Table of contents Paper Trading Explained The Importance of Paper Trading How to Make the Most of Your Paper Trading Experience Getting Ready for the Real Thing Day trading is a very competitive profession where the best of the best can make incredible amounts of money. While there are as many approaches to day trading […]
Risk Is Not A Choice In Trading, Fear Is During these times, it is quite easy to find inspiration. If you’re a member of the Warrior Trading chat-room, you already know what I am talking about. He switched that dream of becoming a full-time day trader into a feasible plan for me. In the latest […]
Are You Ready To Be A Day Trader? If you are reading this, then you probably already have your own personal vision of what your life will be like as a professional day trader. You will get up early, exercise while catching up on the overnight financial news, eat a healthy breakfast while firing up […]
And The Best Pattern For New Traders Is… Starting out as a new trader with all the technical indicators and chart patterns available can be a daunting experience. There are so many options to choose from and so many approaches to take that it is difficult to even know where to start. As a new […]
The Russell 2000 refers to an index that measures the performance of approx. 2000 small cap companies. As a small cap stock market index, it is maintained by the FTSE which is a subsidiary of the London Stock Exchange Group. It is one of the most common benchmark for mutual funds and the most quoted […]
ChartMill Stock Screener Review Chartmill is a stock screener provider that hosts numerous tools which allows traders and investors to monitor and analyze the market. As an innovative web platform, Chartmill is designed with filtering capabilities for traders to filter stocks based on different criteria. Some of them include price, volume, industry and sector. If […]
In a world where an increasing amount of trading is performed by incredibly complex and sophisticated automated programs designed by some of the greatest minds in mathematical finance, it may feel intimidating to think about trying your hand at day trading without a financial background. Fortunately you actually have nothing to worry about. The Secrets […]
Price action is a broad term meant to indicate any movement, or lack thereof, in the price of a stock that is the product of some technical or fundamental factor, or both, as opposed to merely the product of randomness or ‘noise’. The concept of price action is extremely important to all traders, as everyone […]
A bar chart is a graph characterized by a vertical bar and it’s used by technical analysts to learn more about trends. In trading, a single bar is used to represent a single day of trading. As one of the most popular chart type aside from candlesticks, it represents price activity within a given period […]
Net asset value, or NAV, is the present value of a share of a mutual fund or exchange traded fund (ETF). The net asset value is calculated by taking the total value of all assets that make up the mutual fund or exchange traded fund, deducting the total value of all liabilities, and then dividing […]
