Do you expect to wake up one day and be a professional trader? Or do you have to practice at it? For most people, practice is necessary. And you have to practice correctly. Practicing correctly involves replicating a real-money trading environment. And what professional trading software or platform easily allows...
Generally speaking, swing trading refers to holding a position for a longer duration than a typical day trade. A typical day trade may last seconds, a few minutes, but generally not over an hour. In contrast, a swing trade can be many hours or days in duration. Because swing trading...
A common consesus among day traders is that forex is not worthwhile. Respected, experience traders often trade futures markets. These futures markets can be traded almost 24 hours per day, but there are certainly better times to trade than others. Common sense may tell you it’s best to trade when...
Futures trading is a unique form of day trading because it is not as though you are trading a company’s stock directly or engaging in transactions associated with a currency valuation. Futures are a derivative type market. It is quite possible that many at-home traders do not really consider or...
Are you considering becoming a professional trader as a career? Then read on to get clarification to common misconceptions. When the average person thinks “day trading” they think about trading stocks. Trading stocks requires around $25,000 USD. This is often called the PDT (Pattern Day Trader) rule. This amount is...
The CME’s (Chicago Mercantile Exchange) calendar can be a bit confusing. Do you know what the Thanksgiving trading hours will be? Thanksgiving Day, a major U.S. holiday, is November 22, 2018. The E-mini S&P 500 (ES) and other CME equity products (markets) will close early on Thursday and Friday at...
