If you're new to trading, the learning curve can feel overwhelming. Striking that fine balance on your positions can be demanding, sometimes an insurance policy can save you a costly loss— that’s where a stop-loss order can save your investment.
As usual, the financial media is lambasting millennials, but this time, they’re mad that millennials are finally dipping their toes into the stock market. Mobile broker Robinhood is usually their tool of choice.
Merriam-Webster defines data as, “Factual information (such as measurements or statistics) used as a basis for reasoning, discussion or calculation.” Traders use data in all forms to construct the basis for their trading decisions. In the past, this involved earnings reports and sales statistics for equity traders and perhaps weather reports and supply/demand calculations for commodity traders.
The Cycle Projection Oscillator is indicating some potential near-term opportunities in several markets. Looking at a 240-minute chart of the E-mini S&P 500 shows potential weakness over the next couple of days as shown on the chart.