Day trading isn’t easy and profitable to most traders. If you’re not Thomas Miller or John Roberson, you may reconsider day trading because of the following reason: Tax. Day traders are taxed at normal income tax rates and are less likely to outperform the market when compared with just holding. Warren Buffett defers income until…
It’s difficult to decide the most appropriate level to choose, as it is based on the individual’s trading strategy and experience. In general, the longer you plan to hold your position open the lower the leverage will be. This is logical since long-term positions are typically open when major market movements are anticipated. Preferred leverage…
Every so often, technology or innovation comes along that completely revolutionizes the market, disrupts finance, and brings to light a new way of doing things. There was once even a time where traders charted price action with pencil and paper, and ran numbers using other basic tools. There wasn’t detailed charting software, technical analysis indicators,…
The lower valuations caused by the economic uncertainty gripping the world provide a great opportunity for investors, says a serial digital entrepreneur. “The economic fallout of what’s happened is just starting to be realized. At the moment, a lot of the investors are sitting on the sidelines, yet some are taking advantage of investment opportunities,”…
