The money flow index, or MFI, is a momentum indicator that measures the flow of money in and out of a security over a specific time period. The money flow index is similar to the relative strength index, or RSI, but it adds the trade volume to the RSI’s price action analysis. Calculating the Money […]
What is the volume rate of change? The volume rate of change, or VROC, is a technical indicator used to measure the rate of change in the trade volume of a security. Volume is an important component of virtually every trading strategy based on technical analysis, and is a key indicator for many strategies. Therefore, […]
If you spend any time on Instagram, then you are bound to have heard of Dan Bilzerian, the ‘Instagram King’. Dan Bilzerian’s life seems to be made up of one adventure after the other, and always in the company of smoking hot babes in next to no clothes, so it is no surprise that cameras […]
The National Association of Securities Dealers, or NASD, was the regulatory agency charged with overseeing the operation of the NASDAQ stock exchange and various over-the-counter (OTC) markets. The National Association of Securities Dealers also oversaw the examination and licensing of various investing professionals, such as the series 7 exam. In 2007 the National Association of […]
A stockbroker is a licensed financial professional who executes securities trades, primarily equities, on behalf of clients for a fee or a commission. Stockbroker Education While there are no strict educational requirements for stockbrokers, most stockbrokers tend to have at least a bachelor’s degree in finance or business administration. Stockbrokers are expected to have knowledge […]
The term out of the money refers to a strike price on a vanilla equity option that is above the current market price for the underlying stock in the case of a call option and below in the case of a put option. Out of the money options have no intrinsic value, as they are […]
A fiduciary is a person or organization that owes a client or customer a duty of trust when dealing with their financials. A fiduciary’s duty to their client is a legal and ethical requirement to act in the best interest of their client when making decisions or offering advice on their behalf. While a fiduciary […]
That’s literally how long it took. The time of drinking the iconic beer from Dublin. Making good friends was just as easy as having a Guinness. I just needed to get out and be open to the plenty of good vibes this place has to offer. Great experiences just happen. Everything from the weather […]
Modern portfolio theory is a financial theory that describes how investors can construct a portfolio of assets that maximizes the expected return for any given level of risk or minimizes the level of risk for any given rate of expected return. Modern Portfolio Theory Basics Modern portfolio theory is based on a few foundational ideas […]
What? Two midday recaps in one day? This is crazy. Well, I did my midday recap this morning. I had a lunch break. I had some meetings and then I came back and made $24,000 this afternoon and I’m finishing the day up $29,197, my third best day of trading of all time. Wow. Where […]
