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Notes

Knowledge Base

Everything you need to know before you start day trading with real money is documented in this section.

Every important subject matter was analysed and summarized with a view to use while day trading. 

Anchor 1

What you need to know before day trading

“Any fool can know. The point is to understand.”

Albert Einstein

We collect, analyse and learn what there is to know about day trading.

More importantly, we only aggregate that knowledge we need, 

to become a profitable day trader. 

What is level 2 and reading the tape? How to day trade with more profit by using level 2?
13:21

What is level 2 and reading the tape? How to day trade with more profit by using level 2?

In this video we explain to you what level II data is, what its most important properties are and how we can use it to become a more profitable day-trader. After this video you will be able to interpret the level II order book and to read the related time & sales track. Before we start explaining what Level II is, we will first talk about level I. After level II, we will explain what time and sales is and reading the tape. All topics are illustrated with real life day trade and trader software examples. At the end of this video you will be able to interpret level II and time & sales. You will know what reading the tape is and -more importantly- how to train yourself in doing it! This way, you will be able to start using these tools in becoming a more profitable day trader. Useful links * Stock Scanner: https://watchlist.trooper.trading * Stock Alerts: https://telegram.trooper.trading * X Feed: https://twitter.com/trooper_trading * Website: https://www.trooper.trading/ * eToro Portfolio to copy: https://etoro.trooper.trading * IBKR Referral: https://ibkr.com/referral/jorisrobert951 00:00 Intro 00:39 Introduction Day Trade topics 01:26 What is Level 1? 02:28 What is Level 2? 06:18 Stock market hidden orders 07:21 What is spoofing in trading? 08:00 What is Time and Sales and reading the tape? 11:02 How can we use and profit from level 2 information? 12:18 Conclusion about level 2 and reading the tape value
How to buy and sell shares on the stock market #stockmarket #training
13:46

How to buy and sell shares on the stock market #stockmarket #training

What are the different ways in which you can buy and sell shares on the stock market? And when should you use which method? Because they all have advantages and disadvantages. By the end of this video, you will have learned how to buy stocks lower and sell higher, how to lock in profits and how to protect your portfolio from big losses. Whether you are or want to become a long term investor, a swing trader or a day trader, it’s important to understand how you can best instruct your broker to buy and sell shares for you. Maybe you have only recently created an account at a stock broker. You’ve opened their trading application on your computer or your mobile to buy a certain stock and now you are confronted with terms such as market order (MKT), limit order (LMT), stop order (STP), stop limit order (STP LMT) and so on… It can be overwhelming at first, but there is logic to it. So let me explain what these different ways of buying and selling stocks mean and how you can use them best. Suppose we buy stocks on the stock market just the way we do our groceries. In that case we use market orders to purchase our stocks. With a market order, we simply tell our broker the amount of shares we want to buy. What will happen next, is that our broker will buy those stocks at the price that is offered at that point in time. We will pay the price that the seller with the lowest price is asking for his shares. Note that it is possible that this price can be much higher than the price of the previous market transaction. In case of selling using a market order, our shares will be sold to the person that is willing to buy at the highest price at that point in time. Also here it is possible that the fill price is worse than the previous transaction that was passing by. Well, you might already notice that the advantage of market orders is, that we can be pretty sure that we will be able to buy or sell the amount of shares that we wish; in most of the cases even lightning fast. But, on the other hand we give up control over the price. Another order type can be used if we want to keep control over the price. This order type won’t buy or sell stocks at any price, but will limit the price we want to pay or receive. It’s called a limit order, and it can be used for both buying and selling shares. ... Stop and Limit both make an order wait for a certain price to be reached But Stop and Limit are very different in how they work. In case of a limit price, you want your order to be filled at the limit price or better . For a buy order, better means below the limit price. For a sell order, better means above the limit price. A stop price is in some way the opposite. It will wait to be executed until the price has moved in an unfavorable direction. It will buy higher than when you entered the order, and it will sell lower than when you entered the order. Then why do we use this? Because we want confirmation of a certain price trend. Besides being the opposite, they also function differently. A limit price remains enforced until the order is completely filled. So the fill price will be equal or better than the limit price. A stop price is only used to decide when to convert the order. Once the order is converted, the stop price has no meaning anymore. The fill price can still be above or below the stop price in any case. It might take some time to get the hang of them, but keep trying because they're very powerful. Let me end with 3 best practices. Best practices: - Protect your portfolio with stop loss orders. If you have invested in stocks, set a stop loss order on each position you have to protect yourself from price drops in a specific stock or from a crash on the stock market in general. Check the stop prices on your stop loss orders and update them periodically, for example on a monthly basis. This way you protect yourself from suffering big losses. - Use a limit order when buying and selling shares. By doing so you limit the worst price that you can get. Videos: - by Pressmaster from Pexels (https://www.pexels.com/photo/monitoring-board-of-buy-and-sell-of-shares-of-stocks-in-a-stock-exchange-3191576/) - by Jack Sparrow from Pexels (https://www.pexels.com/photo/food-man-couple-woman-4121685/) - by Carlos Prieto from Pexels (https://www.pexels.com/photo/old-woman-buying-variety-of-vegetables-2016731/) - by Carlos Prieto from Pexels (https://www.pexels.com/photo/people-buying-fruits-and-vegetables-in-the-market-2016738/) - by Jack Sparrow from Pexels (https://www.pexels.com/photo/people-buying-oranges-in-a-grocery-store-4121740/) - by cottonbro from Pexels (https://www.pexels.com/photo/4877881/) Music: Coffee by Young Muslim (https://freemusicarchive.org/music/Young_Muslim#contact-artist) 00:00 Intro 01:41 What is a market order? 02:17 What is a Limit Order? 06:03 What is a Stop Order? 09:19 What is a Stop Limit Order? 11:18 Stock Order recap 13:28 Outro
What is the VWAP?  How to make profit with the VWAP while trading?
05:46

