A year after the Covid Pandemic forced the nation into a shutdown, the stock market has been overhauled in ways Wall Street never imagined. Last March, stocks plunged as the world faced the frightening spread of a virus, many had Read More …
Unlike traditional currency, bitcoin is digital. You can use it to buy things or as an investment. There is no physical coin. Here are nine things to make you a bit wiser about bitcoin: 1. Bitcoin Is A Cryptocurrency Bitcoin is Read More …
Option traders know there are two ways for an position to be a winner: When a long option goes up in value When a short option goes down in value If the option moves in the opposite direction, the position Read More …
Everybody knows Leonardo da Vinci and Galileo Galilei, but not their fellow countryman Leonardo Fibonacci as much. His work was on golden ratio and most importantly for traders, the set of technical analysis tools that bears his name. Fibonacci spent Read More …
In the first quarter of 2020, the Gross Domestic Product, the chief tool used to measure the economy shrinks by 5% in the US. The analysts suggest that the worst could be yet to come. On top of that, as Read More …
What happens when FED (Federal Reserve, the central banking system of the USA) lowers interest rates? Speculation about whether the FED will cut interest rates can generate a lot of happenings. It is not always clear how the cut might Read More …
The coronavirus is being heralded as a “black swan event” that could shake the global economy to its core. But we should have – and could have – been prepared. Black swan events were first proposed immediately prior to the Read More …
You’re chillin’ in the heat of summer, “Julying” by the beach, or maybe just cranking the AC and taking a nap. You’d think an individual retirement account—your good old IRA—is the investing analogy to your dog days. Kind of slow. Read More …
Who knew that a nasty “good for you” food like raw spinach made great breakfast smoothies? In the land of reinvention squared, “no” is not a word American investors cozy up to. Like spinach, IRAs (individual retirement accounts) are consumed Read More …
The success in trading is 80% psychological and 20% one’s methodology, be it fundamental or technical. For example, you can have a mediocre knowledge of fundamental and technical information, and if you are in psychological control, you can make money. Read More …