Fibonacci Trading is based on using a widely used leading technical indicator called Fibonacci retracements. Fibonacci retracements can be used across all types of securities whether it be futures, stocks, or Forex and can be applied to any timeframe on a chart whether you are a short term or long term trader. Fibonacci retracements originated …
The headline of this post sounds a little “sensationalized” but it is the title of a trading book I recently finished reading. There are a lot of trading books out there and many of them are hard to digest but this book “What I learned Losing A Million Dollars” is excellent if you want insight …
There are quite a few stock order types and it can take a while to remember the differences between them and even which one to use above and below the current price. First off, lets start with the basics. First off, a quick tip : The image to the left (Sorry about the poor graphic …
An important trading lesson is to evaluate your return on time. It is so easy when you are getting into trading or even if you already trade for a living, to surround yourself with trading sources like twitter trader feeds, instant chats, trading forums, and overall market or trading information. It can be hard to …
In a past post I wrote about the very shady market of Penny Stock newsletters and penny stock promotions. I posted about the featured stock they were promoting in the newsletter where they advertised it should go from the current $0.80 per share price up to $44.28 per share and that you had to act …
The ADX indicator is a very useful indicator for determining strength of trend. ADX is based on a moving average of price range expansion(The most common setting is 14 days). I am not a big fan of using lots of chart indicators but ADX(also called “Average Directional Index”) can be useful. Lets quickly about what …
With the final stretch of elections that we are going into people and the USA stock market at 4 year highs, there is a lot of news out there about which way the market will go after elections and what will occur in 2013. I read this story today that interviews Jim Rogers, who is …
My experience with Zeek Rewards that was shut down the the Government this week, and what you can learn from my mistake,
In previous posts I have written about the risks of following stock investing hype and anything that claims unrealistic results. I understand that people are initially drawn to the stock market as a way to make quick money and easy riches, but everyone soon realizes there is NO Easy Button to push when it comes …
Most people are drawn to stock trading when they see headlines of the latest “hot” stock up 300%. While stock trading can be extremely rewarding, it still takes time to learn the “ropes” and treat it like a profession. Since I have never really done a stock trading for beginners post, I thought I would …
