What’s up, everyone? All right, so here we are, Monday morning. I thought today was going to be a slow day of trading. Gap scanners were dead. Our biggest gapper was MYO, gapping up only 25%. Didn’t take any trades on it, it faded. We were watching a couple of sympathy plays from last […]
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Trade Recap: Time to Get Away? -$115.95
What’s up, everyone? All right, so here we are, end of the week. What started as an incredible month of May has, really, things have just slowed down. The last three days have been really kind of choppy and quiet. We haven’t seen really good breakouts. We haven’t seen as many stocks. Halting on […]
National Association of Securities Dealers (NASD) Definition: Day Trading Terminology
The National Association of Securities Dealers, or NASD, was the regulatory agency charged with overseeing the operation of the NASDAQ stock exchange and various over-the-counter (OTC) markets. The National Association of Securities Dealers also oversaw the examination and licensing of various investing professionals, such as the series 7 exam. In 2007 the National Association of […]
Another Frustrating Day on The Market! -$731.34
What’s everyone? All right, so here we are. Thursday morning finishing the day red, two back to back red days. But, today things were a little bit more moderate. I didn’t have any big, big swings. I had a couple of nice trades, like four or five green trades. Then, about three losses. So, […]
Huge Trading Loss! -$13,292.99
What’s up everyone? All right, so here we are, finishing the morning, and I am in the red. Today is one of the worst days of the year, and right now we’re in this … Well, let me grab my calendar. We’re in this kind of phase where the market has been so, so hot, […]
Stockbroker Definition: Day Trading Terminology
A stockbroker is a licensed financial professional who executes securities trades, primarily equities, on behalf of clients for a fee or a commission. Stockbroker Education While there are no strict educational requirements for stockbrokers, most stockbrokers tend to have at least a bachelor’s degree in finance or business administration. Stockbrokers are expected to have knowledge […]
Trading Enlightenment Attained! +$3,466!
What’s up everyone? Alright, so here we are, Tuesday morning, another great day of trading. I’m finishing the morning up $4,200 and that puts me up now over 70,000 on the month of May and what’s today? it’s May 8th. This is crazy. We still have three weeks left to keep trading, so the […]
Day Trade Recap: He Who End Day Green, End Day Happy! +$5,150!
What’s up everyone? All right. So here we are. Monday morning. Another great day of trading. Finishing the day up about $5,000 and this month has just been incredible, 29,000 last Wednesday, $29,000 on Thursday, $8,000 on Friday, $5,000 here on Monday. So when we’re in that kind of market, I mean, you can see, […]
May The 4th is With Me +$8K!
What’s up, everyone? All right, so here we are finishing the fourth day of May. My 79th trading day of the year, up 8,500 bucks. So just this is crazy. And you know what, when I started on May 1st with a $3,000 losing day, it was my fourth red day in a row. […]
Out of the Money Definition: Day Trading Terminology
The term out of the money refers to a strike price on a vanilla equity option that is above the current market price for the underlying stock in the case of a call option and below in the case of a put option. Out of the money options have no intrinsic value, as they are […]