September is typically the worst month for U.S. stocks, but 2024 is breaking that pattern. Historically, September has earned a bad reputation on Wall Street, with the S&P 500 averaging a 1.2% loss, making it the weakest month of the year, according to Dow Jones Market Data. However, this year’s...
Precision and timing are the foundation of successful day trading. Many traders struggle with issues like slippage, poor trade entries, and inefficient management, but by mastering key tools and strategies, you can avoid these pitfalls and improve your performance. One essential tool is the ATM (Automatic Trade Management) strategy. Let’s...
On Wednesday, the U.S. Federal Reserve made waves by cutting interest rates by half a percentage point. While market responded positively, whether this marks a successful move remains uncertain. David Rosenberg’s Top Picks: Long-Term Treasury Bonds, Gold, Utilities, Real Estate, Financials, and Dividend Growth Stocks “The Fed’s 50-basis-point rate cut...
In today’s trading session, we’re diving into critical market factors, including news events, the Average True Range (ATR), and practical trading strategies. Let’s explore how to interpret these elements for a successful trading day. 1. Monitoring News Events: The Backbone of Market Movements When entering a trading session, it’s essential...
Long-term bond yields rose even after the Federal Reserve made a significant move to cut interest rates. Here’s why. On Wednesday, the Fed reduced short-term borrowing costs by half a percentage point, lowering the target range to 4.75%-5%. This was the central bank’s first rate cut in four years, aimed...
Keeping your NinjaTrader indicators and strategies up to date is crucial for efficient trading. In this guide, we’ll walk you through how to upgrade an indicator or strategy, such as the Sonic indicator, in just a few simple steps. Step 1: Remove the Old Indicator Before installing the new version,...
