The good news for Apple investors is that it is one of the hottest companies in the world and should continue to grow as it continues its dominance of the tablet market. The bad news is that everybody already knows that. The chart of Apple is one of the clearest due to the massive volume […]
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If you want to win in trading you must have an edge. What is your edge? Trading Method Edge: You first have to have a method with a positive expectancy. This is not necessarily just a winning percentage. You simple want to win more money when you are right than you lose when you are
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Who is Nicolas Darvas? Who is this guy that even William J. O’ Neil founder of ‘Investor’s Business Daily’ says his book is recommended reading for anyone wanting to learn to trade stocks? Darvas first became interested in the stock market in 1952 when he received some mining stock in exchange for performing in a
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At 56, Paul Tudor Jonesis a self made billionaire with a net worth of 3.3 billion and is ranked as the 336th richest person in the world, he knows exactly how to trade the biggest money for the biggest returns. One of Jones’ earliest and major successes was anticipating and trading through Black Monday in
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For a moment let’s put aside our personal opinions about George Soros and his politics and just look at what he has to say about how to trade successfully. On September 16, 1992 – later dubbed “Black Wednesday” — the day the British government abandoned the European Exchange Rate Mechanism (ERM), and the pound
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Bennett McDowell has written a very useful and insightful book for traders who want to get serious about their trading. . He takes the trader through every step they will need to consider when turning a favorite hobby into a money making business. Like any business you will need to write a defined business plan
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You better be managing risks on days like today, when the Dow Jones Industrial Average rockets up almost 500 points due to announcements from central banks. Shorts were punished once again, not by the normal market functions of supply and demand or emerging trends, but government interference. Such is life in the markets and trading.
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Eighty-four years ago, on Thursday, November 28, 1940, Jesse Lauriston Livermore entered the Sherry Netherland Hotel, where he took a seat near the bar and enjoyed a couple of old-fashioneds. After an hour, Jesse Livermore got up and went into the cloakroom, seated himself on a stool, and then shot himself in the head with
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Oh my! Europe may implode! The euro may become worthless! Many European countries could go bankrupt! Do I go long? Is this support? Do I short based on fundamentals, surely the market will be going lower, right? Do I scoop up hot stocks at a bargain? What should I do? Follow your system, methodology, and
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Have you ever heard of the legendary Turtle traders? Legendary millionaire trader Richard Dennis set off to find out if traders were just born to trade or if they could be trained to be successful in the markets from scratch. The answer? If they could follow rules they could be successful. Founder of the ‘Turtle
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