Breakout Example

What Is A Breakout/Breakdown – How To Trade Breakouts

Breakouts and breakdowns are probably one of the most common technical chart patterns. Therefore, they automatically are one of the most reliable chart patterns. But there are quite a few things to look out for when trying to trade breakouts/breakdowns. In this article, I will walk you through what a breakout/breakdown actually is, how to evaluate breakouts/breakdowns and finally how to trade them. What Is A Trading Breakout/Breakdown: A breakout is a technical event that indicates a Read more

common stock trading mistakes

25 Of The Most Common Stock Trading Mistakes And How To Avoid Them

There are literally endless different stock trading mistakes. But those discussed in this article are some of the most common stock trading mistakes I know of.  Many, especially new traders sadly make these mistakes. If you are able to avoid most of these, you will definitely be on a better track than 80% of all traders. Even though this article is named ‘common stock trading mistakes’, it isn’t only applicable to stock trading but to other kinds of trading as well. These mistakes can also Read more

stock market profit

4 Ways To Become A Better Trader

No matter how good of a trader you are and how good your trading strategy seems, you can always try to improve yourself. There are always ways to improve your strategy and in my opinion, it is very important to do so. It doesn’t matter if you are trying to become profitable or already are. Traders or people, in general, should never stop trying to improve. In this article, I will present a few different Read more

Secret to trading success

How to Learn How to Trade – My Secret to Trading Success

In this article, I will share the number one most important trading lesson anyone ever gave. What I will share is what distinguishes the 90% losing traders from the few winning ones. If you fully understand this lesson, you already know more than most other traders. So really take your time and read carefully. Don’t feel the need to skip ahead because you know better because frankly, you don’t! Video Lesson The following video lesson covers Read more

are penny stocks a good investment

Penny Stocks Explained – FAQs

Penny stocks are very low priced stocks that often only trade for pennies just like the name implies. These stocks are one of the most hated investment assets in finance. They are rarely featured on any financial news networks and are always classified as ‘too risky’. In this article, I will try to discuss if penny stocks deserve their hate or are good opportunities. What is a Penny Stock: There are different definitions of ‘penny stocks’. Read more

how to trade options in a small account

Options Trading In A Small Account – My Experience

Originally, this article was for one of my live (option) trade case studies. But after writing around 1000 words about flaws in my strategy in small accounts, I realized that this would be a great article for people with smaller accounts. All my live trade examples/case studies are done inside of a very small ($1500-$2000) Tastyworks broker account. In the beginning, this was to show that it is possible to make money with options in Read more

futures trading explained

Futures Trading Explained – Futures vs Options vs Stocks…

Futures are one of the, if not even THE most traded and oldest derivative in the markets. They are standardized, extremely liquid and can be traded on almost any underlying asset or security. Nevertheless, many people either have no idea what futures are or can’t tell the difference between futures and other derivatives like options or forwards. In this article I will try to clarify what futures are, how futures differ from other derivatives and Read more

RISK MANAGEMENT BASICS

Risk Management Basic Course: Trading Risk Management Techniques

Successful trading is not possible without good risk management. Risk management is probably one of the most important things when it comes to trading. But sadly most traders fail  to do this correctly. This is the main factor that distinguishes the 90% of losing traders from the winning ones. No matter how good a strategy is, with wrong or no risk management it is doomed to fail. Basic risk management is very simple but can Read more

forward contract explained

What Are Forwards And How Do They Work

Forwards are very often confused with futures or even options. Many people don’t really get the differences as all of these derivatives are similar. In this article I will sum up what a forward actually is and what distinguishes it from a future or an option contract. What Are Forwards: Forwards are an Over-The-Counter (OTC) derivative. This means that they are based on something (an underlying) which really can be anything. It can be a Read more

currency forex basics

Forex Basics Tutorial – Forex Explained

Before we begin, I just want to say a few words: I know this article may look quite long for some of you, but Forex is no easy topic that you can cover in a few sentences. Even this article only scratches the surface. Nevertheless, it is very important to understand all the Forex trading basics to have a foundation to build on later. I have tried to be as brief as possible. Enjoy!   Read more