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UGMA Account

What is a UGMA Account and How Do They Work?

What is a UGMA Account? A Uniform Gifts to Minors Act (UGMA) is a special type of account that is utilized for buying financial assets in the name of a minor. The act was initially established in 1956 and revised in 1966. This account is like a trust-fund in that the assets are pledge to […]

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Unusual Options Activity

How to Trade Unusual Options Activity

Back in the days when most trading was done on the floor, traders identified an unusual options activity (or any security for that matter) was through open outcry: shouting and hand signals. When the level of activity within an option dramatically picked up, that was a sign that someone was loading up, and probably knew […]

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Descending Triangle

Descending Triangle Pattern for Beginners

Ascending triangle, descending triangle, head-and-shoulders, flag, pennant, cup-and-handle – all of these titles are chart patterns. And that isn’t even all of them! In the Encylopedia of Chart Patterns by the great Thomas Bulkowski (by far the leading expert in chart patterns), he identifies over fifty different chart patterns. In Technical Analysis, chart patterns are […]

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How Old Do You Have to Be To Buy Stocks

How Old Do You Have to Be To Buy Stocks?

If you are not well-versed in the basics of the stock market, you are probably asking yourself, ‘What are stocks?’ ‘How do they work?’ and ‘How old do you have to be to buy stocks?’ Investing in stocks in one of the few time-tested ways to build wealth, providing you start early enough to reap the […]

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SureTrader Closing Down

SureTrader is Closing Down: What You Need to Know

If you’ve been thinking about opening a day trading account at SureTrader, you need to think again because SureTrader is closing down. As of late 2019, the broker-dealer has closed its doors for good. The company had a history of strained relations with securities regulators at home and abroad. Quiet Exit SureTrader quietly shut down […]

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why do stocks split

Why Do Stocks Split? An Inside Look

What is a Stock Split? Have you ever wanted to purchase shares of a company, but you were deterred because you thought the price was too high? Then seemingly out of the blue, the stock price is cut in half allowing you to buy the shares at a better level. In many instances, the reduction […]

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DAS Trader

DAS Trader Review 2020: Best Day Trading Platform?

Brief Overview Direct Access Software (DAS) is a technology company headquartered in Las Vegas. As the name suggests, it offers trading tools with direct access to market venues. It also provides services that brokerage firms and institutional clients will want to take notice of. Products and Services Offered Direct Access Software offers a long list […]

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