A lot of people think that investing in the stock market is risky. And it is – if you don’t know what you are doing. Because the truth is anything is risky if you don’t know what you are doing. With the worldwide recession going on today the stock market is seen as an even...
The risk lies at the very core of trading. Without risk, the profit would not be possible. On the flip side of the coin, because of that risk, there is the danger of big losses befalling you. However, as necessary as taking risks is if you’re to turn a profit, by using stop losses intelligently,...
Over the last few years, gold has experienced a sudden price spike, similar to what occurred in the 1980s. As of today (Nov 3, 2011), gold sits at $1762 an ounce. This is down $134 from an all-time high of $1896 (on September 2011). Experts are mixed as to whether gold is teetering on the...
If forex traders were told that there exists a 100% profitable trading strategy, most of them would treat this information quite skeptically. However, such kind of strategy really exists, and it is called martingale. It was devised for gambling chiefly. As far as gambling is concerned, martingale refers to any gambling system in which the...
There are several online trading services available on the web today. A beginner investor is therefore often confused about which tool and service are best to use. I am presenting some of the tools and services I use that have proven to be very helpful to me. Virtual Trading for Beginners The first tool I...
Imagine receiving a letter at the start of the month predicting that the stock market will rise. Just another cold sell so you bin it and probably won’t recall it when the market does indeed rise. Then the next month, a similar letter is received but this time it says the market will fall. This...