Anthony Trongone, Ph.D. With its history of forcefully changing direction, Apple is certainly an adventurous play. But as this hi-flying stock approaches its record price, does it still offer plenty us of opportunity? After gaining $26.34, in 53 trading days, it has fallen $2.50 in 10 days. When you are trading a stock with such … Read more
Futures trading covers a vast array of trading instruments, from stock indices and U.S. Treasury bonds to precious metals, energy sources such as oil and gas, and everyday foodstuffs including meats, grains and coffee.
Achieving success as a futures market trader can be a daunting proposition, most traders will agree. Given that premise, why would a successful, longtime futures trader like Joe DiNapoli reveal his trading secrets to the public? “Commodity traders tend to be risk-takers–self-made people. I enjoy them immensely. The public doesn’t realize some of the advantages … Read more
The global foreign exchange market is the largest, most active market in the world. Trading in the forex markets takes place nearly round the clock with $1.9 trillion changing hands every day. It is the main event. The benefits of forex over currency futures trading are considerable. The dissimilarities between the two instruments range from … Read more
If you are interested in trading currencies online, you will find that the Forex market offers several advantages over equities trading. 24-Hour Trading: Forex is a true 24-hour market, which offers a major advantage over equities trading. Whether it’s 6pm or 6am, somewhere in the world there are always buyers and sellers actively trading foreign … Read more
By Jim Wyckoff I have received several email messages from my readers asking about how to best determine entry and exit strategies when trading markets. Here are just a few of their quotes: “Though my success rate has been high, I am only breaking even financially, due to getting out too early in profit and … Read more
Jim Forrester, CPA The Internal Revenue Service loves to tax capital gains, but they are just as diligent to disallow capital losses that might offset those lucrative cash cows. Case in point: the wash rule. The wash rule prohibits traders and investors from claiming a capital loss if they buy replacement stock 30 days before … Read more
A customer signed up for my service the other day and was asking me about stops and different types of market orders.
By Jim Wyckoff In this educational feature, I’m going to tackle an issue about which several of my readers have inquired: How to determine support and resistance areas on the charts. My favorite method (and I believe this the most accurate method) of determining support and resistance levels is to look at a bar chart … Read more