As of May 5th 2019, the CME group announced 4 new contracts that can be a game changer for new traders. You can now trade micro e-minis of S&P, Nasdaq, Russell, and Dow and that means you will spend a lot less to learn how to trade futures. We are excited about this and already made the necessary changes to our system to support these new contracts. Here is what you need to know:
A lot of people get in touch with us asking when they can start trading with a real account. This is a genuine question and not as simple to answer as it seems.
If you are just starting on your trading journey, I really recommend you start in a simulator environment because you get to learn a ton of things without losing a dime. Such things might include:
We recently did a case study with one of our top clients to demonstrate how important the use of data is when making trading decisions. For this case study, we used the following data points:
If you are looking for a crypto or bitcoin trading journal, look no further. You can now track your results for both CBOE and CME bitcoin futures contracts as well as some of the most popular cryptocurrencies in the world.
We are pleased to announce new features to help you analyze, understand and improve your trading performance.
Here is a list of recent updates:
Regardless of your level as a trader, I always believe that good record keeping either through a trading journal software or trading spreadsheet is required for anyone that wants to become successful in trading. These tools help you really understand what goes on with your trading performance from a statistical point of view removing all emotions, judgements and ambiguity from your analysis.
We are pleased to announce new features to improve your trading performance and track every aspect of your trading business.
You can now view the average time spent on losing vs winning trades. If you are spending more time holding on to losers, you are not managing risk very well, thus not following your entry and exit rules. Ideally, you want to hold on to winners longer or at least for the same time as your losers. Discover how this metric works by viewing your kpi report. By the way, this is a paid feature.
I started trading back in 2001 when my college buddy recommended to buy INFA. I bought 200 shares at $14 and held it for two years selling it for $8. Thanks for the tip buddy! During the next few years, I wasted a lot of time and money trying to learn to trade by myself. All and all, I lost around $5K after “playing” for about 3 years before work. I took some time off and decided to give trading another chance, but this time a real chance. I started trading in a prop firm where I had all the necessary tools to succeed. Under this new environment, I had only 4 down months out of 48 during my trading career. Most importantly, I only lost about $1500 to reach profitability. Pretty big difference from when I tried to learn by myself.
We created this post for users who wish to use an online trading journal solution that can offer a robust set of features at an affordable price.
In this post, we compare Tradervue vs Trademetria. Both products were created with the active trader in mind. They have features to add multiple trades at once from multiple brokers and plenty of metrics for day traders and scalpers.
Need a break from the markets? Met your daily goals? Then, check out our funny stock market memes and pictures we compiled for you.