Avoiding Wicked Bull Traps

5 Tips For Avoiding Wicked Bull Traps When buying into what appears to be a great stock breaking out of a base to claim higher highs there is nothing more frustrating then seeing your investment turn from promising to junk in a matter of days. As an investor you thought you had a potential winner on your end, but the stock falls off after the “breakout”. Congratulations, you were victimized by a bull trap. Bull and bear traps alike are commonly seen and can be very hard to avoid. Whether you…

CANSLIM Trading Style Broken Down

CANSLIM Trading CANSLIM is Investor Business Daily’s (IBD) acronym for the seven common characteristics all great performing stocks have before they make their biggest gains. My trading foundation is rooted in CANSLIM although I use it differently than most beginners now that I have evolved into other styles and methods. CANSLIM Letter Breakdown Let’s start by understanding what each letter represents in the CANSLIM acronym as described by investors.com: C= Current earnings per share should be up 25% or more and in many cases accelerating in recent quarters. Quarterly sales should also…

Forex trading mistakes and traps

Common Forex trading mistakes and traps There are common mistakes and ‘traps’ that give nearly all traders trouble at some point in their trading careers. So, let’s cover the most common mistakes that traders make which keep them from making money in the markets: • Analysis-paralysis There is a virtually unlimited amount of Forex news variables that can distract a trader, as well as tons and tons of trading systems and trading software. You’ll need to sift through all of these variables and forge a trading strategy that is simple…

Professional Forex Trading Strategies

Nial Fuller’s Professional Forex Trading Strategies About Nial Fuller: I’ve been trading the markets for over 10 years now, and I have learned every lesson you can imagine along the way. Perhaps the biggest lesson I’ve learned is that ‘simple is better’. This is the main point I try to convey to my students and it’s why I don’t use a ton of indicators or messy trading systems. My primary mission after becoming a successful trader has been to help other traders “see the light” of simple price action trading.…

Financial Gains

Two Ingredients to Financial Gains From a young age, we are conditioned to trade and invest incorrectly. We naturally run from things we are fearful of and are drawn to things that make us feel good.  If you take this action in trading, you are headed for trouble which in the trading world means losses. For example, if your invitation to buy into a market comes only after an uptrend is well underway, all the indicators are pointed up, and the news is good on that market, where do you…

Being Comfortable With Discomfort

Improve Trading Results By Being Comfortable With Discomfort The other day while looking at a sports show on TV I watched an interview with Holly Holm. If you are a sports fan, and those of you who aren’t please forgive the reference, you may remember that Ronda Rousey, former women’s undefeated bantam weight mixed martial arts champion who had obliterated all of her previous opponents by knocking them out in the first few seconds of the first round, was thoroughly trounced by Holly in a knockout. Now, even if you don’t like…

How to trade futures

How to trade futures? Here is some advice. The oldest form of trading gets a technology facelift. The concept of futures trading is as timeless as the marketplace itself. As long as people have been selling such tangible assets as oil, wheat or gold, there have been hedgers who want to protect against the possibility of a future price change and speculators who hope to profit if the hedgers are wrong. So, let’s talk about how to trade futures. A producer of wheat, oil or another commodity, rather than simply bringing his…

Introduction to the Forex Market

An Introduction to the Forex Market: Hey traders, this free Forex mini-course is designed to teach you the basics of the Forex market and Forex trading in a non-boring way. I know you can find this information elsewhere on the web, but let’s face it; most of it is scattered and pretty dry to read. I will try to make this tutorial as fun as possible so that you can learn about Forex trading and have a good time doing it. Upon completion of this course you will have a…