Proprietary trading occurs when a company risks their own capital to trade stocks, currencies, commodities or other financial instruments for financial gain. This is different than hedge funds or investment firms that trade on behalf of their clients and make money through commission, profit sharing and fees. Most proprietary trading occurs at big banks and […]
Always Review Your Trades In days like today, when the US market is closed, it’s really a great time to take this time for stepping back to zoom out and look for the bigger picture. Keep reviewing the trades every day as things settle down allows every trader to learn from mistakes and to […]
The Breaking Channel Strategy As anticipated in my previous article, here are the details about the breaking channel strategy. If you haven’t done so yet, please read my previous article about how to draw channels live here. I consider it to be a necessary prerequisite in order to be able to apply the following […]
Can Learning Chess Improve Your Trading Skills? The simple answer, yes it can! One very important trait they both have in common is that once you make a move, you cannot predict the outcome of that move. In chess, you can make your move, and have your next move planned, or even the next […]
Day 9 of the Small Account Challenge +$799.18 | Ep. #10 [smart_track_player url=”https://media.warriortrading.com/2017/03/PodCast10.mp3″ download=”false” social=”true” social_twitter=”true” social_facebook=”true” social_gplus=”true” ] This has been an incredible week for the small account! I started on Monday with $1200 and I’m finishing Friday with nearly $4500 in profits. I’m up over 600% since I first started trading in […]
2016 – Year In Review: Trading Statistics +$222,244.91 January – May Statistics: +$47,464.22 in Gains Hey everyone! Today we’re going to look at my 2016 day trading statistics. Although I finished 2016 with just over $222,244.91, I started off the year very slowly! Let this give you hope that even if in 5 months […]
According to the SEC, penny stocks are considered to be any stock trading below $5 per share whether they are listed on an exchange or trading through the Over The Counter Bulletin Board (OTCBB) or pink sheet markets. Penny stocks, often referred to as microcap or even nanocap stocks, are usually smaller or newer companies with […]
Day 8 of the Small Account Challenge +92% +$1,761.75 | Ep. #8 [smart_track_player url=”https://media.warriortrading.com/2017/03/Podcast-Day-8.mp3″ download=”false” social=”true” social_twitter=”true” social_facebook=”true” social_gplus=”true” ] Today was the day I’ve been waiting for! A monster green day, biggest day of the year in 2017. This has been an incredible week. Tuesday was the best day of the year, then […]
Floor trader pivots are one of the more popular pivot levels for active traders and are commonly used by floor traders in the trading pits. The pivot points are calculated by using the previous days high, low and closing prices for establishing key intraday resistance and support levels. There are tons of pivot calculators that can […]
Credit Karma: What It Is & How It Works Personal finance is one matter that should never be taken lightly. Informed consumers understand that their credit score has a huge impact on their ability to get approved for credit cards and a mortgage. They are also aware that their credit score will determine if […]
