It is very important to have an established trading plan, rules, and a back-tested strategy. Many new traders get caught up in the glitz and glamour that are often associated with
Trading should be treated just like a business. From an employee standpoint, it is standard to receive paychecks, whether weekly, bi-weekly etc. From a professional trader’s standpoint, we want to
Pattern Day Trading is for a stock market trader who executes four or more day trades in five business days in a Margin account. This rule was created by FINRA
Do you know how a lion hunts? He scans all his prey to see which one is the slowest one when all the preys start running. And once he
A correction is a beautiful thing, simply the flip side of a rally, big or small. Technically, corrections adjust equity prices to their actual value or “support levels”. It’s much
Humans are all emotional beings. We do not always make decisions rationally. Emotion is part of us as investors. Investors might feel better towards stocks at certain point or they