The 7 Golden Rules of Day Traders
Day trading can be one way to make money in the financial markets, but it’s also incredibly risky when some important rules are not followed. Aspiring traders must understand and…
Helping Traders Thrive
Day trading can be one way to make money in the financial markets, but it’s also incredibly risky when some important rules are not followed. Aspiring traders must understand and…
The truth about day trading An active intraday trading strategy is called day trading and involves opening and closing positions throughout the same day. This means that any transactions made…
A trading edge is what makes you a profitable trader in the markets. If you don’t know what a trading edge is then you don’t have one. If you don’t…
Day trading is a serious endeavor that shouldn’t be taken lightly. As a day trader you are competing against professionals, algorithms, and large trading firms for profits in the markets.…
One day trading rule that many new traders don’t understand is the “pattern day trader” rule or PDT. The Pattern Day Trade (PDT) rule is enforced by the U.S. stock…
Patience in trading is the ability to wait to take action until it’s the right time. Ego, impulses, boredom, and greed, can overcome a traders resolve and cause them to…
David Tepper grew up poor in Pittsburgh, Pennsylvania and had the desire and drive to become rich from a young age. He merged himself in learning and education and wanted…
Steve Cohen is arguably the most profitable hedge fund trader ever. His SAC Capital returned 30% annually for more than 20 years since its inception in 1992 making Cohen a…
According to the stock trading platform Etoro, they found that a whopping 80% of day traders lose money over the course of a year and the median loss is -36.30%.…
This is a guest post by Cory Mitchell, CMT of tradethatswing.com. What percent of day traders are successful? The success rate for making a living from day trading is 4%. This…