Day Trading

Trading Toward Your Own Financial Freedom
  • Trading Toward Your Own Financial Freedom

Trading Toward Your Own Financial Freedom

By |February 20th, 2018|

Financial freedom means many different things to different people.

For some people financial freedom means the freedom to live a comfortable and simple life without the hassle and stress of working 9 to 5 in the city. For other people financial freedom means the freedom to pursue their passions and dreams without needing to worry […]

The Pros and Cons of Trading Penny Stocks
  • The Pros and Cons of Trading Penny Stocks

The Pros and Cons of Trading Penny Stocks

By |November 24th, 2017|

Let’s face it, we’ve all heard the stories of rags to riches in the investment world. More often than not, these stories come from some sort of transaction involving a penny stock. We’ve all probably seen Wolf of Wall Street, but we all can’t be Jordan Belfort. Most of the people who choose to […]

Essential Software for Day Traders
  • Essential Software for Day Traders

Essential Software for Day Traders

By |July 14th, 2017|

After you have learned the basics of day trading, you should improve your knowledge by learning more about trading software. Most seasoned day traders take advantage of these software programs to improve their bottom lines.
Today, we are going to learn more about four of the best trading software programs on the market and how […]

Tips for Bouncing Back After a Major Trading Loss
  • Tips for Bouncing Back After a Major Trading Loss

Tips for Bouncing Back After a Major Trading Loss

By |June 28th, 2017|

Whether it was caused by a fat finger, a tech failure, lapsed discipline or just a bleed of trading capital, every trader will face several major losses during their career. Bouncing back from a major loss isn’t complicated, you just need to follow a few easy steps.

The hardest part is repairing your damaged confidence. […]

Why Journaling Your Trades Is so Important for Active Traders
  • Why Journaling Your Trades Is so Important for Active Traders

Why Journaling Your Trades Is so Important for Active Traders

By |June 3rd, 2017|

Journaling trades may not quite mesh with images of rock star traders making huge bets based off the latest cutting-edge research and raw gut instinct, but in reality it is a critical part of developing the fundamental trading skills that lead to consistent success.
Without a detailed journal of past trades, it is difficult to […]

3 Risk Management Tips Every Trader Should Know
  • 3 Risk Management Tips Every Trader Should Know

3 Risk Management Tips Every Trader Should Know

By |May 23rd, 2017|

As a day trader, how you manage your money will set you apart from others as well as giving you an edge when trading. While a trader is unable to control how the market works, he or she is able to control how money is spent. Furthermore, one is able to control and mitigate […]

5 Steps You Need to Take to Become a Day Trader
  • 5 Steps You Need to Take to Become a Day Trader

5 Steps You Need to Take to Become a Day Trader

By |May 1st, 2017|

Day trading has become popular especially among stay at home people. Many people are becoming day traders because of easy access to high speed internet and powerful computers. The internet has provided lots of chances for many people especially those who are looking for stay at home money making opportunities.
This may be attributed to […]

3 Reasons Why New Traders Should Be Part of a Trading Community
  • 3 Reasons Why New Traders Should Be Part of a Trading Community

3 Reasons Why New Traders Should Be Part of a Trading Community

By |April 16th, 2017|

One of the defining features of being a retail trader is that you take sole responsibility for the outcomes of all your trades, for better or for worse.
When a trade fails to go the way that you wanted it to, you cannot blame it on your lazy coworker, shoddy materials or the sun being […]

3 Reasons Day Traders Need To Use Volume Weighted Average Price
  • 3 Reasons Day Traders Need To Use Volume Weighted Average Price

3 Reasons Day Traders Need To Use Volume Weighted Average Price

By |April 7th, 2017|

When it comes to day trading, finding the average price especially on a closing value of a security will not provide you with the accurate picture of the asset’s health unless Volume Weighted Average Price (VWAP) is used.

For those who are not familiar with VWAP, it refers to the true average price of a […]