Becoming a winning trader is one of the most difficult careers (90% of retail investors fail). I certainly struggled at the start. Becoming a winning trader can take an average of one year (but most never become one). At the start of my trading career, I needed to figure out where to begin and I … Read more
Trading is a hard career, that almost everyone will fail at. Over the years, from experience, I learned a lot of tips and tricks to help me become a winning trader with over 1100 trades under my belt. This experience has led me to Master Meme Trading, like a Jedi. My success can be described … Read more
In the fast-paced world of finance, trading is becoming increasingly dynamic and complex. Despite having access to vast amounts of data and analytical tools, traders often make mistakes that can lead to significant losses. Automation is one of the most powerful solutions to minimize these errors. This article will look at 5 common trading mistakes … Read more
AI has surprised the world, revolutionizing numerous industries with its capabilities. For those who understand how to harness its power, there’s a significant potential to make a lot of money. AI bots such as ChatGPT can offer traders and investors a way to gain insights, compile data, and make informed decisions regarding stock trading and … Read more
This site heavily focuses on technical analysis, but through experience, I learned that a company’s fundamentals must be understood to properly access risk. The stronger the company is fundamentally the less risk there is when holding. Keep in mind the best trader out there: Warren Buffet, is famous for value investing, so it’s always good … Read more
The finance world is the most unethical/dishonest place (remember the economic collapse of 2008). Some of the dishonesty that accompanies subscription services is due to competition. Each service has to do a “bit more” than competitors. It snowballs! People must advertise in “creative” (dishonest/misleading) ways to gather their followers’ attention. It is important to highlight … Read more
Traders often blame their losses in trading due to “lack of discipline” and mental breakdowns. The truth is this isn’t the actual problem causing you to lose money trading. There are many out there willing to sell their services to help you improve your trading psychology/discipline, these range from books, seminars, and even expensive weekly … Read more
Options are generally unadvisable due to the large volume of losses retail traders experience. However, despite the warnings and losses, many traders still trade options. Hence, what matters the most isn’t discouraging people from trading options but helping people deeply understand its fundamentals. This way, retail traders can optimally minimize their losses, and perhaps increase … Read more
TrendSpider is a powerful tool designed for traders to navigate the complexities of the stock market more effectively. Here’s a breakdown of what TrendSpider offers: 1. Automated Technical Analysis: TrendSpider uses advanced algorithms to analyze stock charts automatically. This feature helps traders identify key technical patterns and trends without in-depth technical knowledge. 2. Dynamic Trendlines: … Read more
Trading stocks in a bearish environment can be daunting, especially for new traders. It feels like your stock can continue to bleed with no end in sight. It can cause quite a bit of stress. However, pullbacks on fundamentally sound companies are usually a golden buying opportunity. What I mean by “fundamentally sound” is no … Read more