Anyone can flip a coin. Chances are that we have spent a few minutes and pounds watching and waiting for which side up it will land. Now, what does that have to do with Forex Trading you ask? Well the answer is quite simple, unless you take time to add some structure to your trading, whenever you boot up your P.C. and click on the icon for your trading platform, you are simply tossing the coin. So with this, in mind we introduce...more
Stocks were generally higher throughout Asia. Australia was up 1.6% on the session, the Nikkei added 1.4%, and so too did Shanghai as it reopened for business on Monday after a few days off, and the Hang Seng was up one percent. European indexes are currently mixed, but with small changes; the Footsie is essentially unchanged and the Dax is up a slight fraction. US stock futures are up just a few ticks as I write. *The August...more
Are there limits to logic? If markets behaved logically the underlying logic would eventually be discovered, traders would make excess profits, and the markets would breakdown and cease to exist. In general, new traders believe that rational and logical ideas should make profits when applied to markets. But more experienced traders rely less on logic and the rational. Experienced traders accept chance and probability as the primary determinants of trading models. Armed with this knowledge they understand the odds of the game and use a disciplined money management system to minimize risk and maximize profits. Probability and chance not only drive our trading models, they also occur spontaneously whenever we set out to find or discover something. Louis Pasteur once stated that, "chance only favours invention for minds which are prepared for discoveries by patient study and persevering efforts." In regards to trading this means that traders need to study the markets as much as possible, be persevering, and eventually a useful trading idea may occur. It takes a long time and it is not easy. Creativity involves a mix of conscious and unconscious thoughts...more
Are you a Forex trader who works with traditional percentage allocation software? If the answer is ‘yes' then, you're probably wasting your time. And we all know in the trading business, time is money. So save both by downloading Multi Account Manager software from Tradeview Forex.To trade using a manually allocated managed account,...more
The world of options is an exciting one. Unfortunately, many stock market traders and investors miss out on trading options because they do not understand how they work. It is understandable. When someone explains options to you for the first time, you might shake your head and decide to stick with mutual funds. But like anything...more
Stocks in Asia were generally weak overnight. The Nikkei and Hang Seng both dropped about one percent, Shanghai lost 0.6% and Australia was down a slight fraction. European indexes are little changed at the moment, with the Footsie off by a quarter percent and the Dax up by one tenth of a percent. US stock futures are essentially unchanged. *German states are releasing the September readings of their Consumer Price Index this morning, some of the reports include: Saxony +0.1% on a month on month basis and +1.5% year over year; Br4andenburg -0.3% and +1.0%; Hesse -0.1% and +1.1%; and Bavaria -0.3% and +1.4%. The national CPI report is due out later this morning; the EU Harmonized version is expected to fall 0.2% on a month on month basis and +1.3% on a year over year basis. *The final reading of the UK's Q2 GDP was unrevised at +1.2% on a quarter on quarter basis. *There continues to be some discussion this morning about the WSJ article out yesterday afternoon that says the Fed is considering an incremental approach to further quantitative easing rather than announcing a predetermined amount; it is a strategy that is favored by St. Louis Fed boss Bullard in...more
The Penny Stock Prophet——another hand for you to make wealth. Do you have this time when you come across a chance, you fell deeply troubled, because you have no idea that the chance means an opportunity or a crisis. To make the...more
The Penny Stock Prophet——another hand for you to make wealth. Do you have this time when you come across a chance, you fell deeply troubled, because you have no idea that the chance means an opportunity or a crisis. To make the...more
The Penny Stock Prophet——another hand for you to make wealth. Do you have this time when you come across a chance, you fell deeply troubled, because you have no idea that the chance means an opportunity or a crisis. To make the...more
The Penny Stock Prophet——another hand for you to make wealth. Do you have this time when you come across a chance, you fell deeply troubled, because you have no idea that the chance means an opportunity or a crisis. To make the...more
Forex forex trading holds a powerful appeal to many people today. It's true that people have change into rich by investing within the forex market. Yet, one should be aware that forex trade can even lead to substantial financial losses....more
Covered Call Options ScreenerCovered call writing strategies are ideally suited to stocks which have good fundamentals and are also on the rise. Let's assume you have adopted a strategy to write "out of the money" call options...more