Trading the financial markets is an exciting and rewarding endeavor. However, it often comes with its share of challenges and struggles. Today, we’ll explore eight common issues that new traders face and provide insights on overcoming them to achieve trading success. ISSUE #1: One primary challenge for aspiring traders is the need for knowledge about…
Sometimes, it’s easy to get carried away with chasing the next hot stock… That we forget the role of supply and demand in the success of our investments. What follows might seem simplistic if you’re beyond the beginner phase. However, reminding yourself how both influence stock prices can help you thrive in this market. Here…
Ralph Nelson Elliott developed the profit hack “Elliott Wave Theory” in the 1930s with one goal. To decipher the cyclical nature of the financial markets and predict price movements. Today, it remains a valuable tool for navigating market chaos, and if you understand how it works, it could be your secret weapon for consistent cash…
Crypto trading offers exciting opportunities that can help secure your retirement. However, as the industry evolves and allows conservative investors to benefit from crypto price movements without direct exposure to cryptocurrency volatility… It is essential to adopt effective trading strategies and manage risk wisely. On that note, here are some tips to help you become…
Remember FTX founder Sam Bankman-Fried’s fraud case? A jury of twelve found him guilty of all seven criminal charges, including: The conspiracy to commit money laundering The conspiracy to commit securities and commodities fraud and… The conspiracy to commit wire fraud against FTX customers & Alameda lenders. The statutory maximum sentence for these crimes is…
The numbers don’t surprise me. However, they should make you sit up if you think you can put your dream retirement and the inheritance of your heirs in the hands of the U.S. financial system. Let’s start with the first observation by the LendingClub (which many are blind to). As of September, 62% of U.S.…
You probably don’t think much of the news from payroll processing firm ADP: But it’s a refreshing reminder of where the market could be headed next week, and it offers you an excellent chance to prepare and profit instead of getting steamrolled. Here’s the short story short: The new release from ADP shows companies added…
It’s the third consecutive month of declines for major market indices. The Dow Jones is down 1.7%. The S&P 500 is down 2.8%. And the Nasdaq is down more than 3%. Two areas of concern for investors are corporate guidance and earnings forecast. Both offer insight into a company’s future, and many companies have fallen…
Three weeks ago, we discussed the challenges facing Americans wanting to buy a new home in the U.S. And while you might expect the pressure to ease up in 2024… The reality is that the housing market is expected to remain challenging next year. It comes down to three things. High mortgage rates, steep home…
The secret starts with recognizing profitable seasonal patterns that retail traders can take advantage of. Just as people have seasonal habits like winter heating or summer vacations… The stock market exhibits patterns influenced by billions of individual trading activities. And historical data shows we’re entering a peak monetization season for retail traders. You’ve probably heard…