A pivot point is a crucial turning point in the price of a stock or security that a lot of traders tend to trade around. It’s basically a price at which the stock stops going up or down and reverses in the opposite direction. It’s the price at the foremost extreme of a rally. Pivot […]
A candlestick shadow represents the extremes of where the price visited during the life of a candlestick on a chart before closing at its ultimate price. On a bullish candlestick, the shadows represent the difference between the closing price and the high price (upper shadow), and on a bearish candlestick the shadow represents the difference […]
The Chaikin Money Flow is a technical analysis indicator that is used to measure the buying and selling pressure in a stock over a period of time. Intro In the world of trading, huge market movements are usually triggered by the actions of giant hedge funds, mutual funds, pension funds, brokers, and other whales that trade the […]
The trend is an important feature of trading that traders use to help them read the market movement better, so they can execute their trading strategies at the perfect moment. Trend strength simply refers to the level of influence buyers or sellers have over the market over a particular time. In a weak downtrend, the […]
Technical trading is such a diverse method of trading that you really can’t pigeonhole it. There’s trend traders, mean reversion traders, breakout traders, and pullback traders. You can trade support and resistance levels, forecast volume and volatility, or even do technical analysis on the VIX or the Federal Reserve’s balance sheet (maybe that’s not a […]
As one of the biggest brands in the world, you might think that owning shares in energy drinks company Red Bull is a great investment. It might shock you to know, then, that it is not possible to own Red Bull stock. Red Bull is a multinational company with a hand in several industries including […]
Meme stocks are back and yet again. After months of commentators creating narratives that the retail phenomenon experienced in 2020 and 2021 was simply aberration, often citing exchange volume data as proof, have yet again been dashed as this small group of stocks like GameStop (GME), and AMC Entertainment (AMC) and a sub-group of related […]
What’s up, everyone? Ross here from Warrior Trading. In this episode, I’m going to walk you through the simplest day trading strategy for beginner traders. Now, as a beginner trader, what’s your goal? Hopefully your goal is to take one or maybe two trades a day where you’re minimizing your risk while maximizing […]
Ross here from Warrior Trading. In this video, I’m going to walk you through my new day trading station, and I’m going to walk you through what I would say is probably the basic trading station that most six and seven-figure traders would be using at a minimum. I would say this […]
What’s up, everyone? Ross here from Warrior Trading. So recap for today, we’ll go over the trades I took. Traded three stocks in two accounts, my main account and my retirement account. Finishing up about 1400 in my main account and about 7,300 in my retirement. That’s just under $9,000 on the day. Not bad. […]
