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The resource prophets of doom have been enjoying a heyday (or several weeks) calling the end to all things good. Those bears will be sent packing in the coming year.
Sound risk management is paramount to being a successful trader. The best way to ensure this is being practiced is through the construction of a trading plan before the trade is entered.
A lot of students/clients ask me how they can find better ways to look for opportunities in our current market. As a Trading Tutor it’s sometimes difficult to get the student to look at a bigger picture to form an opinion.
Ever wondered why a stock chart suddenly jumps up and then trades sideways? Ever tried to place a sideways options strategy on this type of chart and found the trade made no money?
In my first book 'Fair Share' I wrote about sector analysis and provided the 'weighting' of each sector in the All Ords.
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