Scaling in and out of trading positions refers to building and offloading your position incrementally as it meets certain milestones. Scaling into a trade means you begin by initiating a partial position, say 25 shares of a 100 share target position. If the market moves in your direction or shows favorable price action, you add […]
Technical analysis is a key component of the stock market on a number of scales. Traders can use it to pick good stocks to trade and to predict and forecast future stock prices. It can also be used to identify entry and exit points which enables good returns. In this blog post, you are […]
Day trading has exploded in popularity in recent years but what counts as a day trade and why does it matter? According to the U.S. Securities and Exchange Commission (SEC), day traders rapidly buy, sell and, short-sell stocks throughout the day with the hope that the stocks will continue climbing or falling in value […]
The Money Flow Index (MFI) is a modified RSI indicator with an additional volume component. Put simply, think of the MFI as RSI that accounts for volume divergences. The Money Flow Index (MFI) is a prevalent indicator used by investors and day traders alike. It is one example of a classification of indicators in […]
Day traders use technical analysis indicators out of absolute necessity. It would be incredibly difficult to make profits consistently on fast time frames by just relying on fundamental data. As a trader, it is mandatory to use tools that show market data and price action to help you form decisions. But what is technical […]
Trend trading, in its simplest form, is the act of buying assets that are going up and selling short assets that are going down. It takes many forms too. Some take a long-term view, buying the best performing futures contracts and try to hold them for years, only winning about 25% of their trades […]
Day Trading With Webull Webull is an online brokerage founded in 2017 by Wang Anquan, an alum of Chinese smartphone maker Xiaomi and e-commerce giant Alibaba (BABA). It is regulated by both the FINRA and the U.S. Securities and Exchange Commission (SEC) so traders should feel comfortable trusting them with your money. The mobile-focused brokerage […]
As with kicking off any career, there are plenty of things you should learn if you have dubbed yourself a brand-new day trader. Not only will you need to decide what to trade, when to trade, how to manage your risk, but you’ll have to get the right software and equipment, and of course, […]
Volume is an important indicator that shows the liquidity of a stock which is important for day traders to be able to open and close a trade. So in this article we are going to look at how to use volume to improve your day trading. The more market players that trade a stock, […]
Day trading has grown in popularity particularly in the past year as more and more individuals sought financial freedom and the ability to live life in a way that is meaningful and fulfilling to them amid the global coronavirus crisis. The surge in amateur day traders has helped to create a record number of new […]
