Edgewonk is a powerful trading journal that can help find inconsistencies in your trading and boost you overall trading performance. Whether you are an amateur or professional trader, everyone needs to track and monitor their performance to achieve a high level of success.
History and Introduction
The Cup and Handle is an age-old trading pattern that still holds relevance to this day. This is because while markets do change, along with some of the effectiveness of strategies, human
nature is fundamentally the same, and so the driving forces of price action can be visually represented through the same repeatable patterns in the stock market.
I’ve been thinking about my early experiences in day trading and what has lead me to the strategy and system that I use today after 14 years in the business. The truth is, like most people, when I started trading I didn’t have any real structure or strategy at all. It didn’t take long for me to figure out it was not going to be a sustainable career at that pace.
Stock Trading Order Types
Leaning proper order entry and understanding the meaning of each order type is an important aspect to day trading and investing. In this blog post we will go through the standard order types most brokerages offer, what they mean, and explain when and how you should use them.