Strong Versus Weak Opportunities

Online Trading Academy teaches our students where the proper areas to buy and sell lie on the charts. Those areas, as you may know, are supply and demand levels. However, there seems to be some confusion among traders as to how to identify the best levels for entering or exiting trades. What we call “strong versus weak opportunities“. Free Trading WorkshopRemember, we want to buy at strong demand levels where the supply is very thin and prices are likely to rise.  We want to sell at supply levels where the…

Frugal habits to become a millionaire

8 frugal habits to become a millionaire which helped me become and stay a millionaire. There are approximately 35 million people who are millionaires in the world. As Robert J. Samuelson states so perfectly in The Washington Post, “That’s about 5% of the U.S. adult population (241 million in 2014), or one in 20. Rarefied, yes; exclusive, no.” Though the population numbers have gone up in the past year, they still prove a point. It’s totally possible for you to become a millionaire when you know this 8 frugal habits…

Who gets the blame for the slowing economy?

Who gets the blame for the slowing economy?, not an easy question. ECONOMIC alarm bells are ringing: Financial markets have wilted. Forecasters have been slicing their projections for future growth. And some leading wise men — including the megabillionaire George Soros — are predicting a return to disastrous 2008 conditions. That’s almost certainly an overly pessimistic view. But without a doubt, the leading global economies are in a major slowdown. So, who gets the blame for the slowing economy? Not evident is whether another recession looms. While current data suggests…

How to Read Stock Tables

Every investor needs to know how to read stock tables their find in any financial paper and which will look something like the image below: Columns 1 & 2: 52-Week High and Low – These are the highest and lowest prices at which a stock has traded over the previous 52 weeks (one year). This typically does not include the previous day’s trading. Column 3: Company Name & Type of Stock – This column lists the name of the company. If there are no special symbols or letters following the…

Trade Forex Like a Sniper

Trade Forex Like a Sniper … Not Like a Machine Gunner A sniper in the military has an edge over his or her enemy; their edge is unwavering patience, mastery of their weapon, and the ability to remain consciously in control of their mind and body for long periods of time in high-stress situations. We can apply these same concepts to trade Forex like a sniper. Forex trading is very similar…you need a trading edge (weapon), you have to master this edge, you need to develop and maintain rigid self-discipline…

Market Liquidity Fear

The ECB, market liquidity fear and an expandable shopping list. The ECB did stuff last week, namely it cut rates while downplaying further cuts, tried to protect the banks under its care from negative rates and pledged to boost its balance sheet due to its fear of market liquidity reduction. That was considered, after some confusion, impressive by markets, amongst other things because of the ECB’s shift to buying up private assets — “investment-grade euro-denominated bonds issued by non-bank corporations established in the euro area are to be inccluded in QE,” as Deutsche summarised while others wondered aloud about…

Fakey Pattern and How to Trade It

What is Fakey Pattern and How to Trade It. One of my favourite price action trading patterns is the fakey pattern. There are many reasons why I like this pattern but perhaps the most important is the meaning behind it and its ability to be a reliable indicator of potential near-term (and sometimes long-term) market direction. Let’s see what is Fakey pattern and how to trade it. What is a fakey price action pattern? A fakey pattern in the market means that a false-breakout of an inside bar pattern has occurred. In other words,…

Stock Tips For Investment Success

60 Stock Tips For Investment Success We just finished up William O’Neil’s book, 24 Essential Lessons for Investment Success, and found it to be a great resource of stock tips for beginners. There are tons of great investment tips which were highlighted at the end of each chapter, and to summarize the book this post we will mention 60 of them. The best thing about the book in our opinion was the simplicity behind the material. Will O’Neil always seems to do a good job of making the read easy and…

Stock Buyback Plans Can Backfire

Stock Buyback Plans, Seen as Shareholder Boon, Can Backfire Stock buyback plans are a boon for shareholders, right? That’s been the spin, anyway, as hedge fund activists have pushed corporate managers to spend billions repurchasing shares in recent years. But not all stock buyback plans are created equal, and exhibit A is LPL Financial Holdings, a brokerage and investment advisory firm in Boston. LPL recently completed a $275 million stock buyback spree that was exceedingly costly, increased the company’s debt and wound up primarily benefiting a powerful insider investor. Shareholders typically like repurchase programs because…

Invest in This and You’ll Always Make Money, History Shows

You can’t do any better than 34 for 34. Find out how following two critical steps could allow this investment to make money for you, too! IMAGE SOURCE: PIXABAY. Volatility is a normal part of investing, but to many investors, it might appear that the fluctuations this year have been even wilder than usual. For some, it’s been too much to handle, and they’ve retreated to the sidelines. Statistically speaking, people who buy individual stocks have a 50-50 shot at making a profit. Yet even the best stock pickers tend…