The relative strength indicator is one of the most commonly used technical analysis tools available. Unfortunately it is also one of the most misused. The RSI was a tool developed by famed market technician Welles Wilder during the 1970’s as a way to determine whether a market was overbought or oversold. The formula is rather [...]
How difficult is it to make money trading the Forex market? How much time does it take to actually be able to make a living trading the Forex market? These and other important aspects of trading are to be discussed in this article.
Always Place Stop-Loss Orders
The most common and important risk management tool in forex [...]
These days everybody wants to know how to make the money back that they lost in the stock market. Clearly the answer isn’t to trust a financial adviser because they are likely the person who lost your money to begin with. Seventy-percent of mutual funds under perform the S&P 500 and over the last two [...]
Owning stock has only two, maybe three, possibilities. The stock goes up. Or the stock goes down. Or, as a third possibility, it does a little of both. If you buy a stock, all you want it to do is go up.
If you sell a stock short or close a position (or consider buying it [...]
It was a strange sight in the past to witness customers exchanging stacks of money with their agents at public places such as the international bus terminus, prominent official buildings or even at the airports. These agents were prepared to sell you the foreign currency that you want with a little profit given to them. [...]
If you are like most people, in these times of economic uncertainty you are looking for a way to earn extra money, that doesn’t take a lot of time, preferably from home and that doesn’t require a lot of capital to get started. If you fall into this category then options trading might be just [...]