Posts Tagged ‘trade ideas’
Daily Trading Goals Are Terrible
To be successful in any performance-related activity, such as trading, goal-setting is crucial. But not just any goal—not all goals are created equal. Many traders who seek my advice are setting themselves up for failure with the wrong kind of goals. When you’re new to trading, it can be tempting to set a daily goal…
Read MoreVacation Trading 101: How to Enjoy Your Summer Vacation Without Sacrificing Your Trading Profits
Written by Katie Gomez August is a universal vacation month, especially in Europe. As a result, traders often see a dip in market volume and liquidity. The more people on vacation, the less active the market becomes, creating a ripple effect that affects trades globally. Therefore, it’s crucial to decide how to handle your vacation,…
Read MoreEvaluating Your Trading Strategy:The Importance of the Equity Curve
When determining how well a trading strategy is likely to perform in the real world, there’s no better measure than the equity curve. While many traders focus on individual performance indicators such as the annual return (CAGR), Sharpe ratio, Profit Factor, or even Expectancy, these single-number metrics can’t capture the full picture. The equity curve…
Read MoreKnow When to Hold Them, Know When to Walk Away: Applying Poker Logic to Your Stock Portfolio
Written by Katie Gomez As traders, we aim to protect our assets and portfolios. Often, the safest way to do this is by selling. The worst mistake a new trader can make is to stay active in a market that does more harm than good. If you want to succeed as a stock trader, you…
Read MoreQuality vs. Quantity: What Should Traders Focus On?
Written by Katie Gomez There are polarized views on the importance of quantity vs. quality in stock trading. Which is the more important determinant of success as a stock trader or investor? Quality and quantity both play pivotal roles, yet their significance varies based on factors like trading style, risk tolerance, and individual preferences. For…
Read MoreIs there a right way to invest? How to shift your thinking when it comes to long-term investing
Written by Katie Gomez The number-one question everyone asks is: ‘What should I invest in to make the most money? This question is problematic because it can be answered from multiple perspectives. However, the better questions you should ask are: What am I more equipped to invest in at this stage in my life? Which…
Read MoreYour TIPro Brokerage+ to ETrade Account Connection
We wanted to give you a heads-up about some important changes happening this weekend at our broker partner ETrade. Don’t worry, we’re here to guide you every step of the way! What’s Changing?Due to the migration of ETrade to Morgan Stanley, all ETrade account numbers will undergo a change and shift from 8 to 9…
Read MoreThe True Impact of Partial Profits
Many traders face a dilemma when a trade quickly turns profitable: should they scale out of the trade to secure partial profits or hold on for potentially greater gains? At first glance, taking partial profits—i.e., closing a portion of your position while leaving some shares open—seems like a sensible move. However, have you ever paused…
Read MoreThe Impact of Social Media on Stock Prices: The Rise and Risk of Meme Stocks
Written by Katie Gomez Social media has undeniably shaped various facets of modern life, but one overlooked area where it’s made a substantial impact is the stock market. Particularly, the advent of “meme stocks” has redefined trading dynamics and created a new breed of investors. This article explores how social media platforms have influenced stock…
Read MoreStatement About Filter Change
Trade Ideas recently made a change to the “Change in X Minute %” filters on Trade Ideas to align with industry standards. While the reason was valid, the communication was mishandled, and I apologize for any inconvenience caused. Going forward, no major changes affecting strategies will be made without clear communication. Thank you for your feedback, as it helps us improve. You can revert to the original formula if you prefer.
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