If you have spent any amount of time on social media you’ll see day traders flaunting the life style of traveling around the world, staying at the nicest hotels and driving the fanciest cars. Typically these posts show traders easily making the $1k/day goal on a laptop while sitting in a hot tub or a […]
Scottrade Inc. is a discount broker that offers both online services and brick-and-mortar offices with hundreds of locations all over the nation where you can get professional in-person service for a very competitive commission rate. They were founded by CEO Rodger Riney in Scottsdale, Arizona and ever since it’s opened its doors back in 1980 they […]
As a beginner trader one of the most difficult concepts to grasp is how in the world profitable traders find stocks to trade. There are thousands of stocks, mutual funds, and ETFs that you could trade. Somehow, a professional trader has to find 5-10 stocks worth trading each day AND maintain a 65-75% accuracy of […]
Good news! You aren’t alone. In fact almost all beginner and even intermediate traders will struggle with trading consistency. As you already know more than 90% of beginner traders will give up before ever finding success in the market. Despite those statistics, you must be reading this article because you think you have […]
TD Ameritrade’s Thinkorswim trading platform is widely considered one of the best trading platforms available. It is a desktop application that offers access to real-time data streaming, charting, technical studies, stock scanners, research reports, and more. It has solid educational resources, including a learning center with instructional videos, online courses and trading demonstrations. One of […]
E*Trade is best known for its funny commercials. But the broker has some serious trading tools that day and swing traders should be aware of. Moreover, E*Trade is a financial conglomerate, so there are many more resources available. Brief Overview E*Trade got its start in 1982 in Silicon Valley as a brokerage startup. Since then, […]
Why Day Trading is like Crab Fishing in the Bering Sea The Top 4 Reasons Trading is like Fishing in the Bering Sea 1) Sometimes despite all your efforts, you come up empty! 2) Sometimes you take a big risk knowing you’ll either be a hero or a zero 3) Mechanical and Technical […]
Options Trading Key Terms American Option – An American option is an options contract that can be exercised on or before the expiry or maturity date unlike a European option. Assignment – Assignment refers to when an option seller is designated to buy or sell the underlying asset which typically happens when an option expires in the […]
As a full-time day trader, it’s inevitable that you will get caught in circuit breaker halts from time to time. That means it’s important to understand why halts happen, what causes them, and how to deal with them. Any stock in the market can get halted at any time. The two most common reasons […]
Best Day Trading Books The best traders never stop studying. We want to encourage all of our members to focus on education and improving their strategies whenever possible. For that reason, we want to make a few suggestions of great books that you can read in the evenings when the market is closed! How […]
