What is the Tick Size Pilot Program?

On October 3, 2016 small cap traders will see some big changes coming to the bid and ask prices of certain stocks. The new SEC tick size pilot test will begin in October, and selected small cap stocks will begin trading in five-cent increments instead of one-cent increments for the next two years. If this is the first you’re hearing of the tick size pilot, here are five things you need to know. 1. MOST STOCKS WILL NOT BE IMPACTED. The average investor will likely not see any changes to his or her portfolio or trading. The pilot test consists of 1,400 stocks divided into three test groups and one control group. The 200-stock control group will continue trading as normal. All of the stocks inc

Day Trade For A Living Webinar

Here is a prior webinar delivering the mission of MOJO Day Trading to the world. Please enjoy the webinar below 😀 HOW TO BECOME A PROTRADER MOJO Day Trading provides the education and tools necessary for anyone to trade the stock market and potentially replace or exceed prior income, providing a lifetime of financial security. 🤑 Meet ProTrader Alan Meet ProTrader Lobster

Repetition is the Key to Mastery

Each New Session of MOJO University averages 10 new traders and 20+ returning ProTraders. Why do ProTraders take the course repetitive so many times in a row? If your thinking about that ... it makes sense ... The last Live Class of MOJO University was held in January 2017. The ProTraders that graduated are eager to take it for the second time and the seasoned ProTraders are ready to return for their third, fourth and fifth retakes. Please take a moment and read some of the testimonials I received from the 10 students last class and their Day Trading Business Motto's ... (that's homework assignment #1 ... get yourself a MOTTO) The next class of MOJO University is this upcoming Tuesday Night

St.Patrick's Day Special Offer

This weekend only 4 hours left .... 30% off MOJO University Live Course ... limited to ONLY FIVE (5) more traders for the next class ... starts this upcoming Tuesday Night 8pm. For more information click the St. Patrick's Banner Here ... Feeling Lucky? The stock market has been very crazy scary as of late. Gold stocks are up and 10% to 20% on a daily basis as the Dow flies to over 21,000 from 19,000 in less than 60 days. ​​ This WORLD is one big pressure pot, ready to pop and whistle at any time. The anticipation is killer. The terrorist threats, oil, interest rates, hundreds of companies are going to face bankruptcy. The market just came from 19,000 back to 21,200 and now ready to retest

Market Makers & ECNs

When you get involved in the day trading industry, you hear the term ‘market makers’ thrown around a lot… But what does it really mean? Who are the market makers? Why do they matter to MOJO Day Traders? A ‘market maker’ is a broker-dealer firm that accepts the risk of holding a certain number of shares of a particular security in order to facilitate trading in that security. There are over 500 market makers and each competes for customer order flow by displaying buy and sell quotations for a guaranteed number of shares. Once an order is received, the market maker immediately sells from its own inventory or seeks an offsetting order. This process takes place in mere seconds, which is why

The Perks of Being Your Own Boss

Meet ProTrader Joe - I remember in 2012 I had just graduated from college and had my first “real” job. I was doing low level customer service and data entry for a prominent financial institution. It was mind numbing, low paying and thankless work. What sticks out to me most about this whole experience was how little freedom I truly had. If I was 5 minutes late due to heavy Philadelphia traffic, I would be reprimanded. If I needed to leave 15 minutes early to make a doctor’s appointment, I needed to seek written approval from my supervisor. Worst of all, the company showed my personal life absolutely no respect. I was made to work on Christmas Eve, the day after Christmas, and New Year

Featured Posts
Recent Posts
Search By Tags
Follow Us
  • Twitter Basic Square
  • Facebook Basic Square

Stay Connected

Copyright © MOJO Day Trading, LLC. 2012-2020.   All Rights Reserved.