daytrading

Seven Key Factors To Consider When Choosing a Prop Trading Firm

Seven Key Factors To Consider When Choosing a Prop Trading Firm

Proprietary trading (prop trading) refers to a financial firm or commercial bank that invests for direct market gain rather than earning commission by trading on behalf of clients. This type of trading results from financial firms choosing to profit from market activities rather than thin-margin commissions obtained through client trading…
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How to use price action as a day trader

How to use price action as a day trader

What is Price Action? Price action refers to the fluctuation in a security’s price as it is charted over a period. It is the foundation upon which all technical analysis of stock, commodity, or any asset chart is built. Short-term traders often depend solely on price action, drawing on the…
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How to trade CFDs with success

How to trade CFDs with success

Trading Contracts for Difference (CFDs) has become a popular way for investors to participate in the movement of asset prices without owning the underlying assets. CFDs offer traders the opportunity to speculate on price movements in both rising and falling markets across a wide range of financial instruments, including stocks,…
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How to Become a Profitable Day Trader

How to Become a Profitable Day Trader

Embarking on the journey to become a profitable day trader is akin to navigating the rapid currents of the financial markets – it requires skill, discipline, and an unwavering commitment to continuous learning and strategy refinement. Day trading demands a comprehensive understanding of market trends, an aptitude for quick decision-making,…
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COT Indicator

COT Indicator

The COT (Commitment of Traders) indicator is a powerful forex trading tool, surprisingly used only by a minority of traders. The indicator is based on the reports published by the Commodity Futures Trading Commission (CFTC) every Friday. The report from the CFTC can be used by traders to spot potential…
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5-1-Daytrading strategy

5-1-Daytrading strategy

The 5-1 strategy was developed by the Danish day trader Hans-Henrik Nielsen from Markettimer, known for his simple yet effective strategies. The 5-1 strategy is a distinct day trading strategy. It can be used in its simplest form, but it can also be advantageously refined with additional indicators. The strategy…
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