Month: October 2020

Transition trading

You’ve probably never heard of this before because I came up with it. Here’s how… Back while I was in proprietary trading, one of the “interesting” things I learned was transition trading. You’re probably wondering: “What is transition trading?” Well, the idea is to enter a trade on the...
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Scalping

I don’t recommend scalping for the retail traders because the transaction cost will eat up most of your profits. And you’re slower than the machines which put you at a major disadvantage. Still, if you want to learn more, then read on… Scalping is a very short-term strategy where...
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Day trading

Day trading a short-term trading strategy where you’ll hold your trades for minutes or even hours (it’s similar to swing trading but at a “faster” pace). The timeframes you’ll trade on are usually the 5mins or 15mins. As a day trader, your concern is to capture the intraday volatility. This...
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Swing trading

Swing trading is a medium-term trading strategy where you can hold trades for days or even weeks. The timeframes you’ll trade on are usually the 1-hour or 4-hour. As a swing trader, your concern is to capture “a single move” in the market (otherwise called a swing). So you’ll likely:...
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Position trading

Position trading is a longer-term trading approach where you can hold trades for weeks or even months. The timeframes you’ll trade on are usually the Daily or Weekly. As a position trader, you mainly rely on fundamental analysis in your trading (like NFP, GDP, Retail sales, and etc.) to give a bias....
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How Do Student Loan Interest Rates Work?

Unfortunately, how much you originally borrow in student loans is not how much you’ll repay. Thanks to interest charges, your loan balance can grow over time. Interest can cause you to pay thousands more than you originally borrowed, so it’s important that you understand exactly how much interest you should...
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How Can You Apply for Student Loans?

If you need to apply for student loans, the process you’ll follow is dependent on the loan type.  Federal Student Loans Fill out the FAFSA: First, complete the FAFSA. While the federal deadline isn’t until June, state and school deadlines can be much earlier. To give yourself the best chance...
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How Can You Qualify for Student Loans?

Before considering private student loans, make sure you exhaust all of your federal student aid options. Fill out the Free Application for Federal Student Aid (FAFSA) as early as possible to ensure you get all the financial aid you’re entitled to receive.  For undergraduate loans, federal student loans do not have...
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Best for Students Without a Cosigner: Funding U

As a college student, you may not have an established credit history or income, and can struggle to qualify for a private student loan on your own. If you don’t have a parent or relative to act as a cosigner, getting a loan can be difficult. If you don’t...
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Best for International Students: MPOWER Financing

Unfortunately, international students often struggle to find private student loans to pay for school, especially if they don’t have access to a cosigner who is a U.S. citizen. For those students, MPOWER Financing is the best lender.  MPOWER Financing offers undergraduate and graduate student loans to international students as...
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