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 […]
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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
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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
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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
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Commodity ETFs are constructed for their holdings to track the price action of the underlying energy, metals, or food item commodities they represent like gold, silver, oil, natural gas, corn or others. These types of exchange traded funds can also hold a diversified basket of commodities to create a tracking index. It’s not practical for
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A synthetic share of a stock is created by buying and selling stock options to simulate an options play that moves the same way that holding shares in the stock would move without the same amount of capital needed to buy the same amount of shares. A synthetic long stock position is created by buying
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A diagonal spread options play is a modified calendar spread that is built with different strike prices. It is opened by entering into a long and short position in two options of the same type at the same time. An option trader can use two call options or two put options but they must have
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This is a guest post from Gavin McMaster @OptiontradinIQ Searching for income has become a challenge. Bonds have been a traditional conservative income stream for decades. Yet, bond yields are now trading at historic lows. This has led some investors and advisors to jump into lower credit “junk” bonds simply to generate any income –
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The jade lizard is an option play that is created by opening a bearish vertical spread using call options and adding a put option sold at a strike price lower than the call spread strike prices. Using one underlying stock with the same expiration date, the jade lizard strategy buys a call option at one
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Call options are in the money when the underlying stock that it is written on has a price higher than a the call option strike price. A call option can be used to call away a stock at the price of the strike with the profits being how much higher the stock was trading at
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Most traders that are profitable over the long term possess a distinct set of trading skills that separate them from the majority of traders that do not make money. Consistent success is a result of a systematic process that possesses an edge over the competition. Here are 10 trading skills that I have seen in
A list of the current most shorted stocks can be a great place to start for potential deep dip value buys. Stocks with the highest short interest across all major U.S. stock exchanges is a good list to watch for potential huge bounces when there are short covering fueled rallies. The below companies have the highest
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Option traders who believe the price of an underlying asset will not change significantly in the near future can sell short combinations of options that have different directional biases and strike prices. A short strangle is an option play designed to bet on a small move in either direction for an underlying stock in a
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Traders who strongly believe the price of an underlying asset will change significantly in the near future but are unsure about the direction of the move can trade combinations of options that have different directional bias and strike prices. A long strangle is an option play designed to bet on a big move in either
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