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Showing posts from December, 2024

Best Prop Trading Firms for Aspiring Traders

If you are a trader aspiring to enter the realm of "proprietary trading", selecting the right firm is crucial. With numerous prop trading firms available, it is essential to identify those that offer the best support, resources, and culture. This article explores some of the leading prop trading firms, highlighting top industry players such as Jane Street, Optiver, and Susquehanna International Group (SIG). Top Prop Trading Firms for Aspiring Traders This article explores some of the best proprietary trading firms and highlights the importance of understanding the range of prop trading firms for new traders.   Proprietary trading offers valuable opportunities for trader development, allowing individuals to utilize trading capital and develop their trading strategies. Prop trading firms provide essential resources such as trading education, mentorship, and access to trading platforms, which help traders navigate market volatility more effectively. Each prop trading firm has it...

Strategic Ways to Scalp Options on QQQ

 ðŸ‘€ Big risk = Big reward. This quick guide is helpful to reference back too, so save it. Scalping 0dte options on the QQQ ETF ( Invesco QQQ Trust ) involves taking advantage of small, short-term price movements in options contracts. It’s a high-risk strategy that requires precision, quick decision-making, and a solid understanding of the market. Here are some of the best practices and strategies for scalping options on QQQ: 1. Choose the Right Options Liquidity: Focus on options with high open interest and volume to ensure tight bid-ask spreads and easy entry/exit. Short Expiration Dates: Use weekly options (closer to expiration) for higher gamma and quicker price movements. At-the-Money (ATM) Options: ATM options provide a good balance of price sensitivity (delta) and affordability. 2. Timing and Market Conditions Focus on Volatility: Trade during high volatility periods, such as at market open (9:30–11:00 AM EST) or around economic data releases. Avoid Flat Markets: Scalpi...

The Impact of AI on Business Best Practices

Artificial Intelligence (AI) has revolutionized the way businesses operate in the modern world. It has transformed traditional business models and practices, paving the way for more efficient, data-driven strategies that enhance decision-making processes and drive growth.   This is important and pertains to stock trading as AI bots make thousands of trades on the live market all day long and in some cases 24 hours a day. Artificial Intelligence has become big business in every aspect of our lives, "hey Siri", yeah, that's AI too. So this is relevant info on understanding how it works and why it's so effective. Enhanced Data Analysis One of the key ways AI has changed best practices in business is through enhanced data analysis. AI-powered tools can process and analyze vast amounts of data at an incredible speed, providing valuable insights that would be impossible to uncover manually. Businesses can now leverage this data to improve forecasting, identify trends, and ...

Spy Keeps Climbing

   As the SPY keeps going up it's important to keep your eyes on the technical as that is what really tells the story, not the talking heads on TV.  Here is an article on buying a call option that is very in depth and not for the novice trader.  Here's a brief summary Trading an option can be done in many ways, the easiest way imho is to put the option strike in a chart and follow along with the corresponding stock, soon you will understand the flow of that chart as theta decay starts to creep up the closer it gets to expiration.