Securities Examinations and Licenses in the United States

In this article, I’d like to provide an overview of the most common financial securities examinations needed to work as a licensed securities professional in the United States. Series 3 The Series 3 is one of the best-known examinations. Successful completion entitles you to sell commodity futures as well as options on commodity futures. The …

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Market Profile (2021) – The Fingerprint of the Market

Time, price and volume are the three factors governing price formation in markets. The Market Profile is a graphic that links them. Development of the Market Profile The Market Profile was developed by Peter Steidlmayer, a trader at the Chicago Board of Trade (CBOT), in the 1980s. Steidlmayer was looking for a way to gain …

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Using Pivot Points in Trading (with Examples / 2021)

A pivot point is a mathematically calculated point on a chart that often serves as support or resistance. It represents a potential turning point in the market or can be used as an indicator of market movements. Pivot point basics With the help of pivot points, you can easily and consistently calculate support and resistance …

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Footprint Charts (2021) – Looking under the Hood of the Market

Footprint Charts

The purpose of footprint charts is to allow traders to use the vast amount of data generated by markets in a profitable way. The charts afford greater transparency and provide a visual means to gain deeper insight into trading activity in real time. They significantly enhance information content, which is crucial for traders. In addition …

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Capital.com – CFD broker review (2021)

Broker comparison – who is the best? In this article, we are introducing Capital.com. Capital.com – background information Capital.com is a relatively young fintech company that was founded in the year 2016 and has been able to register rapid growth ever since. With over 3,000 different tradable markets, this CFD broker from Cyprus has quite …

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Swissquote – broker review (2021)

Swissquote Review

Broker comparison – who is the best? In this article, we are introducing Swissquote. Swissquote – what’s behind it This article looks into the online broker Swissquote, which is part of the Swissquote Group Holding Ltd. The Swissquote Group is headquartered in Switzerland (Gland). Clients in Europe are being looked after by a subsidiary called …

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Using Time & Sales Successfully in Trading (Update 2021)

Time & Sales, which shows the time and price of every executed trade, is an important analytical tool for trading. Occasionally you may have questions about your order executions and want to check the conditions under which trades were transacted. With my broker (Interactive Brokers), it’s very easy to track and check the trades in …

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What is Slippage in Trading? (2021)

Slippage in Trading

The term slippage (from the verb “to slip”) refers to the difference between the expected price of a buy or sell order and the actual execution price. This article describes my experience with slippage in trading. Slippage occurs in fast or illiquid markets There are three trading situations in which you may experience price deviations …

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Understanding and Using the Bid Price in Trading (2021) 

Bid Price in Trading

In this article, I’d like to explain the bid price, or bid, which plays an important role in trading. The opposite of the bid is the ask price. The bid is the highest price at which someone is willing to buy a security in the market. By contrast, the ask is the lowest price at …

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Understanding and Using the Ask Price in Trading (2021)

Ask price in Trading

In this article, I’d like to explain the ask price, or ask, which plays an important role in trading. The opposite of the ask is the bid price. The ask is the lowest price at which someone is willing to sell a security in the market. By contrast, the bid is the highest price at …

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Ed Seykota – Trading Legend and Market Wizard

Ed Seykota

Ed Seykota is a trading legend. He was born in 1946 and earned a degree from the renowned Massachusetts Institute of Technology. He is considered the first system trader. By 1970, he had achieved phenomenal success using computers and automated systems for futures trading. The first computerized trading systems At the start of his career, …

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