All Entries Tagged With: "Cash"
How Traders Get a Raise
The displayed homepage commission price which brokerages show is a number most people will gladly pay, but it doesn’t have to be “the” number. And the more active you are as a trader, the more you should view it as simply a starting point for negotiations.
4 Reasons to Be in Cash This Weekend
Last week, I closed out a few swing trades and shifted to cash. I’m glad. I’ve day traded and it’s been a good week, and I didn’t need to roll the dice overnight in order to turn a profit.
Bearish Engulfing Bars Warrant Caution
Following gains of more than 7% in just a dozen days, today we saw the market averages tag new recovery highs and then reverse sharply to finish in the red. The bearish engulfing bars which resulted on the daily charts aren’t pretty, especially given the elevated volume which accompanied them. It hints that this market [...]
Freedom in Cash
Having cash on hand as a trader offers tremendous freedom, there is no doubt about it. For quite some time now (many weeks), I’ve been in cash on an overnight basis while this market corrects. I’m thankful that has been the case, allowing me to enjoy that freedom of picking
