The ask, also known as the offer price, is the price a seller is prepared to take for a security. The quantity of the security that may be offered at the given price is also indicated in the ask quote along with the price. The ask will always be higher than the bid since the bid is the price a buyer is willing to pay for a security. Meaning of Ask When trading and investing, stocks, bonds , foreign currency, or derivatives, hearing the terms "bid" and "ask" is extremely common. For instance, if a buyer offered to sell 100 shares for $15.70 each, that would be a "ask" in the stock market. It is common knowledge that the ask is always greater than the bid, and that the spread between the two equals the difference between the two prices. A bigger spread makes it tougher to profit because the security is continually bought high and sold low. Investments Grow In the past stock prices were previously quoted to the nearest sixteenth. In 2001, that changed and i

Restaurants are trending. Today we take a look at two restaurant stocks we discussed in the Trading Room: Chipotle Mexican Grill (reported earnings) and Wingstop Inc. Watch the  video  to get the insight and what to expect moving forward. Good Trading! Trading Risk Disclaimer All the information shared is provided for educational purposes only. Any trades placed upon reliance of SharperTrades, LLC are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward trading stocks, cryptos, commodities, options, forex and other trading securities, there is also substantial risk of loss. All trading operations involve high risks of losing your entire investment. You must therefore decide your own suitability to trade. Trading results can never be guaranteed. SharperTrades, LLC is not registered as an investment adviser with any federal or state regulatory agency. This is not an offer to buy or sell stocks, cryptos, forex, futures, o

The discretionary sector is a term used to describe a group of companies that provide goods and services that are considered non-essential or discretionary.  The discretionary sector is made up of companies that produce goods and services that people can live without, but often choose to purchase anyway.  Industries in the discretionary sector include retail stores, restaurants, hotels, and entertainment companies, as well as automotive, household durables, media, diversified consumer services, textile, apparel, and luxury goods. The discretionary sector is often referred to as the consumer discretionary sector because it is driven by consumer spending. When the economy is strong and people have more disposable income, they are more likely to spend money on non-essential goods and services. On the other hand, when the economy is weak and people have less disposable income, they are more likely to cut back on non-essential spending. Key Factors One of the most important factors that aff

Financial contracts known as call options grant the option buyer the right, but not the duty, to purchase a stock,  bond , commodity, or other asset or instrument at a particular price within a predetermined window of time. The underlying asset is a stock, bond, or product. When the value of the underlying asset rises, the call buyer makes money. A put option, as contrast to a call option, allows the holder to sell the underlying asset at a predetermined price on or before the expiration date. Understanding Call Options A call option is a financial contract that gives its holder the right, but not the obligation, to buy an underlying asset at a predetermined price within a specified time period. Call options are widely used in financial markets as a tool for hedging and speculation. When you purchase a call option, you are essentially buying the right to purchase an underlying asset, such as a stock or a commodity, at a certain price, called the strike price. This right is valid for a

Hi Traders,  The market has been extremely calm recently and volatility is getting crushed. And since it is also going into Earnings season, the choices for trading vehicles is very limited. So let's jump into the most volatile index ETF right now, which is QQQ, and make ourselves a trade! :) Watch  the video  to get the details Kal Trading Risk Disclaimer   All the information shared in this video is provided for educational purposes only. Any trades placed upon reliance of SharperTrades.com are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward trading stocks, commodities, options and forex, there is also substantial risk of loss. All trading operations involve high risks of losing your entire investment. You must therefore decide your own suitability to trade. Trading results can never be guaranteed. This is not an offer to buy or sell stocks, forex, futures, options, commodity interests or any other trading

Here is a day trading strategy worth using. Today we cover a day trade from our focus list: PRST. We rode almost the entirety of the trade from the moment it broke out ($2.80), to the moment it hit the high of the day ($5.20). Watch the  video  to get the insight and what to expect moving forward. Good Trading! Trading Risk Disclaimer All the information shared is provided for educational purposes only. Any trades placed upon reliance of SharperTrades, LLC are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward trading stocks, cryptos, commodities, options, forex and other trading securities, there is also substantial risk of loss. All trading operations involve high risks of losing your entire investment. You must therefore decide your own suitability to trade. Trading results can never be guaranteed. SharperTrades, LLC is not registered as an investment adviser with any federal or state regulatory agency. This is n

