Over the last five 5 years, NVDA has been one of the hottest stocks in the US stock market.
In this NVDA Stock prediction discussion, we will share the projections for NVDA stock price after the recent stock split.
As a bonus, you will discover a clever way to take advantage of NVDA stock price volatility using our 5-day stock forecast system.
NVDA Stock Projections | Price History
NVIDIA is an American Corporation based in Santa Clara California.
It was founded in 1993 and manufactures products for computer gaming, professional visualization, datacenter and automotive markets.
My first ever trade on NVDA was on May 16 2016.
I took some 45 Calls expiring May20.
This was right I read a piece on Marketbeat about the growth in data centers revenue, machine learning and how AI was going to transform the way we visualize displays.
NVidia beat Earnings by a wide margin that quarter and went on to be named stock of year in December of that year.
If you ever want to see a bullish momentum in a stock, find the replay of the last trading day for that year.
NVDA stock price closed exactly at $100 on that last trading session of 2016.
NVDA Stock Price | From $5 in July 2015 to $315 in November 2021 | 6200% Gain
I do not recall what trading room I was in but everyone was in awe of the performance that day and for its entire 2016 year for that matter.
After all, it is not every day one witness a stock go from $39 to $100 in just 6 months.
NVidia (Ticker: NVDA) Stock Price Analysis
NVDA stock has gone through a 4:1 split in 2021 so you may not fully grasp the exceptional growth this stock has experienced recently.
To help you in that regard, here is a summary table with the explosive gains at different timelines.
NVDA Stock Price Growth
Performance
2021 Year-To-Date
141%
1 Month
26%
6 Months
93%
3 Years
+ 687%
5 Years
+ 1238%
NVDA Stock Price Exceptional Growth
Some may say that some of this performance was aided by the recent outburst of Crypto.
Sure, that is correct but Nvidia competitors in the sphere of crypto mining did not all perform similarly.
Hence, a great deal of these formidable results is solely due to NVDA technology.
NVDA Shareholders
Who are the investors who have benefited from NVDA stock price appreciation?
Here is the view of NVDA stock main shareholders as it stands at the end of 2021.
NVDA Stock Main Shareholders
%NVDA Stock Owned
FreeFloat (Available for Trading)
74.5%
The Vanguard Group, Inc
7.7%
BlackRock, Inc
7.2%
FMR LLC
7%
Jen-Hsun Huang (CEO)
3.7%
May I bring your attention to two prominent institutions we in this qualcomm stock price forecast namely The Vanguard Group and Blackrock.
NVDA Stock Forecast | Analysts Ratings
NVDA stocks has 45 analysts who have provided ratings for it recently.
The overall consensus recommendation is a buy despite one sole underperform projection.
NVidia Stock Ratings
Below is the full summary of NVDA stock price forecast as analysts see it.
38 out of 45 analysts Are Bullish on NVDA Stock Price
11 out of the 45 analysts for NVDA stock have a very bullish rating with a strong buy.
60% or 27 of them have a Buy recommendation which leaves 15% on the fence with a hold or underperform.
The fact that the monthly chart of NVDA since 2015 is strictly a parabolic trajectory does not deter NVDA followers from seeing further upside in the stock.
NVDA Stock Price Target
NVDA stock target price range is extremely wide.
In fact, with a distance of 125% between the lowest price and the highest target price, one cannot not help to wonder where exactly the truth lies.
Highest Forecasted Price
$ 400.0
Average
$ 351.5
Lowest Forecasted Price
$ 177.5
Nvidia Stock Price Predictions has a 125% Range
At the current price of $315 which is very near the 52-week high of $346, I may just be prudent to before buying the mighty NVDA stock at these levels.
For further scrutiny, let’s take a look at the NVDA stock price positions cost distribution.
NVDA Stock Positions Cost Distribution
What does the NVDA postions cost distribution tell us ?
At first glance, the average price is at $331 or5% higher than the current price.
That is not bad in common circumstances but NVDA stock price has gained so much in just one year.
Positions cost Distribution for NVDA Stock
How about we consider taking advantage of shorter timeframes price forecast for NVDA stock ?
Short-Term NVDA Stock Price Forecast
NVDA is a very volatile stock albeit mostly on the upside over the recent years.
I have been able to use my “patented” short-term stocks forecast on NVDA to generate substantial profits with great constency.
5-Day NVDA Stock Price Predictions
In my 5-day NVDA stock price forecast, I know the probability that NVDA stock will go up or down over the short period.
Thus, I am able to leverage that knowledge through options trading to make money regularly.
On such a recent trade, traders in our Discord room were able to enjoy these explosive options gains in just 4 hours.
Up to 2800% Profit on NVDA Stock From 5-day stock Forecast
I use the forecasted move over ta 5-day period to come up with a strike price for NVDA stock options.
On November 4 2021, NVDA stock showcased a very bullish pattern over the course of 4 hours.
Here is the summary of this awesome trade:
7:18 AM PST – The market has been open for 48 mins. NVDA 270 Calls at 964%
9:06AM PST- Same NVDA Calls further moved up to 1700%
11:24AM PST – 5 hours into the session, NVDA Calls have reached 2394% Gain
11:52AM PST – 2842% is what the payout on this trade!
These types of Momentum trades are the very essence of my 10-baggers Trading System as depicted on the numerous videos on my YouTube channel.
NVDA is not the only stock I can trade from my short-term stock forecast system.
The likes of AMD, MU, WDC, or INTC stocks have done quite well over the years.
In fact, you can give me any stock of your liking to provide a weekly projection on so that you can take advantage of the short-term volatility with a sound options trading strategy.
The video below captures the performance of my stock forecast system and how you too can leverage it starting today.
Other Semiconductors Stocks Predictions
Here is a slideshow of recent successful stocks forecasts that have yielded very big gains for options traders in my Discord room.
FINAL THOUGHTS On NVDA Stock ANALYSIS
I shared how the NVDA stock price predictions remain very bullish despite massive growth over the last few years.
Should you decide to invest in NVDA stock but lack the high required capital, I offer my short-term stock forecast to help you leverage weekly volatility.
Like most banks in 2021, bank of America stock has been quite bullish in the past year.
What are the current bank of America stock predictions for the years to come?
Plus, find out how I use my short-term bac stock forecast to generate some high profits.
Bank of America Stock Predictions | Price History
Bank of America is one of the oldest financial institutions in the Unites States.
It provides banking services to 66 million retail and small businesses across 4300 centers.
Should you ask many investors about Bank of America stock, I am pretty sure the first thing you will learn is that this stock provide a steady consistent income.
Here is a table summary of Bank of America increasing dividend payout.
YEAR
Dividend per Share
2020
0.72 USD (2.38%)
2019
0.66 USD ( 1.87%)
2018
0.54 USD ( 2.19%)
2017
0.39USD ( 1.32%)
2016
0.25 USD ( 1.13%)
Bank of America 5-year Dividend Payout
Bank of America Stock Price Analysis
Between 2016 and2021, Bank of America stock price has gone from $11 to $45.
That is an impressive 300% return over this short period.
With the increase in Dividend provided earlier, shareholders of bank of America stocks donot have much to complaint about.
BAC Stock price gained 300% between 2016 and 2021
In fact, with such an enticing return on investment, many BAC investors may wonder what in store for Bank of America future forecast.
Bank of America Shareholders
Aside from small retail investors like you and me, BAC stock is held by the biggest institutions out there.
Granted, the free float still represents the Lionshare with 72.5 % of the stocks in circulation today.
However, if you are holding a stock MR Warren Buffet and Berkshire Hathaway Inc deem worthy of investing in, you ought to be feeling quite good about your decision.
Here is a quick summary of Bank of America main Shareholders as of end of 2021.
Institutions
%Bank Of America Shares Owned
Freefloat
72.5%
Warren Buffet / Berkshire Hathaway
12%
The Vanguard Group
7.1%
BlackRock, Inc
6%
Bank of America Corporation
2.4%
Bank of America Stock Main Shareholders as of January 2022
If you are not familiar with BlackRock, Inc on the above list of big institutions, you should check it out further because this is the single biggest holder of world fortune today!
BAC Stock Forecast | Analysts Ratings
Bank of America stock has 28 analysts who have provided ratings for this company recently.
Even though the overall rating is a buy, their opinions tend to differ a bit.
The overall recommendation of a Buy should not undermine the fact that some analysts of Bank of America stock are forecasting it as an under performer.
Even at 10% that number is certainly worth paying attention to.
Bank of America Stock Price Target
The forecasted price target of Bank of America stock has a range of 71%.
This is quite large from a low of $35 to a high of $60.
Highest Forecasted Price
$ 60.0
Average
$ 47.7
Lowest Forecasted Price
$ 35.0
Bank of America Stock Price Predictions has a 71% Range
With a current price of $45 which is very close to the 52-week high for BAC stock price, it may be quite risky to start building a heavy position on this stock.
Let’s take a further scrutiny to these BAC stock predictions through the lenses of the positions cost distribution.
Bank of America Stock Positions Cost Distribution
The volume distribution for Bank of America stock shows that the average price is just shy of $42.
This means that BAC stock is currently trading about 10% higher than its average volume price.
BAC Positions Cost Distribution
One could argue that after its most recent earnings, BAC stock traded above $48 for a short while.
However, the stock could not sustain that post Earnings rally and came back down below major moving averages mainly daily EMA8 and EMA20.
The recommendation for Bank of America stock price based on its current forecasts is to wait for the stock to re-test the average cost distribution price.
Short-Term Bank of America Stock Forecast
In the meantime, one can find a way to take advantage of shorter terms forecast.
Better known as volatility, you can generate decent profit by trading BAC options.
One major advantage is the low cost of BAC options.
A 3-4% move on the underlying BAC stock can easily yield profit of 300%-400%.
Big Profit Forecast on BAC Stock
Here a view of BAC options chain for this past week with Dec 3 expiration.
At the close of the Friday November 27 trading session, BAC stock price was down -3.9%.
The following week option expiration paid quite nicely as shown below for several out of the money contracts.
Big Profits on BAC Options
If you are new to options trading, I can teach you how to take advantage of these short-term volatility in BAC stock and many others.
Alternatives to Bank of America Stock Predictions
Bank of America stock is part of the Bank ETF: XLF.
why is this significant?
Because these are Always multiple DarkPool prints on this financial Exchange Traded fund.
You and I have a great opportunity to benefit from this knowledge quite regularly.
By the way, Darkpool prints are a very good way to forecast price movement for many stocks.
If not BAC, other banks stocks trade similar to BAC stock price.
Other Banks Stocks Forecasts
The first alternative to BAC stock price short term movement that Darkpool prints can forecast is Citibank stock (Ticker: C).
Here is a recent video how we leveraged that information to generate massive profit.
Another example within the XLF ETF is Well Fargo stock(Ticker: WFC).
We have traded BAC stock and WFC stock options for 1000% profit from 10 cents to$1.0
Short Term Forecast on BAC and WFC led to 1000% Profit
You too can leverage my short-term forecasts on BAC, WFC, Citi and many others stocks for big profits as depicted in the slide below.
I shared Bank of America stock price predictions using analysts’ ratings as well as the current positions cost distribution.
Though BAC is a sold performing company with an increasing dividend, it may be a bit too premature at its current price to start building a long-term position.
Looking to invest into Qualcomm stock to take advantage of future growth ?
This analysis of Qualcomm stock price predictions will help you leverage what most analysts
are forecasting for QCOM stock in the years ahead.