What is the VWAP? How to make profit with the VWAP while trading?

Unlock the secrets of VWAP (Volume Weighted Average Price) and elevate your day trading strategy with our comprehensive guide. In this video, we dive deep into understanding what VWAP is, how it's calculated, and most importantly, how you can leverage it to identify optimal entry and exit points for profitable trades. **What is VWAP?** VWAP, or Volume Weighted Average Price, is the average price of a security over the course of a trading day, calculated based on both price and corresponding volume. Unlike simple moving averages, VWAP provides a dynamic perspective, offering traders insights into both average value and trend. **How is VWAP Calculated?** Learn the intricacies of VWAP calculation, where the sum of money used in every transaction is divided by the total shares traded during the day. This unique calculation method ensures that the average price reflects the volume at each price level, making it a powerful indicator for day traders. **Visualizing VWAP in Charts:** Explore real-world examples with charts of Tesla stock and Bitcoin, showcasing how VWAP is represented as a red line on various charting platforms. Understand how VWAP restarts every trading day, providing a fresh perspective for each new session. **Trading Strategies with VWAP:** Discover actionable trading strategies tailored for day traders and long-term investors alike. For day traders, learn when to enter or exit positions based on the stock's relation to the VWAP. Understand the significance of the VWAP acting as a resistance level and how it can impact your trading decisions. **VWAP for Long-Term Traders:** For long-term investors, gain insights into interpreting VWAP differently. Understand how VWAP can serve as an indicator of the value of your investment and whether you secured a favorable deal. **Conclusion:** Equip yourself with the knowledge needed to make informed trading decisions using VWAP. Whether you're a seasoned day trader or a long-term investor, understanding VWAP can be a game-changer in your financial journey. **Stay Informed, Stay Profitable:** Hit the like button if you found this video valuable, and subscribe to our channel for more insightful content on trading strategies, market analysis, and financial tips. Thank you for watching, and we look forward to seeing you soon in our next video. Happy trading! 📊🚀 #VWAP #DayTradingStrategies #MarketAnalysis #TradingTips #TrooperTrading #ProfitableTrading #FinancialEducation 00:00 Intro What is the VWAP 00:35 Definition & properties of the VWAP 01:33 Calculation of the VWAP 02:08 VWAP Examples 03:10 How to make money with the VWAP Useful links * Stock Scanner: https://watchlist.trooper.trading * Stock Alerts: https://telegram.trooper.trading * X Feed: https://twitter.com/trooper_trading * Website: https://www.trooper.trading/ * eToro Portfolio to copy: https://etoro.trooper.trading * IBKR Referral: https://ibkr.com/referral/jorisrobert951
Mastering Day Trading: 5 Essential Tips to Safeguard Your Capital and Avoid Significant Losses
05:39

