Piercing Pattern Definition: Day Trading Terminology A piercing pattern is a reversal signal used in technical analysis to identify a potential shift from a downtrend to an uptrend. The pattern involves a large red bar on the first day and a similar-sized green bar on the next day that initially gaps lower yet closes somewhere […]
Table of contents Stock Scanners are a Requirement For Day Trading Premarket Gap Scanner High of Day Momentum Scanner I find almost every single trade setup on one of the stock scanners that I built with the team at Warrior Trading. I can’t speak highly enough about this tool, because without scanning software I would […]
Harami Candlestick Pattern Definition: Day Trading Terminology The Harami candle pattern is a reversal pattern used in technical analysis to predict an upcoming change in price trends. Harami candle patterns can be either bullish or bearish as reversal indicators, since they always involve a large candle on the first day followed by a small opposite […]
A dark cloud cover pattern is a candlestick pattern used in technical analysis to identify the peak of upward price trends, but what does it look like? This pattern typically appears on a stock that has had a recent upward trend with a gap up that is sold off and closes below the previous days […]
StockCharts is an award winning charting tools provider that allows access to real time intraday data. With the charting tools, chartists have the option of finding stocks and other financial instruments that meet one’s criteria. Members also have access to technical alerts giving one an edge against the market and other traders. As a result, […]
Options trading is one of the most exciting and rewarding areas in contemporary finance. While options started as a highly technical and specialized derivative used mainly for placing small hedges on major equity positions, they have blossomed into extremely popular trading tools used for the creation of highly complex and sophisticated positions in every market, […]
Options trading is already complex enough but when you start looking at margin trading with options you are adding a whole new dynamic to it. However, once you have a solid understanding on how options work with margin then you will be in a position to execute strategies that have a statistical advantage like credit […]
Cost of Capital Definition: Day Trading Terminology Cost of capital is a benchmark rate of return that any project must meet or exceed to justify the internal investment in a company. The exact make-up of the cost of capital measure will vary from company to company, but is usually generated as a weighted average cost […]
Finishing Friday With 100% Accuracy: 6 Trades 6 Winners! What’s up everyone? All right so finishing the week here. This is my second green day in a row. I’m bouncing back a little bit, up $1,600 today. But the nice thing is that I took six trades today and I had six winners. I […]
Leaving Boston +$767.33! What’s up, everyone? All right, so finishing the fourth day trading here in Boston. As I think back on the last three days, it’s been difficult. This has not been the relaxing trip to Boston that I thought it would be. It’s been stressful and frustrating and three consecutive red days […]