Additionally, I will share my short-term forecast of Qualcomm stock price so that you can take advantage of the occasional spike in volatility as well.
Qualcomm Stock Price Prediction | Overview
Qualcomm is a wireless technology company located in San Diego, California.
It main business is the development and sales of wireless modems mainly used in cellphones, data centers and other related semiconductors industries.
With the recent advances in 5G technologies, many believes Qualcomm stock is set to grow more than ever before its split in 1999.
After all, the company holds multiple patents in use by the biggest technologies companies such as Apple just to name that one.
QCOM stock price history
Over the last 10 years, QUALCOMM stock has gone from $50 to a recent spike to $188 as shown on the chart below.
QCOM Stock has gained 276% over last 10 years
That represents a 276% growth albeit most of this surge has taken place between early 2020 and end of 2021.
Certainly one can argue that QUALCOMM stock price returns in this period are not all that impressive.
However, the company provide a nice quarterly dividend to its shareholders to help offset the timid rise.
At 68 cents per quarter, you as an investor get to receive $2.72 per share each year.
You can decide to re-invest that money in for more shares of QCOM stock.
Who Are Qualcomm Shareholders
The main shareholders for Qualcomm stock are big institutions.
As an investor it is very re-assuring to see such vote of confidence is an established company.
The table below summarizes the big holders of the company stock.
Entity
% QUALCOMM Shares Owned
Institutions
77%
Corporation Itself
0.03%
Others
23.3%
Insiders
0.11%
Qualcomm Shareholders as of December 2021
Qualcomm Stock Price Forecast | Analysts Ratings
Out of 36 analysts who have provided ratings for Qualcomm stock price, none of them is recommending to sell this stock.
In fact, here are the bullish view distribution:
31% of analysts have a Strong buy Rating
42% Have a Buy Rating
27% recommend Holding the Stock
Analysts Price Target for Qualcomm Stock
The current price range for QCOM stock price is quite large.
As shown below, the lowest price is at $160 while the highest forecast price is around $393.
Large Range for Qualcomm Price Target | $160 to $393
What we can infer from this wide range of price is simple the potential that exits for sustained growth.
My recommendation is to use the positions cost distribution for QUALCOMM stock to get a better idea about the volume distribution.
In this Webull volume Analysis discussion, I shared how you can make usage of this data to gauge the true value of a stock.
Positions Cost Distribution for Qualcomm Stock
The volume distribution for QCOM stock shows that the average cost is around $154.
With that number, we can derive that the distance to the current price of $180 is just shy of 17%.
QCOM Average cost is 17% lower than the current price
In all fairness, the price at of this writing of $180 is the result of a recent strong Earnings.
May I suggest to wait for QCOM price to come closer to the average cost of $150 range before you start building your long term position based on the forecasted price we shared earlier.
Typically, Qualcomm stock tends to be more volatile following quarterly results as depicted in the video below.
You can take advantage of this volatility by trading options as we did in the video above.
Let me share my Qualcomm stock price forecast around Earnings that enables our traders in our Discord room to generate big profits four times a year.
Qualcomm Stock Price Earnings Forecast
I have studied a basket of about 100 stocks around Earnings each year.
This study includes stocks such as Qualcomm (Ticker: QCOM), AAPL, NVDA, AMD, WDC, MU jsut to name a few.
The output of the research I call Quantitative Earnings Analysis enables me to forecast Qualcomm stock price (and others) on the three days after Earnings.
Multi Years Forecast Study
With the goal to determine if Qualcomm stock make a significant move on the 3 days following each quarterly Earnings, I have studied the pattern of Qualcomm stock on these days since 2017.
Qualcomm Earnings Quantitative Analysis From 2017 to 2021
Before we get to dissect the data, let me give you an overview of what the content is about.
For each Earnings date on the far left, I tracked the qualcomm stock closing price on the 3 days following the release of the company Earnings.
The columns in the above table are described below:
ER DATE: The date of the ER.
CLOSE (P1): The closing price of a stock before ER.
OPEN: The opening price of a stock after ER.
DELTA: The gap between the Close(P1) and OPEN
TIME: AMC (After Market Close) or BMO (Before Market Open)
BMO : Before Market Open
AMC: After Market Close
DMH: During Market Hours
What does the Qualcomm Earnings Quantitative research tell us?
First thing that jump straight to us is the accelaration of the price since May 2017 Earnings.
QCOM stock price grew from the 50’s to the 80’s in just one Earnings release.
Since then, it has continued to grow with great consistency reaching a recent high of $180 after November 2021 Earnings.
How To Use Qualcomm Stock Price Earnings Forecast
The most important information on the data chart are the cells in green and red.
The color coding is as follows.
Green if the cell is greater than positive 2%
Red if the value of the cell is less than -2%.
The forecast for this Qualcomm stock price is derived from this simple observation.
11 out of 16 Earnings have yielded a green cell on day following Earnings. That is 70% accuracy.
I can add the most recent data point for November 2021 and that qualcomm stock price Earnings volatility forecast increase to 71%.
This forecast is mostly bullish because the red side only has an occurrence of 7times out of 17.
You may be thinking that the average bullish move is 3-4% which may not be much for an average stock buyer.
However, we use this qualcomm stock price forecast to trade options.
As you may know, the advantage of options is that it cost us way less money than the price of the underlying qualcomm stock.
Furthermore, a 3-4% move on the qualcomm stock will yield 200-300% profit trading weekly qualcomm options.
Below is a recent qualcomm options trade win for 478% using the QUALCOMM Earnings Forecast research we just described.
478% Trading Qualcomm Options using Earnings Forecast Research
You too can leverage our 10-baggers trading system to get profit on Qualcomm stock such as the one above and on many others stock as shown below.
Qualcomm Stock Price Weekly Forecasts
It is quite nice to find stock such as Qualcomm that have long terms prospects.
One can then buy and hold such stocks with great confidence as stock price predictions continue to go higher and higher.
However, for those not with a great starting capital, there is another an alternative that consists of taking advantage of short-term stock price forecasts.
Qualcomm Stock price short-term Forecasts
In 2017, I was looking for a consistent way to make money in the stock market.
I discovered that over the short-term such a sone week of 2 weeks, I can accurately predict stock price variations.
Using short-term options trading on stocks such as qualcomm, we can consistently generate big profits.
How Does My Weekly Qualcomm stock price Forecast work?
My AI computer program looks for specific stock patterns each week on stock like qualcomm, NVDA, MU, BAC, AAPL.
In total, I feed the machine about 100 blue chips stocks each and in return, it forecasts which ones will be making a big move over the next 6 days.
Then, I use the empirical data for each stock to determine options strike price in both bullish and bearish directions.
I store these options in a weekly watchlist and wait for the stock to make the forecasted move and trade that direction accordingly.
Here is the chart of the accuracy of the forecast along with the weekly average moves per stock.
I will take the trade on Qualcomm stock only when either the Calls or Puts option I am tracking on the watchlist starts moving.
The forecasted stock price move is about 8% in average over the next upcoming week.
When this happens, the weekly options are bound to pay upwards of 500% gain depending on how many days are left before expiration.
Weekly Stock Price Predictions Accuracy
In case you may be wondering about the accuracy of my weekly forecast on QCOM stock price and others, I recorded weekly videos on my YouTube channel with the results.
From May 2200 to November 2020 which spans 24 weeks, here is a quick summary of the overall forecasted results.
Weekly stock Price Forecast
Performance
Average # Forecasted Stock Price
15
Average % Move Per Stock Price
8.2%
Number of 900% Profit Trades
50 in 24 weeks
Number of 5000% Profit Trades
4 in 24 weeks
Average # 10-Baggers per week
2.1
Short-Term Stock Price Predictions Performance by Successful Tradings
As you can see from the above table of results of the weekly forecasts, there is a great deal of consistency in our stock price forecast results.
Because all the stock price that my AI chine forecasts do not make the same move, I decided that we only consider those making at least a 4% move in either direction as winners.
Just for our options trading beginners, a 4% move on the underlying stock over the course of a week can easily produce 200% profit in options.
With this criterion, I can then generate the so-called win rate that many traders are so focused on.
The alt column of the graph above reveals an average accuracy of over 85%. That is not bad if I may say myself.
However, may I leave you with this question.
Would you rather trade a strategy that have a 90% accuracy and giving you 30% gains or one that only has 50% accuracy but when the forecast is correct, your gains are 500%, 600% or above?
FINAL THOUGHTS ON Qualcomm Stock Price Prediction
Qualcomm stock maybe at the beginning of a massive breakout following a very bullish Earnings.
Based on the current cost distribution of the QCOM stock, it may be astute to hold off a bit before jumping on these bullish predictions so that your entry can be closer to the average cost in the $150 range.
In the meantime, come learn how to take advantage of short-term volatility in qualcomm stock price by leveraging my Earnings Quant Analysis on QCOM as well as on multiple other stocks.
Moving average are by far the most popular indicators for options traders.
There are calculated by averaging the price over a given number of candles.
You would hear trader ssay MA8, MA9, MA15 or MA20.
These refer to Simple moving Average 8, 9 , 15 and 20 respectively.
The numbers are the number of candles the average is considering.
Therefore , if you happen to be looking at a daily chart (each candle represent one trading day), these moving average consolidte price price over as many days : 8 days , 9 days, 15 days and 20days.
Should you use 15-minute interval, 8 candles will account for 2 hours.
What Is The difference between Simple and Exponential Moving Averages
If you happen to attend a Coaching session with me or watch one of of my technical analysis Videos on my YouTube channel, you will hear me say EMA8 and EMA20 .
Tha tis because I use the Exponential Mobving Average 8 and 20 period.
Why Exponential in lieu of simple ?
Because the Exponential moving average gives more weight to the most recent candles.
For instance, in the MA8, all candles have the same weighting whereas the EMA8 will give 33% more weighting to the last 3 candles.
Think of tit this way: If someone want to predict your future and you are telling that what you did the last 8 months.
Chances are the actions you have taken over the last 3 months are more indicative of the potential direction you are going.
How To Use Moving Average For Options Trading Exit
Either you are using MA or EMA options trading indicator, you need to know that in a bullish trend, the moving average become a support line.
This means that if the price start falling because your EMA8 for instance, then the trend is changing and it is time too exit or at least start scaling out of that bullish trade.
EMA8 indicator acting as Support on 15-minute chart of AAPL Stock
On the chart above, the first arrow point to a time when the EMA8 stopped being support for the stock before a bearish trends begins.
The second arrow(in yellow) depicts a scenario where the price bounced off of the EMa8 before continuing higher.
In such instance, options traders can confidently stay in their call options and enjoy further gains later simply by applying the concept of support from EMA.
On the other hand, when the price of a stock is going down, EMA8 will act as resistance.
EMA8 is acting as Resistance in bearish Trend for Roku
Why I Use Two Moving Averages Indicator
I use two Moving averages because the shorter term one (EMA8) tracts the most recent momentum whereas the longer term one (EMA20 , green in my chart) depicts a slighter longer term momentum.
Consequently, the crossing of the EMA8 over or below the EMA20 is a good indicator of the strength of the recent momentum.
Crossover of EMA8 below EMA20 for bearish Trend for 7 days
You can use these strategies on EMA8 crossing over EMA20 to set up bullish trades or EMA8 crossing below EMA20 to setup bearish trades.
Moving Average Convergence Divergence | MACD
The moving average convergence Divergence (MACD) is another classic indicator of options trader.
