I often get asked how much money is needed to start day trading for a living. Unfortunately there is no simple answer to this because everyone has different financial situations including bills, income and many other factors. If you’re looking to test the water then you can start with as little $1,000 at a broker […]
Day trading is one of the original “work from home” jobs and right now, the markets are providing plenty of opportunities to make money. But just because markets are volatile doesn’t mean you can start day trading without a plan or purpose. To be a successful day trader, you need to find the right stocks, […]
3 Ways To Tell If Stock Is Bottoming Traders and investors well versed with the business know that it’s better to purchase assets (stocks, options and ETFs) after they decline rather than when they have risen. Buying assets when they are priced low may seem like a wise strategy because you think profits are […]
Trading in the markets is one of the most stressful professions on the planet. Prices are constantly in motion, and you need to be consistently and effectively processing an amount of information that would leave the average person dizzy and reeling. On top of all this you are competing with some of the smartest people […]
There comes a point in every successful trader’s career when they graduate into margin trading. Once you have a solid foundation of knowledge and experience in trading your preferred asset classes, you will start developing the confidence to make strong predictions about upcoming price movements. With this growing confidence comes the awareness that you could […]
A stock market simulator is an incredibly powerful tool for traders of all types and levels of experience. Whether you are learning the ropes of a new asset class or testing your latest trading strategy, having a real, live environment in which to hone your trading skills is utterly essential and invaluable. Unfortunately, not all […]
There are literally thousands of technical indicators you can add to your charts for day trading and investing, but which ones really work? Below we go over our favorite technical indicators that we use day in and day out to make quick decisions while trading. Relative Volume Relative volume compares the current trading volume to […]
There are hundreds of indicators for traders to choose from but in most cases, they won’t apply to day traders. However, the relative volume indicator is one of the indicators that all active traders should know and understand. What is Relative Volume? Relative Volume (often times called RVOL) is an indicator that tells traders how […]
Let’s begin with an intimidating, though very real, truth: trading did not get to be such a lucrative endeavor by being a straightforward practice. While the concept itself is easy to understand, the millions of intricacies involved in smart, successful trades aren’t something that can be casually picked up. Most traders lose money. So if […]
3 Smart Money Moves To Make In Your 20s Every year, millions of young adults from around the world head off to college and after a few years they graduate. After graduating, they head out into the world looking for employment in an upcoming start-up or a well established organization. Others take a leap of […]
