Before you can trade you must first have a trading plan. A trading plan is written while the market is closed to tell you what to do when the market is open. A trading plan tells you how to specifically execute your trading system in real time with real money. A trading plan forces discipline […]
Smart money in the financial markets is considered to be capital traded or invested by experienced and educated professionals that are connected to better research on fundamentals or access to higher speed technology that gives them a technical edge over retail traders. There is little evidence to support the smart money edge as the majority […]
Cardano and Ethereum are both cryptocurrencies and also blockchain ecosystems that other things can be built on. The Cardano network is very similiar to the Ethereum network. The primary creator of Ethereum is Vitalik Buterin. Cardano was created by Charles Hoskinson, who was also a co-founder of Ethereum. The cryptocurrency of the Ethereum blockchain is […]
Profitable trading is not about opinions, not about a prediction, or even great stock tips or picks. Profitable trading is all about math, making more money on profitable trades than you lose on unprofitable trades. How you do this is the details. Trading without understanding the math creates randomness and luck in your process. Understanding […]
Hey, A little while ago I sat down to try this “new” prospecting method. Once I implemented it, I had two clients paying me $5000 each per month for a service I was offering. Here’s what I did. The “new” prospecting method is… cold callnig. I know. You’ve heard about it. Nothing new, right? But […]
If the stock market is in an up trend trade primarily on the long side and in a down trend short rallies primarily. The best way to lose money in the stock market is to fight the prevailing trend. Do not trade without a detailed trading plan covering entries, exits, position sizing, maximum positions at […]
A new infographic on Social Media Today illustrates Snapchat insights on how the platform helps people maintain a connection with friends, in alignment with International Friendship Day, which was celebrated last Friday the 30th of July. “Real friends have always held an important place in Snapchatters’ lives, and they’re ready to make up for lost time this […]
A new article on Social Media Today reports that after launching an initial test of Professional Profiles for brands back in April, Twitter is now making a move towards the next stage of its business push, with a new ‘Shop Module’ now also being tested with a selection of brands in the US. “The Shop […]
Credit: Excellent share by @promarketwizards
Gaps on a chart show that there were no buyers and sellers connecting at price levels on a chart. Gaps happen mostly when news comes out that instantly changes prices to much higher or lower prices than they were previously trading at. As the news event is instantly priced in by buyers and sellers a […]