Will You Pass Out Financially Fit Test
Here are 15 questions that can evaluate how financially fit you are in your financial health. 15 Financially Fit Test Questions You can pay off your credit card debt any time you want to or have zero credit card debt. You’ve got 3 to 6 months’ worth of expenses set aside in case of an…
Continue readingThe 6 Most Expensive Trading Habits of New Traders
Expensive trading habits can result in big losses. Here are the 6 Most Expensive Trading Habits of New Traders: 1.Trading with no stop losses. You can’t control your profits, but you can control and limit your losses with a well-planned exit. When a trend turns against you and you start hoping instead of cutting your…
Continue reading7 Best Ways to Exit a Trade
We can make money in trading at the exit, not the entry. The art of exiting a trade is critical to a trader’s success in the markets. Profits can vanish if they are not taken at the right time, and small losses can balloon into large losses if they are not cut short. Small profits…
Continue readingWhat is a Downtrend
A downtrend is a price move that results in lower highs and lower lows over the specified time period. When a chart transitions from an accumulation or range trading phase to a stage distribution phase, a downtrend occurs. A distribution cycle can occur as a result of short-sellers initiating bearish positions and long holders exiting…
Continue readingIs the Stock Prices Falling Is Perfectly Normal?
Falling stock prices are entirely natural in the market. Pullbacks are not rare or cause for concern in the stock market unless they precipitate a potential bear market. Is the Stock Prices Falling Is Perfectly Normal? Parameters for stock market declines: A correction of -5 percent is a pullback. An adjustment of – 10% is…
Continue readingHow to start saving for retirement
You’re done with school now. You have your first job. And you’ve just become able to start contributing to your employer-sponsored 401(k) plan now (k). Then what? start saving for retirement soon as possible. When you think about it, you have two options to choose from while start saving for retirement. How Much To Start…
Continue readingWhat is Long Option Strangle
Traders who are confident that the price of an underlying stock will change significantly in the near future. But Traders who are unsure of the direction of the move can trade options with different directional biases and strike prices. A long option strangle is a type of options trading. It is helpful to bet on…
Continue readingWhat is Short Strangle Strategy
Options traders can sell short combos of options with different directional biases and strike prices. If they think that the price of an underlying asset will not change significantly in the near future. Short Strangle Strategy is a type of option trading. It bets on a small move in either direction for an underlying stock…
Continue readingImportant Skills For A Successful Trader
Anyone may become a trader, but a great trader needs more than money and a three-piece suit. There are a lot of people who want to enter the ranks of master traders. Only a few of them pass or even come close to passing. Consistently profitable traders are as uncommon as multi-million dollar lottery winning…
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