Can Learning Chess Improve Your Trading Skills? The simple answer, yes it can! One very important trait they both have in common is that once you make a move, you cannot predict the outcome of that move. In chess, you can make your move, and have your next move planned, or even the next […]
Credit Karma: What It Is & How It Works Personal finance is one matter that should never be taken lightly. Informed consumers understand that their credit score has a huge impact on their ability to get approved for credit cards and a mortgage. They are also aware that their credit score will determine if […]
Day 2 of the Small Trading Account Challenge | Ep. #2 [smart_track_player url=”https://www.warriortrading.com/wp-content/uploads/2017/01/mid-day-recap1417.mp3″ download=”false” social=”true” social_twitter=”true” social_facebook=”true” social_gplus=”true” ] Alright everyone today is day 1 of my penny stock trading account challenge. The penny stocks I’m trading are all going to priced between $1-3, but I’ll also trade stocks between $3-10. During the next few […]
Social Security Benefits Social Security is a cornerstone of the retirement plan of many Americans. Not many people really understand how this system was set up, or how it really works. If you’re planning on relying on Social Security for funding in your retirement, however, it’s a good idea to have a firm grasp on […]
Start Where You Are: A Life Lesson A few years ago, when I was first beginning my journey into day trading, I saw this movie titled, “The Pursuit of Happiness”. I am sure we all have seen or heard of that movie so I won’t spend much time talking about it but just for reference […]
Ed’s Trading Station I have been asked a few questions about how I have my station set up because it is a little different than most traders. Everything is powered by laptops. I think I did a post several months back on my set up at the time but I have substantially upgraded. I started […]
Many traders rely so much on technical indicators that they avoid or forget that all indicators are derived from price, so when you are using indicators you are adding an extra layer of analysis between yourself and price. Technical indicators are like different colored lenses, each one offers a different view, but the clearest view […]
Table of contents What is the Pattern Day Trader (PDT) Rule? PDT Meaning History of the Pattern Day Trader Rule Example of the Pattern Day Trader Rule Ways Around the Pattern Day Trader Rule What is the Pattern Day Trader (PDT) Rule? Pattern Day Trader (PDT) rule is a designation from the Securities and […]
New traders have a lot of things going through their head. Some are necessities, but most of it is noise. Because of this, it is easy to forget about the those things that can cause a trader to be unprofitable and inconsistent. Risk management is one of those things; to be more specific, stop losses. […]
