The dip and rip chart pattern starts with a strong opening (usually a gap up) that is followed by a quick dip in the price. The dip is followed by a fast return to the previous high price, and can even break out over that high. Price dips first and then it rips. It can […]
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The path to success is a journey down the road of hard work. The energy you need to do the work that leads to accomplishing your goals is created through your passion for winning. Some of the hardest work is thinking, most people prefer to go with the flow of their life circumstances than slow
Payment for order flow (PFOF) is the payment of up to one cent per share, that stockbrokers can receive from market makers in return for the broker routing trades for their customers to that market maker. It has been a practice under heavy criticism from retail traders being called a kickback and front running orders.
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Open interest and the volume traded in options are two different metrics that show the liquidity and trading activity of options contracts at different strike prices and expiration dates. Volume is the quantity of contracts traded in a period, while the open interest shows the number of contracts that currently exist and are active in
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Technical analysis is a method for analyzing price action on a chart to forecast the probability of the future direction of momentum for trading the financial markets. Technical analysts quantify the patterns price data and volume create on charts to find key levels of support and resistance along with the path of least direction for
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No matter where you are in your trading or investing journey it is good to stay inspired and focused on your long-term goals and prize. Psychology can be 80% of winning in the markets as quitting is so easy and perseverance can seem so difficult during losing streaks or drawdowns in capital. It is important
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A list of the current most shorted stocks right now can be a great place to look for potential deep dip value buys. The stocks with the highest short interest across on major U.S. stock exchanges is a good list to watch and stay updated on for short squeeze opportunities. The below company stocks have the highest
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Think and Grow Rich is one of the best selling psychology of wealth books of all time. It contains some of the best principles for creating the right mindset for wealth of any book ever written and was the book that practically began the self-help movement. While getting rich by building a business or growing
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Revered the world over for centuries as the essential text for warfare and battle by the ancient philosopher and general Sun Tzu (544 BC–496 BC) explains the principles for dealing with war, personal conflicts, and achieving success in the battles of life. Here are ten principles I believe we can translate to trading the markets.
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There are many different types of traders in the financial markets. They trade different markets and on different time frames. Here is a list of types of traders on different time frames. Day traders: Day traders open and close their trades inside regular market hours. Day traders avoid the risk of overnight gaps but can
