Futures are financial contracts that allow traders to buy or sell an asset at a predetermined price at a future date. Futures are commonly used in trading stocks, indices, and commodities, and understanding how they work is essential for traders who want to participate in these markets. In the context of stocks, futures are contracts that allow traders to buy or sell a stock at a predetermined price at a future date. These contracts are traded on futures exchanges, and they are settled in cash rather than the actual stock. Futures contracts on stocks are often used by traders who want to hedg ..read more

Garrett Jones joins us for 30 minutes of big picture talk and then we trade Live on the TradingView Platform for 30 minutes. Complete recap of Live Training Room, LOGIC247 Alerts, and Concierge Trade Alerts.   Take our 1 Week Free Trial and you'll never look at trading the same way again. To begin the journey and claim your 1 Week Free Trial in our Live Trading Room, visit MyTradingIQ.com. If you use TradingView, we'll enable the Indicators for you on TradingView, and other platforms, for 5 consecutive trading days. You'll have access to the Live Room 2 hours a day, full use of all of ou ..read more

Day trading is a popular form of trading that involves buying and selling securities within the same trading day. It is a fast-paced and exciting activity that requires a high level of skill and expertise. One of the most important skills that day traders need to develop is the ability to understand multiple time frames. Understanding multiple time frames is essential for day traders because it allows them to gain a more comprehensive understanding of the market and make more informed trading decisions. When analyzing the market, day traders look at different time frames, including daily, hou ..read more

Day Trading can be an exciting and potentially lucrative activity. With the rise of online trading platforms, more and more people are getting interested in learning how to trade stocks, options, futures, and currencies. However, new day traders often make the mistake of trying to learn everything there is to know about markets. This approach can be overwhelming and counterproductive, as it can lead to information overload and analysis paralysis. Instead, it is better to simply focus on one thing and learn to do that one thing very well. Why do new day traders try to learn everything? New da ..read more

As more and more people turn to trading as a means of making money, the number of scams aimed at new traders has increased significantly. These scams are designed to take advantage of people who are new to trading and do not have the experience or knowledge to recognize the signs of a scam. In this article, we will discuss some of the most common scams that new traders fall prey to. Pump and Dump Scams Pump and dump scams are one of the oldest and most common scams in the trading world. In a pump and dump scam, a group of traders or a single individual artificially inflates the price of a sto ..read more

In the world of trading, there is a constant stream of new tools, strategies, and indicators that promise to provide traders with an edge in the market. However, despite this constant influx of new ideas and techniques, professional traders continue to rely heavily on the tried and tested concept of Support and Resistance. Support and Resistance are two of the most fundamental concepts in technical analysis, which is the study of market action through the use of charts and indicators. Support refers to a price level below which a particular asset is unlikely to fall, while Resistance refers t ..read more

As a trader, one of the biggest challenges you will face is choosing the right broker. While there are many reputable and trustworthy brokers out there, there are also some who engage in shady practices that can put your trading account at risk. One of the most controversial practices is trading against their clients, also known as "counterparty trading." In this article, we will explore why some brokers trade against their clients and the potential risks involved. Firstly, it's important to understand that brokers who trade against their clients do so because it's profitable for them. These ..read more

For new traders just starting out in the world of trading, learning how to read price action is an essential skill. Price action refers to the movement of a security's price over time, and understanding how to interpret these movements is crucial for making informed trading decisions. There are several reasons why learning to read price action is so important for new traders. First and foremost, it allows them to develop a more nuanced understanding of the market. Rather than simply relying on indicators or other technical analysis tools, traders who can read price action are able to identify ..read more

Trading in financial markets is an enticing venture that many people have taken up in recent years. With the advent of online trading platforms and the ease of access to information, it has become relatively easy for anyone with an internet connection to enter the world of trading. However, despite the accessibility and potential for high returns, statistics show that 9 out of 10 new traders fail. This article explores some of the reasons behind this high failure rate. Lack of Education and Knowledge One of the most significant reasons new traders fail is their lack of education and knowledge ..read more

The simple answer is YES! Here's why... If you want to become a successful trader, there is no substitute for experience. However, not everyone has the time, resources, or risk tolerance to learn through trial and error. This is where having an experienced trader as a mentor can be invaluable. There are many benefits to having a mentor in trading. First and foremost, an experienced trader can provide you with a solid foundation of knowledge and skills that will enable you to make informed decisions and avoid common pitfalls. They can help you understand market dynamics, technical analysis, ri ..read more