I do not use it as often as the other one to enter or exit mytrades.
However, it is good to check it for trend reversal from bullish to bearish and vice versa.
Relative Strength Indicator | RSI
The Relative Strength Index is a bottom chart indicator.
Most traders will set this one up with an upper threshold value of 70 to 80 to trigger overbought condition..
This means that the stocks is extended and may have a hard time going higher.
The opposite of overbouhgt is when the RSI indicator is below 30.
Such condition is known as oversold. Often, dip buyers are eager to point this out as a trigger for bullish reversal.
In my experience, the RSI does not consistently provide options traders with a clear signal on what tto do.
Why ? You may ask.
Stocks can stay oversold or overbought over a long period depending on the strength of whichever side (bullish or bearish) is dictating the direction.
VWAP Is The Best Indicator For Options Trading in 2022
The best indicator I use for options trading is the VWAP or volume weighted Average price.
In the next section will prove why it is a must have if you are serious about trading options.
What is VWAP Indicator?
VWAP takes into account how much volume is traded at each price level.
You can think of VWAP as the value price in the sense that if more traders are willing to buy a stock below VWAP, that means it is cheap.
Though some trader use the VWAP for daily charts, the most common use of it is for intraday trading.
Meaning when the market is open, you can use the VWAP on any time interval: it is the same value.
I do not se the envelope for VWAP as is the case for the Bollinger Bands.
VWAP Indicator helped Entry on Bearish Momentum
Why Should You Learn This VWAP Options Trading Indicator
VWAP Indicator for options trading will help you easily identify when to enter a bullish or a bearish trade.
Therefore it takes the guess out of your options trading entries.
So many times I get the question from beginners traders: how do I know when to enter?
How To Use VWAP For Option Trading Entries
For each bullish or bearish scenario, the VWAP indicator clearly helps for entry because it is close to the price at the beginning of the day.
Unlike the Moving averages that can be far apart from the current price (think about gaps situation), the VWAP always tells which direction the stock in going after a reasonable number of candles.
On Bullish Entries with Calls Options
For a bullish entry, on the 5-minute or 15-minute chart, we need to see the price above the VWAP indicator and positing higher highs.
Then it is okay to take a bullish trade and ride momentum.
Here is the short video explaining how to trade a bullish setup using the VWAP indicator.
On Bearish Entries with Puts
You will recognize a bearish setup thanks to VWAP indicator when the price is below VWAP and the stock is posting lower lows.
As long as the price remains below the EMA8 which in this case will act as resistance as seen earlier, you can confidently stay on the trade to get bigger profit.
Now after you successfully entered your bullish or bearish option trade using the our favorite indicator VWAP, the next question you may have is : When do I exit the position.
The huge advantage of the Scale Exit Strategy I use is that you get to take profits gradually.
At some point you end up playing with “the house money” without any stress.
This is how we have been able to generate multiple 10-Baggers like the ones below.
I shared my best options trading indicator in this step-by-step tutorial so that you can take your trading to the next level in 2022 and beyond.
If you are serious about options trading, I strongly recommend investing in your education so that you can Master Options Trading Skills that will last you for a lifetime.
Are you looking to get a Subscription on TradingView charting platforms.
TradingView Pro vs Pro+ is the usual debate for many traders.
This quick guide will help you select between TradingView 3 mains subscriptions: TradingView pro vs pro+ vs premium so that you can start enjoying superior charting tools.
TradingView Pro vs Pro+
I have been using Tradingview charting tool for almost a decade.
My experience is that this world class charting tool is second to none in its ability to help you with your trading.
Nowadays, It supports all types of markets not jsut the usual stocks and commodities.
You can use TradingView pro or Pro+ or premium for the following assets: Forex, Cryptocurrencies, international markets.
Whatever you want to doin charting based on your trading style, one of the TradingView pro, pro+ or premium can help you achieve that.
2 Charts Window from TradingView Pro
How Do You Choose between TradingView Pro, Pro+, Premium
The most important thing for me is that once you have a subscription plan, you no longer will be dealing with the annoying pop-up ads.
Just that time wasting is enough to invest in at least the TradingView pro.
From there, the beauty is that you can upgrade from Pro to TradingView Pro+ or TradingView Premium without paying any extra money !
Isn’t that a great feature?
Yes, at anytime, TradingView will take the time left on your current subscription plan and translate it into the higher Subscription Plan.
That way, you get to enjoy the benefit of more features without the worry of spending extra money.
Should you then decide to keep you upgraded plan, you will just renew the original subscription when the due date comes.
Difference between TradingView Pro Pro+ and Premium
The initial choice of a TradingView pro vs pro+ vs Premium Subscription plan depends on what you want to do.
If you are a beginner trader, the TradingView pro version will suit your needs just fine.
As you expand your trading skills, you will have the luxury to access more features in the TradingView pro+ and premium like scripting with dynamic and intraday exotic charts.
To help highlights some of the main difference between TradingView Pro, Pro+ and premium here is my suggested Summary table.
TradingView Pro
TradingView Pro+
TradingView Premium
# Charts per Window
2
4
8
Indicators per Charts
5
10
25
# Server side Alerts
20
100
400
Bar Replay
Yes
Yes
Yes
Formula Based Dynamic Charts
No
Yes
Yes
Volume Profile
Yes
Yes
Yes
TradingView Pro vs Pro +vs Premium Features Differences
Can you Get TradingView Pro for Free?
I am sure if you may have seen content out there on YouTube suggesting how you can install a piece of code to get TradingView pro for free.
I do not recommend following any of those recommendations.
Do not get me wrong, I understand that money can be tight sometimes.
However, if you are serious about trading, chances are you will make enough money so that a TradingView pro or pro+ membership is not too much of a challenge.
Especially given the sales that TradingView offers all year on the pro, pro+ and premium plans.
Number of Charts per Window on TradingView Pro vs Pro+
When you are trading on one monitor, it can be difficult to follow multiple stocks simultaneously.
This is solved via the multi window feature on the TradingView pro, pro+ and premium.
Each TradingView subscription plans offers a number of charts per window.
The TradingView pro+ offers up to 4 charts per window vs 8 for the premium version.
Indicators per chart on TradingView Pro vs Pro+
The free version on TradingView only offers 3 indicators on each chart.
With TradingView Pro and Pro+, you will be able to add 5 and 10 indicators respectively.
This number grows all the way to 25 in the Premium plan.
Now, I am not sure what type of trader needs 25 indicators on a chart but should you be that person, then the TradingView premium will satisfy that requirement.
So technical analysis on TradingView Pro or Pro+ is something I use regularly.
The feature that comes in handy for this work is the Replay Bar.
It enables traders to easily get familiar with the various indicators.
Here is the video explaining this feature and the others we have been using to get great results you have seen on my YouTube channel.
How Much Does TradingView Pro Cost?
With the current sale on TradingView Pro, Pro+ and premium, it will cost you least than 50cents per day to get all the above feature of TradingView Pro.
I am not sure if you are a coffee drinker at some of the fancy place.
But may I suggest you find a way to fund your yearly TradingView Subscription of less than $155 by altering just that one small habit.
The price of the TradingView Pro+ still comes down to less than $1 per day at $199 USD per year.
This year, you will Get an Extra Month Free on your yearly Plan.
This is a no brainer even if you are a current subscriber.
TradingView will add more time to your Membership.
In my scenario, I have 65 days left on my current Subscription.
I will extend my current subscription for one year = 365 days + 1 month + 65 days = 465 days after my purchase.
Here is the offer for Black Friday and Cyber Monday.
How To Use TradingView ?
Now that you have decided on which TradingView subscription plan best fits your needs, you are eager to setup your TradingView Pro or Pro+ charts.
I have created this easy video to help you do just that in very simple steps.
Should you have any questions on how to best use TradingView as part of your trading, you can contact me directly on this website or write me an email or leave your comment on our multiple educational videos.
choosing the best Bitcoin Wallet is the most difficult step
Want to learn about the best bitcoin wallet for android in 2022? Technology has progressed throughout time, and today things that appeared impossible a few years ago are now a reality. You can now get meals, services, and just much anything else online and pay for it without ever leaving your house.
What Is Bitcoin Wallet?
It should come as no surprise that cash payments are becoming obsolete. Along with wireless payments such as Google or Apple Pay (which still require a banking account or card, i.e. real cash), cryptocurrencies such as Bitcoin are becoming increasingly popular.
The fundamental advantage of cryptocurrency is that it does not rely on banks to authenticate transactions, instead of relying on blockchain technology, which employs a peer-to-peer system in which money is sent directly from a sender to a recipient.
The term “crypto” refers to the use of encryption to safeguard transactional data and ensure the transaction’s authenticity. Because there is no centralized location for keeping the data and it is encrypted, it is considered tough to hack.
In this article i will tell you about the Best Bitcoin Wallet For Android in 2022
A Bitcoin wallet is a digital wallet that allows you to send and receive Bitcoins.
This is similar to having a real wallet. Rather than keeping real money, the wallet saves the cryptographic information needed to access Bitcoin addresses and send transactions.
Other cryptocurrencies can be stored in certain Bitcoin wallets.
How do Bitcoin Wallet works?
A Bitcoin wallet is an application software or device that can connect with the Bitcoin blockchain. Although many people conceive of Bitcoin wallets as “storage” devices, they reflect the cryptographic control of a blockchain address.
Each Bitcoin wallet has a set of private keys, or secret numbers, that correlate to the user’s blockchain address book.
These keys are used to sign Bitcoin transactions, giving the user authority over the bitcoins in the address.
If an attacker obtains the private keys of a wallet, they can transfer the Bitcoins from that address to their own wallet.
List of recognizable android wallets:
This is the list of some of the android bitcoin wallets used:
Bitcoin Wallet
Coinbase
Coinomi Wallet
Eclair Mobile
Electrum Boitcoin Wallet
Exodus
Gemini
Mycelium Bitcoin Wallet
Trust
Some brokerage apps like SoFi
Hardware crypto wallets
Bitcoin.org’s Choose you Wallet tool
Coinomi, The Best Bitcoin Wallet for Android :
Coinomi is a mobile and desktop wallet that allows you to transfer and receive over 1,770 different cryptocurrency assets.
Coinami Wallet is a good cryptocurrency wallet with a lot of options. Every coin based on ERC20/223/723, Omnilayer, NEM, BEP2, and TRC10 is supported. As a result, it’s a fantastic wallet for anyone who wants to hold a variety of coins.
The app also has a nice UI, good security, multi-seed support, a DApp browser, and other features.
Founder of Coinomi:
George Kimionis launched Coinomi in 2014 to develop safe blockchain application solutions. Moreover, the firm currently employs less than 20 people and has not received any outside investment.
Why choose Coinomi:
Coinomi provides its, users, a range of features including:
Your private keys are never sent outside of your device. Strong wallet encryption and cryptography ensure that your funds are kept safe and under your control.
Coinomi’s mobile app has expanded to fully support both iOS and Android, and now a desktop version has been added, wallet access and control are even more accessible.
Bitcoin, as well as the majority of significant cryptocurrencies and tokens, is supported natively. Integration of major cryptocurrencies and tokens continuously. When it comes to coin selection and adding, the utmost care is taken.
Coinomi has been in existence since 2014, has never been hacked, and has never caused a user to lose money.
There are no costs for transmitting or receiving transactions; the transaction fees are paid straight to the miners.
Transaction costs are determined dynamically, ensuring that you always get the best deal. You may also set up and utilize your own fees in any of the supported currencies.
