Trading Basics Members

Making a Trade 4—Selling at the Target Price

As we discussed in the last post, we’ve now got a stop order placed that protects us to the downside. Now, some brokers allow an OCO order—One Cancels Other—but some don’t. If your broker does … read more Making a Trade 4—Selling at the Target Price

Making a Trade 3—How to Place a Sell Stop Order

In our last post we purchased BAC at $22.81. Now that we own those shares we need to manage our risk by placing a sell stop order. A sell stop order is an order to … read more Making a Trade 3—How to Place a Sell Stop Order

Making a Trade 2—How to Place a Trade

After receiving your Trade Alert the next step is actually placing the trade. We use Tastyworks as our brokerage, but the mechanics of making the trade will be very similar for all brokerages. Our trade alert … read more Making a Trade 2—How to Place a Trade

Making a Trade 1—Trade Alert

Trade Alert When we make a trade at Wanderer Financial we immediately begin the process of alerting subscribers. Within one minute you will receive an alert via WhatsApp, and within two to four minutes will … read more Making a Trade 1—Trade Alert

The private traders edge
The Private Trader’s Edge

Can you really make money in the stock market?  After all, don’t the professional traders have the edge? Well, yeah, they have a lot of advantages you or I don’t have, but we, as private … read more The Private Trader’s Edge