Following a back test, paper trading aids in the forward testing of a strategy.
When using a new platform, familiarization using paper account is helpful.
Play with a capital sum that is what one would have. Eg play with 20,000 instead of a 1,000,000. The mindset is different.
However, a demo account should not be used for an extended period of time as it lacks the genuine emotion experienced when one's personal money is being used. One would feel like flying real as be...
When using a new platform, familiarization using paper account is helpful.
Play with a capital sum that is what one would have. Eg play with 20,000 instead of a 1,000,000. The mindset is different.
However, a demo account should not be used for an extended period of time as it lacks the genuine emotion experienced when one's personal money is being used. One would feel like flying real as be...
Mmmm... I use the phone mainly for telegram, twitter chat and on the move monitoring. A i5 laptop connected to a 24" monitor and a dream palm size portable projector for anywhere projection especially if on a retreat break
Stock trading as a full time career? Why not, if one has the passion and preparation to take it as a career. Yes, realistically it is not an easy career. It should include options and forex trading as diversification. ✌️
What do you think of being a full time trader?
It's challenging and can be very stressful if under funded. High discipline is a fundamental must for success. It is a can do career/job🐻
What is the must have knowledg...
What do you think of being a full time trader?
It's challenging and can be very stressful if under funded. High discipline is a fundamental must for success. It is a can do career/job🐻
What is the must have knowledg...
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penny stock = stock of a small company that trades for less than $5 per share.In the past, means any stocks that traded for less than one dollar per share.
Blue chip stocks =stocks of well-known, high-quality companies that are leaders in their industries and have stood the test of time.
Income stocks =dividend stocks = stocks that pay dividend, more mature business models and have less long-term opportunities for growth.
cyclical stock =underlying business generally follows the econo...
Blue chip stocks =stocks of well-known, high-quality companies that are leaders in their industries and have stood the test of time.
Income stocks =dividend stocks = stocks that pay dividend, more mature business models and have less long-term opportunities for growth.
cyclical stock =underlying business generally follows the econo...
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MACD (12,26,9)default setting:
(12) – The 12 period exponentially weighted average (EMA) or 'fast line'
(26) – The 26 period EMA or 'slow line'
(9) – The 9 period EMA of the MACD line, known as the 'signal line'
The histogram also shows the strength of the trend. Let's take a look at the free Pifzer PFE stock.
Adding MACD on to the day 1 MA20, we see the MA20 on the chart gives a slower buy signal (price close above the MA20). See the blue arrow on 14th Mar. The green hist...
(12) – The 12 period exponentially weighted average (EMA) or 'fast line'
(26) – The 26 period EMA or 'slow line'
(9) – The 9 period EMA of the MACD line, known as the 'signal line'
The histogram also shows the strength of the trend. Let's take a look at the free Pifzer PFE stock.
Adding MACD on to the day 1 MA20, we see the MA20 on the chart gives a slower buy signal (price close above the MA20). See the blue arrow on 14th Mar. The green hist...
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Moving average literally the average of the past few defined bars (period) using normally its close prices. Let's take a look at my free Pifzer PFE stock
Since trading in longer term, I like to look at daily chart. Populate the MA and change the series of period to some common numbers like 10, 20, 50, 100, 200. Can try also some fancy number like fibonanci no. 5,8,13,21,34,55, 89,144...
Look for the best MA that give the bounce (support, resistance). Chosen one shorter and a l...
Since trading in longer term, I like to look at daily chart. Populate the MA and change the series of period to some common numbers like 10, 20, 50, 100, 200. Can try also some fancy number like fibonanci no. 5,8,13,21,34,55, 89,144...
Look for the best MA that give the bounce (support, resistance). Chosen one shorter and a l...
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Happy days ahead moomoo thank you for all the information and communities and of course the figurines.
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Education and comradeship is great with like minded people. Moomoo to have weekly outlook webinar in 2022 to summarize and comment on counters of choice based on technical and fundamental.
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One should not stick to long-term investment unless one believe one has bought it low enough and be rational to give it up if it is no longer on the growth. Not every stock chosen can be like FANG. A robust growing portfolio should include long and short term. Since long term, looking at months, weeks, days, a simple bollinger band can guide one for a low enough entry.