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Day Trading

direct access broker

Direct Access Brokers List for Day Traders

There are a lot of online brokers to choose from but as a day trader it is important to make sure you are using a direct access broker. When traders use direct access brokers to place orders, they are sent directly to the exchange, bypassing any middlemen. Typically, this leads to faster executions than one can achieve when […]

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ABCD Pattern

ABCD Pattern: Definitive Trading Guide

  Learning and spotting chart patterns in the stock market is a popular hobby amongst day traders of all skill levels. Patterns are an important aspect of trading and traders love and naturally count on them when placing small and big trades. Not only are they the connection between trends, but they are also at the origin of all major […]

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day trading robinhood

Day Trading With Robinhood: Is It a Good Idea?

Day Trading With Robinhood Robinhood exploded on the scene when they first entered the brokerage industry. They were the first large broker to offer commission-free trades and created the most user-friendly mobile app for trading stocks.  This massive competitive edge allowed Robinhood to gain huge market share with millennials, a demographic that big brokers historically […]

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Sell in May and go Away

‘Sell in May and go Away’ Explained

“Sell and May and go away” refers to the Wall Street axiom related to the performance of stocks during the 6-months beginning May 1. The theory states that if you reduced your stock holdings on May 1, and repurchased your portfolio on November 1, you would benefit from the outperformance during these periods. May kicks […]

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stock consolidation

How to Identify Stock Consolidation

With the outside world at a partial stand-still due to the ongoing COVID-19 pandemic, many of us across America are shifting our priorities to focus on our health, our relationships with our families and loved ones, as well as self-improvements and skill-building. Some are also taking advantage of all the free time during the coronavirus lockdown to day trade […]

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How to Measure Market Sentiment

How to Measure Market Sentiment

Under standing how to measure market sentiment is a good way to form a thesis for your trading and to determine which direction is a more likely outcome. Intro Have you ever been bullish about a specific stock just to find out that many investors have already had the same idea? This scenario can be […]

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Best Broker For Day Trading Penny Stocks

Best Broker For Day Trading Penny Stocks [2021]

In the 2013 film The Wolf of Wall Street, newly-minted stockbroker Jordan Belfort is forced to turn to a boiler room brokerage for employment following the Black Monday market collapse. Belfort pushes penny stocks not listed on major exchanges called pink sheets, taking home outsized commissions thanks to his high pressure sales tactics (and the […]

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