There are a variety of ways to become an intraday trader: 1) Start your account and log in. 2) Enter your information. 3) Fill out the application. 4) Get your trading license and account. When will I know if I’m good enough? To qualify as an intraday trader: 1) You must be 21 years old […]
The answer varies by trader – Is the indicator right for you? Is the indicator too sensitive when it comes to technical trading? Is the indicator just too close-minded to make a good trade? Let’s look into some of the above questions and how they effect your trading decisions. Question 1: Is it best to […]
This question was asked to the participants, the results showed that the daily trader in this cohort have a median income of $4,100. Most daily traders, however, had to give less than $500 a month to their account(s). One participant stated that a typical day trader would earn $500 and that this was in order […]
You may have heard of the rich day trader: traders who make large, frequent trades, betting that the market will rise or fall sharply. The rich trader is essentially someone who has a high tolerance for risk, who loves to beat the market and often makes a large sum of money for doing so. The […]
Forex traders use indicators to forecast different futures prices. Forex indicators may be displayed online, on paper, or displayed in front of a trader’s eyes. How do I use an indicator in real time? Forex traders rely heavily on indicators to forecast the future in real time. Forex indicators are usually displayed on an electronic […]
Technical analysis is considered a very important skill in the world of trading. Its main component is the ability to distinguish and separate signals from noise. This is achieved through a method called a technical analysis. Many traders have mastered the concept and use it for everything from trading to investing. One should always take […]
Most of the time, it’s the first time you’re moving money. That has a better overall average return per trade, but it also leads to higher trading costs and more volatility overall. I am a big proponent of cash trading. How much do you think your stock options are worth? If I could trade on […]
It is impossible to put a cost on something that does not exist, if there is no way to measure it. It is also impossible for any of these costs to be measured as accurately as they can be in traditional retail markets. If IBD, as a whole, was an accurate reflection of costs related […]
If the market is trending away from you or toward you (the risk will increase), it may be more useful to look at more of your financial data at home. It takes five seconds to access our Market Data Online app or by calling 800.854.0272. If the market is trending up or going in the […]
We can’t put an exact price on it, but you can get a rough idea by doing some simple math: The minimum investment needed to buy 1% of the S&P 500 is $1,333,333 (it may be more, some places do more, others less). It’s just a very steep start. The top traders have an average […]