Dear Traders,What a day to be alive! Elon Musk is making news these days over Tesla and Twitter. The figures that were released on the weekend regarding Teslaās third quarter car sales missed analystsā expectations, leading Tesla to sell off by over 10%. Elon Musk...
I recently releasedĀ a video aboutĀ one of my favourite leveraged ETFs: TQQQ, which seeks aĀ Ā return that is 3x the return of its underlying benchmark for a single day, and want to share some information with you about these attractive but potentially explosive products. To begin with,...
Dear Traders, First and foremost, my thoughts and prayers are with those who have been affected by Ian. Ian, now once again a hurricane, is threatening to carve a new path of destruction through South Carolina on Friday when it roars ashore north of Charleston.After a...
Dear Traders, President Ronald Reagan once said that the ānine most terrifying words in the English language are: Iām from the Government, and Iām here to help.ā I do not think any investors these days are really in agreement with that sentiment. Financial markets are blowing...
An electronic online trading platform is a computer software program that is used to place orders for day trading. A trading platform is different from direct-access brokers themselves, but I often see traders confusing these two as one. The trading platform sends and places your order...
Dear Traders, Happy Tuesday! I am back from my week-long week trip to the UK, where I spent a few nights in the hospital for surgery. I could not trade at all over the last 8 days, but I was honored to witness the Windsor part...
Mountains fascinate me. I spent much of my youth in the mountains, and I still thoroughly enjoy being able to explore the higher altitudes of our world. I began alpine climbing in college, and later I developed a passion for the financial markets. When I...
As an individual trader or investor, you cannot trade directly on a Stock Exchange. For that, you will need a ābrokerā or ābrokerage account.ā A broker is simply an intermediary that gives people access to a Stock Exchange. For day trading, you need a good direct-access...
Trade the Best, Leave the RestAs part of the algorithmic trading by computer systems, the majority of stocks will trend with the overall market unless they have a reason not to. So, if the market is moving up, the majority of stocks will be moving...
Dear Traders, Another volatile week has commenced, with the market gapping down over 1% but then rebounding in the Open session. I am in the United Kingdom, and actually staying in Windsor, near the castle grounds where Queen Elizabeth II will be laid to rest. It...