Table of contents Understanding What RSI Actually Measures Why Extremes Matter for Day Traders How I Use RSI To Filter Out Bad Breakouts Using RSI To Confirm Momentum Strength Where RSI Really Shines: Reversal Trading Recognizing Overbought Reversals Recognizing Oversold Reversals Why I Avoid Mid-Range Reversals Layering Bollinger Bands With RSI When I Don’t Use […]
Investing terms are important to understand if you want to get involved in the markets. A full understanding of them will help you make better choices when it comes to how you are investing your hard earned funds. One of the terms that you should know is something called a “dividend”. What Is A Dividend? […]
When I first started this journey of trading momentum, I already knew it was going to be tough. What made me thinking that? I am not a fool and I already had a first experience trading this strategy. I was perfectly aware that mastering this one wasn’t going to be easy at all. So, when […]
Day 38 of the $100k Challenge +$2,397.40 | Ep. #41 Daily Recap All right, guys. Time for a midday market recap. Here we are at the end of February. We’re ending what has now been the best month I’ve ever had of trading. Last month was the best month I’ve ever had and I made […]
Day 37 of the $100k Challenge +1.8k | Ep. #40 Transcription of Today’s Best Trades All right, guys, we’ll do a midday market recap here. Lunch time. Day 37. Overall today was a pretty choppy day, and I just didn’t see the level of follow through that I was looking for on most of my […]
So, the trading bug has bitten you and now, you want to dabble in the world of stocks, indices and currencies. Every newbie planning to become a full time trader should know that the industry is a mine field. You are bound to face several tribulations on your journey to become a full time trader. […]
Day 36 of the $100k Challenge: -$3,930.01 Daily Recap All right guys, so I’m back here finishing the day, day 36 of the $100,000 Challenge down $3,930. A very frustrating day. I was not getting really clean resolution on any of the trades I took. One of the trades I took, $SGY, with 10,000 shares, […]
Every trader gets to experience slump during the course of trading. As a trader, you will find out that nothing works and every strategy implemented seems like you are digging yourself in a deeper hole. This experience is quite frustrating and many traders end up expressing feelings like anger and depression especially if the slump […]
Day 35 of the $100k Challenge -$592.46 plus Live Trading on $CLVS Daily Recap to Today’s Trades All right. Time for a midday market recap. Unfortunately, today is a red day recap. But considering things, it’s really not that bad. I’m down $592 and 46 cents. Finishing the day red on day 35 of the […]
3 Tips For Buying Your First Trading Computer Trading is an exciting venture, not only will you be able to have access to profitable signals but you will get to gain wins, make profits and control the risks. If you are serious about trading, then you need to know your smartphone or tablet will not […]