Through our strategic partners and multiple DEXes, you may immediately swap between hundreds of assets and thousands of pairings. Transaction speeds are faster than industry standards, ensuring privacy.
You may pay directly with altcoins to bitcoin addresses, and vice versa, thanks to advanced technology. There are no more steps or sign-ins to complete. The procedure of making a cross-chain payment is as simple as clicking a button.
Coinomi is available in a variety of languages, including English, Chinese, Spanish, French, German, Russian, and others, with more translations on the way.
SegWit Supported:
Coinomi supports Segwit, which means that if you’re transferring Bitcoin or Litecoin, you’ll get faster confirmations and reduced costs.
Change between Bech32, P2SH, and legacy modes dynamically.
Integrated with Built-in Exchange:
An in-wallet exchange facility is something that a few multicurrency cryptocurrency wallets provide. This allows you to trade currencies without removing them from the device. Coinomi is no exception, as the company has teamed with ShapeShift and Changelly to allow customers to trade their cryptocurrencies on the go, straight from their Coinomi wallet.
This saves money on exchange fees as well as the time and effort involved in sending coins to an exchange.
Furthermore, because you do not need to transfer your coins to an exchange to convert them, you avoid the costly and privacy-invading KYC regulations that certain exchanges impose.
Supported Coins:
Coinomi supports over 125 distinct blockchains (according to its website, the most for non-custodial wallets) and over 1,770 total crypto assets, including tokens.
The most popular coins Coinomi supports are:
Bitcoin
Ethereum
Ripple
Litecoin
Bitcoin
Cash
Monero
Dash
Zcash
Tether
USDC
GUSD
Overall Customer Review:
coinomi has received overall 4-5 star review from the community
Coinomi employees, according to Reddit threads, are quite responsive. Coinomi claims to have “millions of satisfied users” and that “none of their phone-based wallets have been hacked or otherwise compromised” since 2014.
This appears to be the case, according to users, as there aren’t many complaints regarding their service. Most online reviews appear to support this, with the Coinomi wallet receiving a rating of 4-5 stars.
Setting up Coinomi Wallet:
The Coinomi wallet is available for Android and iOS phones, as well as Windows, Linux, and also on OSX computers. It’s simple to download, install, and use the wallet on any device.
Here’s a quick guide on setting up your Coinomi wallet:
Help & Support :
Although Coinomi is a free option, it does provide help to its users through a variety of channels. To begin, they provide an official help portal with a range of user manuals and some of the most frequently asked questions.
You may always file a ticket through the portal if you have a more specific question that has not been answered. You will be issued a ticket number after your ticket has been filed. This is helpful since you may use it to follow up with the team via their other channels of communication.
Coinomi has active accounts on Twitter, Telegram, and Facebook, where they communicate with their followers daily. They keep an official blog for some of the most major news and releases.
Is Coinomi a safe option:
Coinomi claims itself as a wallet that prioritizes security. The security of the assets cannot be underestimated, hence it is a reasonable concern for bitcoin wallet creators. What security features does Coinomi have to provide its users?
To begin with, Coinomi users have access to their private keys, which they may share with no one else. Users’ private keys are also encrypted, so Coinomi staff cannot access them. Private keys are only kept on the devices of the users.
What makes it so crucial? It’s critical because even if the Coinomi network is hacked, the cash will remain in the hands of the users, and hackers will be unable to access funds.
Having your private keys is, of course, a benefit that comes with more responsibility. If you lose your password and/or seed phrase, for example, you won’t be able to access your account again no matter what you do.
Finally, Coinomi is the best bitcoin wallet for android in 2022 and is a wonderful choice for desktop or mobile because of its user-friendliness, security, and a large selection of supported cryptocurrencies.
Furthermore, because new users are sometimes hesitant to trade on exchanges where figures swing about on both the ask and sell sides, trading using the Coinomi wallet makes the procedure much simpler. The Coinomi wallet is likely to appeal to anybody, including advanced users.
Wallets for alternative cryptocurrencies are critical to the development and operation of cryptocurrencies. This kind of best altcoin wallets offer both security and convenience in terms of sending and receiving payments.
Wallets for cryptocurrencies operate in the same manner as Bitcoin wallets. In reality, a vast majority of alternative cryptocurrency wallets support the world’s biggest cryptocurrency.
We’ll go through what makes one Altcoin wallet superior to another, and why. In addition, we will give you a selection of the best Altcoin wallets for you to choose from.
What is the significance of selecting the best Altcoin wallets?
Altcoins (alternative cryptocurrencies) began to rise throughout the globe shortly after Bitcoin was created. The success of each currency was predicated on the fact that it made improvements to the Bitcoin protocol.
For example, Ethereum took the Blockchain idea and turned it into a decentralized platform. Now, it provides a platform where anybody may create unique applications for the network.
For its part, Litecoin is a cryptocurrency that is comparable to Bitcoin in many aspects. However, it has quicker transaction times, making it more convenient to use for payments.
Popular Altcoins in 2022
While many Altcoins were developed with the intention of being superior to Bitcoin, others were merely made as a joke or, worse, as a hoax to defraud investors.
In a similar way, there are hundreds of best Altcoin wallets accessible. Although many of them are reputable and legitimate, some are amateurish. There are yet others that are just a front for criminals to hide behind.
The finest Altcoin wallets will guarantee that you do not fall prey to a criminal’s trap. In addition, it provides you with better functionality and support for alternative cryptocurrencies.
Which cryptocurrency wallets are the most reliable?
Choosing the Best Altcoin Wallet
It is crucial to note at this moment that there is no one wallet that can meet the demands, skill levels, and coin support requirements of every person.
While some users may be seeking a wallet to keep the rare Altcoin, others may be hoping to make a profit on a regular basis via frequent trades and transactions.
Various Types of Bitcoin Wallets
Because there are so many various types of Altcoin wallets accessible, it is a good idea to categorize them in a number of ways.
One of the most common methods of doing this is by dividing Altcoin wallets into two categories: cold and hot. Cold wallets are physical devices that are small enough to fit in the palm of your hand, but not necessarily.
They are not free. However, they do offer improved security by being unplugged from the Internet for the majority of the time. On the other hand, a hot wallet is often free. However, this also implies that it is less safe than a cold wallet.
Hot wallets may be divided into the following categories:
Desktop Wallet
It is a type of bitcoin wallet that can be installed on your PC. Such wallets may be compatible with a variety of operating systems. Some may restrict to Windows, Mac, or Linux only.
Mobile Wallet
With the help of a simple Wi-Fi connection, you may transfer and receive coins using your mobile wallet. It is simply loaded on your smartphone. The best cryptocurrency wallets for mobile devices are those that function on both iOS and Android smartphones.
Browser Wallet
This wallet allows you to access your money and make transactions straight from your web browser, eliminating the need to download any software or other software-based solutions.
Price
Another crucial factor to consider is the cost of the wallet. With a few exceptions, the vast majority of hot wallets are free, but the vast majority of cold wallets are not.
The decision on which choice to choose is mostly influenced by the level of security necessary. It’s possible that a hot wallet will be sufficient if you’re just going to hold a tiny amount of Altcoins.
In contrast, if you want to invest in the finest Altcoins and hold on to them, a safe cold wallet (also known as a hardware wallet) is preferable.
Currency Exchange
One feature that some of the best Altcoin wallets provide is integrated solutions that allow you to swap currencies quickly and easily.
The end result would be that you’d be able to purchase and sell multiple supported currencies through an exchange, with cash immediately leaving and entering your wallet as needed.
As an added convenience, certain wallet providers may also handle cryptocurrency exchanges, making the whole transaction easier and sometimes more cost-effective.
6 Best Altcoins Wallets
Wallet
Type
Number of Currencies
Recovery Option
Private Key Access
Storage Type
Security Level
Ledger Nano S
Hardware
1100
Yes
No
Cold
High
Guarda
Desktop Mobile Web
49
Yes
Yes
Hot
Medium
Coinbase
Desktop Mobile
100
Yes
No
Hot
Medium
Trezor
Hardware
1180
Yes
No
Cold
High
Exodus
Desktop Mobile
103
Yes
Yes
Hot
Medium
Indacoin
CEX
100
–
–
–
–
Crypto Wallets Comparison
Ledger Nano S
Because of its elegant look and robust functionality, the Ledger Nano S is one of the most recognizable cryptocurrency wallets on the market.
With the ability to accept more than 1,100 different Altcoins and ICO tokens, it is very user-friendly and suitable for both novice and expert users. The Nano S is a hardware wallet that features tamper-alert software to detect unauthorized access.
The wallet retails for a fairly reasonable price considering the features it offers. For reasons of security, you must have the device with you at all times in order to authorize transactions.
However, in order to increase convenience, Ledger offers a mobile application that makes browsing and execution of transactions more straightforward.
Pros
User-friendly
Supports more than 1100 coins and tokens
Provides an excellent value for money
Lightweight
Portable
Cons
Doesn’t provide any private key access
Difficult navigation
Guarda
Guarda is a popular digital wallet that has the particular feature of being compatible with a wide range of devices and browsers.
Additionally, Guarda offers a Chrome extension, as well as Ubuntu, Mac, and Linux software, in addition to functioning on iOS and Android devices as well as Windows computers.
This free worldwide Altcoin wallet may link to partner exchanges to give a quick method to purchase and sell currencies. It is simple to set up and literally anybody can use it.
Guarda is undoubtedly one of the top best Altcoin wallets for beginners due to its ease of use and simplicity. Due to the fact that it is an online wallet, it is not as secure as a hardware wallet. The total experience, however, may be had for a far lower investment of money.
Please bear in mind that Guarda is a non-custodial wallet.
It means that users are completely responsible for keeping their passwords and recovery phrases private and secure.
Because Guarda is unable to act, you will be unable to access your cash if these documents are lost.
Coinbase Wallet is the second regulated wallet on our list of the best Altcoin wallets. It is also the one we most widely use. Coinbase Wallet, which is owned by one of the major Bitcoin brokers in the world, is completely free to use and very simple to set up.
Despite the fact that it is a popular mobile wallet, it is safeguarded by extensive security safeguards, some of which are similar to those found in banks.
When utilizing the Coinbase Wallet, you have the option of connecting with an online exchange in order to automatically transfer and receive other currencies.
While one of these exchanges is Coinbase itself, you are not restricted to using just this particular exchange.
This wallet also allows you to connect with Decentralised Apps that are built on the Ethereum blockchain directly (DApps).
Pros
User friendly
No setup fee
Available on Android and iOS
Supports recovery option
Cons
No private key access
Supports a small number of coins
Trezor
Trezor is a well-known maker of bitcoin wallets that are both safe and dependable. It was established less than a year after the birth of Bitcoin and now supports more than 1,000 other cryptocurrencies and tokens.
The Model One wallet is the most affordable of the company’s major wallets, retailing at €59. The navigation buttons on this model, as opposed to the touch screen of the more costly Model T, allow for easier navigating.
Trezor’s Model One is a simple device that is suitable for both beginners and more experienced users alike. However, even though hardware wallets like this are inherently more secure than other options.
Trezor includes two-factor and FIDO2 authentication mechanisms to further increase their security. When you link this gadget to your smartphone, the possibilities for its use become almost limitless.
Using this method, you will discover an increasing number of applications that enhance the functionality and convenience of your Model One.