Mastering Day Trading: 5 Essential Tips to Safeguard Your Capital and Avoid Significant Losses

🚀 Embark on your journey towards profitable day trading by joining our troops! Together, we'll navigate the dynamic world of day trading with confidence and strategic foresight. In the fast-paced realm of day trading, managing losses is as crucial as maximizing gains. When caught in a long position, it's easy to get fixated on potential profits and overlook the downside risks. However, being a successful day trader involves a keen awareness of market fluctuations and the ability to cut losses swiftly when necessary. 🔍 Here are five essential tips to shield yourself from significant losses: Introduction Welcome to our community! In this video, we'll unravel valuable insights to fortify your day trading strategy. Tip 1 - Don't Look at a Loss as Losing Shift your mindset. Instead of viewing a loss as a setback, see it as an opportunity to learn and adapt. This change in perspective can empower you to make informed decisions and avoid emotional trading. Tip 2 - Prepare Your Chart Preparation is key. Learn the art of chart analysis to anticipate potential price movements. Understanding chart patterns and market trends enhances your ability to make informed trading decisions. Tip 3 - Set a Stop Loss Establish a safety net for your trades. Setting a predefined stop-loss level helps you limit potential losses and ensures disciplined risk management, a cornerstone of successful day trading. Tip 4 - Start with Half Share Size Dip your toes before diving in. Beginning with a smaller share size allows you to test the waters without exposing yourself to excessive risk. It's a prudent approach to safeguard your capital. Tip 5 - Move Your Stop Loss Upwards As your trade progresses positively, adjust your stop loss upward to secure profits and mitigate the risk of significant losses. This proactive measure aligns with a dynamic market environment. Conclusion Recap the essential tips and gear up for more successful day trading sessions. Together, let's navigate the markets with confidence and resilience. Explore in-depth insights and additional resources in our article: Avoid Big Losses While Day Trading with These Five Simple Tips. Dive into the world of strategic day trading and stay tuned for more expert tips and guidance. Happy trading! 📈💼 #DayTrading #TradingTips #ProfitableTrading #TrooperTrading #RiskManagement #StockMarketInsights Timings: 0:00 Introduction 0:54 Tip 1 - Don't look at a loss as loosing 1:36 Tip 2 - Prepare your chart 2:08 Tip 3 - Set a stop loss 3:09 Tip 4 - Start with half share size 3:59 Tip 5 - Move your stop loss upwards 4:49 Conclusion Check out the article here: https://www.trooper.trading/post/avoid-big-losses-while-day-trading-with-these-five-simple-tips Useful links * Stock Scanner web dashboard: https://watchlist.trooper.trading * Stock Alerts Telegram: http://telegram.trooper.trading * X Feed: https://twitter.com/trooper_trading * Website: https://www.trooper.trading/ * eToro Portfolio to copy: http://etoro.trooper.trading * IBKR Referral: https://ibkr.com/referral/jorisrobert951
Demystifying Short Selling: Understanding Short Positions in Day Trading
03:35

