So let’s talk about the five biggest trading mistakes that cause traders to lose money. And one of them is the account killer that I’m saving for last.
When you are trading, you need to have a trading strategy. You already know this, this is nothing new.
The 3 Key Elements To Every Trading Strategy
There are three key elements to every single trading...
Let’s talk about SRC profits. We’ll talk about what they are, why you must have them, and how to generate them.
So let’s get started.
What are SRC Profits?
Lately, I'm seeing all of these YouTube videos showing claims like this where someone said, “I made $1,088 in profits day trading.”
Or someone claiming, “I made $1,253 in profits in three minutes.”
Should You Be Day Trading?
In this article, I’ll show you the pros and cons of day trading so that you know exactly whether or not you should consider it.
Because these days, day trading is super popular. And there are several advantages to day trading, but there are also some challenges.
The 4 Pros of Day Trading
So let’s first go through the pros of being...
2 Extreme Types of Traders
So let’s talk about “What Type of trader are you?”
This is a follow up to my previous article, “The Traders Journey.”
So here’s what I’m seeing. There are 2 extreme types of traders.
The Type of Trader Who Wants to Know Everything
1.) This type of trader can’t get enough information. They’re like a ‘knowledge vacuum’!
Yesterday, Snowflake (SNOW) , one of the most anticipated IPOs in recent history, hit markets. With names like Berkshire Hathaway and Salesforce getting in on the IPO, should you be looking at SNOW as your next big investment?
Snowflake Inc. is a cloud-based data-warehousing startup that was founded in 2012, and yesterday they hit public markets. So what exactly...
So the question is, is Bitcoin a good investment?
You see, since the beginning of the year Bitcoin is up over 50%, and over the last few months the whole crypto market has seen a boost.
In this article I’ll show you the pros and cons of investing in cryptocurrencies like Bitcoin so that you can decide whether crypto trading is for you.
What Is Bitcoin?...
Last Wednesday, I warned during my live show that the market could crash soon.
And it did...
The next day the NASDAQ lost more than 5% – and for the next few days it kept moving lower.
And not to brag, but I pretty much nailed my prediction:
I said the S&P would correct to 3,400 and then bounce back. Well, I was off by a few points. It went down to 3,330 and...
Based On Video Recorded On Wednesday, September 2, 2020
At the time of writing this, the markets are at all-time-highs… but are we setting up for a Fall edition to the 2020 stock market crash?
If you’ve followed me for any length of time you’ll know I’m not one for making bold market predictions, based on gut feelings.
I take a systematic approach to...
Apple’s stock has been on a tear lately.
On the year Apple is up over 70%, recently becoming the first U.S. company with a market cap of over 2 trillion….yes, that’s trillion with a T 😉
On July 30th, Apple (AAPL) announced a 4:1 stock split making its stock price more affordable for more investors.
The split is scheduled to take place on August 31st. But...
With the markets getting banged up earlier this year, you have a LOT of opinions being thrown around on the best way to passively invest in the stock market.
Because of this “Dollar Cost Averaging” has been making its way around the internet again as the best thing since sliced bread…but does it actually work long term?
So in this article, I’m going to...
Anyone that has been around the markets and trading for any period of time has probably heard that most traders lose money.
In fact, there’s actually an old trading adage that says:
90% of new traders will lose 90% of their account within 90 days.
So after reading that, before you reach for your broker’s phone number to wire out all of your money… how about I...
What is the options assignment risk?
Trading options is a very lucrative way to make money in the stock market. Using the same methods that I teach in my trading PowerX Trading Strategy, I was able to turn a 25k account into a 45k account in 2 months!
25K to 45K in 2 months? This sounds too good to be true… and I would like to tell you that it is NOT too...