Price averaging is the act of extending an existing position in a stock by buying or shorting additional shares at a different price than the current entry price of the position, which alters the average price of the position as a whole. For example, suppose that an investor buys 1 share of company A at […]
One of the best pieces of advice I could give a new trader is this: do not waste your time looking for the Holy Grail trade because in trading, such a thing doesn’t exist. The same concept applies to the fact that there is no such thing as a perfect strategy that will fit everyone’s […]
Buy to cover is an order type made against a stock with the purpose of closing an existing short position. Traders are required to place the buy order with a broker so as to fulfill the requirements of a margin call or to close a position for a profit. Short selling is the process of […]
Pink sheets refer to a daily list of bid/ask quotations for over-the-counter (OTC) stocks compiled by the National Quotation Bureau. Companies that trade on the pink sheets do not need to meet the stringent requirements for trading on a stock exchange, and the trading of pink sheet stocks is much more lightly regulated than trading […]
Table of contents What Is Paper Trading? Why Paper Trading Matters for New Traders How Paper Trading Works Choose a Platform Trade With Real-Time Data Place Orders Like the Real Market Test Your Strategies Safely Build Confidence Before Going Live Pros and Cons of Paper Trading Tips for Making the Most of Paper Trading Treat […]
Risk Is Not A Choice In Trading, Fear Is During these times, it is quite easy to find inspiration. If you’re a member of the Warrior Trading chat-room, you already know what I am talking about. He switched that dream of becoming a full-time day trader into a feasible plan for me. In the latest […]
Are You Ready To Be A Day Trader? If you are reading this, then you probably already have your own personal vision of what your life will be like as a professional day trader. You will get up early, exercise while catching up on the overnight financial news, eat a healthy breakfast while firing up […]
And The Best Pattern For New Traders Is… Starting out as a new trader with all the technical indicators and chart patterns available can be a daunting experience. There are so many options to choose from and so many approaches to take that it is difficult to even know where to start. As a new […]
The Russell 2000 refers to an index that measures the performance of approx. 2000 small cap companies. As a small cap stock market index, it is maintained by the FTSE which is a subsidiary of the London Stock Exchange Group. It is one of the most common benchmark for mutual funds and the most quoted […]
ChartMill Stock Screener Review Chartmill is a stock screener provider that hosts numerous tools which allows traders and investors to monitor and analyze the market. As an innovative web platform, Chartmill is designed with filtering capabilities for traders to filter stocks based on different criteria. Some of them include price, volume, industry and sector. If […]
