MARKET OPINIONS
30. If you look for market secrets you will only find things that no one cares about. Use the conventional tools.
31. Never ask for someone else’s opinion, they probably did not do as much homework as you.
32. When the market is going up, say “the market is going up.” When the market […]
This is a continuation of trading tips from Joe Ross.
NEWS
14. Buy the rumor, sell the news.
15. News is only important when the market doesn’t react in the direction of the news.
16. Read today’s paper tomorrow. When you read yesterday’s paper each day with the knowledge of what the market already did, you will […]
Found these great trading tips from Joe Ross at ActionForex. There’s a lot of them so I’ll post some now and more later.
THE TRADE DECISION
1. Never add to a losing position.
2. Always determine a stop and a profit objective before entering a trade. Place stops based on market information, not your account balance. […]
Market Indices
In an effort to simplify investing, yet maintain a diversified portfolio, many investors will buy index funds. Index finds are a passive investing style. Rather than actively buying and selling stocks, they simply the stocks the index is comprised of. Trading this will insure that you do as well as the market […]
In planning for your retirement, you can save tens of thousands of dollars over the long run by investing in exchange-traded funds (ETFs) rather than mutual funds. This is possible because exchange-traded funds are cheaper to operate which translates to lower expenses than mutual funds. Part of the reason ETFs are less expensive to operate […]
Investors who own stock mainly in the Dow Jones Industrial Average companies are at risk of missing opportunities in other indexes and markets. While the Dow Jones Index is the most recognized