So you want to get into shorting stocks, huh? You’ve come to the right place. This post will give you a crash course on the basics of shorting stocks, and short locates: what they are, how to get them, and why they’re essential. Let’s get started! What is a Short Locate? A short locate […]
If you’re reading this, you’ve heard the term “bear market.” But what exactly is a bear market? In short, a bear market is a prolonged period of decline in the stock market. A bear market is typically defined as a drop of 20% or more from its 52-week high. Another level that traders and investors watch […]
When you’re day trading, you need to be able to make quick decisions based on a variety of data points. This can be a challenge, which is why traders rely on indicators to help them make sense of the market. But with so many indicators to choose from, it can be hard to know which […]
A stop loss order, or “hard stop” as we call it here at MIC, is placed with a broker to buy or sell a security when it reaches a specific price. Stop loss orders are designed to limit investors’ losses on security positions. For example, let’s say you own stock in Company XYZ, which you […]
You want to make some extra cash day trading. Great! But before you get started, there’s one crucial decision you have to make: which brokerage firm should you use? Not all brokerages are created equal, and picking the wrong one can cost you dearly—in commissions, fees, and lost opportunities. So how do you know which […]
Day trading is a strategy in which a trader buys and sells stocks daily to make small profits that add up over time. You need access to a good day trading platform to succeed at day trading. This blog post will go over some of the best day trading platforms of 2022. 1. Thinkorswim […]
