DayTraderPro introduces online, live-trading courses with veteran trader Guy Gentile as mentor. Adding to their already popular live-trading chat room, DayTraderPro Academy now offers an in-depth learning experience for traders. Based on real market trading and not stimulations, the academy Read More
The first thing to understand when it comes to short-term trading is that trading strategies supersede everything. The best stock trading tips in the world won’t amount to much if the trader doesn’t have a robust trading plan in place. Read More
Scaling In Scaling in is the process of buying shares as the price decreases. To scale in a trader sets a target price but enters the market using just a fraction of their total position. As the stock moves below Read More
Risk management is a skill that all successful traders must have and strengthen daily. This skill is essential because risk comes with the job of trading. A trader can make 90% winning trades, but if they mishandle 10% of losing Read More
As a new trader, when it’s time to trade you’re focused on executing your strategy for the day. The last thing on your mind is to stop and journal. That would be weird, right? But in the heat of it Read More
Selecting a stock to trade depends on many things. Trading style, experience and capital being the three major factors. But first, there are a few things about stocks that you need to remember. Every stock has different levels of volatility Read More
Getting started in day trading requires several critical things, the first being a strategy. If you’re a novice trader, you should focus on simple and proven strategies as there is a high learning curve. Once you progress and become more Read More