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Day Trading


How to Buy Doordash Stock

  Want to know how to buy Doordash stock? Great, you’re in the right place! The 2020 calendar year will long be remembered in the eyes of many stock traders as the year of the coronavirus pandemic. With more than one million people across the globe already dead from the deadly virus and tens of millions infected, we […]

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bearish abandoned baby pattern

Bearish Abandoned Baby Pattern For Beginners

  Japanese candlestick chart patterns are a way to read and interpret the price of financial instruments. Over the last few decades, traders have been using them to make trading decisions and predict the short-term direction of the price of market instruments. Candlesticks are believed to have been invented in the 1700s by Japanese rice trader called Munehisa […]

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three white soldiers

Three White Soldiers Pattern – What It Is And How To Trade It

  At a time when many traders are scratching their heads trying to understand how stocks can rise during the biggest economic downturn in nearly a century, it is more important than ever to use candlestick patterns within your own day trading strategy to understand price action. Candlestick patterns tell traders about price trends and the market sentiment. They have […]

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buy the dip

How to Buy the Dip With Confidence

  The crowd is always wrong, right?  Maybe most of the time. But the idea of “buying the dip” in the stock market might be a rare example of the wisdom of crowds at play in financial markets. It’s an old idea with heaps of academic support.     That’s not to say that the […]

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Most Famous Traders Of All Time

Top 5 Most Famous Traders Of All Time

  In all industries there are people credited to being the best. In design, the late Steve Jobs is credited to being the best in his industry. In boxing, Muhammad Ali was credited to being the best boxer of all time. In U.S. politics, there is a consensus that Abraham Lincoln was the nation’s greatest President by every measure applied. […]

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Jesse Livermore

The Legend of Jesse Livermore

Who is Jesse Livermore? Jesse Livermore is the most famous trader of modern times. Like most notable traders, he is most known for his big calls, shorting the stock market prior to the Panic of 1907 and the 1929 Great Depression. Livermore is the subject of Edward Levefre’s partly-fiction novel Reminiscences of a Stock Operator, […]

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ECN Fees

ECN Fees and How They Can Affect Your Profits

  Technological advances have made it possible for day traders to trade the financial markets efficiently and securely, much like the big financial institutions. The electronic communications network (ECN), sometimes also referred to as alternative trading system (ATS), is one such facility, a computerized system that matches buy and sell orders for market securities. ECNs are […]

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LIFO vs FIFO: Which is Better for Day Traders?

  For day traders, both profitable and unprofitable, tax concerns are one of the most criminally overlooked issues. Why? Because aside from trading itself, taxes have the most material impact on your profits than anything else.  FIFO (first-in, first-out) and LIFO (last-in, first-out) are inventory accounting concepts. Your local grocery store probably utilizes FIFO to […]

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