This is a guest post by Ken Boyd. The markets are constantly fluctuating, so it is vital to remain calm and collected. One of the most challenging things about trading is that there is no way to know what will happen next. This can be very daunting for new traders, but it also provides an […]
Emotions in Trading and How to Use Them to Your Advantage Read More »
If you enjoyed The Wolf of Wall Street movie here are ten other movies that you would likely also find entertaining for their similarities. The Great Gatsby: This role is also played by Leo DiCaprio as millionaire Jay Gatsby that throws lavish parties, flaunts his wealth, and came by it questionably. Nick Carraway (played by
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The path to success is not a straight one, it is a winding road where adjustments must be made to continue moving in the right direction. The 10 steps on the path to success. Written goals: You must have goals to both guide your big decisions in life and tell your subconscious what to move
A trade order is an instruction to your broker on how and when to buy or sell a position. There are several different types of orders a trader or investor can use to execute a trade based on their goals. A trader may want to get in a position at any price or out at
This is a guest post by Sami Abusaad of @T3Live When the market turns unstable, what do you do? Panic sell? Seize the moment and start gambling? If you want to wade through the treacherous waters of a volatile market and come out with your P&L — and your dignity — intact, you need
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The U.S. stock market has three different tiers of stock quotes, there are Level 1, Level 2, and Level 3 price depth that can be viewed. Each level allows a trader to see quotes for their stock drilled down to a deeper degree in the queue. Level 1 quotes show the best current bid and
Level 2 Quotes Introduction Read More »
This article is a sample chapter from my book The Ultimate Guide to Chart Patterns. Chart Facts: The Double Bottom Chart pattern is a reversal pattern that is bullish. This pattern is created when a key price support level on a chart is tested twice with a rally between the two support level tests. A double
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Scalping is a trading method that attempts to profit quickly off the smallest price moves in the lowest time frames like level 2 quotes or one minute charts. The primary edge in this strategy is speed, the ability to get in and profit and get back out in as little as seconds and no more
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A gap in price on a chart shows that there were no buyers and sellers connecting at price levels from a closing level to the next opening level. Gaps happen when sudden news comes out that changes prices to higher or lower degree than expected. New information can be priced in by buyers and sellers
Fill the Gap Stock Read More »
A Currency ETF is an exchange traded fund that tracks the value and performance of a fiat currency or a group of currencies. They allow stock traders to participate in forex and the currency market through their stockbroker without needing a separate account for forex or futures. These ETFs usually hold currency futures contracts. Some
Top Currency ETF List Read More »