What’s the Wash Sale Rule in Day Trading?

wash sale rule represented with a chart and a scale

Like all businesses, traders and investors are always trying to pay as little tax as possible, according to the law. A popular approach to doing this is known as tax-loss harvesting, which is the process of selling underperforming assets with the goal of offsetting capital gains taxes. The Wash Sale Rule (WSR) is a measure … Read more

Donchian Channel Strategy: Identify Breakouts and Reversals!

Technical analysis is the most important method that Wall Street and other professional traders use to gauge the movement of financial assets. It is the same model that has helped create the biggest algorithmic trading companies like Renaissance Technologies, the hedge fund ran by Jim Simmons! In the past few weeks, we have continued our emphasis … Read more

Parabolic SAR Indicator: What is It How to Use in Stocks

Parabolic Sar indicator

Trend indicators are among the most important indicators in the financial markets. You have likely heard about indicators like moving averages, the average directional movement index, and standard deviation. These are very popular, especially if you watch financial media regularly. The Parabolic SAR is another trend indicator that is very popular also. It is also … Read more