TradeSmart University

Mastering Candlesticks: One Black Crow

What is it?The One Black Crow candlestick pattern is made up of two candlesticks and starts with a long bullish white candle. It is followed by a long black candle which opens and closes lower than the previous white candle’s open and close. Remember, both candles in this pattern should be long candlesticks.Where is it?The […]

Supercharge Your Trades Selling Options

Some people believe options should be traded, and some believe they should not. Option traders are convinced options provide the best opportunity to make a large profit quickly, and for the most part, those who stay away from trading options tend to think of options as too risky. Even in the realm of options traders, […]

Foundations of Trading: A Trader’s Journey [Part 2]

Welcome to part two of our blog series: A Trader’s Journey. We are covering the first tier of the Foundations of Trading class program in this series. In our first blog, which you can review here, we took the first step of your trading journey, explained the differences between traders and investors, and introduced you […]

Foundations of Trading: A Trader’s Journey [Part 1]

Every journey begins with that very first step out your door that puts you on the path to your destination. Even though learning to trade the stock market doesn’t require you to travel hundreds or thousands of miles, it still takes those first steps to get you moving forward to your end goal of consistently […]

Cash Flow Trader Blog: Three Ways a Trading Plan Can Improve Your Trading

A trading plan is your compass as they help you navigate the world of candlestick charts and provide guidance on any potential trade. They are an essential topic around Tradesmart, and we strongly recommend all traders use one. And to back up that recommendation, here are three ways in which we believe a trading plan […]

Mastering Candlesticks: Spinning Top

What is it?The Spinning Top candlestick is a clear sign of indecision in the marketplace. This is demonstrated by the candle’s small body which reflects the opening and the closing price of the stock were close in value. However, the short body of the candle gives way to long upper and lower wicks or shadows […]

How to Analyze a Stock in 10 Minutes or Less

Around the world of would-be stock traders, one central question seems to be common:Which stock is about to go up?When I meet someone, this is their first question, after they find out what I do. However, I always meet their question with the same response: “You’re asking the wrong question!”It is understandable why so many […]

Why Did My Stock Go Up and My Call Option Go Down?

Have you ever bought an option, watched the stock move in your direction, up for a call option and down for a put option, and then noticed your option went down in price? You wonder to yourself how this could be. While no one likes to feel confused about their account balance, there are a […]

Mastering Candlesticks: Hammer Candle

What is it?The Hammer candlestick is a subset of the Spinning Top candlestick, which we covered here. A Hammer candlestick’s body can be either black (red) or white (green) in color and is usually small in stature. The small candlestick body signifies the stock’s opening price, and the closing price of the stock was close […]

The Good, the Bad, and the Ugly Truth about Options

Most traders have heard stories of how someone used stock options to make 300% or more in a concise amount of time. These stories are common among option traders. However, just as common are the stories about people who bought a stock option and lost everything. The end result is a divided set of opinions […]