10 Steps To Professional Day Trading
Everyone trades a little differently. The trading method outlined below is MY personal approach to trading. This method has worked for me for the last 20 years, and has helped me to avoid big draw downs since the mid 1980's. My trading strategy has helped me to make a good living trading.
It takes some time to learn my method of trading because it's based on tape reading and getting a "feel" for the market. This is *not* about a fast,easy formula to "get rich quick" while you sweat out...
10 Winning Investment Tips To Guarantee Trading Success
If you have any experience with trading or even if you don’t, here are some tips that I have learnt from one of the roughest schools in life. What school would that be? Why that would be from the school of hard knocks. Yup, the lessons learned were painful and expensive but the lesson got across very well. So hopefully, this report will save you the pain and financial lessons I had to endure.
If you have been trading or planning to start and have wiped out an account, don’t be dishearte...
A Guide To Forex
Forex or the foreign exchange of currencies, as facilitated by forex brokers and banks, has become an integral part of business operations in this new age of globalization. Although the U.S. dollar is still the preferred tender in the world market, U.S. companies, or dollar-earning enterprises, may have to trade their dollars for other currencies to facilitate faster business transactions in foreign countries.
Most big international conglomerates that operate corporations and plants all...
A Guide to Forex Trading
It might be surprising for you to hear, but the stock exchanges are far from being the world’s largest financial market even though the media gives the majority of their coverage to the Dow Jones and the NASDAQ.
In fact, the forex market is now the leader in size with over almost $2 trillion in currencies traded daily.
Indeed, ever since 1973 when currencies were permitted to float freely, the forex market has been increasing in volume. While once almost exclusively the pro...
A New High
New highs. There is a difference between a new high and a 52 week high. Let me explain.
A new high is just that, a stock that has achieved a price level it's not seen before. A 52 week high is "just that" too, it's a stock that has reached a level not seen in the last year. Are either important? Yes indeed and here's why. People for the most part like to travel in packs, go with the flow, follow the leaders. So, as mom and pop America settle into their lazy boys in the evening and open ...
A New Wave Sports Arbitrage Trading
Sports arbitrage trading is starting to spread across the internet like wildfire. If you haven’t heard of it already, it’s not a new concept but the possibilities seem endless. Sports arbitrage trading is not to be confused with gambling which carries risk.
Arbitrage trading does come with a risk, but the risk is much smaller than actual gambling or betting. Sports arbitrage trading is when a two bets are placed on the same sporting even with different bookmakers. Because the odds a...
A Simple Relationship to Put Money in Your Pocket
Every US based worker that has attended a 401K planning seminar has heard the same lecture. Diversify your money between US based Large, Mid and Small Cap stocks then mix in some International Stocks and Bonds. Your percent allocation to each sector will vary depending on your age. It must be sound advice if some many professionals agree on this approach. Most will follow this advice tweaking it every now and then. However, with a little more understanding you can outperform those advisors.
AMGN Chart – Protective Put Example #2
NOTES ON AMGEN (AMGN)
Protective Put
1. With the use of Technical Analysis, Amgen is identified to be
poised to break down through a technical support as determined
by a line drawn through three bottoms points, occurring in
January 2002.
2. Then, in May 2002, the stock breaks down below the support
line indicating an upcoming drop to a new, lower trading range.
3. The stock begins to consolidate at around $46.00, and
attempts to rebound. A protective put...