When most people think of day traders, they have a movie-like view of their day trading income. While this view may be true of some of the upper-tier traders, the reality is that many day traders struggle to turn a profit on a consistent basis. Over the years, I’ve read many stock blogs where the [...]
One of the questions I get asked most often running this blog is “is day trading for a living from home actually possible?” I get asked this quite often via email and even by friends. I’ll try to answer this question not with a “yes” or a “no” but with a more in-depth look. Day [...]
One of the biggest reasons I started writing this Stock Market Blog, is to keep track of my trading so that I would realize what I’m doing right and what I’m doing that results in stock market losses. I believe that trading is like sports and you need to train and review what you did; [...]
In the past few years Wall Street lost a bit of its mystique. Before the financial crisis, many college grads dreamed of working for one of the big firms on Wall Street but after the financial crisis took hold, a lot of people who worked for these firms lost their jobs. We saw the demise [...]
Many people who get into the business of trading stocks like to ask the question “how much money can I make?”, which is often the wrong question to ask because the answers are so dynamic and differ based on who you work for and what you trade. There have been traders who have made billions [...]