The best stock trading tools can transform your trading business. Here are 6 stock trading tools to better charting, research and trade executions.
Finding supply and demand zones will help option traders, and investors be able to predict better market conditions. They’re great indicators of letting you know when to get in and when to get out.
If you’re looking to pick the best option contracts with low risk, try picking monthly contracts. Monthly contracts have low theta and high deltas.
Reason I prefer monthly options over weeklies is because you get slower time decay, more time, more pay upfront with less trades, and more consistent high probability trades
If you have a full-time job and you still want to trade in the stock market, you can swing trade shares, pick +30DTE contracts, or even scalp the first/last hour of the market hours.
Webull has a customized screen that lets you customize your option trading layout by adding as many widgets and resizing to your liking.
You can go to finviz dot com and see a visual map of the top stocks in the S&P 500
In this article we discuss the importance of support and resistance levels and how to identify them.
I like to start with $500 – $1,000 in option trading because it teaches me how to control my emotions during a loss without losing too much money.
To pick a good option contract make sure the volume is high, the IV is low, the bid and ask spreads are tight & that liquidity is available.