Analysts have been all over the map about the fate of the U.S. dollar. Some predict its value should surge sharply higher against a field of weaker currencies in a debt-ridden world; others contend there is no way for the dollar to go but down as huge...
One of the more common questions that I tend to get at this time of the year deals with whether a trader should switch to IRC Section 475(f), or mark to market accounting. Does it make sense to change your accounting method for your trading business?...
Comparing the S&P 500 chart over the last five years since the US markets bottomed in March 2009, and during the previous cycle from 2003 to the peak in the fall of 2007, one might infer that we are at year five of this market cycle; thus it would...
Amidst the backdrop of recessions in Europe and Japan and anemic economic growth in the U.S. the stock market has shown great strength in 2013. In fact, since its corrective low last November, the DJIA has vaulted some 1500 points or 18%. Add that on top...
Mercury Retrograde has a bad reputation.Along with personal Sun-sign horoscopes, the Mercury Retrograde phenomenon is one of the best-known astrological concepts. It's the time when, as seen from the Earth's perspective, Mercury seems to move backwards...
Money management is often viewed as a dull, sophisticated idea best left to professionals. But this couldn't be further from the truth. Money management is an exciting concept that all serious traders need to understand. In fact, money management alone...
If there is one adage beginning traders are likely to hear often from experienced traders, it's "Identify the trend," followed by "Trade the trend." Sounds simple enough. In fact, almost anyone can look at a chart and see trends as prices make a series...
Identifying market tops and bottoms is considered one of the hardest tasks assigned to a trader. However, the market can hint at these momentum shifts if we take the time to analyze both price action and technical indicators. Today we are going to take a...
Most traders spend a large amount of time fighting themselves on the path to trading success, often without fully realising what it is they are fighting against. When a run of bad trades erodes their trading account emotions are high and expectations get...
I'm relatively new to the trading world but in less than three years I have been able to make that leap from thinking about what I'd like to do to actually making a living from the markets. That process was much easier than I expected simply because so...