commodity trading

February 26, 2008

  • Day Trading - The Need To Study

    Trading financial markets is like any other discipline; the more you study it and become an expert in it, the better you get. Too many people want to jump into online trading and blow their money before they even know what they are doing. They perceive forex trading or stock market trading as a quick and easy way to riches and figure they can jump in with minimal preparation.

    This is why beginner traders are susceptible to the latest forex trading or commodity trading “sure-fire” system that some guru out there is selling. After all, what could be easier than forking out some cash and buying a trading system “guaranteed” to make you big profits?

February 25, 2008

  • Pyramiding Your Trades

    In trading financial markets one of the least understood profit strategies is the art of pyramiding. (…)

February 15, 2008

  • Day Trading: THE Most Important But Overlooked Secret…

    Truly successful day trading is dependent on ONE often overlooked factor. Strangely, it's NOT the specific market you choose to trade; be it forex, stocks, bond futures, options or any combination of these. It is NOT the timeframe, i.e. day trading vs. long-term investment. It definitely is NOT how much capital you have got in your broker account. And, strangely enough, it's NOT even how reliable your trading information is, whether technical charting or economic fundamentals, or some combination of the two…

February 14, 2008

  • A Trading Journal Will Accelerate Your Progress!

    As with most other areas of life, an excellent way to rapidly improve your Online Trading is to record your trades, review them regularly, and then make improvements based upon the lessons you learn and the feedback you gain.

    Doing this will rapidly accelerate the speed at which you both learn and improve, be it forex, stocks, bonds or commodity options.

February 11, 2008

  • Online Trading Mental Focus

    Simply because you CAN trade any financial market – be it forex, stocks, futures, or options trading – does NOT mean that you should be involved in trading several or indeed many. In truth, the modern trader is confronted with a wealth of diverse opportunities. Moreover, with the 24-hour forex trading now a reality, you can now trade virtually whenever you wish throughout the business week.

January 28, 2008

January 18, 2008

  • Day Trading - Be Independent In Your Trading

    In day trading, the ability to be independent is even more important than in other life arenas. That is because in the day trading arena, there is no such thing as “absolute truth” and there is no end of opinion, conjecture, rumor and fantasy. Hope and Greed play their part too, and overall create a landscape of illusion wherein a person with no independent opinion of his/her own will be swept away to rapid destruction…

January 11, 2008

  • Day Trading - Don't Lose Your Trade Capital!

    Novice day traders have little idea how to manage their trading risk, even as a concept. The typical pattern is that they put on a trade based upon some fairly poorly defined criteria, and when the market eventually moves against them, they are clueless as to when to get out of the position. Instead, they will typically let the trade worsen until it is eventually too painful to retain.

    The experienced trader, however, places risk management at the heart of the entire trading plan from the very beginning…

January 7, 2008

  • Online Trading: Why I HATE Economists!…

    During my investment banking career, economists were for me public enemy number one! I never saw what the big deal was about. Most of what they say is completely unprovable. It is always after the fact, and their explanations of forex, stock market or commodity market moves are always retrospective.

    The essential problem is that these economic pundits are providing reasons AFTER the fact for why the market has done what it has already done, and they always look good riding on a trend that they imagine is likely to carry into the future.

December 27, 2007

  • Online Trading: Dealing With Distraction

    The key point to come back to is that Online Trading has to be a business, if it is intended to be your primary source of income for yourself and your family. (…)

December 26, 2007

November 20, 2007

October 19, 2007

  • October 19th: Stock Market Crash 20th Anniversary

    Hello,

    Today is the 20th anniversary of the stock market crash, the so-called Black Monday. It also happens to be the 20th anniversary of the day I commenced my career in Investment Banking! (…)

October 15, 2007