Day Trading

Welcome to mysmp.com. Mysmp, or My Stock Market Power, was created to enhance your trading acumen and provide a financial educational resource. We started mysmp to provide education on day trading & technical analysis but have now recently expanded our breadth to include articles on stock trading, bonds, options, futures, forex, and even fundamental analysis.

The mysmp stock trading center contains dozens of articles providing you with definitions of basic investing terminology and an overview of online trading. In addition, be sure to review our stock trading strategies to get you started down the right path. Once you become comfortable with the general concepts within the stock market, you can move on to our technical analysis area and dive into the basics of price and volume analysis using candlestick charts and other time tested chart patterns & technical indicators.

In our day trading education center, you will learn cutting edge day trading strategies which are used by many of the professional traders to take advantage of the early morning volatility. Additionally, you will find articles discussing how to properly use many of the available tools out there, such as the time & sales window or level 2 quotes. You won’t find a better day trading resource on the web, and best of all, it’s Free!

Interested in Options? Our options trading education center will enable you to learn about the fundamentals of options. Learn about call options, put options, and many of the other basic components that play a part in the pricing of an option. The leverage that options provide makes them an attractive security when you are considering hedging risk or even speculating on future price movements. It is important to understand that the improper use of options can generate substantial losses. Be sure to visit our options trading strategies section where you can learn about all of the different strategies professionals use for different market conditions. It is important that you study the profit/loss charts that we provide to understand if it aligns within your risk profile.

Do you want to learn how to analyze a company’s financial statements? In the fundamental analysis center, you will find information on how to read the balance sheet, cash flow statement, and income statement. We also review many of the standard financial ratios which are used by analysts to determine the health of a company.

Looking for information on bonds, futures, personal finance or forex? We have that too. If you are looking for something that you cannot find, please send us am email at: admin@mysmp.com