Michael GuessinInsiderFinance WireAre the Fibonacci Retracements Useful in Day Trading?One of the things that day traders need to keep track of throughout the trading day are support and resistance levels. Useful technical…Oct 4, 2023Oct 4, 2023
Michael GuessinInsiderFinance WireWhat is the Relationship Between Stock Markets and Markov Chains or Continuous Time Stochastic…When a day trader trades any market, there are always risks. One risk is missing when an equity is overbought or oversold. In other words…Sep 27, 2023Sep 27, 2023
Michael GuessinInsiderFinance WireWhy Do Amateur Stock Day Traders Usually Lose Money?A sobering fact about day trading stocks is that only about 36% of day traders make money. 64% lose money. These numbers apply to folks who…Sep 20, 2023Sep 20, 2023
Michael GuessinInsiderFinance WireHow Can I Use AI to Backtest My Trading Strategy?Backtesting is an effective way to determine if your day trading strategy is going to work in the markets in which you trade. This is can…Sep 8, 2023Sep 8, 2023
Michael GuessinInsiderFinance WireAre There Specific Indicators Best Suited for Day Trading?Day trading profits come from accurately predicting price action. This is the same for trading commodity futures, stocks, or currencies…Sep 6, 2023Sep 6, 2023
Michael GuessWhat Is the “Flat Top Breakout” Strategy?When the market pauses at the top of a trading channel it may retreat or advance. Traders who understand the significance of upward price…Aug 30, 2023Aug 30, 2023
Michael GuessinInsiderFinance WireHow Do You Make Use of Daily Pivot Points in Your Trading?A useful intraday indicator is the pivot point. These technical signals tell the day trader in commodities, stocks, or forex about…Aug 23, 2023Aug 23, 2023
Michael GuessinInsiderFinance WireHow to Day Trade in a Retirement AccountMany people use retirement accounts to put money aside for when they are no longer working. Rather than buying bonds, US treasuries, or…Aug 16, 2023Aug 16, 2023
Michael GuessinInsiderFinance WireIs “Scalping” a Risky Day Trading Strategy?A potentially profitable strategy for day traders is scalping. The goal is to repeatedly profit from small price changes. While this…Aug 9, 2023Aug 9, 2023
Michael GuessinInsiderFinance WireIs Trading Against Spikes in Boom and Crash the Great Mistake Most Traders Make?In our opinion, trading against spikes in Boom and Crash can be a mistake for any trader. Since we do not believe that most traders trade…Aug 2, 2023Aug 2, 2023