What Are Technical Indicators? Technical indicators are mathematical calculations based on the historical price and volume data of an asset, such as a stock or a cryptocurrency. They are commonly used by traders and analysts to identify patterns, trends, and potential price movements in the market. Technical indicators can be either trend-following or momentum indicators. …
The Power of Focus Having the ability to focus for extended periods of time is a superpower. Why? Because everything requires focus. Whether it’s staying focused in school or college or staying focused while you’re writing code. Focus and the ability to focus for long periods of time WILL make you successful in almost every …
What Is The Stock Market? The stock market is a system or platform where publicly traded companies can sell shares of their ownership, or stock, to investors. It’s a marketplace where buyers and sellers can come together to trade stocks, bonds, and other securities. When a company sells stock, they’re essentially selling ownership in the …
Can you trade without indicators? There is absolutely NOTHING wrong with trading with indicators. I trade with indicators, people on Wall Street trade with indicators, people at home (retail traders) trade with indicators, prop traders use indicators. ALMOST EVERY TRADER USES INDICATORS! The reason why I’m writing this blog post is because some people say …
Can you trade without indicators? There is absolutely NOTHING wrong with trading with indicators. I trade with indicators, people on Wall Street trade with indicators, people at home (retail traders) trade with indicators, prop traders use indicators. ALMOST EVERY TRADER USES INDICATORS! The reason why I’m writing this blog post is because some people …
What are stock options? One of the common questions I get as a trader and working in finance is what are options and how can someone trade them? Before I answer that question I’d like to explain something that might seem a little strange. To start off I’d like to tell you that you can …
When should you cut losing trades? One of the biggest mistakes a trader / investor can make is not cutting their losses fast enough. Why is this such a big deal? Well there are two reasons – 1) Margin Calls and 2) Losing trades which will lead to a smaller portfolio. So, first of all, …
This week we’re STILL looking at TSLA. Why? Well since December 1st 2022 TSLA has dropped from about $200 to $100 – which was a great opportunity for short sellers. Why? Well the market dropped approximately $100 and with one option contract being equal to 100 shares this drop could have been life changing for …
TSLA is DROPPING. TSLA, this year alone, has dropped about 70%. Why? Well for one, Elon Musk (CEO of Twitter and Tesla) sold $3.6 BILLION dollars worth of Tesla Stock to purchase Twitter – and that is the main reason why TSLA dropped from about $200 to $108. That’s over a $90 in a very …
With COVID-19 (Coronavirus) taking over and destroying the economy along with a lot of families and lives across the globe some companies are doing well. It may seem like an inappropriate time to discuss money in a time like this, some people might say things like: “money is the root of all evil!” or “how …