Gross domestic product, or GDP, is the total monetary value of all goods and services produced within a set geographical area, usually a country or state, within a given time period, usually over the span of one year or one quarter. Gross domestic product is composed of consumption, investment, government expenditures and the balance of […]
As a technical research tool and investment software, ChartSmart was founded over 25 years ago. Currently headquartered in Vancouver, Canada, ChartSmart started by offering an end-of-day stock charting and screening software. As a standalone program, the stock charting and screening software is one of the earliest investment tools that aided traders and investors to spot […]
What’s up, everyone? Here we are. Monday morning, second-to-last day of July and finishing the day up $2,400. Another green day with some wild action today on AWX. We’ve been talking about this stock for a week. It was last week that it started to move up, and every single day we were thinking […]
What’s up, everyone? All right, you can tell by the lights … Oh, wait a second. We got to fix this. There we go. You can tell by the lights behind me it’s a green day, finishing the day up $3,786. Life is good. That’s a good way to finish the week. It makes […]
What’s up everyone? So well as you can see behind me the lights are still shining red. Second red day recap, well third red day of the week. I’m in a little bit of a rut. Last Thursday the market was slow. Friday, market was slow. Monday, lost 32 bucks. Tuesday I made almost […]
Trading is one of the most competitive professions in the world. It can be intimidating as a day trader to know that you’re going up against professional traders with access to cutting-edge technology and the best analysis and information in the world. Fortunately there are simple ways that day traders can emulate what professional traders […]
Trading is an inherently emotional experience. You’re risking your hard-earned money on something that is complex and you’re going up against some of the smartest people in the world. So before we even get into this topic, let’s just get it out there right now that day trading is extremely difficult and most people lose […]
Scaling in/out refers to the process of entering (scaling in) or exiting (scaling out) an increasingly favorable trading position. Scaling In/Out Example Suppose that a day trader wishes to buy 100 shares of Company A. He expects the shares to drop around $5 per share over the course of the trading day, but is […]
What’s up, everyone? It’s a Red Day Recap. Another red day. Second red day of the week. I’m down 1,300 bucks today. I’m not gonna sweat it too much. $9,500 yesterday minus 1,300 today. I guess that’s alright. I’m still green on the week. I can feel good about that. But man, the market was […]
An interest rate is a time-specific payment demanded of a borrower by a lender for the use of some asset. Interest Rate Example Suppose that a consumer borrows $1,000 from a bank, and the bank demands that the borrower pay back the $1,000 loan plus a $60 interest payment at the end of one year. […]
