Published documents by Nelson

2009

A trading plan is vital to keeping each and every trade as consistent as the last. Many traders fail because they lack the money management tips that help them stay profitable. Managing your money wisely and staying consistent is one way to staying afloat in the market, regardless of good or bad times. Stepping away from your trading plan is one way to make losses worse, as it puts less...

The Basics Of Rate Of Change Published on 01/06/2009

The rate of change as an oscillator is one of the simplest indicators available. It is the change in price over a certain amount of days (usually 12). The change in price is then added to the oscillator RSI style, or shown on the chart as a constant line, outlining the change in the last 10 periods. The rate of change, though very simple, is also very profitable. The rate of change can be...

The Basics Of A Hammer Published on 01/06/2009

A hammer is a very simple candlestick, but it has a lot of influence and forecasting ability. Hammers coincide with the hanging man candlestick, which is exactly the opposite of a hammer. A hammer usually appears at the bottom of a chart and is marked by a short positive body with a long descending shadow below it. They live up to their name: youll know them when you see them. A hammer is a...

Adding Chart Patterns To Your Trading Plan Published on 01/06/2009

Charts patterns are not an exact science, and you may need to reform a trading plan to fit chart patterns into a current strategy. Unlike other indicators, chart patterns occur frequently, but are often hard to see. Or there may be a variety of chart patterns on the same chart, but on different time frames. Staying profitable means that youll have to be able to think in two different places at...

5 Crucial Elements For Your Trading Journal Published on 01/06/2009

A trading journal is a living document that will help you show your successes and failures and make you a better trader. Outside that viewpoint, a trading journal makes accounting that much easier, and tax-time is made a piece of cake. A trading journal can be complex and contain many different entries, or it can be as simple as just five different elements. With that said, this article...

Trading Options: Getting The Proper Experience Published on 01/06/2009

Trading options is said to be very risky. But once you start doing option trading you will see that this reputation is largely unwarranted. It is a known fact that option trades are really risky and sometimes even unsafe if you are a person who has no idea as to what you are doing. Nevertheless, this is true of each and every form of trading, be it offline or online, and dealing in options is...

Asia Still Hanging In Published on 01/06/2009

The gloomsters would have us believe that the end of the world is upon us, that the world \"recession/depression is about to descend. China is slowing, cutting back purchases of commodities, like iron ore, as Mount Gibson (our tiny 4th placed iron ore exporter) revealed to the ASX yesterday. Likewise Japanese machinery orders fell again in August, which was taken as a ’bad sign’...

Online Guidelines And Information For Traders Published on 01/06/2009

Lean Tips For Sound Forex Trade Investments With the use of better trade strategies, one can make sound investments and learn the art of forex trade. Stock exchange trading can be sticky wicket for many of those novice investors who never had the opportunity of learning the craft of forex trade. Forex trading is extremely important for an investor to mitigate the risk by learning the...

Top Performing Stocks For The Week Ended Oct 3 Published on 01/06/2009

The four best performing stocks on the Zacks #1 Rank List last week were: Diamond Foods, Inc. (DMND), SureWest Communications (SURW), Sun Healthcare Group, Inc. (SUNH) and Hanger Orthopedic Group, Inc. (HGR). Diamond Foods, Inc. (DMND) was the top-performing Zacks #1 Rank last week as shares gained 14.6% during a wild period for the market. The company, which specializes in nuts and snack...

Screen Of The Week: Six Places To Be Published on 01/06/2009

Today’s topic is a bit of an extension on this week’s Roundtable Review discussion in which we talked about what to do with $100,000 in new cash. Click here to find out more! In that video segment, I talked about putting cash in 3 of the top sectors, such as Consumer Staples, Medical/Healthcare and Utilities. I also talked about putting some in 3 of the most beaten down or avoided...