Click here to get a PDF of this post Backtesting software is a program used by computers to execute the results of entries and exits using technical indicators or price action on historical price data and shows the results. Backtesting software refers to applications, scripts and programs that run on a hardware device to check … Read more
One of the most essential tools day traders can use when trading are indicators. Indicators can help traders find some of the best stocks, options, futures, and ETFs in the market. However, they are just a small piece of a large and complex puzzle known as the stock market. Using indicators alongside technical and analytical … Read more
The Chaikin Money Flow is a technical analysis indicator that is used to measure the buying and selling pressure in a stock over a period of time. Intro In the world of trading, huge market movements are usually triggered by the actions of giant hedge funds, pension funds, brokers, and other whales that trade the … Read more
When people pause to look in the mirror, the disconnect between what they want to become and where they find themselves can be a reality check. Many people want to be financially literate, but what people need to understand is that it takes years of research and practice to grasp finances. Often, the inability to … Read more
After weeks of talk that Elon Musk would buy Twitter (NYSE: TWTR), he has made it official and is now the sole owner of the social media company. Musk won his $44 billion takeover fight for the company on Monday, after its board dropped its opposition to his bid. The San Francisco-based company agreed to … Read more
What are premarket opening hours? It should be a pretty standard concept; it’s an activity in the market before it opens, but why is there so much activity? What happens behind the scenes when the market isn’t open? And how can traders like yourself get in the action? We will answer all of these questions, … Read more
The trend is an important feature of trading that traders use to help them read the market movement better, so they can implement their trading strategies at the perfect moment. Trend strength simply refers to the level of influence buyers or sellers have over the market over a particular time. In a weak downtrend, the … Read more
Learning how to invest in the stock market is a significant step to financial literacy. But you might be asking yourself, where do you even begin? And that’s a fair question because you may know that the stock market doesn’t come with opportunity. It also comes with risk, which can be terrifying for investors and … Read more
Have you ever wondered how traders get into a stock right before it makes a huge move? Most people who are not traders attribute it to luck, but there’s much more to that than just being lucky. In reality, it’s all about the indicator. Indicators are essential technical analysis tools that traders use in the … Read more
Gamma hedging has been in the headlines a lot lately, but what is it exactly? Intro The rise of Robinhooders and growth of retail options trading after COVID sparked a cottage industry of traders and analysts who analyze options market order flow to decipher how options market makers are positioned and take advantage of their … Read more