In the world of trading, there are two main roads to success, and each offers its own exciting way to make money:
VWAP, or Volume Weighted Average Price, is a popular tool that helps traders understand the average price that an instrument has traded throughout the day, based on both price and volume
In trading, success isn’t about working harder—it's about working smarter. Here’s how you can elevate your trading game by focusing on the essentials and avoiding common pitfalls.
Trading and dieting are more similar than you think - both enjoy a 95% rate of failure.
📜 DEFINITION: Some prop firms have a consistency rule that states no single trading day can make up more than a certain percent of your total profit. This percentage varies by firm and can range from 30% to 45% 📊
Stock markets go crazy at least once a year. Having lived through more than a few episodes of volatility here are some lessons on how to trade volatile markets.
When trading gurus tell you that you should treat trading as a business, they couldn’t be more wrong. Trading is a business the way screenwriting is a business, the way painting is a business, the way poetry is a business.
With the markets going wild and the Dow tumbling 1,000 points, its time to review CME price lock limits. Think of these limits as guardrails on a wild trading road.
Trading is an inherently stressful profession, characterized by high stakes and rapid decision-making. The constant monitoring of market fluctuations and the pressure to make profitable trades can lead to mental fatigue and burnout.
