For those of you who don’t know, “death candles” are a phenomenon that can occur during day trading. Essentially, a death candle is a candlestick chart pattern that signals the potential end of an upward trend. In this blog post, we’ll discuss what death candles are, how to identify them, and what they mean for […]
Experienced day traders know that stocks don’t always move in a straight line. It’s not uncommon for stocks to “gap” up or down at the market open or close. But what does it mean when stocks are gapping up or down? Let’s take a closer look. What Is a Gap? In the most basic sense, […]
What’s up, everyone? Alex here. This was a $145,000 profit in just one day of trading the meme stock, $BBBY. People always ask me for “live trades, live trades, live trades.” I’m happy to announce that we’ll start showing more live trades. We’re going to start this one off with a bang. […]
Are you interested in the fast-paced world of day trading? Before diving into this high-risk and potentially high-reward strategy, it’s essential to understand the basics. In this article, we will explain to beginners the basics of day trading. First, day trading involves buying and selling securities within a single day. For example, if a trader bought […]
Trading is risky, and you can lose money in the blink of an eye if you’re not careful. That’s why paper trading is such an essential tool for traders. Paper trading is a simulation of actual trading, where you trade with “fake” money instead of using your hard-earned cash. Why paper trade? Because it’s the […]
So, you want to learn how to day trade? This guide will give you everything you need to start day trading. So whether you are just starting or are looking for a refresher course, this guide has something for everyone! Table of Contents Day Trading Terminology What is Day Trading How Do Day Traders Make […]
No one likes doing their taxes. It’s a necessary evil that we all have to deal with every year, but it doesn’t have to be a painful process. You can get your taxes done quickly and easily with the right tax software. And, if you’re a trader, you need to make sure you’re using the […]
So you want to get into shorting stocks, huh? You’ve come to the right place. This post will give you a crash course on the basics of shorting stocks, and short locates: what they are, how to get them, and why they’re essential. Let’s get started! What is a Short Locate? A short locate […]
If you’re reading this, you’ve heard the term “bear market.” But what exactly is a bear market? In short, a bear market is a prolonged period of decline in the stock market. A bear market is typically defined as a drop of 20% or more from its 52-week high. Another level that traders and investors watch […]