Day trading involves so many focuses and skill sets that it can be overwhelming at times to stay efficient and focused. Whether you are a beginner or a seasoned veteran, these 10 basic rules can help keep you on track for smarter day trading. 1) Do Your Homework...
Importance of Money Management Money management is the make or break skill set that will impact a trader’s longevity the most. No matter how technically skilled a trader may be, poor money management can cause all kinds of unforced errors resulting in account...
What is a Stock Scanner? Stock scanners are automated tools that filter through the markets to find stocks that match a pre-selected set of technical and or fundamental criteria. Technical scans can consist of specific candlestick formations, price alerts (new highs...
I’ve been day trading the markets for over a decade now. I’ve tried plenty of strategies and I’ve been forced to adapt to changing market conditions multiple times. When new traders enter the world of day trading, it can seem like there is an infinite amount of data...
Learning to day trade is one of the most challenging things I’ve done. When I first searched “how to day trade”, I had no idea the depth of the question I was asking. I thought learning to day trade the stock market might be like learning to change the oil in a car. I...
If you’ve been around trading long enough I’m sure you’ve heard the phrase, “90% of all traders fail”, thrown around at least once. While it’s difficult to prove that this is pure fact, it has nonetheless gained enough traction such...
