Bid and Ask Price Explained When trading, you will hear about the “bid and ask price.” What is it, and how do you use it? Here’s an example: In this example, buyers are willing to pay $259.06 for Apple (AAPL), but sellers want at least $259.10 per share. Let’s think about it for a moment: […]
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Have you ever been jealous when you saw somebody with a really nice car? Or when you walked into somebody’s house and it was big… and so clean? And did you secretly judge them by saying to yourself: “Oh, he must be compensating for something by driving this car.” Or “No wonder her house is […]
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So you want to be a millionaire? GREAT! Millionaires and billionaires think differently. And here’s Millionaire Habit #1″: “Take 100% Responsibility For Your Life” Ask ANY billionaire and they will tell you that they take 100% responsibility for their life. Billionaires take 100% responsibility for their success. They know that their success is a result […]
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How To Start Trading Stocks Online 2019 – Step by Step Guide Have you ever wondered if it is really possible to make money with stocks? And how do you do it? How do you start trading stocks? In this article, I’ll show you a step-by-step guide on how to get started. Before we get […]
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As a German and a trader, I thought HOCO is a new stock to trade! I was wrong. It’s HOMECOMING! We don’t have Homecoming in Germany. I have never attended a Homecoming Dance.And I have never attended a Homecoming Parade – until yesterday! As you know, both my kids are active sailors, and my son […]
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Last night I learned the 5 most powerful life lessons – at my daughter’s school! Here’s what happened: My daughter Vivian started Highschool a few weeks ago. And last night was the “Open House” where I could meet the teachers. And it was not at all what I expected! The “Open House” was scheduled from […]
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One thing I continuously see with beginners, or even those who’ve been trading for over a year, is that they struggle to understand when they should be buying options vs selling options. In this article, I’ll break down and guide you through the key differences between buying options and selling them in an easy to […]
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If you’re coming from the world of stock trading, or even cryptocurrencies, the idea of a ‘Strike Price’ is probably foreign to you. Unlike buying or selling stocks, you’re able to get long or short the underlying security from a certain price, the strike price. Whether the strike price is above or below the current […]
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Making a plan for the weekend: You can use the weekend to sleep in and be lazy… … or you can use the weekend to spend time with family and friends… … or you can choose to have a super productive weekend! If you choose the latter, the question is: HOW do you plan the […]
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Taking Action Today, I’m going to the dentist. And I am NOT looking forward to it. I know: I shouldn’t complain. Life is good. I am in good health, and I have most of my teeth. My grandmother always said: Take care of your teeth! It’s why we should floss, it’s why we should brush, and […]
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So, what is this labyrinth of percentages, dates, and Greek words all packaged into something called ‘The Option Chain’? One look of any Option Chain may at first make your eyes go cross. You can find yourself knee-deep in the wrong set of details if you don’t know what you’re looking for or why. This […]
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A trading bot or algorithmic trading system is a piece of software that connects to your trading platform(s). Trading Bots are designed to autonomously execute trades (sometimes thousands of round-turns per day) based on preprogrammed trading signals or indicators with the intent of turning a profit.
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Here’s an example: Let’s say you bought a stock for $100. The current price of the stock is $105. This means that you have an “Open Profit” of $5. If the price of the stocks drops to $98, your “Open P&L” will be -$2. Here’s an example of the “Open Profit & Loss” for a […]
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TLRY Stock News Everyone is talking about pot stocks, cannabis stocks, right? One of the most popular ones is a company called Tilray, TLRY. Is Tilray a good stock to buy right now? Let’s jump in to TLRY stock news. Flavor of the year Let’s talk about cannabis stocks. Right now it’s April 2019 and […]
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Profitable Day Trading There are four stages of a trader, and based on my experience, every trader goes through these four stages before becoming highly profitable with day trading. Stage One A lot of people start out trading notknowing what they’re doing or how to limit their risk, and without a system.This is how they […]
Continue reading5 Habits of Successful People Let’s talk about the 5 habits of successful people that only 1% of the highly successful are doing. I interviewed a few, and of course I am also a multi-millionaire, so, these are a few things that I’ve learned and want to share with you right now. Habit Number One […]
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Things rich people do are different than what poor people do There are five things that poor people do that the rich don’t do and that’s what we’re going to talk about today. What are 5 things that poor people do that are different than the things rich people do? Number one I notice poor […]
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Millionaire Habit So you want to be a millionaire? Great, that’s awesome! You see, millionaires and billionaires think differently, and today we’re going to talk about a millionaire habit. Millionaire Habit: Better Skills = More Money There’s one thing that you can do that will help you to make more money: Acquiring better skills. Let […]
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Stocks vs ETFs Stocks vs ETFs (exchange-traded funds), what’s the difference? Which one should you trade and which has a larger profit potential? That’s what we’re going to talk about right now. 3 things you need to master to succeed with trading The first is what to trade. And there’s a lot of things that you can trade: […]
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How to follow through with goals We all have goals whether it’s making more money, finding more time for friends or family or just getting rid of bad habits. Setting goals is easy, but sometimes it’s difficult to stick to them. Right now I’m going to show you a simple trick that will help you […]
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