So you’ve decided to become a trader. You know it’s probably one of the most difficult jobs right? Over 90% of aspiring traders lose money and fail. So you I hope you’ve taken the time to read up on what it takes to become a day trader. You’ve researched the best hardware and software for […]
Blog Posts
Trading Psychology: Mastering Your Emotions
Table of contents How The Fear of Missing Out (FOMO) Can Ruin Judgement No Fear! Greed Is Good…Or Is It? Hope How to Master Your Emotions Rules for Identifying Trades Rules for Executing Trades Rules After You Trade In financial markets dominated by vast mounts of data, sophisticated analytical programs and quantitative strategies, concerns about […]
Top 5 Passive Income Ideas for Increasing Your Cash Flow
We all know about active income, perhaps a little too well at times: we fight the urge to hit the snooze button, do our morning routine and then head off to work so that we can meet our responsibilities and obligations. However, most people are much less comfortable with the idea of passive income. This […]
Is Cryptocurrency Mining Still Profitable in 2019?
In my last post we discussed turning our day trading desktops into cryptocurrency mining machines. Today I want to discuss something that is probably on everyone’s mind. Is it worth it? Is mining still profitable? I will admit we have seen some serious pull back over the last couple of days, but does that […]
Top Tips On How To Get Out Of Debt
Let’s face it. Debt is unavoidable. Maybe you need money to finance your education or to finance your business. Probably you need to make a major purchase and don’t have the financial means to do so on your own. Well, you are not alone. How To Get Out Of Debt According to a survey carried […]
Taking a Position in Crypto Using Your Day Trading Computer?
If you day trade from a desktop computer, you may be able to take a position in the cryptosphere easier than you might think. What I mean by this is you may be sitting on a perfectly capable mining machine with potential of making anywhere from $50 to $200 a month, mining cryptocurrencies. I purchased […]
How To Invest In Stocks: Investing Guide For Beginners
Did you know that a vast majority of members belonging to the Forbes 400 list of wealthiest people in the world have increased their wealth by investing stocks? According to history, trading or investing in stocks is one of the best ways to build wealth over an extended period. What you should know is that […]
An Inside Look At Option Approval Levels
Due to the inherent leverage in options and the counter-party risk involved in writing options, brokers have developed a tiered system of option approval levels for traders that limits their access to options trading. There are 4 option approval levels, each of which allows additional access to various forms of options trading based on the […]
How To Manage Your Profit Targets When Swing Trading Like a Pro
Successful swing trading is about identifying trends and employing strong risk management. Swing traders wait patiently for prices to move into their forecasted range, anywhere from overnight to a week or two. This means that every swing trader makes extensive use of the full range of order types, from the essential stop loss to exit […]
Internet Speed For Day Trading
Table of contents The Basics Upload Speed Download Speed Other Important Factors with Internet Speed Day traders must have a set of services and tools in order to do their jobs effectively. Most of them likely already have some of the required tools. But, one of question that is often brought forward by a majority […]