Posted by RapidTrader on March 27, 2011 ·
There’s an underground investment world lurking in the bowels of Wall Street’s biggest firms. It’s a world that the vast majority of investors have never heard of — and its participants could be pillaging your investment profits on a daily basis.
That said, there’s a way out for smart investors… I’ll tell you what it is in a minute.
High-Frequency Trading (HFT) is a not-so-new trend that’s been causing a frenzy among the minority of investors who have heard about it. With HFT, firms use sophisticated computer systems to analyze [...]
Posted by RapidTrader on March 25, 2011 ·
The gold bull has been moving in very reliable Elliott Wave and Fibonacci patterns for many years now, but once in awhile the waters get a little murky for sure. Recently we have seen a fair amount of volatility near year end as position squaring and year end machinations take hold. With that said, it does appear that Gold should be poised to power higher near term, and I’m looking for a completion to a 5 wave rally that began from about $1,040 per ounce in February of this year.
Over the past several weeks, I see a clear Fibonacci trading [...]
Posted by RapidTrader on March 24, 2011 ·
So far 2011 has been an interesting to say the least. Stocks and commodities have been jumping around with high volatility generating mixed trading signals. This choppy price action typically indicates trends are in their late stages. The late stages of a trend is very difficult to trade because volatility rises meaning larger day to day price swings, and at any time the price could either drop like a rock or go parabolic surging higher in value. Generally the largest moves take place during the final 10% of trend, but with a sharp rise in price [...]
Posted by RapidTrader on March 23, 2011 ·
Over the past few years Forex traders have really had to step up their game in order to continue making money in the currency market. Back in the day before currency trading was main stream, currencies used to trend in a direction for a long period of time with a low level of volatility. But with so many individuals now involved speculating on price action coupled with international concerns in most countries, the once slow and steady currency market now moves like the stock market with large price swings on a weekly and even daily basis.
With currency [...]
Posted by RapidTrader on March 23, 2011 ·
The past couple weeks have been choppy in the equities market. While the strong intraday moves are great for day traders, it is extremely difficult for swing/position traders who normally hold positions for 3-60 days in length, which is my focus with this newsletter. That being said, we are reaching a do or die point for the equities market and next week there should be a strong move out of this trading range.
On the volume side of things, we have been seeing distribution taking place. Heavy volume continues to step into the market unloading large [...]
Posted by RapidTrader on March 22, 2011 ·
Many Day Traders are momentum traders who incorporate chart patterns in their strategy, the difficult part is identifying the stocks and avoiding the chat room banter which distract from profits. We think it is best to have penny stocks identified which will have volume and volatility. We want you to help you make money by removing the step of having to identify which penny stocks to trade. Most websites are paid by the companies to list them, we identify them because they are currently in a promotional campaign. Knowing this simple fact [...]
Posted by RapidTrader on March 21, 2011 ·
Your investment portfolio will typically include conventional investments such as stocks and bonds both equally important parts of a solid, long-term investment strategy. But, there are many other less-typical investments that can supplement your portfolio and provide you with opportunities to reduce some of the effects of market fluctuations. Consider alternative investments such as commodities, hedge funds, mutual funds with alternative strategies, and futures to round off your portfolio.
What are alternative investments?Alternative investments [...]
Posted by RapidTrader on March 21, 2011 ·
Using technical analysis and forex charts is an excellent way to make money in forex trading. The problem is there are a number of myths that traders fall victim to and lose. The mistakes are easy to avoid and enclosed.
1. Trying To be to Complicated
Many traders see all the indicators that are available to them and think they have to use them, after all 10 indicators are better than 2 – Wrong.
The best forex trading systems are simple and this means they are more robust in the hard world of real trading with fewer elements to break, than [...]
Posted by RapidTrader on March 21, 2011 ·
If you want to win at forex trading then using forex charts and technical analysis is a great way to do it. Forex charting is easy, time efficient and works yet; traders still make basic errors that cause them to lose.
Let’s look at the errors made and why you need to avoid them.
1. Forex Charts Predict
A common mistake, traders think they need to predict to win – but of course this is simply hoping or guessing and is destined to see you lose.
If you use charts the correct way, you trade on the reality of price change and trade it, [...]
Posted by RapidTrader on March 19, 2011 ·
More novice traders are attracted to day trading than any other time span and most start with a forex scalping system, bought from a vendor and then they lose. You can’t win with forex scalping for the following reason….
If you want to win at forex trading, you need to get the odds on your side and this means isolating areas of support and resistance to key off and you can do this in long time frames but not within a day – it’s a fact all daily volatility is random, so you cant trade the odds and that means you cant win. [...]