Global Funds & Investment News
ETF Trend Trading & Investing can be an intimidating process. Many of us would prefer to leave the “heavy lifting” to someone we perceive as a professional and check in occasionally to see how we are doing. This approach can be profitable depending on the personalities involved.
More likely, though, we are missing opportunities in the market on a daily basis. Continue reading ‘Characteristics Needed For Successful ETF Trend Trading’ »
Two widely followed market experts have fundamentally conflicting outlooks on the current market. One says bull, the other bear. Who should be believed? This is a question that runs right to the heart of trading psychology.
The Bullish View
Abby Joseph Cohen, the Goldman Sachs senior market strategist, said yesterday that “We do think the new bull market has begun.” The Wall Street Journal says she is calling for the S&P 500 to reach 1050 to 1100, based on an improving economy and corporate profits. Continue reading ‘Trading Psychology – Why Following the Experts Harms Our Trading Psychology’ »
Their claims are backed up by credentials, history, and client testimonials. They explain that they’re almost near the cutoff, as they don’t want the information getting out to too many investors, and offer you a $1 trial for two weeks.
Yet once you actually sign up for the newsletter, all you get is half-baked information and uneducated picks. You try to cancel your “trial,” and you find getting your subscription cancelled is nearly impossible. As unscrupulous as this sounds, this type of day trading newsletter story is all too common in the day trading world. Continue reading ‘Day Trading Newsletters – Another Dirty Business?’ »
David interviews Mark McRae about why he does other things besides simply the business of trading.
Mark: I remember there was a friend of mine who wanted to get into trading, and he wanted to know if it was hard or difficult, and I said to him, “I’m actually psychic. I’ll prove it to you, I’ll show you how easy this market is.” It was the first Friday of the month, and it was 8:30, New York time, and I put him down on the market and said, “In thirty seconds, this market is going to shoot up — or down, but it is definitely going to go one way”, and he said “I don’t believe you.” Continue reading ‘Lifestyle Behind the Business of Trading’ »
The following strategy is used to get into trades intra-day that have shown a propensity to move in a certain direction. In other words, they have momentum. While this is a day trading strategy, it can be used to enter longer-term positions at an intra-day point where the stock (it also works with other markets) is showing it is continuing to carry momentum in the given direction.
Here is the strategy:
Buy (sell) a momentum stock after it has moved higher (lower) than its morning high (low) after the first pull back from the morning high (low) has taken place. Trades should not be entered in the first 15 minutes of the market open with this strategy. All trades should be in the direction of a longer term trend. Continue reading ‘Day Trade Momentum to Maximize Profits With This Strategy’ »
Financial Spread betting is a kind of financial speculation that enables global market traders to make profits regardless of whether the market prices move up or down. Those who trade in individual shares, bonds, stocks, crude oil, currencies as well as precious commodities like gold can use spread betting to increase their chances of getting profits.
There are many benefits associated with financial spread betting. One, the profits you get through this type of trading is completely tax free. Secondly, you do not have to pay any unnecessary commissions. However, you will be required to pay some money to the betting company based on the spread, that is, the difference between buying and selling price.
Another benefit is having access to most of the global markets 24 hours, 7 days a week. You can do your stock trading in multiple markets through only one account. You also get to choose the currency you think is most appropriate for you, thus you will be saved the trouble of having to pay for currency exchange. Financial betting allows you to bet on movement of the market prices. You can go long or short, but either way, you can make a lot of profit if the market prices move on the direction of your bet. Continue reading ‘Introduction to Financial Spread Betting’ »
There are a variety of answers to this question, but the simplest answer is to never risk more than 5-10% of your account on a given trade. I enjoy watching YouTube videos where the traders are trading hundreds of contracts at a time, and the videos always show them making a great return on a one or two point move. Oddly enough, the videos of these high rollers never show them getting blown out of the bottom side of a trade. I have to assume that they ALWAYS pick winning trades since those are the one type of trades they publish.
And that is the silly thing about videos showing traders making $10000 a trade. In my world, you would need about a 2 million dollar account to risk that sort of capital on a single trade. Now there are plenty of traders out there with far more capital than two million, but they aren’t posting their trades on YouTube. Why would they? Continue reading ‘How Many ES Or YM Emini Contracts Should I Trade’ »
Trading well in the stock markets is left to those with the best discipline.
And the Art of Scalping could be the most under rated form of day trading discipline.
The day trader who scalps for no more than 10% and then sells regardless will never go broke, he or she won’t ride the big waves of course, but think of it this way Continue reading ‘Canadian Stock Alerts – The Art of Scalping’ »
If you are day trading and looking for the highest return investments one often overlooked alternative is the binary options trade. In its simplest form the binary option pays out typically at least sixty percent return on investment. Given the holding period on these trades is less than an hour the equivalent annual yield on such a trade is not even calculable. There are risks associated with these investment positions, such as the possibility of an entire loss of capital on a trade – but then again what stock doesn’t pose that risk these days?
Day Trading Options in the Binary Option Market Makes for One of the Highest Return Investments Continue reading ‘Day Trading Options For the Highest Return Investments’ »
A day trading course can turbo charge your path to profits. Or it can bankrupt you faster than you ever thought possible. The problem with a bad course is not the initial money spent. It’s the potential to lose 10’s of thousands in the market in a very short space of time.
What you are really buying when you purchase a day trading course is TIME. Most people don’t have the cash to bankroll the time needed to learn the markets. Continue reading ‘Day Trading Course – How to Avoid Nuclear Fallout by Selecting the Right Course at the Beginning’ »