Day trading blog

TradingSim Has Level 2 Data

TradingSim now has Level 2 Data! This is a huge accomplishment for our company and we know this feature will provide tremendous value to our customers.

Day Trading Journal

A day trading journal is the only part of your trading arsenal required to succeed at active trading.  Your journal contains each trading transaction an

Daily Stock Picks – Proceed with Caution

In this post, I will cover many of the reasons you should think twice before blindly following daily stock picks. For some of you, this may be a hard

Level II Quotes – Learn About Market Depth [Videos]

Level II Quotes The Level II quote window provides data for pending orders in the market. It displays the size of the best bid and offers with their

Backtesting Trading Strategies – Why Manual Is Better

In this post, I will cover why I prefer to manually backtest my trading ideas in excel. I know for some of you, this is a deal-breaker but hear me out be

Bull Trap – How to Escape the Setup

What is a Bull Trap? A bull trap occurs when longs take on a position when a stock is taking off, only to have the stock reverse and shoot lower. This c