Its our reptile brain, your base self, that's really in charge when you are trading.  The reptile brain is responsible for our most basic instincts and behaviors. For example, when your startled, you feel a reaction; you feel a sense of heat in your body,  a vibration in your lower back, or your stomach trembles- that is your reptile mind preparing you for fight-or-flight responses, and for survival. Will you fight-or will you run? Your reptile (subconscious) mind has only one function, which is to protect you, and it does this whether you want it to or not.   This is important to understand in order to be a successful trader.    You need to be very good at losing! In the world of trading, we do not need to have a win rate of 99.99%, as say, a surgeon would need.  A trader's win rate can be 50% .. There is the feeling of pain, happiness, and pain many times a day.  The constant conflict with your subconscious protection system built-in.  Neurology has shown we experience a fina

Bitcoin hit 30,000! Today we take a look at two crypto-related stocks that have been rising on the Bitcoin momentum. Watch this video  to get the technicals. Good trading!  Trading Risk Disclaimer All the information shared in this video is provided for educational purposes only. Any trades placed upon reliance of SharperTrades.com are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward trading stocks, commodities, options and forex, there is also substantial risk of loss. All trading operations involve high risks of losing your entire investment. You must therefore decide your own suitability to trade. Trading results can never be guaranteed. This is not an offer to buy or sell stocks, forex, futures, options, commodity interests or any other trading security.

If you're an active stock trader, then you're likely familiar with technical analysis and the use of various indicators to guide your decision-making.  One such indicator that has gained popularity in recent years is the Simple Moving Average (SMA) . Specifically, the 50, 20, and 200 SMA are often referenced in technical analysis, and for good reason. In this blog post, we'll discuss why these moving averages are important and how they can be used to inform your trades. First, let's start with the basics. A Simple Moving Average is calculated by taking the average price of a security over a specified period of time. The period can be any length, but the most common periods used in technical analysis are the 50, 20, and 200-day SMAs. The longer the period, the smoother the moving average line will be, and the less sensitive it will be to short-term price fluctuations. Now, let's dive into why these specific moving averages are important. The 50-day SMA is considered

Today we take a look at a penny stock we traded earlier in the Trading Room Penny stocks generally suck. Not this one. It was an awesome day trade: super cheap and super profitable! Watch this video  to see how we traded it. Good trading!  Trading Risk Disclaimer All the information shared in this video is provided for educational purposes only. Any trades placed upon reliance of SharperTrades.com are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward trading stocks, commodities, options and forex, there is also substantial risk of loss. All trading operations involve high risks of losing your entire investment. You must therefore decide your own suitability to trade. Trading results can never be guaranteed. This is not an offer to buy or sell stocks, forex, futures, options, commodity interests or any other trading security.

An offer to purchase an asset from a person or business is referred to as a bid. At auctions and on numerous markets, including the stock market, bids are frequently placed by buyers. Companies that compete for project contracts may also submit bids. When placing a bid, a buyer must specify both the amount they are willing to pay for the item and the amount they are willing to spend on it. 1 A market maker's willingness to purchase a security at a particular price is referred to as a bid. However, market makers are also required to display an ask price, unlike retail purchasers. Understanding Bids There wouldn't be any kind of market without buyers and sellers. The ability to buy and sell assets is facilitated by each participant. Entities that offer their assets for sale are known as sellers. Customers are people who are interested in making a purchase. The stock market, actions, stores and any other type of marketplaces are the common places where buyers and sellers can meet

Hi Traders,  The market has been on a tear the last couple weeks. I guess everything is good in the world again. What Bank crisis? Since the market volatility is waning, let's look around for a place where it is rising. Commodities! Unlike the normal market and most stocks, volatility tends to RISE in commodities when the prices increase. For the rest of the market, it's usually the opposite. Volatility rises when the stock price decreases. Oil has been on a tear recently and volatility is increasing, so into oil we go with USO, an oil ETF. Watch the video  to get the details Kal Trading Risk Disclaimer   All the information shared in this video is provided for educational purposes only. Any trades placed upon reliance of SharperTrades.com are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward trading stocks, commodities, options and forex, there is also substantial risk of loss. All trading operations

    Dark Pool (DP) trading is a powerful tool for traders looking to gain an edge for success in the stock market. What is Dark Pool? [Once called, "The Upstairs Room"] First, let's start with the basics.  Dark Pool trading is a type of trading that takes place away from the public exchanges. It allows large Institutions to buy and sell large blocks (typically 100K+) of stock without the Market knowing, and it allows them to take advantage of price movements without moving the stock's price roughly 5-10% in a span of a week! Dark Pools are private exchanges that allow Wall Street's 'Big Boys/Smart Money" to buy and sell large blocks {500K+}, a special pattern, of stock without the need to publicly disclose their trades until 3 hours later. This allows the Smart Money to take advantage of market inefficiencies and execute large trades without moving the market. Now that retail traders have access to being 'tipped off' to the buying an