Pros
User friendly
Safe and reliable
Supports more than 1000 coins
Provides good value for money
Cons
Difficult navigation
No private key access
Exodus
Exodus Altcoin Wallet
Exodus is a desktop and mobile wallet. It has the rating as one of the best Altcoin wallets in terms of overall usability. The online wallet, which is popular among Altcoin traders, features real-time price charts as well as the opportunity to purchase and sell Altcoins directly.
It supports more than 100 different currencies and tokens. Moreover, Exodus also provides a selection of alternative applications to improve your trading experience and manage your money.
This Altcoin wallet is non-custodial, which means that it is primarily the responsibility of the user to keep their passwords and recovery phrases secure and confidential. If you don’t have them, you’ll be unable to access money in the future.
If you’re a trader who is eager to invest in Altcoins, Exodus has a lot to offer, including the ability to trade while on the road straight from its mobile application.
Pros
Free Setup
Supports more than 100 coins and tokens
Available on desktop, Android, and iOS
Trading apps and live charts available
Cons
Higher conversion fees
Less secure
Indacoin Wallet
For Android and iOS smartphones, Indacoin Wallet is a mobile cryptocurrency wallet that supports a variety of cryptocurrencies. This wallet has received favorable feedback from its customers, and it provides a free method for getting access to a wallet in seconds.
Indacoin Exchange is owned by this organization, and this wallet allows you to trade Altcoins as well as purchase them using a debit or credit card.
The Indacoin Wallet is simple to use, making it an excellent choice for novices. A total of over 100 different currencies and tokens are accessible via the wallet. Account activation is as simple as providing a cellphone number, and customer service is accessible around the clock.
This is particularly critical in the event that you lose access to your wallet due to a password forgetting incident.
Pros
Supports more than 100 coins and tokens
Direct Altcoin purchase or conversion
Available on Android and iOS
Supports recovery option
Cons
Android app has bugs
Less secure
Conclusion
As cryptocurrencies continue to develop, so will the best Altcoin wallets, which will become more and more sophisticated.
In addition to the wallets listed on this page, there are countless more platforms where you may purchase, sell, and store cryptocurrencies and tokens.
However, the wallets we discussed about on this page are super dependable, respectable, and trustworthy. Picking a wallet provider you can rely on, much like choosing a bank account, may save you time, money, and frustration.
Is Webull Safe in 2022 ? Webull is one of the newest online brokers, founded in 2017 and debuted in May 2018 with just a mobile app. Stocks, ETFs, options, and cryptocurrencies are all available at Webull.
This smaller collection of assets aims the younger and more self-directed clients.
Meanwhile, the more conscious investors cannot help wondering :Is Webull Safe to Invest with in 2022 ?
Is Webull Safe | What Is Webull
Webull Financial LLC provides a commission-free electronic trading platform for stocks, exchange-traded funds, options, margins, and cryptocurrencies, accessible by mobile app and desktop computer.
Who Owns Webull?
Wang Anquan owns Webull’s parent business, Fumi Technology.
He controls roughly 35% of the organization.
Xiaomi ranks second with roughly 14 percent, followed by Noah Holdings Ltd. with around 9%.
So far, Anthony Denier’s ownership share has remained unknown.
How does Webull Make Money?
Webull is a FinTech startup that allows customers to trade financial commodities like stocks and exchange-traded funds (ETFs) without paying a fee.
Payments for order flow, short selling fees, subscription fees, interest paid on margin, and earnings gained by investing funds on balance are all ways that Webull generates money.
Webull does not charge any kind of commission.
But even no-commission platforms, must generate money in some way.
Here’s how Webull goes about it:
Payment for order flow
This is a contentious but frequent technique in which trading applications generate money. They do so by routing clients’ orders to high-speed traders.
Stock Loans
Some investors engage in a technique known as short-selling.
It involves betting on a company’s stock price falling.
Webull generates money by lending investors’ shares to short-sellers.
They then sell the borrowed shares to third-party investors in the hopes of repurchasing them at a lower price later.
Interest on Free Credit Balances
A free credit balance is the amount of money that a broker has to pay you on-demand.
This includes the money you deposit in an account or dividends.
Brokerages profit from the idle cash in your account by lending it to other parties.
They collect the interest on it.
Margin Interest
Users who have at least $2,000 may create a margin account.
It allows them to borrow money to purchase stocks.
Customers get more purchasing power, but they also take more risk.
The amount of the margin loan decides the margin rate.
Webull charges interest every month.
A debit amount of up to $25,000, for example, has an annual margin rate of 6.99%.
Webull Growing Popularity
Webull is touching new heights of popularity in the stock market.
The criticism against Robinhood Markets’ trading limits may be sending users to Webull Financial, one of the brokerage’s fastest-growing competitors.
New account signups were 1,548 % greater than the seven-day norm, according to the Chinese-owned brokerage.
The company’s trading app, which had a previous standing at 60th.
Hence, it is now the second-most popular free iPhone app in the United States, behind only Robinhood.
Google Trends Stats Worldwide Search
Before the year 2021, the Google trends for Webull were not so encouraging.
However, over the course of last 12 months, there has been amazing fluctuations particularly in the month of January.
We can expect the same in the January 2022.
So, let’s look forward to it.
Webull worldwide trends over the past 12 months
Google Trends stats USA
Similar to what we discussed for the worldwide trends, the Webull trends in the USA have been really promising.
We can hope to expect some bigger things in the coming year!
Webull trends 2021
Compare Webull Popularity to Nemesis Robinhood
Millions of users have flocked to Webull and Robinhood, two of the most popular investing apps, for their ability to swiftly trade and monitor stocks, options, and cryptocurrencies.
In several critical areas, Webull compares well with Robinhood, if not outperforms it.
Moreover, Webull provides helpful charts, better customer assistance, and still gets the job with no fees.
Looking at the Google trends Search for the two millennials trading platforms, Robinhood is 6 to 7 times more popular that Webull as depicted on the chart below.
Webull vs Robinhood Web Searches by Google Trends
Robinhood is fantastic for no-cost trading, an innovative mobile app, and fractional shares, whereas Robinhood is great for no-cost trading, a slick mobile app, and fractional shares.
Although the cryptocurrency market is open 24 hours a day.
Webull’s extended hours trading function allows users to trade conventional assets such as stocks and ETFs from 4 a.m. to 9:30 a.m. or 4 p.m. to 8 p.m.
The stock market’s typical hours are 9:30 a.m. to 4 p.m. Eastern Time.
This feature is making Webull more popular than Robinhood.
Is Webull a Legit Trading Platform
All of the key financial regulators regard Webull to be a legit trading platform.
In general, any brokerage’s safety may be determined by the level of protection you have as an investor and the broker’s history. And on these counts, Webull is unmistakable.
Is it Safe to give Webull your SSN?
When you are creating your Webull account for the first time, you will be asked your physical residence.
Then short after, you will be required to provide your Social Security Number (SSN).
Many people are surprised by this request and feel quite uncomfortable.
Giving your SSN to a trading platform is a requirement because Webull like many other trading platforms must reports your earnings at the end of the year to the Internal Revenue Service.
The SSN collected that Webull collects are part of a huge data base of personal information.
This information needs to be secured enough to avoid any breach on people personal info.
How is Webull Regulated in the USA?
Webull is a licensed broker-dealer with the Securities and Exchange Commission (SEC) and a member of the Financial Industry Regulatory Authority (FINRA) and Securities Investor Protection Corporation (SIPC).
The SIPC, since 1970, is a non-profit, nationally required, and member-funded organization that has guaranteed funds placed with US-registered brokerages.
The Securities and Exchange Commission (SEC) of the United States has launched its official website to safeguard investors and ensure fair, orderly, and efficient markets by preventing fraud, manipulation, excessive speculation, and insider trading.
However, Webull customers may invest in over 5,000 US-listed stocks, ETFs, and other assets without paying a fee.
Investors may use the app to access trading services encompassing market data from over 100 exchanges in 90 countries.
Everything is there: stocks, bonds, commodities, foreign exchange, options trading, and cryptocurrencies.
Webull Regulations in other countries?
In the USA, the Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA) regulate Webull.
However, outside the USA i.e. in China and Hong Kong, Hong Kong Securities and Futures Commissions (SFC) are undertaking its regulation.
Which other countries have access to the platform today?
At present, other than the USA there are very few countries in the world that have access to Webull.
These few countries are China and Hong Kong, Korea, India, Japan, Malaysia, Turkey, Brazil, and The Philippines.
So, it is very clear that Webull operates in different countries in the world, and it may become operational in some other countries also.
How do different regulators control Webull?
Webull is regulated by federal securities regulations that guarantee that all investors are treated fairly. The SEC zealously enforces all federal securities laws and holds everyone responsible for any violation.
On the other hand, FINRA’s purpose also includes investor protection.
As a government-authorized non-profit, they protect the integrity of the financial markets by monitoring all brokerage firms in the United States.
However, every business that distributes securities products and the securities of their advertising is licensed and tested by FINRA. FINRA analyzes billions of market events every day.
Is Webull Secure Enough to Invest with?
When choosing an online trading platform, look into what financial authorities control the site to ensure its reputation.
As you can see, many top-tier organizations are behind the regulation of Webull.
This guarantees that it complies with all US, UK, and international laws ensuring the protection of investors.
Webull is Reliable
How are stock investors protected?
Webull is a member of the SIPC – Securities Investor Protection Corporation.
It means that clients have a cover-up of $500,000 ($250,000 in cash) if the brokerage goes out of business. It is also relevant in the case of loss of assets.
The brokerage’s clearing business, Apex Clearing, has extra insurance coverage that covers securities and cashes up to a total amount of $150 million.
This is subject to maximum restrictions of $37.5 million in securities and $900,000 in cash for each client.
However, bear in mind that this coverage won’t prevent you from just losing money in the market, which is why investing sensibly is so crucial.
How are Crypto investors protected?
An account with Apex Crypto is a must-have to trade cryptocurrencies. Apex Crypto is not a broker-dealer that has the registration with the SEC.
It handles Webull’s crypto trading and custody.
Moreover, Apex Crypto performs the transaction and maintains the coin money when you purchase a cryptocurrency on Webull.
While Apex Crypto seems to offer secure crypto storage, there are a few points to keep in mind:
Its bitcoin assets are not covered by insurance.
Its risk statement states that in the case of technical issues, it may not have enough financial coverage to compensate for bitcoin losses.
What Can You Do to Keep Your Webull Account Safe
While Webull does its part in keeping your account and personal information protected, you can help as well by following the safety tips below:
Here are a few tips:
• Ignore suspicious calls, texts or emails that request personal information or payment. Webull will never ask you for your passwords and will never call you to seek personal information.
• Ignore and report any calls, texts or emails that ask you to transfer money. Webull will never request that you wire money to any Webull account.
• Be sure you know who an email or text message is from before you click on a link or open an attachment. Hover over links to reveal the website’s URL and see where the link really goes. Do not click on links that don’t match the sender or don’t match what you expect to see.
• Pay close attention to the email address and sender’s name, which may be off by just a character or two if it’s a phishing attempt. Webull will only contact you from verified Webull domains: Webull.com or Webull-us.com. Other domains, like webullxa.com, are fraudulent and you should not engage with them.
• Be careful of suspicious calls, texts or emails that imply a sense of urgency or ask you to act quickly.
• Only download apps from legitimate app stores (like the Apple App Store, Google Play App Store).
• Enable two-factor authorization and review your trusted devices in order to protect access to your account.
• More information is also available at https://www.consumer.ftc.gov/articles/how-recognize-and-avoid-phishing-scams
What Do Users Say About Webull?
