People I know like friends and family who are not traders have been trying to tell me where the bottom is in this stock market and that this is a great opportunity to buy this drop quickly. This started 4 weeks ago and is ongoing. Thinking buying low and selling high is an easy thing […]
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Being bearish means that you believe the market is going to fall, being bullish means you believe the market is going to rise. Here is the difference in bearish versus bullish sentiments. Here is what causes bullishness: Bulls believe that company earnings and sales will continue to go higher. Bulls believe the government has created
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Here are the current updates of news on the Coronavirus outbreak. Italy continues to see a massive increase in coronavirus cases with 3,497 new infections and sadly 175 new deaths yesterday alone. Total Italy counts are 21,157 cases, 1,441 dead, with a 6.8% death rate. Spain declares nationwide lockdown due to the virus, closes all
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Money is any accepted unit or verifiable ledger that is used and accepted for transactions of goods and services, payments on debts, or tax collections inside a specific geographic area, nation, or union. Money is defined as anything that functions in two way transactional exchanges, it can be measured in units in an account, deferred
While many traders love volatility and need it to trade in their timeframe it creates as many risks as it does opportunities. If you are on the right side of volatility you can make a lot of money but being on the wrong side will cost you dearly. Here are the top 10 dangers that
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Here is an update on the current Coronavirus events as of March 12, 2020. It’s official: World Health Organization declares the coronavirus outbreak a global pandemic. Overnight the S&P 500 index futures were halted at 5% locked limit down. Today the stock market was halted for 15 minutes as it hit a circuit breaker after
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Moving averages are primarily used as trend indicators and trend filters. They are quantified technical trading indicators that can be used for backtesting and signal creation. Using moving averages to capture profitable trends are only one side of their usefulness. What enables moving averages to work as profitable technical trading tools is their ability to
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With the recent historic volatility in the stock market I thought it could give some perspective to look at both the largest point drops on the Dow Jones Industrial Average in history along with the largest percentage drops in history. Points are not the same as percentage as the Dow Jones is higher the points are
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The term “bear market” is used to describe a downtrend in a financial market. The term can be used for a whole market or just to identify a specific sector, commodity, or stock. The term has been thought to be used to describe a falling market because the bear claws in a downward motion when
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Downtrends are timeframe specific so look for these signals on the timeframe you are trading whether it is intraday, daily, weekly, or monthly. Here are the ten signals that show a chart is in a downtrend. Most downtrends start with a gap down in price, some gaps fill before going lower but it usually is
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