What Is A Pattern Day Trader? You are a pattern day trader if you make more than four-day trades (as described above) in a rolling five business day period, and those trades make up more than 6% of your account activity within those five days. There are different types of day traders but we’ll focus on… Read more »
Posted Filed under TT Education by Jonathon Walker .
Webull Financial LLC, an independent, self-directed broker-dealer focused on zero-commission trading and in-depth market data, today announced the launch of Webull 6.0. The new version of the app includes features such as AI-enabled voice commands, a more simplified “big button” user interface, and price ladder trading, a streamlined portfolio and redesigned P&L Page, powerful new… Read more »
Posted Filed under TT Education by Jonathon Walker .
What Is Scale In? Scale In is a trading strategy that involves buying shares as the price decreases. To scale in (or scaling in) means to set a target price and then invest in volumes as the stock falls below that price. This buying continues until the price stops falling or the intended trade size… Read more »
Posted Filed under TT Education by Jonathon Walker .
For biotech and pharma, the catalysts we’re interested in are clinical trial updates and results and the big money-maker—an FDA approval. ? FDA Catalyst News: www.biopharmcatalyst.com/calendars/pdufa-calendar This website is one of a few reliable ones and also one of my favorites. PDUFA dates are deadlines for the FDA to review new drugs. The FDA is normally given 10 months to… Read more »
Posted Filed under TT Education by Jonathon Walker .
A stock screener is a tool that investors and traders can use to filter stocks based on user-defined metrics. Stock screeners exist either for free to a subscription price on certain websites and trading platforms. They allow users to select trading instruments that fit a particular profile or set of criteria. For example, users are… Read more »
Posted Filed under TT Education by Jonathon Walker .
Support and Resistance Support is a price level where a stock will stop moving downward depending on demand. As the price of assets or securities drops, demand for the shares increases and forms the support line. Meanwhile, resistance zones arise due to a sell-off when prices increase. Think of it as a floor of support or… Read more »
Posted Filed under TT Education by Jonathon Walker .