Webull is ideal for the trader or aggressive investor who does not want assistance.
It also appeals to individuals who wish to trade since there are no additional expenses.
There is no account minimum, competitive margin rates, and zero fees on stocks, ETFs, options, and cryptocurrencies.
Is Webull trusted by Investors?
Since its inception in 2017, Webull has seen consistent development.
Not only has it survived the COVID-19-facilitated 2020 crisis, but it has also managed to grow its service offering during that period.
Webull has allowed its traders to utilize cryptocurrencies as trading instruments from the end of November 2020.
Who is Webull Target demographic?
Webull’s most significant target demographic, millennials, were reflected in the mobile-first launch.
Webull serves the newer and more active traders.
In addition, Webull welcomes people who take interest in a platform that offers a wide variety of free services, such as no account minimums, commission-free stock/ETF, and options trading and numerous cryptocurrencies.
Moreover, customers of Webull receive a lot of bang for their buck: a beautiful platform with a lot of valuable tools and features, as well as attractive profit rates.
Is Webull Really Free?
Webull does not charge commissions on any transactions, including the purchase and sale of cryptocurrencies such as Bitcoin and the trading of options.
Robinhood popularized commission-free trading, which is now the industry standard, even among major brokerages like Charles Schwab and Fidelity.
According to Webull’s website, regulatory bodies like the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) may still charge extremely tiny fees, such as $0.02 per transaction.
Is Webull Good For Beginners?
Webull is an excellent broker for newcomers.
First and foremost, their online platform is ideal for any newcomer, as it offers a wide range of order types, good customizability (workspace, charts), and is ultimately user-friendly.
Also, with two-step authentication, the Webull mobile platform is secure.
However, many newbies to trading are afraid of expenses, so the no-fee for options, ETFs, and equities is a massive plus for them.
A simple account registration procedure is another reason why this platform is a good location for new traders to start.
There is no minimum deposit, you can enjoy Webull Instant Deposit and everything is entirely digital and very quick.
FINAL THOUGHTS
This article provided arguments to answer the question : Is Webull Safe for new investors in 2022?
Depending on your investment type, you can feel secure to invest with Webull as many regulations are in place to protect your money.
As for cryptocurrencies product, Webull current clearing firm Apex Crypto does not provide the security to the many traders who embark in this new endeavor.
Until time will tell how people will feel about that part of Webull not knowing what may happen t their money should some awry happens down the road.
Binance vs Kraken – Both are two well-known worldwide exchanges that provide cryptocurrency trading, staking, margin trading, institutional services, and various other services.
Advanced trading choices, cheap costs, and mobile applications are all available on these two crypto exchange platforms.
Furthermore, both have aimed at intermediate or advanced users. Binance, on the one hand, has somewhat cheaper costs, a more comprehensive selection of currencies, and more options to deposit and withdraw money.
On the other hand, Kraken is recognized for its excellent security standards, has just received Wyoming bank charter approval, and plans to go public in 2022.
Binance Exchange Quick Overview
Binance, the world’s biggest cryptocurrency exchange by trading volume, was created in 2017.
The exchange began in China. It now has over 13.5 million active users and operates in the United States, Europe, and other parts of the globe.
Binance trades approximately 500 cryptocurrencies, including two coins it created: BNB (Binance Coin) and BSC (Binance Security Coin) (Binance Smart Chain).
Trading on leveraged tokens, cryptocurrency futures, and a decentralized exchange are all available on the platform (Binance DEX).
Kraken
Kraken was one of the first significant cryptocurrency exchanges, having been created in 2013 in San Francisco.
After the Japanese cryptocurrency exchange, Mt. Gox went bankrupt in 2014, and consumers were forced to open an account with Kraken to recover their funds.
Moreover, Kraken currently supports over 70 coins for trade. It has cheap costs and a wide range of sophisticated trading options, including futures, margin, and over-the-counter (OTC) trading.
Furthermore, Kraken is known for its impenetrable security – the platform has never been hacked.
Binance vs. Kraken: Which one is easy to use?
Binance and Kraken may both be accessed using a web browser or a mobile app.
When it comes to simplicity of use and Binance vs. Kraken, Kraken comes out on top.
For first-timers, every crypto trade might be a weird and unfamiliar experience. However,
Binance’s user interface does not make things much simpler for the typical novice.
Binance
The Binance web interface presumes that visitors are familiar with how to use a cryptocurrency exchange. There are three viewpoints available: “basic,” “classic,” and “advanced.”
In the basic view, converting one crypto to another should be straightforward enough for everyone, given the display has two dropdown selections.
The advanced view is designed for skilled traders and may be beneficial to experienced users.
Kraken
Kraken is more enticing to those who aren’t acquainted with exchanges. The interface is more user-friendly and clearly explains how to complete tasks. Users may make a purchase or sell order by selecting the “new order” option. The procedure is also made simpler by the style, colors, and bigger text.
Binance vs. Kraken: Which is more secure?
Binance vs Kraken – Security
Without any doubt, the most critical factor to consider when selecting a cryptocurrency trading platform is security. This remains true in this Binance vs. Kraken comparison, as well as every other crypto-related comparison you may encounter!
However, you risk losing all of your assets if you put your funds into a less secure exchange. Although most of the top-tier cryptocurrency trading platforms have their security mechanisms in place, it’s still worth remembering!
Binance
Hackers got into Binance in 2019 and stole $40 million in cryptocurrency.
While no more security breaches have happened afterward, the incident raises concerns. Those inquiries have also gone unanswered by the corporation.
Binance does not provide all of the facts of how it protects its crypto assets.
Kraken
Kraken has never been hacked, and its security policies are open and transparent.
In fact, the company’s website has an entire page devoted to explaining its extensive security features.
The exchange maintains 95 percent of its cash in air-gapped cold storage, keeps its servers under 24-hour video monitoring, and encrypts all sensitive account information at both the system and data levels.
Binance vs. Kraken: Good Features
In terms of trading, both platforms provide a lot of the same functionality.
The purchasing, selling, and converting of cryptocurrencies are the main things for which most people utilize crypto exchanges.
If all you want to do is convert some fiat cash to cryptocurrency, any exchange will suffice.
Binance
Peer-to-peer (P2P) trading, margin lending, futures trading are all available on Binance. Advanced charting and technical analysis tools are also available.
Specific transaction types, like margin trading, are not accessible on Binance for US customers but are available on Kraken.
Kraken
For some of the most popular proof-of-stake currencies, such as DOT, ATOM, and XTZ, Kraken provides simple staking options.
Users of Kraken have access to a unique platform called Cryptowatch, which allows them to trade on various exchanges simultaneously.
Binance vs. Kraken: Range of Currencies
Binance vs. Kraken – Range of Currencies
Around 7000 distinct cryptocurrencies are presently accessible for consumers to investigate, analyze, and exchange.
Even crypto beginners nowadays want to start building varied portfolios right now. However, you’ll need to be able to buy a variety of cryptocurrencies to do so.
Both Binance and Kraken provide USD/crypto trading pairings, allowing various cryptocurrencies to be exchanged for dollars directly on the exchange.
Binance
For international customers, Binance supports over 500 currencies and various stablecoins such as DAI, Tether, and Binance USD (BUSD). It also takes 19 fiat currencies, including the USD, AUD, Hong Kong dollar, Euro, GBP, and Indian rupee.
Residents of the United States, on the other hand, are restricted to 47 cryptocurrencies and only USD fiat money.
Kraken
There are 69 currencies available on Kraken, including three stablecoins: USD Coin (USDC), DAI (DAI), and Tether (USDT) (USDT). It accepts seven fiat currencies:
The US dollar
The Euro
The Canadian dollar
The Australian dollar
The British pound
The Swiss franc
The Japanese yen
The number of coins available to US investors is restricted to 52.
Binance vs. Kraken: Affordable Fee
Binance and Kraken utilize a maker-taker pricing structure, which allows them to charge substantially cheaper costs than other prominent platforms like Coinbase.
At first appearance, Kraken costs seem to be lower than Binance’s, with maker-taker fees ranging from 0% to 0.26 percent vs. 0% to 0.10 percent on Binance.
Binance
Binance’s trading fees are as low as 0.1 percent. Withdrawals are 3.5 percent of the balance, with a $10 minimum.
As is the case with most exchanges, cryptocurrency withdrawals vary by currency.
Binance is the obvious winner when it comes to reduced fees.
Binance Coin (BNB) clients may save funds on trading fees by using Binance’s exchange token.
All customers have to do is keep BNB in their accounts, and fees will be automatically deducted infractions of the currency.
Customers get a 25% discount when paying fees using BNB.
Kraken
Kraken charges a fee of up to 0.26 percent on each transaction.
A user’s activities determine the actual amount over the previous 30 days.
The smaller a trader’s fees are, the more money they trade.
Kraken and Binance both provide mobile applications that allow you to trade while on the move.
Binance
Binance has just one app; however, it has two different modes: Lite and Pro.
The app’s Lite edition has a primary interface that allows you to keep track of cryptocurrencies you’re interested in, make immediate buy/sell orders, and manage your account.
The Lite mode is relatively simple to use if you’re new to Binance or cryptocurrency trading platforms in general.
Advanced traders may utilize Pro mode, which contains several Binance online platform’s charting tools and features.
Full-screen charts with hundreds of technical indicators and depth charts are available.
You may also use Pro mode to access all of Binance’s trading modules, including futures and options trading.
Kraken
Kraken offers two separate applications that fulfill comparable functions to the Binance Lite and Pro versions.
Using the simple Kraken app, you can rapidly purchase cryptocurrency in pre-defined sums such as $20 or $40.
It also provides basic line charts to examine price data without needing to do extensive technical analysis.
The Kraken Pro app is a little more complicated, and it’s not nearly as smooth.
While it has many similarities to the Binance app’s Pro mode, we found the Binance app to be more user-friendly.
Furthermore, having both Lite and Pro modes in one app rather than navigating between two separate applications was a huge advantage.
Binance vs. Kraken: Buying Limits
You can only transact a certain amount of money every day on Binance and Kraken.
Binance Transactions
Your transaction limitations on Binance are determined by how many identity verification procedures you have completed.
You may purchase and sell up to $300 worth of cryptocurrency every day by providing your name, address, and date of birth.
However, your daily purchase limit is boosted to $5,000 when you add an ID to your account and verify it with a recent picture.
You may trade up to $50,000 every day provided you verify your address.
What are Kraken Transactions Limits
Kraken does not have buying limits.
However, it does set deposit and withdrawal limits depending on your account level. Starter account users may make monthly deposits of up to $9,000 and daily withdrawals of up to $5,000.
Pro account members can deposit and withdraw up to $10 million per day or $100 million per month.
Binance vs. Kraken: Wallets
Binance Wallets
The Binance Trust wallet, available for iOS and Android smartphones, is Binance’s cryptocurrency wallet.
Binance supports over 500 cryptocurrencies, including all of the tokens accessible for trade on Binance.
It also supports non-fungible tokens (NFTs) and lets you purchase and trade cryptocurrency right from your phone.
Moreover, the Binance wallet has a Web3 browser that allows you to access decentralized financial applications (dApps).
Binance also allows you to transfer money to anybody, anywhere on the globe, immediately and with no costs.
Kraken
You cannot utilize Kraken’s cryptocurrency wallet.
To be clear, you don’t need a wallet to use Kraken to purchase cryptocurrency.
