Articles for: ProfitSource

When I see investors buying into the current market I ask myself, who is doing this buying? Why? Do they know something that I don’t?

The great Jesse Livermore (1877-1940), regarded by many as the greatest trader who ever lived, said: “Speculation (i.e. trading) is nothing more than anticipating coming movements”.

Copper is an important driver for our market in that it is a bulk commodity that the world still wants and we have in abundance.

After a few weeks of emotional extremes in the financial markets it is time to reflect on the US economic picture. There are some positive signs.

Most traders are familiar with CFDs and the concept of paying interest on long positions and receiving interest on short positions.

Top Down Analysis involves determining which stocks have the particular combination of factors – technical, fundamental, economic or political – that constitute a profitable trading opportunity.

When you first decided to start trading the financial markets, were you thinking, “I want to be able to forecast so I can impress my friends”, or did you think “I want to make money and be financially free”?

It has been a dramatic few weeks on global stock markets. The impact of the credit crunch and years of easy debt, that is simply not available now, is really starting to hit home.

It is times like this when many traders are apt to ‘throw out the baby with the bath water’. Or in another manner of speech they ‘throw’ in the towel.

Well much has happened in the last week and if I was writing as I did last week on the mother of all share indices – the DOW – I would probably have taken an even harsher view.