Day traders usually focus on maximining their trading profits, and moving averages are one of the technical analysis tools some of them use to achieve that goal. Moving averages are applied to help determine trend direction, strength, and to find entry and exit points. They can also be used with other indicators to create […]
Macroeconomic indicators give you a big picture on the health of the economy, but why is that important and how can you use them? Below we’ll look at some peculiar macroeconomic indicators in different industries that help gauge market strengths and weaknesses. The Texas Ratio The Texas Ratio is a quick and dirty accounting ratio […]
When it comes to trading stocks, it is important that traders know how to use indicators to enter and exit trades. One key chart indicator, which day traders use to determine where stability lies, is the Moving Average (MA). Moving averages are popular among day traders, investors and technical analysts around the globe. These […]
Most day traders prefer to use candlestick charts for their analysis, but most have not heard of the Heikin Ashi candlesticks. Heikin Ashi candlesticks have recently gained popularity by day traders to identify a given trend more easily. They look pretty similar to Japanese candlesticks at the first glance, but there are still some […]
Brief Overview dough is a new low-cost brokerage firm. With funding from tastytrade, Inc., the new Chicago startup provides a fresh take on trading and investment education. But can its budget trading services match or exceed what is available elsewhere? Let’s have a look. Services Offered dough provides trading in a small selection of […]
In his recently released book Unknown Market Wizards, Jack Schwager gave an excellent definition of the breakout trade: “A breakout is a price movement above or below a prior trading range (sideways movement in prices) or consolidation pattern (e.g., triangle, flag, etc.). The underlying concept is that the ability of prices to move beyond […]
There’s never been a better time to be a trader. The costs of trading are at all-time lows, and fantastic trading education is readily available. Even the wealthiest Wall Street traders from 20 years ago would have loved to have the software beginners can access cheaply. As a result, trading is no longer just […]
It was recently announced that Tesla would be added to the S&P 500 index before the open on December 21, 2020, ending years of speculation by Tesla fans and critics about the S&P index committee’s hesitation to include the controversial automaker. The inclusion would make Tesla, sitting at a $594 billion market cap, one of […]
Know someone who’s a day trader and want to buy them something extra special for the holidays?? We’ve got you covered with some of the best gift ideas for day traders! Gaming Keyboard & Mouse Combo by Redragon ASUS Gaming Monitor ASUS Portable Monitor for traders on the move Adjustable […]
Want to know how to buy Doordash stock? Great, you’re in the right place! The 2020 calendar year will long be remembered in the eyes of many stock traders as the year of the coronavirus pandemic. With more than one million people across the globe already dead from the deadly virus and tens of millions infected, we […]
