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What’s the one thing all successful traders have in common? I’ll tell you: They’ve mastered trading risk management. Trading isn’t the get-rich-quick scheme some people think it is. There are risks, and you need to be aware of them. Trading risk management is key to becoming a successful trader. I haven’t met a successful trader…
I couldn’t have done it without you. In large part thanks to your generous donations, I was able to make a $1 million Karmagawa Yemen donation in 2020. The situation in Yemen continues to be dire — learn more in this blog post. It’s my honor to be able to assist the children and people…
Keith Gill, the Reddit user and YouTube streamer who started the GameStop Corp. (NYSE: GME) short squeeze frenzy, is giving testimony to the U.S. House of Representatives Financial Services Committee today. During his opening statement, Gill made a tongue-in-cheek reference to his YouTube account called “Roaring Kitty.” He said, “I’m not a cat” as he…
Is TD Ameritrade good for day trading? I get this question a lot. Especially with the big bump in day trading popularity ever since brokers began dropping commissions. I think that’s one big reason we’re seeing higher market volume than ever. So people constantly ask me for my thoughts on brokers and which one’s the…
Why is day trading so hot right now? I shared my thoughts on a recent episode of “The Investing For Beginners Podcast”… If you ask me, there’s never been a better time to start trading penny stocks … But there’s a catch. The recent GameStop Corp. (NYSE: GME)/Reddit/Robinhood hijinks brought a ton of attention to…
According to a lawsuit filed with the U.S. District Court of Massachusetts, Keith Gill, the Reddit user and YouTube streamer who started the GameStop Corp. (NYSE: GME) short squeeze frenzy, “is no amateur.” Earlier reporting from the Wall Street Journal said that Gill, “recently worked in marketing for Massachusetts Mutual Life Insurance Co.” However, the…
Rolls-Royce Holdings plc (OTC Pink: RLLCF) stock spiked as much as 470% on Tuesday after announcing a new CFO over the weekend. The company also trades on the London Stock Exchange under the ticker symbol LON: RR. Rolls-Royce is probably best known for its ultra-luxury vehicles with price tags starting at $300K. However, the company…
What are the best ways to learn stock market basics? That depends. Everyone learns differently. In this post, I’ll go over some of the options, so you can find which ones might work for you… The stock market went through a lot last year. We saw one of the biggest crashes, followed by the strongest…
The stock market has been absolutely crazy the past few weeks. But don’t let yourself think that all these stocks will keep spiking or bounce perfectly. Getting sloppy or not cutting losses quickly can lead you down a slippery slope. A reminder… Markets Closed Today for Presidents’ Day Officially the markets are closed for Washington’s…
