Author ftwiki

Key Resistance Levels: $0.0029, $0.0030, $0.0035 Key Support Levels: $0.00269, $0.00259, $0.0025 The latest surge in the price of Doge Coin has drawn a lot of attention to a potential bull run with almost 20% increases over the past 24 hours. The massive gain was characterized by six bullish candles after rising above the $0.0023…

REUTERS/Rick Wilking Day traders have piled into bankrupt and distressed companies in recent weeks, thumbing their noses at experts and proclaiming that “stocks only go up.” Warren Buffett, perhaps their favorite punching bag, has warned for years about the dangers of mindless buying.

A smart man once told me: a subpar trading system is better than no trading system at all. I am seeing growing chatter on Twitter (TWTR) surrounding day trading and scalping. It’s always been there along with the plenty of trashy newsletter offerings and bogus trading services, but between entertaining personalities, zero commission trading, and…

Stuck at home, bored, with stock markets crashing around the world: lockdown offered the perfect conditions to tempt people into trading on the stock markets to try and make some extra cash. But now a psychologist has told Sky News that so-called “day trading” can be as addictive as gambling.

The Forex market is the world’s largest market and operates 24 hours during workdays. Its principle is simple – trading currencies for global nations. However, trading is not as smooth as it sounds. The Forex market is affected by several factors, such as the nation’s GDP, interest rates, inflation, etc. Therefore, this market is not…

In our prior analysis, we focused on the period around the open and closing auctions.  Today we take a deeper look at intraday trading – commonly called “continuous trading” – where prices and liquidity are constantly in motion across all trading centers. Importantly, all stock tickers can (and do) also trade on any venue.

A new crop of day traders are learning they have to think fast about buying, selling and holding stock — and they might need to think quickly about tax planning strategies for next season as well. July 15 isn’t just the deadline to file federal income taxes.

Retail punters have been trading shares in record numbers. Thanks to the stock market jumping up and down like a kangaroo, and thanks – reportedly – to sports gambling being unavailable, households are throwing a record amount of cash at the market.

Live sports are back. Major League Baseball is set to begin its 2020 season. The Yankees—a favorite of Wall Street—play the defending champion Washington Nationals today. First pitch: 7:15 p.m. EST.

As the twin black swans of the coronavirus pandemic and the historic oil price collapse rocked financial markets early in 2020, opportunities emerged. So did media narratives. One of the most popular: that bored young people, stuck at home with no access to sports or bars or live entertainment, went day-trading instead, in many cases…