June 29, 2007
- Review Or Go Broke
Some sage words of wisdom here from Al Thomas on the absolute necessity of keeping an eye on your investments no matter how busy with other priorities you think you might be. (…)
June 27, 2007
- Fundamental Analysis - Part 2
The second part of this short series on stock analysis. Looking at various ratios that can be calculated from earnings and how they can be used to compare an individual stock with others in that sector as well as with the overall market. (…)
June 21, 2007
- Fundamental Analysis
A good introduction by Roger Overanout to the principles of Fundamental Analysis, the attempt to put a 'real' value on stock by examining its reported numbers. It needs, of course, to be absorbed at the same time as Technical Analysis as they both have their part to play in helping investors form a picture of any stock investment. (…)
June 18, 2007
- Leveraging Forex
Leveraging your forex trading seems to me to be something of a contradiction. The essence of forex is the ability to be in and out of a volatile market very quickly. As the author states; those who have become millionaires quickly have often done so by taking risks. (…)
June 15, 2007
- Forex for Dummies?
The following article on forex trading is more than a little oversimplistic. Establishing nothing more than a moving average as a buy/sell signal and then "re-establishing support and resistance levels when the existing ones are breached" is not a proactive trading strategy, more a statement of what to do when it has all gone wrong.
Similarly, the advice to rely on 'expert' advice and analysis as you are likely to get it wrong yourself is full or problems. After all, you really should not be playing the game if you do not understand the rules. So the best strategy is more likely to be to gain an understanding by education by whatever means are available. When you have established your own trading rules then play by them and test your strategy by paper trading before risking real money.
Most traders lose money - including the professionals. This simply indicates that any individual with a modicum of common sense and education has just as much chance of getting it right as any one else. Then ignore everyone else - including the experts. Once you start listening to 'experts' then you no longer have an understanding of what rules they are playing by. Dont forget that their gain is probably your loss - so they are not motivated to give you anything like the truth. (…)