Because the exchange has built-in storage for users, your coins will remain secure in your account.
More than 95% of Kraken’s coins are kept in cold storage, so you can rest easy knowing that your money is safe.
Summary of Binance vs Kraken Review
It’s difficult to go wrong when choosing between Binance and Kraken as your bitcoin exchange.
Both exchanges allow you to trade a wide variety of coins. You may also purchase and sell digital currencies on margin or trade bitcoin futures.
Specifications
Binance
Kraken
Ease of Use
Complex to understand
Simple to Use
Security
Good Security
Foolproof Security
Trading Fee
Less than 0.1%
Up to 2.6%
Features
P2P Feature Available
Cryptowatch Feature Available
Currencies
More than 500
More than 69
Withdrawal Fee
3.50%
$60
Mobile Apps
One App; Two Modes
Two Apps
Buying Limits
Up to $50,000 Per Day
Up to $10 Million Per Day
Wallet
Available
Cold Storage Available
Binance’s extensive selection of cryptocurrencies appeals to international customers. Residents in the United States, on the other hand, will be less charmed by the lack of options.
However, Kraken provides better transparency, emphasizes security, and offers a reasonable number of currencies for US customers, even with considerably fewer coins for foreign users than Binance.
Binance is a better option than Kraken since it accepts credit and debit card payments, has a larger selection of cryptocurrencies to trade and has cheaper spot trading costs.
Congratulations, you just created your Webull trading account.
But Before you can place your first trading order for that stock or crypto (Shiba inu I guess ?),
you will need first to add money to your Webull account.
This easy simple tutorial will guide you step by step with the process of How to Add Money to your new Webull account.
How To Add Funds to Webull
In order to start trading on Webull for the first time, you will need to deposit funds into your account.
That process is described below and can be done from your Mobile app.
Step 1. Click on the Center icon from your main screen as shown below.
How To Access the Transfer Page on Webull App
Step 2. Select the “Transfers” Menu on the Top on the Right of Orders
On the Transfer page, you will be given the choice to enter your brand new bank account you want to link to your Webull account.
You cannot use credit cards to Fund your Webull account.
Neither can you use pre-paid cards, PayPal or other types of bank accounts at this time.
You will need a checking account to your name.
This is very important because for your first time establishing this bank account on Webull, you will need to verify your ownership of the bank account.
Webull First Time Deposit verification
This can be done in real-time verification or with micro-deposit of $1 .
The second method takes 1 or 2 business days so the real-time verification process is much better.
Webull recently introduced the option to deposit money to your Webull account by wire transfer.
However, given the paperwork associated with it, you will be very likely to make a mistake so I do not recommend it at all unless you absolutely do not have any other choice.
How Much Can you Deposit on Webull Daily?
Your daily maximum deposit from your bank account to your Webull account is fixed to $50,0000.
The verification process described above is in effect for the first time only.
Therefore, for all your subsequent deposit to Webull account, the process is much easier.
How Long Do Webull Deposits Take ?
After you have followed the steps to deposit funds into your Webull account, the Webull team will send you an acknowledgment email that looks like this one below.
Webull Deposit Confirmation Email
This Email will confirm how much money you requested to transfer to your Webull account .
More importantly, you will be advised of the time it takes for your transaction to process.
It takes up to 5 business days. Yikes !
But does that mean that you have to wait until the transaction ahs cleared to start trading on your webull account ?
Can you Trade on Webull Account Before Your Transfer is Completed ?
You guessed it, you do not have to wait until the full transaction between Webull clearing house and your bank settle the funds
The very next business day or on the same day (if you initiated the funding request before 4pm EST) ,Webull is kind enough to grant you Instant buying Power.
The amount is usually a fraction of the money you are transferring from your bank to Webull trading account.
In the example above, $100 was credited s instant buying power before the funds were settled.
While your deposit is still in transit, you have the possibility should you change your mind to cancel your deposit to Webull.
I have not tried this before to tell you how effective this process is but I know that the option is there for you just in case.
Below is the screen capture showcasing how to cancel a Webull deposit while still in transit within five business after initiation.
How To Cancel Webull Deposit (In Transit)
Risks To Deposit Money to Webull
Because Webull provide you with trading capital before your funds are fully transferred to your trading account, there are some risks you need to be aware of.
In the event that your bank account does not have enough money to satisfy the amount of funds you requested, you will be charged a $5 reversal fee by Webull clearing firm.
You may run into this issue if your banks has a limitations on the number of ACH transactions per month.
Please check with your bank to ensure that you are authorized a sufficient number of ACH transfers each month.
$5 Reversal Fee For Insufficient balance
An even worse scenario could be the one where you start trading with Webull Instant buying Power.
Then you lose some of or all of that money and your transfer never settle because of an issue as mentioned above with your financial institution.
Webull will come after you for that money and can even close your account.
You maybe thinking that $5 is not a big deal and you are probably right.
However, may I remind you that you can buy 10,000 Shiba inu coin with $5 !
How To Withdraw Money From Webull Account
Just below the Deposit icon inside the Transfer page of the Webull App, you will find the Withdraw options.
Webull will always tell you right there how much you can withdraw.
all you have to do is to click on Withdraw and enter how much of your available withdrawable balance you want to transfer to your bank.
Notice that it has to be the same bank you linked to your Webull account when you initially setup at the start of this process.
Withdraw Option on Webull
Alternatives To Deposit on Webull
It is always good to have a backup trading account.
Chances are your main trading platform can encounter an outage one of these days.
Webull App and Desktop provide a stock screener to help traders find suitable stocks. From long term investing through swing trading and stock or options day trading, Webull stock screener is well positioned to help you take your trading to the next level. Webull Stock Screener on Mobile App One of the biggest challenge aspiring and veteran traders share with me in my Discord room is how to pick stock to trade. Often, I discover that a lack of a …
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If you are new to stocks or options trading, reading stock charts is one of the most intimidating skills to master. Hopefully, Webull platform introduces very intuitive stock charts. This easy step by step guide will bring you an in depth view into how to read Webull charts so that you can easily focus on growing your account. How To Read Webull Charts | Webull Charts Overview Whether you are using the Webull App or its desktop version, setting up …
The new Webull Trading App offers plenty on new tools and features to help stocks and options traders. In this discussion, we will be focusing on How to Use the Webull Volume Analysis feature. With the intended goal to incorporate this tool into your trading strategy to help grow your account. How To Use Webull Volume Analysis | What Is Volume in Stock Trading Volume in stock trading is the sum of the number of shares sold plus the number …
Webull Options trading has been lacking for a long time. Finally, the platform has decided to step up to its many customers requests and introduce a slew of features in 2021 including Options Tradings. By the end of this tutorial on How to Trade Options on Webull App or Desktop, you will be equipped with the knowledge to set up your Webull options trading App or the Dashboard, access the training course offered on the App version of Webull, take …
So you just signed up for Webull and downloaded the App on your Mobile Device.
You are eager to start making trading on Webull.
But before you do so, you need to learn how to use Webull App for beginner traders or investors.
This step by step tutorial will guide you through all the initial steps so that you can graduate from a rookie Webull beginner to a confident trader who is about to take their account balance to the NExt Level.
Webull App For Beginners | Setting It Up
Before one can walk ( on the moon – smile if you got the reference) , one must learn how to crawl.
In our context, this equates to going through the baby steps of the Webull App.
One such initial endeavor is to choose the market(s) you want to trade on the Webull mobile App.
How To Choose Markets To Trade on Webull App
Webull App currently offers trading in several markets across the globe.
If yours is not available, it is just a matter of time before you are able to enjoy trading on this App.
The United States, Canada, Singapore, Finland, Hong Kong are the main markets you can choose from as shown below.
The Menu to setup your markets look as shown below.
How To Access more markets in Webull App
From there, you can click on the icon on the far right with the horizontal line to unveil further market you can select as displayed below.
Webull Full List of Markets
Market Analysis Using ETFs
A good place to start to get a feel about your overall market is through the ETFs offered in that market.
What Are ETFs ?
ETFS are Exchange Traded Fund that track basket of stocks in a given market.
For instance, in the US markets two very popular such ETFs are SPY (entire 11 sectors of the markets) and QQQ (technology company).
They are heavily traded by most investors and short term traders alike.
To avoid any potential confusion, let’s me clarify that S&P500 is the the same as SPY ETF while QQQ tracks exactly as the NASDAQ.
To access the list of big moving for for each ETF, Click on the ETF, then the chart and select Peers.
The first screen looks as the one below:
Major US ETFs | Down Jones, S&P 500 and NASDAQ
Then after clicking on the chart above the listed three ETFs, you will see the Top moving stocks for your selected ETFs.
In the view below, I selected the S&P 500 for illustration purpose.
S&P500 Top Movers for Nov 2
How To Select Stocks On Webull App
There are over 8000 stocks to trade from in the US markets.
This number does not even take into account the booming Cryptocurrencies.
Therefore, it is a real challenge for beginners to find out which stocks they should be trading.
Where To Find Stock To Trade On Webull App ?
Hopefully, Webull app makes it a little bit easier to navigate by creating the following 3 categories.
1. Top Gainers
2. Top Losers
3. Most Active
You can sort the most active stocks by volume, %Turnover and %Range.
The default view below is by volume with the pre-market % Change below the price.
Webull Most Active Stocks Screener by Volume
How To Build Watchlist On Webull App ?
Creating a watchlist for Stocks may be straightforward for most traders.
However, if you find yourself looking for a good way to track options on a watchlist, then the following short step by step video will help you do just that.
Is Webull Popular Stocks a Trading Strategy ?
Trading and investing is becoming more and more like a social experiment.
Webull and other stocks media platforms are offering traders and investors alike the leverage to finf out what other like minded people are thinking and doing on specific stocks.
What is Webull popular ranking ?
I can understand the value provided by stocks popularity rankings especially for beginner traders.
The market can be quite confusing as first asking when you are trying to get yourself situated.
It is much easier and comfortable to follow the crowd.
According to Webull platform, these rankings are updated evey10 minutes taking into account the following variables: number of comments, posts and views.
How To Access Webull Popularity Ranking
Webull is quick to add that the ranking do not constitute a form of investment advice and it should not be used as a basis for an investment decision.
So what is it for then ??
Anyways, here is how you get to the Webull ranking.
On the page of any stock, click on the “comments” menu to get the view below.
Webull Top Ranked Stocks as of October 31 2021 – 2pm PST
Can you Use Webull Popularity As an Edge in your Trading ?
At the time of the writing of this article, #SHIBUSD is the Top ranked stocks on Webull followed by #DOGEUSDand # BATUSD.
This makes sense given that the market is closed on this Halloween day while Crypto markets worldwide are open.
On a regular’s trading day Monday through Friday, this Webull Top ranked is will provide you with the most watched or traded stocks.
Typically, if a stocks is moving, it is certain to be followed by a great deal of trader and thus its ranking is bound to trend.
Should you and I consider such stock or instrument as a trading edge ?
I put it to the test last week for you and traded CEI bullishly as it was breaking above $2.
Well, my friends that stock violently reversed and put and end to my short experiemnt.
Granted, I could have made a decent return trading puts options on it.
However, this is not part of a strategy I have tested and believed I can consistently get an edge in this market.
Buying full shares on Webull is easier than buying fractional shares.
The order ticket will guide you through this simple process by selecting one of the 4 available order types we are describing below.
How To Automate your Trade on Webull App ?
There are 4 Order Types you can use to trade shares of stocks in Webull.
