Financial freedom is when you no longer rely on paychecks from your job each month to pay your bills. You are independent from a company and a boss, you make money on your own terms or have enough money to pay your bills in perpetuity with no need for more. When you achieve financial freedom […]
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While modern traders are spoiled with the ease we have of seeing moving averages on our charting platforms in an instant, older traders had to calculate them for their self and update their own charts by hand drawing them daily before the days of better computing power and software. Many believe this gave them a
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When asked to name the greatest invention in human history, Albert Einstein simply replied “compound interest.” Albert Einstein is also credited with saying: “Compound interest is the 8th wonder of the world. He who understands it, earns it; he who doesn’t, pays it.” Compound interest or compounded returns is when your money makes money on previous returns or
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Symmetrical Triangle Pattern Chart Facts: The symmetrical triangle is a neutral chart pattern that usually forms during a trend as a continuation pattern of the existing trend. Sometimes an symmetrical triangle pattern will form as a reversal pattern as a trend comes to an end, but they are usually continuation patterns of an existing trend
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Chart Facts about the Descending Triangle chart pattern: The descending triangle is a bearish chart pattern that usually forms during a down trend as a continuation pattern. Sometimes a descending triangle pattern will form as a reversal pattern as an uptrend comes to an end, but they are usually continuation patterns in a down trend.
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Margin trading is when your broker adds buying power to your account to increase the size you can trade and the quantity of trades you can make. Margin can be used to add leverage to your trades or faster turnover on your trades without having to wait for them to clear after entering and exiting.
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Mutual funds have existed in the United States since the 1890s. Most of the first mutual funds had a set number of shares and were closed-end funds that many times traded at prices that were higher than the composite of the portfolios of stocks they had as holdings. Open-end mutual funds that had redeemable shares were
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This is a Guest Post by Jake @TrendSpider. In this weekend’s analysis, we take a look at the broad market ETF’s as the market continued to grind up to create new “All-Time Highs” and then pulled back to close slightly down for the week. Don’t miss the Sunday Chart’s LIVE show on at 9 AM this
Key Ranges and Breakouts on the Charts: $SPY $QQQ $IWM Read More »
An ETF is an exchange traded fund that trades on an exchange like a stock but holds a collection of assets that try to mirror a stock index, sector, commodity, bond, currency or investment style. Unlike a mutual fund an ETF can trade any time the stock market is open until it closes and even
WeWork was founded in 2010 in New York City, it leases office buildings then plans and creates offices with services for companies and individuals to use as work spaces. The We Company is the parent company of WeWork. In August of 2017 We Work had a $21.2 billion valuation. WeWork lost over $2 billion in operations
Current WeWork Valuation Read More »