Technical analysis can be both an art or a science based on how you use it. It is very easy to become too rigid in its practice believing it can become a crystal ball or too flexible and see whatever you want to see. Here are ten common mistakes people make in the practice of […]
Author Archives: Tom Hagen
A candlestick is a type of chart used in trading as a visual representation of past and current price action in specified timeframes. Depending on the timeframe of the chart each candlestick consists of each minute, day, week, or month trading range represented in a single candle. A candlestick consists of the ‘body’ with an […]
In most professions working more is what makes you more money. If you are paid for your time the more you work the more money you make. This does not transfer into trading. Over trading can be expensive in trading losses, losing in the bid/ask spread, and commission cost. The best trades come when you […]
In studying a chart for any liquid instrument, traders will observe that prices usually move in a series of peaks and valleys. The direction of these peaks and valleys provide us with a lot of valuable information about price action and direction. They also help us in determining the direction of a trend and levels […]
I recently accompanied my father to a real estate sale in the southern part of Florida. That market for homes and condos had been among the hottest in the country. When we looked at the number of properties on the market at present, however, and the (paltry) number that were selling, we could see that […]
In the book Secrets of the Millionaire Mindset, author T. Harv Eker shows readers the big difference between how millionaires think versus people with a poor mindset. Wealth starts in the mind, regardless of your circumstances your financial future will be more in line with your thoughts and actions. Many people start from humble beginnings […]
A new article on Search Engine Journal asks where should you allocate your social ads budget, to Facebook or Instagram? Learn how to evaluate based on your goals. Despite the rebranding as Meta – the company formerly known as Facebook – advertising options on Facebook and Instagram are expected to remain as we know them for the […]
A new article on Marketing Dive reports that the CPG giant’s chief digital and marketing officer said a gap exists between consumer attitudes and actions around sustainability because of confusion and complexity. The author says that increased consumer attention toward climate change and the environment continues to make sustainability a priority for companies across industries, even amid […]
A new article on Search Engine Land reports that those who were duped lost over half a million dollars by cryptocurrency scammers. Those who are new to cryptocurrency may not totally understand how every aspect of virtual currency works. Many will go to Google and other search engines to search for things like “What is cryptocurrency?” “How […]
How much did they start you out with? I don’t remember the exact amount, but I remember that I made $350,000 in my first year, $800,000 in my second, over $1 million in my third, and I never looked back. Do you ever use fundamentals? No, never. There was a three-year period when I had […]