Limit Order
Market Order
Stop Loss Order
Stop Limit Order
Many traders often get confused with the Limit order.
Simply, it means that you are deciding a fixed limit price you are willing to pay for the stock.
You are willing to pay as much as that Limit, let’s say $10.
If the market price is 9.98, then you can get filled for lower than your Limit price.
If the on-going market price is higher than you Limit order of $10, then you will not get a fill.
Buying Fractional Shares on Webull App
Many stocks are very expensive nowadays.
Hopefully, fractional shares make it possible to buy a small piece of a whole shares.
Imagine that you can be owner of a slice of AMZN stock even with just the price of a movie ticket.
Our full Tutorial on Webull Fractional Shares is available to further scrutinize this investing milestone.
Below is the Full video to show you how you can purchase fractional shares on Webull App.
Trading Options On Webull
I do not use Webull as my primary platform for options trading .
Should you decide to go this direction, I am providing the full review on this blog post titled : How To Trade Options on Webull
In fact, I have this ecosystem of Webull knowledge I strong encourage any beginner trader to indulge on so that you may be closer to mastering the steps of becoming a successful options trader.
In the eyes of many cryptocurrency investors, Coinbase represents the first step into the crypto-verse, which is a much wider realm. Coinbase provides an excellent user experience, particularly for newcomers to the platform.
However, fees on Coinbase might become prohibitively expensive, prompting many investors to seek the top 5 Coinbase alternatives in 2022.
Are you considering making the transition away from Coinbase? Here is a list of the best Coinbase alternatives available right now.
Webull #1 Alternative to Coinbase
Webull Crypto Market
Founded in 2017, Webull is one of the more recent internet brokers, having launched with only a mobile application in May 2018.
This mobile-first launch was symbolic of Webull’s most significant target market: millennials.
With no account minimums, commission-free trading of stocks/ETFs and their options, as well as several cryptocurrencies.
Webull is positioned itself to serve newer and more active traders.
Moreover, those attracted to a platform that offers a wide variety of services for free.
Who Is Webull For?
Webull is designed for investors who wish to enter the financial markets with no minimum account sizes and no commissions.
Given the fact that Webull is not a full-service broker, its customers must take a more hands-on approach to some areas of portfolio management.
Webull consumers have skewed younger than at other brokerage companies.
The broker’s no-cost strategy will also appeal to aggressive traders. Webull’s free options trading will particularly appeal to active options traders.
As other brokers, including ones that have adopted free stock and ETF transactions, such as Schwab, continue to charge commissions on each leg of options trades.
#2 Alternative to Coinbase: Binance
Binance – Exchange the World
What Can Binance Do For You?
Trades wishing to avoid the sometimes-outrageous expenses associated with other brokers or exchanges may want to take a hard look at Binance US, which has among of the lowest fees in the cryptocurrency business.
An extensive spectrum of cryptocurrency traders should find the exchange useful. Particularly those who wish to go further into the industry beyond simply the top few brands.
While the costs are nominal, you might have to pay for them by receiving little or no customer service.
Remember, this exchange is established in the United States, not its parent company, which is based in Hong Kong and operates outside of the nation.
Overall, Binance – the name we’ll use to refer to the company’s U.S. operation – is a compelling method to get started with cryptocurrency trading and investing.
Offerings on Binance Exchange
Although Binance may not have the widest range of cryptocurrencies, it does provide far more than the more general financial applications such as Robinhood and Webull, which have been making inroads into the cryptocurrency market.
With a total of 59 cryptocurrencies accessible on its site, you’ll be able to locate the most well-known brands in the industry.
It includes Bitcoin, Ethereum, Binance Coin, Solana, and many others.
Along with that, you’ll discover dozens of different cryptocurrencies, including several that you’re unlikely to be familiar with.
Who Is Binance For?
To attract as many users as possible, Binance has created a user interface that is simple and straightforward.
The exchange is easy to use for beginners, but it also has enough currencies and features to satisfy the needs of experienced traders as well as beginners.
Binance is a cryptocurrency exchange that I would suggest to crypto traders of practically any degree of experience.
The only people that may have difficulty navigating Binance are those who are new to the platform.
These users are unlikely to have any cryptocurrencies and are unlikely to be familiar with the fundamentals of cryptocurrency trading.
Is Robinhood a Good Alternative to Coinbase ?
In its early phases, Robinhood distinguished itself as a game-changing disruptor in the stock brokerage market.
Its most significant competitive advantage was the fact that it did not charge commissions on stock, option, and cryptocurrency trading.
As a result of the elimination of fees by the majority of the brokerage sector, that advantage has been offset.
Due to a simple design and user experience that emphasizes the fundamentals, Robinhood has created a strong brand and niche market among young, tech-savvy investors despite rising competition on pricing.
In an effort to attract new consumers and improve the financial connection with existing customers, the broker recently introduced cash management services and a recurring investment option.
Despite the fact that Robinhood’s user base has risen at an exponential rate in recent years, the company’s success has resulted in increased scrutiny of the organization.
It has also been under fire in recent months for unexpected outages and purposeful trade limitations.
All of this occurred during periods of high volatility on the market.
Who Is Robinhood For?
With more than 13 million members, the average age of whom is 31 years old.
It is apparent that Robinhood is emerging itself to be the go-to platform for younger investors looking to invest in the stock market.
Even if it means investing in modest amounts through fractional shares.
Because of Robinhood’s inherent simplicity, both the app and the website are clear and simple to use.
If you’re thinking about trying your hand at cryptocurrency investment, Robinhood can assist you.
You will be able to trade Bitcoin, Ethereum, and other cryptocurrencies on their platform. Robinhood has also extended its options trading platform, making the broker a potentially attractive alternative for options traders.
But there are some worries regarding the quality of trade executions.
#4 Alternative to Coinbase | KuCoin
A well-known name in the cryptocurrency sector, KuCoin has succeeded in establishing itself as a leading one-stop-shop for all types of crypto-related transactions and transactions.
In August 2017, the exchange launched with over 200 cryptocurrencies and more than 400 markets.
It has since developed into one of the most vibrant cryptocurrency centers on the internet.
The platform provides bank-level security, a slick interface, a user-friendly user interface, and a wide range of crypto services.
It includes margin and futures trading, a built-in P2P exchange, the ability to buy crypto with a credit or debit card, instant-exchange services, the ability to earn crypto by lending or staking via its Pool-X, the opportunity to participate in new initial exchange offerings (IEOs) via KuCoin Spotlight, and some of the lowest fees.
KuCoin – People’s Exchange
Who Is KuCoin For?
A vast range of coins, including lesser-known cryptocurrencies, as well as significant profit-sharing incentives – up to 90 percent of trading fees are returned to the KuCoin community through the use of KuCoin Shares (KCS) tokens, make KuCoin a popular choice among investors.
After experimenting with KuCoin for the first time, I was pleasantly surprised to see that the site is really user-friendly. In my opinion, everything from placing a deposit to concluding a deal is rather straightforward.
Aside from casual traders, the KuCoin exchange is a fantastic choice for more professional traders. Since it offers a variety of tools for analyzing pricing trends, such as candlestick bars.
The typical trade volume at KuCoin, on the other hand, is in the tens of millions. It is significantly lower than that of larger exchanges like Binance.
Crypto.com | Another Alternative to Coinbase
The cryptocurrency platform Crypto.com may be suitable for you if you’re seeking an economical, all-in-one cryptocurrency platform.
The more the amount of Crypto.com coin (CRO) you are able to stake, the greater the number of rewards you will receive from this exchange.
The crypto exchange is a strong low-fee option even without the CRO incentives. Moreover, it has over 60 cryptocurrencies available in most of the United States. Especially if you wish to utilize a crypto debit card.
Who Is Crypto.com For?
The exchange is one of the most cost-effective fiat-to-crypto gateways available. Using the exchange to trade cryptocurrencies will incur a tiny maker/taker charge, which you will pay out of your profits.
A decentralized cryptocurrency exchange, on the other hand, is provided by the DeFi wallet, which allows you to trade cryptocurrencies with other users.
Crypto.com Is the Ultimate Trading Platform for Crypto
It’s possible that the trading interface on Crypto.com will be overwhelming to those who are new to cryptocurrencies.
When you try to be everything, it’s normal to become overwhelmed by the amount of information on your website. There’s a lot to take in and a lot of jargon to learn, especially if you’re just starting in industry.
Even with the relaunch of the website in 2021, there will be a great deal to do. Any website that contains a large number of items and services is likely to be tough to browse through.
Summary
Below is the comparison of the top 5 best crypto market alternatives of Coinbase in 2022. The comparison is based on two major factors, the fee per trade and account minimum.
Shiba inu coin is the latest crypto currency to take the investing world to the next level.
In this tutorial, I will show you how you can easily buy Shiba inu coin on Webull.
Plus, I have a free Shiba Excel Calculator you can download to help you manage your investing in Shiba crypto.
Can You Buy Shiba inu Coin On Webull ?
Webull offers traders and investors to buy crypto on their trading paltform.
In fact, you do not even need a ton of money to get started in investing in crypto on Webull.
With as little as $1, you can become owner of shares or cons of you favorite crypto today.
Which Crypto Coins Can you Buy on Webull
As of this writing, Webull offers you 15 different Coins you can trade.
These range from Bitcoin (BTCUSD) , Dodge, Ethereum , Shiba inu (SHIBUUSD) , Dash, Litecoin just to name a few.
Available Crypto Coins tradable on Webull
Is Trading Shiba inu Coin on Webull Safe?
Webull warns every investor in crypto that the clearing firm the used called Apex Crypto is NOT FDIC insured therefore you must understand the risk in this investment.
Nevertheless, should you decide to assume the risk, let’s introduce a simple Shiba inu coin calculator you will need to buy Shiba coins.
Buy Shiba Coin on Webull Using My Free Calculator
I introduced this free calculator to help you determine how many Shina coins you can afford with your budget.
You simply enter the Dollar amount you want to invest and my Excel spreadsheet gives you how may coins you will get with that money.
Otherwise, you will have to guess every time how many coins to enter on your order form.
Here is what it looks like:
Easy Shiba inu Coin Excel Calculator to Buy Shiba on Webull
The chart on the right hand side of the Shiba inu coin calculator gives you a quick answer to the question : How many Shiba inu coins can you buy for different investment amounts.
For instance, we can quickly glance that with $5, you can buy over 70000 coins of Shiba inu coins.
Watch Me Buy Shiba inu Coin On Webull Live
I recorded a Live purchase of Shiba inu Coin on Webull today.
Here is the full video for you to follow Along.
When on the Webull order Ticket for Crypto, the ticket has a button with a percentage of your buying power.
Let’s say to have $100 of buying power on your Webul laccount.
If you want to buy Shiba inu coin, you can slide the cursor to signify that you want t ouse 10% of your buying Power for this transaction.
10% of $100 is $10 and therefore you will expect using the above Shiba inu Excel calculator to buy over 140,000 coins of Shiba.
How Much Is a Shiba inu Coin ?
To help you up to the minute Live quotes on the the price of Shiba inu, here is a Live Chart you can come to and follow along regularly.
This daily chart of Shiba inu auto update and you can follow the technical indicators for Shiba inu right on it.
The price of Shiba inu coin which you can track from our above auto updatable chart is so attractive compared to any potential upside, it is a no brainer of an investment.
You can start with as little as $1.
The Excitement of it is that you will quick hold millions of Shiba inu coins with just a few hundred dollars.
