[ad_1] In order to succeed as a day trader, people need to choose a good trading strategy, but this isn’t always enough to make things run smoothly. Trading can be difficult for people because they allow their emotions to keep them from pulling the trigger on a trade. This may be the reason that you are finding it hard to be the successful day trader that you wish to be. One emotion that can keep you from being a successful day trader is fear. If you can complete your trades with good judgment, there is a chance that you will…
Author: DTTW™ Staff
[ad_1] A short squeeze is a situation where a heavily shorted company goes parabolic, leading to substantial losses among short-sellers. This situation happens when a stock that is often disliked by investors surges. The surge can happen when there is important news or when there is none. Short squeezes have been around for many years. However, they gained popularity in 2021 when heavily shorted companies like AMC, Blackberry, and Bed Bath and Beyond surged. As shown below, the GME shares jumped from $1 in January 2021 to a high of $121. This short-squeeze led to substantial losses to people who…
[ad_1] Financial markets are not predictable, and traders aren’t either! In day trading, as in any other job, the human factor plays a significant role. We could say that half of your success depends solely on you whatever career you choose. Take team sports, such as football or basketball, as an example. Your opponents are only a part of the factors at play. And even with the absolute strongest team, with the wrong approach, you will lose. The same thing can be said about motor sports, though. In short, you are an active player with the potential to influence the…
[ad_1] A bull market is the best period in the financial market both for traders and investors alike. It is a period when most financial assets are in a strong uptrend as they form higher highs and higher lows. The financial market has gone through many bull markets in the past. The most recent one happened after the start of the Covid-19 pandemic in 2020. While stocks and cryptocurrencies dipped early on, they staged a strong comeback, pushing them to record highs in 2021. Another example of a bull market happened after the Global Financial Crisis (GFC) in 2009. While…
[ad_1] Financial traders and investors look at various factors when making decisions about buying or shorting stocks, commodities, cryptocurrencies, and forex. They mostly examine fundamental issues like economic data, earnings, latest news, and product releases. Broadly, traders also look at other factors when making decisions. For example, they use layer-2 data to look at a stock’s order book and time and sales to look at the volume, direction, date, and time when each trades are executed. Market liquidity is another crucial thing that people look at in day trading. As We will explain below, liquidity refers to the ease in…
[ad_1] Day trading is one of the fastest growing industries globally, as people seek to take advantage of the financial market. In the past decades, the stock and crypto markets have been among the best creators of wealth. The Nasdaq 100 and S&P 500 indices have more than tripled in this period as companies like Tesla, Nvidia, and Alphabet surged. Cryptocurrencies like Bitcoin, Ethereum, and Avalanche have also had stronger results. At the same time, access to the financial market has grown substantially as companies like Robinhood, Schwab, and WeBull slashed commissions. Internationally, brokers like Coinbase, Binance, and Kraken have…
[ad_1] Quantitative trading is a growing approach in the financial market as technologies like artificial intelligence, data modeling, predictive analysis, and machine learning continue to advance. As a result, the number of quantitative traders and hedge funds is continuing to grow internationally. Today, some of the top-performing funds in the world are those that use quantitative approaches and strategies. They include funds like Two Sigma, AQR, and Renaissance Technologies. Quantitative trading has numerous advantages. For example, it does not have a bias on direction of assets or the performance of indices like the S&P 500 and Nasdaq 100. As such,…
[ad_1] Achieving success as a day trader goes beyond relying on fortune’s whims or making hasty judgments based on market fluctuations. It demands a deep understanding of the psychological factors at play during the trading process. Contrary to common perception, trading is not solely about numbers and analysis; it also involves emotions, discipline, and mindset. Similar to a skilled gambler, a day trader must adeptly manage their emotions and utilize psychological techniques to remain focused and make wise decisions. In this blog post, we explore various psychological aspects and strategies that can be adapted from the realm of gambling to…
[ad_1] “Success is not final; failure is not fatal. It is the courage to continue that counts’” Winston Cruchill This is one of the most popular quotes by Sir Winston Churchill, the revered British Prime Minister. Over the years, the quote has been applied well across all areas like finance, education, business, and technology. But it can be applied in every area of our lives. But, as you know, we are interested in the financial side. That’s why we’re going to look at how this quote fits well for day traders and investors, becoming crucial from a career perspective. What…
[ad_1] There are many trading strategies used by traders in the financial market. These strategies are divided into technical and fundamental analysis. In technical, traders use a combination of technical indicators like moving averages and Bollinger Bands to make decisions. In fundamental analysis, they use the news and other economic data. The indicators regularly used here are interest rates, inflation, confidence numbers, and employment numbers. News trading, here, is one of the most popular strategies in the financial market. It is so crucial because news is often the most common driver of assets like stocks, currencies, and commodities. Some traders have achieved success by just focusing on news. Others have succeeded by combining news with other…