People often ask me what the simplest way to become a profitable traders is. I think deep down everyone already knows the answer before they even ask the question, yet they ask anyway perhaps hoping for a different answer.
The truth is, becoming a profitable trader is not simple at all, it takes time, money, [...]
People in this trading business generally have the most important question is how to make good buck from these available trading options. Many traders have the strategy to make a data base regarding the market, which will be peripheral to the market data, just like the weather report and also they will make data on [...]
I bought DNDN shares last month at about $4.00 and less than a month later, I sold it for $21. Yes, that’s 425% profit in less than a month. Was that pure luck? How often has that happened to you? What if I told you that luck has nothing to do with this and that [...]
All Portfolios Should Contain a Percentage of GoldAnyone who can afford to should own gold. There are many legal ways of having gold, however, it comes down to either physically possessing it, or owning shares on paper. Most experts agree that taking physical possession of gold is a good idea as a bet against inflation. [...]
Software that Fights Insomnia There are two definitions for the word Forex. It is, along with FX an anagram for foreign exchange market which trade’s currencies. In a forex trade, you buy one currency while simultaneously selling another – that is, you’re exchanging the sold currency for the one you’re buying. The foreign exchange market [...]
Between Day Trade and TrendsIf you are not a day trader or long term investor, you are a swing trader. It usually means you are holding on to a stock for at least a few days, but not more than a few weeks. Swing trading is traditionally considered a low risk venture, especially for thosewho [...]
You Don’t need a Crystal BallOne might say that there has to be some kind of mystical knowledge being used, considering the price for the commodity doesn’t yet exist. Commodities are any physical, tangible goods, such as crops like corn or wheat, to oil, gold, and currency, just to name a few. The futures market [...]
These Fundamentals Aren’t TechnicalI believe in order to lay a solid foundation for successful trading, there are three basic fundamentals you must adhere to. The first is knowledge. There are only three things really that separate us from an expert. Training and experience comes after knowledge. Knowledge comes first, and expertise is accomplished through experience [...]
Day Traders Conduct Intraday Trading Intraday is really a made up word by those so-called experts who lump all online traders into the bag of day trading. For the sophisticated observer it is plain to see the obvious differences. A day trader rides the rush of the asset, while a swing trader diagnosis the trends [...]
Are You Really Researching Day Trading? As the market rebounds from crash in ‘08 and the early decline of 2009, more and more online investors are once again turning their sights to day trading. I wonder, when Edison invented his ticker tape machine, if he could foresee the future he helped to create. The tape [...]