Day trading is a popular investment strategy for those looking to make quick profits by capitalizing on small changes in the market. However, day trading can be a high-risk strategy that requires significant knowledge, skills, and dedication. In this blog post, we’ll provide a comprehensive...
Please check the grammar and spelling of the following blog article: How to Start Day Trading. Starting a new career in day trading is not something to take lightly. It is becoming increasingly popular as people seek to learn how to day trade because they're finding...
In a previous article, I strenuously warned against the temptation of holding overnight positions. When I give my top ten rules of day trading "don'ts", no overnights is Rule #1. A VERY close second is no dollar-cost averaging. For those who don’t know, dollar cost averaging...
Are you trying to decide between futures trading and options trading for your next investment strategy? Knowing the key differences between these two kinds of trades can help you make an informed decision that best suits your needs. Futures trading is an agreement between two...
When it comes to penny stocks, many traders have a common misconception that anything under $5 is considered a penny stock. However, the truth is that penny stocks can trade up to $20-$30 or more per share, and the value of the company and its...
Discover why using a trading simulator or paper trading is crucial for beginner traders to master essential skills and gain experience before risking real money. Get the best tips for using a simulator platform and succeeding in trading. As a beginner trader, it can be tempting...
It is a widely recognized fact that a majority of traders struggle to generate profits over an extended period of time. This can be attributed to various factors, including preventable amateur trading errors. However, even experienced traders can fall prey to a common pitfall: selecting...
Are you interested in day trading stocks or options? If so, you may have heard of the Pattern Day Trader (PDT) designation. The PDT rule was implemented by the Financial Industry Regulatory Authority (FINRA) to protect individual investors from the risks of day trading. In...
FOMC (Federal Open Market Committee) day is an important event for stock traders. It's a day when the Federal Reserve announces its decision on interest rates, which can have a significant impact on the stock market. As a day trader, it's crucial to have a...
A short squeeze is a stock market phenomenon that occurs when a heavily shorted stock or security rises in price, causing traders who had previously sold it short to close out their positions and buy back the stock. This sudden buying pressure causes the price...