Table of contents Always Use Limit Orders Placing Stops Have a Strategy Diversify Your Wealth Learn Proper Position Sizing Have Another Income Source to Start Having a set of day trading rules is a crucial first step for anyone looking to get into day trading. These rules will be your guidelines to follow as you […]
Table of contents Creating a Plan Paid to Take Risks Allocating Your Capital Risk Management for Different Strategies Systematic Day Trading Risk Management Discretionary Day Trading Strategies How to Measure Risk Different Types of Strategy Returns Here is the Math Here are some Techniques Determining a Stop Loss Using Technical Analysis Don’t ride by the […]
Table of contents What Is a FOMO Trade? Verbalize Your Reasons for Entering a Trade Use Your Indicators Take on Online Trading Course The greatest traders are more zen master than mathematical genius. Mastering trading requires mastering your own emotions and impulses, and being able to calmly and coolly analyze every situation from a strictly […]
Table of Contents What Is Price Action and Why Does It Matter? Price Action, Defined Clean vs. Choppy Price Action How I Use Price Action To Make Trading Decisions Recognizing High-Probability Setups Avoiding Bad Setups Managing Risk Based on Price Action Position Sizing Based on Market Conditions Knowing When To Walk Away My Go-To Price […]
Table of Contents What Is Liquidity in Trading? Liquidity Means Opportunity What Happens in an Illiquid Market Why Liquidity Matters for Day Traders Fast Execution Is Everything Liquidity Reduces Slippage and Spread Risk Adding vs. Taking Liquidity: What’s the Difference? How Market Makers Profit from Liquidity (Arbitrage) A Quick History of Liquidity and Market Infrastructure […]
Table of Contents What Is Leverage Trading? How Leverage Works in Practice Why Brokers Offer Leverage How Margin Accounts Work Cash vs. Margin Accounts Understanding the PDT Rule Why I Use Leverage: The Small Account Strategy Trading Bigger Than My Balance The Power of Position Sizing Discipline First, Leverage Second The Risks of Leverage (And […]
Table of Contents Why Losses Hurt More Than They Should The Emotional Instinct to “Fix It” The Trap of Revenge Trading The Cycle That Keeps Getting Worse Spotting the Emotional Spiral Early My Big Loss Recovery Plan (BLRP) Step 1: I stop trading. Step 2: I accept reality. Step 3: I bring back structure. Step […]
Table of Contents Understanding Patterns Changed My Trading Momentum Continuation Patterns Bull Flag Micro Pullback Reversal or Caution Patterns ABCD Pattern Doji Candlesticks Head and Shoulders Double Top / Double Bottom Execution-Based Setups Breakout or Bailout Whole Dollar / Half Dollar Levels Final Thoughts: Print These Patterns, Watch the Charts Watch the full video here: […]
Table of Contents Getting Started With Webull: The First Hiccups Real-Time Market Data Isn’t Free ACH Transfers Take Time Trading With Webull: Performance Under Pressure Execution Speed: Fast Enough, But Not Lightning Fast Position Size Limits: A Hidden Problem Platform Layout & Tools: Good Enough for Starters Layout Customization Charting & Level 2 Data Conclusion: […]
Table of Contents Getting Started with TradeStation Smooth Installation, Quick Setup The Data Access Hiccup Layout, Features, and Design Order Execution Speed and Price Improvement Fast Executions, Even with Live Orders How It Stacks Up Against Other Platforms Price Improvement That Actually Helps Hotkeys and Order Routing What’s Missing from TradeStation No Halt Level or […]
