[ad_1] Interest in day trading is rising as people look for ways to make money online. As a result, the number of people becoming day traders has jumped sharply in the past few years. A trading-focused company like Robinhood has over 12 million users. Unfortunately, trading is a difficult way for you to make money. Indeed, most people who venture into active day trading don’t succeed. If 100 people started to day trade today, only less than 20 will be successful in the long term. The most successful day traders are those who take the time to learn about the…
Author: Daniele
[ad_1] As day trading gets more popular, the number of ways for making money in the sector is constantly growing. In this regard, many people opt for running their personal accounts using retail trading platforms like Robinhood and Webull.Others decided to start their own day trading business by relying on proprietary trading firms, while some others joined hedge funds to develop their careers.In this article, we will look at these two other options that you can use and their differences and similarities: prop trading and hedge fund.What is prop trading?Proprietary trading, popularly known as prop trading, is a fast-growing concept…
[ad_1] The financial market goes through different cycles. Historically, there are bull market cycles, where stocks tend to rally and bear cycles where they are usually in a downward trend.For example, the market went through a bearish cycle in 2008 during the Global Financial Crisis (GFC) and a bullish one shortly afterward.It is highly important for traders and investors to always know the state of the market cycle they are in. By doing so, they will have a good understanding of how to allocate resources and make money in the market.So what is one of the best ways to analyze…
[ad_1] Volume is an important part of the financial market since it determines the strength of a move in the financial market.In most periods, market moves that are supported by volume are more effective than those with limited ones. Therefore, day traders use volume indicators when making decisions to figure out whether an asset is liquid or not.In this article, we will delve into one of these indicators, the Negative Volume Index (NVI), moving on to understand how we can use it for our benefit when trading in the markets.What is the Negative Volume Index (NVI)?The NVI is a little-known…
[ad_1] The British pound was once the most important currency in the world. At its peak, it was used in most parts of the world as the British empire expanded.Today, the currency has become the fourth most popular currency in the world after the US dollar, Euro, and the Japanese yen. In this article, we will highlight a brief history of the GBP and how to day trade it.History of the GBPThe British pound traces its roots to 1,707 when England and Scotland teamed up to form a single country. Before that, the country used the shilling, which was managed…
[ad_1] Day trading is a unique form of investing that has become increasingly popular in recent years. You might ask, is day trading gambling?Unlike gambling, it involves careful analysis and research to identify profitable trades. Traders must have the discipline to follow their strategies even when things don’t go according to plan.This makes it much different than gambling where luck plays a major role in success or failure. In this article, we’ll cover several topics, including:Laws and RegulationsLegal framework for each activityDifferences in regulationsRegulation in different US statesTaxation and reportingRisk and skill factorsLaws and RegulationsDay trading and gambling may have…
[ad_1] Just like in everyday life, when you have to struggle with something, it can feel a bit monotonous. But if the same feeling emerges when you’re trying out day trading, it can be concerning and a sign that it’s the right moment to invite the possibility of change.If you want to break free and make all of those changes – just be prepared to become much more realistic in one way. It’s really simple when you’re aware of the fact that more and more people are getting interested in day trading and want to find ways to make their…
[ad_1] Meta Platforms, formerly known as Facebook, is one of the biggest companies in the world with a market cap of over $735 billion.According to Companies by Market Cap, it is the 9th biggest company in the world after Apple, Microsoft, Saudi Aramco, Alphabet, Amazon, Nvidia, Tesla, and Berkshire Hathaway.Does such a well-known symbol represent a good trading opportunity or not? Of course, it does! The ones who benefit most are those who trade stocks with a very short time horizon.In this article, we will look at how to invest and trade in Meta Platforms.What is Meta Platforms?Meta Platforms, the…
[ad_1] Japan is one of the most important countries in the world. It is the third-biggest economy with a gross domestic product (GDP) of almost $5 trillion. Japan is also the biggest holder of US debt, with over $1.1 trillion in holdings.The Bank of Japan (BoJ) is the third most influential in the world after the Federal Reserve and the European Central Bank (ECB).As you can imagine, Japan is the driving force of the Asian session and one of the most important for picking up signals to use in the other two sessions. In this article, we will look at…
[ad_1] If you’re a day trader, you know that timing is everything. But with so many trading indicators out there, how do you know which ones to use? One of the most powerful indicators available today is Anchored VWAP.In this comprehensive guide, we’ll cover everything you need to know about this indicator, from what it is to how to use it effectively.Understanding VWAPBefore diving into the concept of Anchored VWAP, it is essential to grasp the fundamentals of VWAP. VWAP is a widely used indicator in finance that calculates the average price of a security weighted by its trading volume…