How to be Successful at Trading Futures
Trading futures can be a great way to make money, but it’s important to understand the market and have a solid trading strategy in place. In this article, we’ll provide some tips on how to make money trading futures. Set a stop-loss: A stop-loss is an order that you place with your broker to sell…
Day Trading E-mini S&P Futures
Recently, I decided to try my hand at day trading E-mini S&P futures. Based on the research I had done for a previous article on Prop Trading Firms, I decided to give it a shot. After comparing various companies that offered futures based prop trading, I finally decided to give futures trading a try. Why…
Prop Trading Firms – What are they?
Over the past few years, prop trading firms have been popping up around the internet and have been increasing in popularity. Since they are fairly new, there are many people who don’t understand what they are and how they work… Futures prop trading firms, such as Apex Trader Funding are companies that allow you use…
Buy and Hold UPRO and TQQQ
Leveraged ETFs such as UPRO and QQQ are typically used for day or swing trading. Most financial advisors swear against holding UPRO and TQQQ for long term investments. Recently I have been doing some research to try to understand if holding leveraged ETFs long term is a valid strategy to generate wealth. What are leveraged…
Options – What is the Wheel Strategy
The options wheel strategy is a income generating strategy primarily composed of two very simple options strategies. The cash secured put and the covered call. Cash Secured Puts The first part of the strategy involves selling a cash secured put. At this point in time, you have no position in the stock. Here’s a completely…
Six Steps to Increase Your Net Worth
There are many people who don’t understand how to build their net worth. They can’t seem to figure out a way to invest for their future. In this article, I plan to give you six steps that I personally used in order to increase my net worth. Pay Off High Interest Debt The first step…