Savvy investors know how to manage cost basis and holding periods of their investments to help reduce capital gains that are subject to taxes, or even to claim a tax loss when selling a profitable position. Knowing your cost basis can be a valuable tool.
In the financial arena, people tend to over-complicate trading. They analyze all sorts of data, from technical indicators to news related events and use complex trading models. Even so, and more often than not they end up with mediocre results.
Ralph Elliott developed the theory that bears his name based on the moves the stock market made. His strong belief was that the market is the sum of human behavior. As such, to this day, the Elliott Waves Theory is one of the best trading theories to predict financial markets’ behavior.
The Heikin-Ashi charts are one of the most visually simple chart types when it comes to determining trends. Of course, there are times when price action can get choppy, but it entirely depends on how you trade with Heikin-Ashi.
Day trading has always been a tough game, requiring a very strong psyche, discipline and a high level of trading skills to succeed in. Nowadays though it's even harder due to the stronger competition, not only by humans but especially by computers.
With this class, I'll trade in front of other people. Do you think trading in front of other people changes your way of trading? I have experience in this and I have my answer.
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Analyze your current spending habits to better understand how your spending may evolve.
Discover how to make money in forex is easy if you know how the bankers trade!
In the fast moving world of currency markets, it is extremely important for new traders to know the list of important forex news
Chart patterns are one of the most effective trading tools for a trader. They are pure price-action, and form on the basis of underlying buying and se
This article discusses trading FX based on the Non-Farm Payrolls, one of the most volatile and element of risk in trading Forex
