“X marks the spot” might be true for treasure maps, but on stock charts, the W is the letter some traders look for. W pattern trading is a common strategy employed by swing traders looking for trend ...

Wolfe wave, a pattern in financial charts, guides traders to predict price changes. It uses symmetrical "waves" to mark potential breakout points for profits. Trader action focuses on entering at wave ...

Pattern day traders must maintain $25,000 equity to trade due to high risk. Exceeding day trade limits triggers margin calls, restricting further trading. Once labeled a pattern day trader, the status ...