Imagine buying a stock as the market opens, only for the price to rocket up into a big profit. Sounds great, doesn’t it? This is why many traders love trading stocks that look like they’re ready to move in an instant. A great way to find these ready-to-move stocks is by trading off news catalysts.Continue reading “Trade Based on News Catalysts”
Category Archives: Blog
Canada Revenue Agency: Important TFSA Trading Rules
While a TFSA is an awesome savings vehicle, it comes with rules. Not knowing them or ignoring them can wash away the TFSA’s advantages. You’ll find below important rules that you should respect to profit the most from your TFSA. Contribution rules The maximum amount you can contribute annually to your TFSA is currently $6,000. This numberContinue reading “Canada Revenue Agency: Important TFSA Trading Rules”
Types of Indicator
Traders often use many different technical indicators when analyzing a security. With thousands of different options, traders must choose the indicators that work best for them and familiarize themselves with how they work. Traders may also combine technical indicators with more subjective forms of technical analysis, such as looking at chart patterns, to come upContinue reading “Types of Indicator”
What is a Technical Indicator?
Technical indicators are heuristic or pattern-based signals produced by the price, volume, and/or open interest of a security or contract used by traders who follow technical analysis. By analyzing historical data, technical analysts use indicators to predict future price movements. Examples of common technical indicators include the Relative Strength Index, Money Flow Index, Stochastics, MACD and Bollinger Bands®. Highlights Technical indicatorsContinue reading “What is a Technical Indicator?”
How to Trade Using a Stock Screener (Part 1)
Follow Chart Patterns Think of patterns in a stock chart like footprints, with other traders leaving the tracks. Big picture: You’re looking at the movements of the market herd. And once you really understand what you’re looking at, the patterns can give you an indication of what the herd will do next. It’s all aboutContinue reading “How to Trade Using a Stock Screener (Part 1)”
How Do You Get Started With Stock Screeners?
Article by Investopedia.com Selecting good stocks isn’t easy. The sheer volume of companies makes zeroing in on a good stock difficult and the volumes of data on the internet don’t make things any easier. In fact, it’s hard to sort out the useful information from all the worthless data. Fortunately, a stock screener can help you focusContinue reading “How Do You Get Started With Stock Screeners?”
When should you use a stock screener?
At least once a day if you are a trader. The rest of the time you should do in depth research – this of course depends on your investment strategy. You should use a stock screener to build your watchlist. If not how else are you going to sift through the thousands of stocks outContinue reading “When should you use a stock screener?”
What Is a Stock Screener?
Article by Investopedia.com 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. ForContinue reading “What Is a Stock Screener?”
