DTTW™ Staff

No one in day trading can achieve good results (or become rich) without understanding the importance of Risk Management. This is one of the most important things that traders and investors should always focus on! It refers to a situation where people reduce their risks while maximizing their returns. The global financial environment has achieved … Read more

Psychology is an important part of the financial market. One way in which psychology is shown is through different types of biases that traders go through on a regular basis. Examples of these biases are: among others.  This article will look at the important concept known as gambler’s fallacy, which most traders and investors go … Read more

Prop Trading has become one of the fastest areas in the financial industry. Today, while the number of retail traders has jumped, many people are turning to prop trading to complement their income. They see it as a better option to make money in the financial market than simply running a retail trading account.  This … Read more

Day traders use several approaches to find buying and selling opportunities. Some of the most popular ones are arbitrage, scalping, momentum or trend-following, and news trading.  While these strategies are different, a key similarity is that they all focus on identifying support and resistance (S&R) levels. In this article, we will look at some of … Read more

There are two main types of trading accounts you can have as a day trader or investor: cash and margin account. A cash account, also known as a brokerage account, lets you trade with the only money you have deposited.  A margin account, on the other hand, is one where you use borrowed money to … Read more