skip to Main Content

6 Characteristics Successful Day Traders Have in Common


Many have tried day trading, and an overwhelming majority have failed.  However, for every 99 that fails miserably at day trading, there is always that one success story.  So what do these successful day traders have that the overwhelming majority of day traders don’t?  It’s not access to capital.  Rather, it is a set of character traits that allows them to stand tall against the volatile and stressful world of day trading.  I have talked to many day traders and have done quite a bit of research on them—and I have managed to come up with six character traits that all day traders have in common.  If you are interested in reading what makes a successful day trader, read below.

keep reading

The Stock Market and the Business Cycle: Their Correlative Relationship


Many people think that investing in stocks is a surefire way to get rich and hit the jackpot.  The reality couldn’t be further from the truth.  See, the truth is that to get average returns that beat inflation, all you need to do is put it in an index fund.  Index funds will match the market returns of whichever market the index fund follows, be it the S&P 500, the Dow Jones, or the Nasdaq.  The market, on average, has been known to return an average of 10% per year.

keep reading

List of Economic Indicators to Guide Your Investment Decisions


Economic indicators are useful in telling us whether the economy is doing well or not.  They indicate whether an economy is heading in or out of a recession, or if the economy is experiencing a boom.  There are a lot of economic indicators and sometimes they may contradict one another.  Thus, it is important to look at the overall economic environment using multiple indicators to get a clearer picture of how the economy is doing. The following is a list of 27 economic indicators you can use to make investment/business decisions.  

keep reading

How to Conduct Technical Analysis When Buying and Selling Stocks


Buying and selling stocks should not be done without a thorough analysis. One very important school of thought that guides stock traders is technical analysis. Technical analysis is a method that relies heavily on a person’s ability to understand trends and patterns. This article will help you learn on how to use this method when trading stocks.

keep reading

The Six Biggest Mistakes New Stock Investors Make


Stocks have been on rampage since they hit their lows in 2009.  Just in 2013 alone, the stock market gained 30%.  And because of the recent gains, more individual investors have been getting into the market.  And if you are one of the new investors, you will probably make a few mistakes before finally figuring out how stock investing works.  Here are six of the biggest mistakes that new investors make in the stock market.  I am guilty of all of these mistakes when I first started investing in stocks.

keep reading

Jesse Livermore’s 21 Rules of Trading


Jesse Lauriston Livermore, the famed stock market trader, also known as the “Great Bear of Wall Street” made his fortune by shorting stocks during bear markets, primarily during the 1907 and 1929 bear markets.  In 1940, he wrote down 21 rules that he lived by during his stock trading career.  The rules are as follows:

keep reading

Fundamental Analysis vs. Technical Analysis: Similarities and Differences


To significantly gain from investing in stocks, one has to be equipped with different strategies or approaches. The two main schools of thought any amateur investor needs to be familiar with are fundamental analysis and technical analysis. Each approach has its own advantage. But how do these differ from each other? An investor would want to know which can be the faster way to earn from the stock market. What type of analysis should be used if an investor is looking for a long-term investment? Read through this article about these two major approaches that are used in analyzing stocks and other securities to find out the answers to these questions.

keep reading

Why You Should Start Investing as Soon as You Get a Job


If you are at the prime of your career, you probably do not worry about the future that lies ahead of you. You have this “devil may care” attitude towards handling your finances, not caring about setting anything aside for the rainy days. Such is where the landscape should change. Now is actually the best time for you to prepare for your retirement and what might come in the years ahead. Think that you are too young to think about retiring and saving for the future? Here are several convincing reasons why you should start investing as the soonest possible time.

keep reading

Top 10 Online Stock Investing Sites


Investing in stocks have never been easier. You no longer need to get on the phone with your stock broker. All you need to do now is log online and open an account with a discount online brokerage.  So that means gone are the days when you have a personal stock advisor or a stock broker on retainer—you can invest in stocks immediately and cheaply.  So if you are looking to start investing your money in stocks, here are the 10 best online stock investing sites for the individual stock investor:

keep reading

How the Stock Market Works


Many people who have not experienced investing in the stock market may find it too complicated, that it is meant only for the smart, white-collared geeks, and corporate moguls. But the stock market works quite simply; it serves as a place where people trade stocks or shares of ownership in a desired company and where they can either win big or lose disastrously. In the US, there are two dominant stock exchanges – the New York Stock Exchange (NYSE) and the NASDAQ. This article briefly notes, in a simplified way, how the stock market operates.

keep reading
Back To Top
Search
Join Our Community of Wealth Builders
Sign Up for our FREE Newsletter!
We respect your privacy.