What Is a Drawdown in Trading and How to Stop Making It Worse
A drawdown is the peak-to-trough decline in your account. Most traders make it worse by changing how they trade. Here's what recovery actually looks like.
A drawdown is the peak-to-trough decline in your account. Most traders make it worse by changing how they trade. Here's what recovery actually looks like.
Paper trading teaches mechanics. Live trading teaches psychology. Here's what each is good for — and when to make the switch.
The Pattern Day Trader rule is abolished as of June 4th, 2026. Here's what changes, who it affects, and what to do now that the $25k barrier is gone.
Learn essential risk management strategies for day trading. Discover scalping, momentum trading, and position sizing techniques to maximize gains while protecting capital.
A stock's share structure can have a big impact on how a stock trades. Learn how you can analyze share structures and use this analysis to improve your trading.
Use market internal indicators to gauge overall market strength as a day trader. Covers volume spread, advance/decline data, and other key NYSE and NASDAQ internals.
Learn how the RSI indicator works for stock trading. Understand overbought and oversold signals, RSI calculation, divergences, and how to scan with RSI in Scanz.
Learn how to set personal trading alerts for price, volume, and news triggers to save time, catch more opportunities, and trade more efficiently every day.
Learn fundamental analysis basics, including value and growth investing and key financial metrics, to better evaluate stocks as a trader or investor.
Learn what extended hours trading is, why it exists, and the key risks and opportunities of trading pre-market and after-hours sessions as a day trader.
Discover 16 practical tips to become a more efficient day trader, from scanning the night before to managing watch lists and optimizing your daily routine.
Learn how keeping a trading journal helps you track performance, identify patterns in your behavior, and continuously improve as a day trader over time.