Demystifying Short Selling: Understanding Short Positions in Day Trading

Welcome to today's video, where we unravel the concept of short selling and clarify what it means to have a short position in the world of day trading. This topic can be perplexing for beginners, so let's break it down. 📉 What is Short Selling? Shorting, or having a short position, is the antithesis of having a long position. While a long position involves buying a security with the expectation of its value rising, shorting occurs when a trader believes a stock or ETF will drop in value. 🔄 The Mechanics of Short Selling: Discover the mechanics of short selling, including how traders borrow securities from brokers, sell them at a higher price, and buy them back when the price drops. Learn how, in an ideal scenario, this process can result in a profitable trade. 💡 Risks of Short Selling: Understand the risks associated with short selling, where potential losses are unlimited. Explore two examples comparing the risks of a long position versus a short position, emphasizing the need for caution in shorting. 🚨 Cautionary Note: Short selling may seem like a quick way to profit, but it comes with significant risks. Unlike a long position with a defined risk, shorting exposes traders to unlimited potential losses. Learn why it's crucial to be cautious and strategic when considering short positions. 🔍 Broker Requirements and Fees: Explore the prerequisites for short selling, including the need for a margin account and the associated fees charged by brokers for this service. 📚 Further Education: If you want to delve deeper into the world of short selling and risk management, check out our comprehensive article: Mastering Short Selling: Risks, Rewards, and Strategies. 👍 Enjoyed the Video? If you found this video informative, give it a thumbs up! Don't forget to subscribe for more valuable insights into day trading strategies, market dynamics, and financial education. Thanks for watching, and happy trading! 📈💼 #ShortSelling #DayTradingEducation #RiskManagement #TradingStrategies #DayTradingTips #FinancialEducation #ShortPositionExplained Useful links * Stock Scanner web dashboard: https://watchlist.trooper.trading * Stock Alerts Telegram: http://telegram.trooper.trading * X Feed: https://twitter.com/trooper_trading * Website: https://www.trooper.trading/ * eToro Portfolio to copy: http://etoro.trooper.trading * IBKR Referral: https://ibkr.com/referral/jorisrobert951
What is a Short Squeeze? The Mystery explained with GameStop and More!
03:11

What is a Short Squeeze? The Mystery explained with GameStop and More!

Welcome to our latest video, where we demystify the intriguing concept of a short squeeze. Whether you've heard about GameStop's dramatic short squeeze in 2021 or are just curious about the phenomenon in general, this video has got you covered! 🚀 Understanding Short Squeezes: Get ready for a deep dive into the world of short squeezes. If you've ever wondered why and how stock prices skyrocket, especially when heavily shorted, this video breaks it down into simple terms. 📉 The Basics of Shorting: Discover the fundamentals of shorting, where traders sell borrowed stocks with the expectation that the stock's price will decrease. Uncover the dynamics that come into play when short sellers find themselves in unexpected situations. 💥 Triggering a Short Squeeze: Explore the scenario where a heavily shorted stock sees an unexpected surge in price, causing short sellers to scramble to close their positions. Learn the mechanics behind closing a short position and the subsequent impact on the stock's price. 📈 Rare Nature of Short Squeezes: Understand why short squeezes are relatively rare occurrences. Delve into the two key conditions that must align for a short squeeze to occur—intense shorting activity and a catalyst, such as positive news, driving the stock price higher. 🔍 Real-Life Examples and GameStop's Short Squeeze: Unpack real-life examples, including the infamous GameStop short squeeze of 2021, to see how these events unfold in the market. 👍 Conclusion: As you venture into the world of short squeezes, keep in mind the rarity of these events and the unique circumstances that lead to their occurrence. Best of luck in your trading endeavors, and always prioritize safe and informed trading practices! 📚 Further Exploration: For more in-depth insights into short squeezes and other trading strategies, check out our comprehensive article: Mastering Short Squeezes: Strategies and Risks. 👉 Enjoyed the Video? If you found this video informative, give it a thumbs up! Subscribe for more engaging content on trading strategies, market dynamics, and financial education. Thanks for watching, and happy trading! 📊💼 #ShortSqueeze #GameStop2021 #TradingExplained #MarketDynamics #FinancialEducation #StockMarketAnalysis #ShortSqueezeExplained Useful links * Stock Scanner web dashboard: https://watchlist.trooper.trading * Stock Alerts Telegram: http://telegram.trooper.trading * X Feed: https://twitter.com/trooper_trading * Website: https://www.trooper.trading/ * eToro Portfolio to copy: http://etoro.trooper.trading * IBKR Referral: https://ibkr.com/referral/jorisrobert951
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