Tim Thomas

The opening range breakout (ORB) is a well-established trading strategy for stock day traders. This post details observations while trading the ORB on short-term time frames such as 1-minute, 5-minute, and 15-minute price charts. The Opening Range After the opening bell, stock trading usually sees some of the most significant price swings of the day. It's not unusual for the … [Read more...] about Opening Range Breakout Strategy for Beginners

When Dogecoin (DOGE) first came onto the scene, most people saw it as a joke, including its founder. Then suddenly, even Elon Musk was backing the coin, and its value soared. Now though, the price has dropped, and some are wondering if Dogecoin is just a joke after all. You might be asking yourself: Should I invest in Dogecoin, or have I already missed the boat? Like any … [Read more...] about Dogecoin: Is it Too Late to Invest?

Robinhood is one of the most popular online brokers for a reason — it’s user-friendly, has zero fees, and you can use it on your mobile app, making it a viable alternative to the traditional trading platform offered by your broker. But since it launched in 2013, many worthy competitors have burst onto the scene. It only makes sense to consider whether it’s the best choice for … [Read more...] about 9 Robinhood Alternatives: The Best Stock and Crypto Trading Apps

Futures trading isn't something you wake up one day and decide to have a stab at while you sip your coffee and watch a few YouTube tutorials. It's serious stuff, and there's plenty that can go wrong. You could easily stumble at the first hurdle by choosing the wrong futures broker. Fortunately, help is at hand — here's a breakdown of our top futures broker picks, along with … [Read more...] about The Best Futures Brokers 2021 — and How to Choose Between Them

Ready to take your cryptocurrency investing to the next level and take advantage of the constant price movements? Crypto arbitrage will probably seem like an attractive prospect — who doesn’t like the idea of buying crypto in one place and selling it for a profit somewhere else? When done successfully, crypto arbitrage can literally mean making money out of thin air. But … [Read more...] about Crypto Arbitrage: Everything You Need to Know to Profit

Don’t fall into the trap of thinking that investing is reserved for the already rich. Although having more money to play with makes investment simpler and less risky, anyone with a healthy savings account and enough income to set aside a few dollars each month can afford to invest. So don’t ask yourself whether you should get involved — try to figure out the best ways to … [Read more...] about Best Ways to Invest Money in 2021

The stock market can seem like a game of chance sometimes — you might wake up one day to find that your investments have grown by 5% overnight, then six months down the line, there was an unexpected crash, and you’ve lost all your gains (and then some) But what if I told you that this so-called “randomness” is actually a well-studied lifecycle that we can predict and account … [Read more...] about Bull Market vs. Bear Market? What You Need to Know

They say that what comes up must go down, but an equally true and less discussed phenomenon is that what goes down must come up. At least, sometimes. The idea of a "dead cat bounce" might sound somewhat alarming, but as long as you hear it mentioned within the context of trading, it refers to a particular phenomenon in the stock market The phrase comes from the idea that … [Read more...] about Dead Cat Bounce: A Complete Guide

The dirty secret of investing is that the traditional buy and hold portfolio is dead. Well, I’m exaggerating a little, but make no mistake, increased stock market volatility is forcing change. By including an element of swing trading in their portfolio, investors can evolve their approach to match the new investing world. This evolution can both mitigate increased volatility … [Read more...] about How Swing Trading Can Propel Your Wealth Creation