Pattern Day Trader

Traders who make 3 or more day trades within a 5 day period will be labeled pattern day traders. Traders who are labeled Pattern Day Traders must maintain at least $25,000 in equity in their account on any day that they place a day trade. For anyone who does not already know, a day trade is referred to as any trade that is opened and closed within the same trading day. As a side note here, if a trader opens a…

Get Out Of The Maze & Finding Your Edge

I think the hardest part for new traders is finding their edge. (A trading method that works for them, time and time again) lots of things come it to play that makes it hard. And it is like a maze. Psychology is one. But the flood of other peoples opinions of what you should and should not do, makes if difficult as well. (when you are a new trader, your hungry for knowledge) One person says, you don’t need this…

Trusting My edge so I can trade in the Zone

As I continue to read and listen to Mark Douglas, I am truly coming to understand the importance of trusting my edge. My edge is trusting the obvious, the moving average of close of the charts that I’m trading when I’m in the market. With macd harmony AKA MACD Simple (never trading against the 60 min MACK!) For some people having moving average line on your charts can be very distracting. Hay! I can understand that. It’s not what works…

The Stock Market Is Now in a ‘Pullback.’ What I Should Do

A stock market slide that has already erased more than 3000 points from the Dow Jones Industrial continued Tuesday, with the Dow fall another 460 points at the market close. But the speed at which the market has bounced up and down has left many investors spooked, especially those who have been lulled by a nearly nine-year-old bull market. This is not a bear market yet. Pullbacks and corrections are actually extremely common on Wall Street. Since the end of…

Bull Market Is On Its Last Leg?

Elliott Wave tells us that markets trade in a five-wave pattern consisting of three expansions and two contractions. We bottomed in 2009, and may now be in the final advance. The market may definitely look expensive on the back of historical figures like PE Ratios/ Book Values/Dividend Yield etc. The eight-plus-year equity bull market rally has reached its final leg, according to Morgan Stanley’s 2018 equity outlook cited by Business Insider. From Elliot Wave perspective, it looks like the current…

COT analysis

1) COT Change: It compares the level of the change in COT data to a predefined range of the data and shows this change in percentage compared to this range. Large changes can sometimes be great signals as shown in my previous example (Oats). 2) COT Extreme: It shows how many reports ago stood the given COT data at the current level. In case of All Time signals, it means that the given COT data has never in the past…

Manipulation of the Markets

A large percentage of people are surprised to learn that the markets can be manipulated in the ways that we have described. Almost all traders are labouring under various misconceptions. There are all sorts of professional interests in the world’s financial markets: brokers, dealers, banks, trading syndicates, market-makers, and traders with personal interests. Some traders have a strong capital base, some are trading on behalf of others as investment fund managers, pension fund managers, insurance companies and trade union funds,…

It is easy to make large profits by simply being long

Stock prices are a function of supply and demand, although other influences, such as earnings and the economy, might affect the desirability of owning or selling a particular stock. After all, the stock market has rallied for eight years, notching record high after record high. The S&P 500 has almost quadrupled from the low during the financial crisis. For the weeks, we have been looking for the market to provide us with some pullback but it continues to push up.  Investing…

Musk Compensation Package

Tesla has set a dozen targets, each $50 billion more than the next, starting at $100 billion, then $150 billion, then $200 billion and so on, all the way to a market value of $650 billion. In addition, the company has set a dozen revenue and adjusted profit goals. Mr. Musk would receive 1.68 million shares, or about 1 percent of the company, only after he reaches milestones for both. Mr. Musk’s critics – and there are many – are…

Windstream

The Windstream Holdings stock holds negative signals. Therefore, all hold a negative evaluation of this stock. buy: 200 at 1.87 Stop loss: 1.47 Target: 2.77 I buy because even though it has a low winning percentage but reward is high. Bonus: Windstream’s buyback program could repurchase 22% of the company’s total market cap.