Learn the Skills. Grow Your Account.
Beta and ATR tell you more about a stock’s danger level than almost anything else. Here’s how to find them and what they mean. Most traders learn about volatility the expensive way. You enter a trade on a stock you’ve never touched before. It looks good on the chart. The setup is clean. Then the … Read more
I have a confession. About once a year, I trade Coinbase. I know better every single time. I trade it anyway. And every single time, it costs me. Not because COIN is a bad company. Simply because it is one of the most uniquely dangerous stocks for someone with my trading style, my account size, … Read more
Placing stock trades without much thought can lead to some pretty jarring surprises, especially if you fire off a market order in a fast-moving stock. I use limit orders almost exclusively when buying or selling stocks because I want absolute control over what price I pay or receive. There are many reasons to use a … Read more
I’ve opened accounts on Fidelity, Schwab, and ETRADE, and tested a few of the newer app-based platforms, too. Each one has its perks and quirks. The good news is that opening a stock trading account is genuinely easier than most people expect, and this walkthrough will get you through it without the confusion. Types of … Read more
I sat down to trade last Friday morning in a genuinely great headspace. The night before, I’d been out seeing live guitar music, and honestly, the last two weeks of trading had been some of my best—disciplined, systematic, and totally calm. My small cash account had grown 13% in the previous session alone, going 3 … Read more
I picked the perfect time to dump my money into the markets. Right!? I waited for years to open my stock account, just waiting for the perfect opportunity to take advantage of a market crash. In March 2020, the COVID-19 flash crash provided the perfect opportunity. I had saved tens of thousands of dollars to … Read more
Candlesticks aren’t magical fortune-tellers that will tell you what the market is going to do. They don’t have special powers and are not the only way to see market information. Candlesticks are a tool. They show you what happened during a trading session, whether it is a daily candle or a 10-minute candle. They reveal … Read more