock market, you are able to gain exposure to crypto and …
Whenever someone starts their trading journey, the temptation to join pump and alert rooms may be high. The intense attraction to them might stem from the ‘comfort’ you may think you have following someone who seems ‘reputable’ and is making money day after day. In reality, you are just making your fear of losing on …
Read moreHow To Find Your OWN Trading Strategy to Find Consistency
Over the past few weeks, we have seen some crazy moves in the market. Every trader, regardless of their experience level, knows that volatility equals opportunity. For momentum traders, volatility is extremely beneficial for a number of reasons. On the other hand, traditional investors panic whenever they see the market get shaken up! The main …
One of the most common questions we get from new traders when they first open up a platform is: “How do I actually execute an order and place a trade?” In trading, there are several types of orders that you have to be aware of when placing a trade. To get into a long or …