Learn How to Apply Fibonacci Retracements to Your Stock Index TradingInvestorEducation / Learn to TradeJun 19, 2015 – 11:12 PM GMTBy: EWIFibonacci is the mathematical basis of the Wave Principle. You will often find that Elliott waves correct in terms of Fibonacci ratios. The following article explains what you can expect when a market begins a corrective phase.If you are […]
The Market Speculator: The One True Golden Rule of Stock Trading: Smart Risk Management
The One True Golden Rule of Stock Trading: Smart Risk Management
I became a successful stock trader once I focused on managing risk instead of a stock picking. Risk management is the golden rule of stock trading. As George Soros said, “It’s not whether you’re right […]
On another thread, Clomu asked about the validity of technical analysis (candlesticks, specifically, I think). Alan, our CEO, asked me to copy it to this thread, so here it is. Maybe I’ll get a raise! :>)===========================================As so many people have asked about so many experts, “If he is so good, why ain’t he rich?”My understanding […]
The S&P 500 hit 1709 a few weeks back and has since been dropping precipitously, we are now down roughly 3.7% from that level in a short period of time. Heading into today, we’ve been negative 4 days straight and have seen losses during 9 of the last 11 days on both the S&P 500 and the Dow Jones Industrial […]
