One of the problems with Financial TV is that they have 24 hours to fill with programming. How can you fill that much time without including some Bozos? Every morning I wake up around 5 am or so and turn on Bloomberg. I lay in bed and catch up on what has happened in the [...]
Posts on ‘July 19th, 2005’
Good Money Management - The Key To Successful Trading
Why is money management so important? Put simply it is the ability to determine your trade size in relation to your overall portfolio position, and takes into account open positions and cash in hand.
Imagine you are just starting out and have your cash ready and waiting, and let us suppose it’s £10,000. How much [...]
Forex Trading-Does Anyone (Besides Gurus And Institutions) Make Money in Forex?
Sometimes it just feels very much like David and Goliath. It’s us small traders up against the brokers, banks, and huge institutional traders. How can we possible win? They can gun for stops (sometimes they do). They can throw their weight around, and we might get squished in the process.
Ever felt like that?
Yeah, I know. [...]
Online Futures Tradings
The futures markets are organized and used not only for speculation but also for hedging, which is a method of eliminating risks arising from fluctuations in prices. Hedging may be referred to as the practice of covering the risks attaching to transactions in the cash market by contra-transactions in futures trading. If a commodity is [...]