As you navigate the complexities of the foreign exchange market, understanding chart patterns like the ascending triangle can elevate your currency trading game to new heights. This comprehensive ...
Whether you're a novice investor venturing into the day trading arena or a seasoned trader seeking to broaden your horizons, understanding the fundamentals of pattern day trading (PDT) is crucial. You ...
Traders often use the cup and handle pattern in technical analysis to look for possible bullish continuing patterns in the market. This pattern has a cup-shaped shape at the beginning, followed by a ...
The world of technical trading can often feel overwhelming, a blur of lines, candles, and indicators. You might recognize a Head and Shoulders pattern when you see it, but do you have a disciplined ...
The Bitcoin megaphone pattern features at least two higher highs and two lower lows, forming an expanding structure. Connecting these highs and lows with trendlines creates a megaphone-like appearance ...
IG North America, an online derivatives trading provider, is working with the US regulators to modify rules around pattern day trading, according to CEO JJ Kinahan. JJ Kinahan “We’re working with the ...
There was a time years ago when the only people able to trade actively in the stock market were those working for large financial institutions, brokerages, and trading houses. The arrival of online ...
Buying an asset in a downtrend can be a risky maneuver because most investors struggle to spot reversals and as the trend deepens traders take on deep losses. In instances like these, being able to ...
Veteran trader Peter Brandt has noted Bitcoin is forming a “three blind mice” pattern, with some interpreting the message to mean the asset could tumble lower in the coming days. In an Oct. 2 post to ...
A pattern day trader is a trader who makes four or more qualifying day trades in a five-day period. To qualify as a pattern day trader, the individual must meet two additional criteria. The person ...
Pattern day traders must maintain a $25,000 minimum balance to trade. Accounts are flagged for pattern trading with 4 same-day trades in 5 days. Exceeding day trade limits triggers a margin call, ...