+3.6k As Market Bounced 900 Points Off Yesterdays Low! What’s up everyone? All right. So after yesterday’s 1,000 point drop in the market, today I had one goal. It was just to get in, get green, and get back out. I did it. I finished the day up $3,600. I didn’t overtrade. I just […]
Red Day Recap on Day 26! What’s up everyone? All right, so here we are, 26th day of 2018, finishing the morning in the red again. This has been a choppy week. I mean the market dropped 1200 points, bounced back up today, continuing a little bit higher. I’m having a hard time finding […]
Fiat currency is any government-backed legal tender that is not backed by a physical commodity. The term comes from the fact that the currency is given value based on the dictate, or ‘fiat’, of a government, and not based on some intrinsic value recognized by those who use it. Most national currencies are based on […]
Elliott Wave Theory is a technical analysis approach that is based on the belief in cycles in the mass psychology of investing. According to Elliott Wave Theory, financial markets follow a familiar pattern of successively smaller 5-3 waves, with the 5 on-trend waves being interspersed with 3 opposite-trend counter-waves. Within each wave of the larger […]
A commodity is a loose term that describes a set of primary goods with shared features. Commodities are usually natural products that are used as first-stage inputs into more complex manufactured goods. Commodities are generally seen as interchangeable within their sub-class and grade. For example, copper is one of the world’s most widely used commodities. […]
Forex is the abbreviation for foreign exchange, which is the informal market for currency trading. There are no centralized currency exchange markets, but rather a loose collection of primary and secondary currency dealers that trade in an over-the-counter (OTC) market according to both national rules and international standards and conventions. Anyone can trade in the […]
Poloniex was founded in 2014 as a US based digital asset exchange. Currently headquartered in Wilmington, Delaware the company allows traders to trade multiple cryptocurrency pairs. To keep hackers out, Poloniex has invested in security systems that not only protects customers’ funds but their digital assets too. At the moment, a vast majority of customer […]
For most people, financial freedom is a vague goal or destination. They may not know exactly what financial freedom means to them, they just know that it is some place they would rather be. But what does financial freedom really mean and how do you achieve it? What is Financial Freedom? Financial freedom is the […]
How To Place An Options Trade Options are one of the most exciting and lucrative areas of contemporary finance. Not only can you achieve profits that are many times your initial investment, but you can also create highly complex and sophisticated positions that would be impossible with traditional securities. While options trading can be intimidating […]
Trend trading is one of the hottest strategies in the current investing world. From commodities to Asian equities, investors of all shapes and sizes are amplifying price movements by trading with the momentum of the market. However, trend trading is not as simple as just buying when a stock is rising and selling when […]
