Source: thinkorswim platform Here's where we bring in the stochastic oscillator. Basically, this is a momentum indicator that compares a stock's current price to its highs and lows over a given period. Values can range from 0 to 100, with a reading higher than 80 indicating that the stoc...
Check futures: Markets never really stop trading. Futures on major U.S. stock indexes, individual stocks, and commodities and currencies trade most of the night. When you get up in the morning, one of the first things you may want to do is log in to thinkorswim to figure out where the...
Focus on trading patterns that offer trades with a reward to risk ratio of greater than 2:1, based on the target and stop loss. In the example, the target is 4 points above the entry price, while the stop loss is 3.25 away from the entry price (if placed at $2,063, just below ...
After the backtest runs, it provides a comprehensive set of metrics including Profit Factor, Average Gain/Loss, the necessary Buying Power, Win Rate, and even a Projected Annual Return. The overarching aim is to give a snapshot of how much potential profit or loss the strategy would’ve acc...
Dividend stocks deliver regular payments to investors and can be an essential part of portfolios. Learn how to assess dividend stocks and understand reasons to choose or avoid certain ones.