Posts

Showing posts from March, 2022

Have You Made A Bad Investment?

Image
By:  Ivan Cavric If you are concerned about saving money or making money for the future, or both, then you definitely need to consider making an investment in different stocks, mutual funds, and the like to create a well rounded portfolio that will provide you with returns that benefit you and your investment. There are so many benefits of making an investment in a mutual fund or funds and just a few of them are full time management, access to money, diverse investments, and services. When you invest in mutual funds you are investing in not only funds but full time management of your funds by knowledgeable brokers. These managers you will take care of all of your investments from buying, selling and trading so all you have to do is sit back and watch your investment grow because the mutual fund mangers handle all of the work for you. Also, your mutual fund manager will make the best possible investments for you because the mutual fund companies are always working with analysts to get t

Five Forex Trading Tips You MUST Know

Image
By:  Ivan Cavric Jumping into Forex trading with both feet? Here are five must-know tips on forex trading and mini forex to help you stay afloat in the Foreign Exchange currency market. Know your forex trading market. Educate yourself about the currencies that you trade. The more you know about the country whose currency you’re trading in the forex market, the more accurately you’ll be able to predict which way the money will move.  Pick a forex trading system – and stick with it. Savvy forex traders will tell you that system is everything. Forex trading by system lets you automate your trades based on history, following the traditional peaks and valleys. Set up a system and live with it to make the most of your forex trading. Practice makes perfect – but it’s not the real world. Practice forex trading accounts are great for learning how a particular trading account works – but they’re not the real world. Many experienced traders recommend starting off with a mini forex account to mini

Emotion In Investing

Image
By:  Ivan Cavric Humans are all emotional being. We do not always make decisions rationally. Emotion is part of us as investors. Investors might feel better towards stocks at certain point or they might feel that owning stocks are risky and avoid it at all cost. Investors may also feel attached towards a specific company and continue owning the stock without regards to its fundamental. For example, you might like Google's search engine so much that you decide to buy the stock at $ 350 without doing any research. You figure that Google's search engine is so much better that buying the stock will give you profit, right? Wrong. Now, I am not here to bash Google as an investment, but analyzing an investment goes beyond the products and companies. Most investors can identify good companies and products. It is quite easy. You know that a Mercedes is a better car than a Ford or a Civic. The next question is how much should you pay for a Mercedes or a Civic? This requires us to put asi

Developing A Successful Trading Strategy

Image
By:  Ivan Cavric Anyone who knows anything about stock trading or day trading has heard the term ‘trading strategy.’  A trading strategy is a simple concept – it’s basically the roadmap that a trader follows while trading the markets.  A trading strategy is governed by a set of rules that do not deviate for anything other than market action.  Faithfully following a sound trading strategy will provide you with your greatest weapon against your worst enemy – your emotions.  With a trading strategy, you’ll know exactly when to buy and when to sell, regardless of what the market does or what your emotions are telling you. About Day Trading Strategies Every profitable trader will tell you that the key to trading success is an effective, reliable trading strategy.  You, as a trader, need to identify a winning system, implement it, and have the discipline to stick to it.  Though it would be possible for you to develop a unique trading strategy, it probably wouldn’t be that practical.  The bes

Seven Things You Need to Know Before You Start Investing

Image
By:  Ivan Cavric Don't throw your money down the drain! Do a checklist of the 7 Things you really must know before start investing. 1. Know your current financial situation. Know you debts level. Calculate your income and expenses by taking into account the following: Mortgage repayments Personal tax  Loans and overdrafts  Living expenses  Emergency funds  Car expenses  Entertainment  Holidays  School fees  Credit card debts  Family commitments  Before you start investing your money on any investment products, you should know how much you could spare each month for investment. General rule is that, you should clear your debts first, then save and invest later. That is to say the more money you put aside now, the better it will be for your future. I would say put aside 10% of your income for rainy days. 10% is a small amount that you won't feel a pinch. Save it until you have managed to build a "dam management funds". 2. Prepare funds for dam management. This goes in l

