We don’t sugarcoat it. Most people fail at this game. The 90%-95% failure stat you see thrown around all the time isn’t far from the truth. There are struggling traders everywhere, despite how it appears to be on social media. If you’re reading this you probably fall in this category also. Despite what society tells …
As per usual during a 2% market pullback in recent years, everyone starts to panic and think about a recession. A stock market crash is actually one of the best opportunities for traders who have the right strategies, and make decisions under pressure. Some of the biggest fortunes in the world have come from stock …
Recently Interactive Brokers launched a new brokerage service called IBKR Lite. This brokerage will offer free commissions and unlimited trades on US exchange-listed stocks and ETF’s (exchange-traded funds). Here some of the key features that you should know about: Zero commissions on US exchange-listed stocks and ETFs No account minimums No inactivity fees Free market …
Read moreInteractive Brokers to Launch IBKR Lite Platform with Free Trading Commissions
Too many people in the world hold the belief that they don’t have control over what happens in their own life. The majority of the world believes that they are a victim of circumstances out of their control. Negative events are always someone and something else’s fault. They live their lives justifying being in a …
Read moreBiggest Differences Between Winning and Losing Traders
If you’ve ever seen a cat fall from a tree, you know it doesn’t crash to the ground and stick the landing. Instead, it bounces before coming back down. Stocks often act like cats falling from trees, especially momentum stocks that have reached obscene heights. That’s because many traders have short memories and buy dips …
Breakout trading is one of the most common styles of stock trading. It is a strategy where you buy a stock after it breaks over a resistance level, anticipating that it will head higher. But false breakouts occur all the time. It is never this simple. Many breakouts fail. Not necessarily because the general strategy …