“Gold, A Hedge Against The Perils Of Interesting Times”

Image
By:  Ivan Cavric While paper-based investments and real estate are vulnerable to effects of changing times, gold soars. A precious metals investment may save a portfolio when all else fails. The old Chinese curse, “may you live in interesting times”, has particular relevance to the current epoch of U.S. history. There’s a lot going on right now, much of it scary. Major investors around the world are responding to the events of our perilous age by sinking their dollars, deutschmarks and yen into gold, silver and palladium; Bill Gates, Warren Buffet , and billionaire speculator George Soros to name but a few. Big financial institutions like the Central Banks of Russia and China are also leaping onto the metals bandwagon driving the price of these precious commodities ever higher. This is spurring a gold rush not witnessed since the Misery Index years of the 1970s. Many financial experts now view gold in particular as an island of stability in a paper-based investment market growing stor

Profitable Forex Strategies And Techniques

Image
By:  Ivan Cavric This article is mostly for people that already know what the Forex market is and at least know the basic concepts. If you have no clue about what this market is or you have never heard about it, I will give you a very brief explanation bellow. Forex is the acronym for Foreign Exchange Market. This is the biggest and most liquid market of the entire world today. One to three trillion dollars exchange hands at Forex every day. That’s a huge amount of money. No stock market exchange of any country come close to this.  This market is huge. It is a sea of money full of sharks and dangerous waters, but it is also the only market where you at least hypothetically can make $1,000,000 in two weeks starting with only $1,000.   I say hypothetically because what happens often is that people blindly gamble their money at Forex without knowing anything about it and they lose their shirt. That’s why I say to you: be careful! This market is profitable, but you nee

Psychology Of The Winning Trader

Image
By:  Ivan Cavric  It is said that nine out of every ten traders loose money. It is also said that day trading is seventy five percent psychology and the other twenty five percent divided up between your trading system and proper money management. Now I do not know if those facts are true or false. I have never seen a survey published on the topic, maybe someone can help me with that information, but let us assume that if it’s not absolutely true then it is nearly true. This would mean that most traders are lacking the proper psychology for trading.  Therefore we need to look very carefully at this business of our thought patterns, what we are thinking while we are trading. All our actions are governed by either pleasure or pain. Whatever we do, we do it to either to experience pleasure or escape pain. We have a need to avoid pain and a desire to gain pleasure. We need to do some introspection and decide what is it that drives us while we are trading, pleasure or pain. Do you jump into

Learning Some Good Forex Trading Strategies

Image
By:  Ivan Cavric If you’re a potential investment player who’d like to make it big in the business and financial world, then you go for forex trading. The FOREX , also known as the foreign exchange market is one of the largest financial markets in the world with and estimate of $1.5 trillion turn-overs every day. Here are a few strategies on how to make it big in the forex market. Strategy One: Know your market. The best way to get advantage, earn profit and minimize losses is to familiarize yourself with the market and how the whole system works. In the forex market, the players are usually commercial banks, central banks and firms involved in foreign trade, investment funds, broker companies and other private individuals with large capital. With the speed and high liquidity of asset, most companies engage in this business than in any other trading venture. Transactions are done in a jiffy; there are no membership fees and there is always the allure and promise of big, big profit. Tr

How To Make Money And Succeed In Forex Trading

Image
By:  Ivan Cavric To a newbie learning Online Forex Trading , it looks very simple in the beginning. Take currency pair EURUSD for instance, if you bullish on Euro, simply place a Buy order. Bearish on EUR, just short it. So easy, you may ask? The truth about Forex Trading is that it is a professional activity that not many traders will succeed.  I will just go through a few very straight forward pointers on how to consistently generate Forex pips. In the world of Forex currency trading, many newbie traders believe that Forex trading software or system that contains rocket science is more likely able to make money. It may be true, but how many of us will be able to find such a system or methodology? Why not just spend time and money to learn systems or trading methods that are simple but works? In the Forex currency trading, the fact is simple systems just work best. Simple systems are more robust and easier to trade as you understand the logic and can therefore follow it with confidenc