The U.S. Commodity Futures Trading Commission (CFTC) filed a civil anti-fraud enforcement action charging Joseph Dufresne (aka Joseph James) and Megan Renkow (aka Megan James), and their company, United Business Servicing, (UBS), doing business as SchoolofTrade.com (SoT), with fraudulently marketing commodity futures trading strategies and systems.
Options Trading can be very exciting and rewarding. But you should not be trading options before learning at least some basic facts about options. Options are very different from stocks. This article presents 10 basic options trading facts that every options trader should know. Don't start trading of you don't understand them.
One of the most amusing "investor" types to emerge as a result of the Fed's 7-year-long attempt to centrally plan the market, has been the infamous 17-year-old "hedge fund" manager, who while not actually trading, was happy to advise others of his paper trades on twitter or via newsletters, and collect a fee for such "services."
Reading as much as we can about trading always helps us to improve and become better traders. I'm pleased to share some of the best trading articles, podcasts and videos from some of my favorite traders, bloggers and educators. If you came across an interesting article please share it in the comments section.
Trading is a difficult endeavor. It takes experience and a sound process to help you understand when to get into a trade. And when to get out of a trade. But perhaps even more important is the mental discipline it takes to follow your experience (gut) and process. Here are some great insights from Steve Burns.
People desperately want to make money in the stock market with little or no risk. Unfortunately this is just not possible. If you want big returns, you need to be prepared for big drawdowns along the way. For example, Warren Buffett’s Berkshire Hathaway lost over 50% from June 1998 to March 2000.
I often refer to selecting a proper position size as the easiest and most important risk-management technique for the individual trader. It is always tempting to trade bigger size, especially when confident. Big size can produce big profits. Traders believe that earning bigger profits is the path to wealth.
Reading as much as we can about trading always helps us to improve and become better traders. I'm pleased to share some of the best trading articles, podcasts and videos from some of my favorite traders, bloggers and educators. If you came across an interesting article please share it in the comments section.
The Sharpe Ratio is a measure for calculating risk-adjusted return, and this ratio has become the industry standard for such calculations. It was developed by Nobel laureate William F. Sharpe. The Sharpe Ratio is the annualized return of an investment earned in excess of the risk free rate divided by the investment's annualized volatility.
There are a lot of myths and misconceptions about options trading. Many traders refrain from trading options because they consider it too risky. The only dangerous part of options trading is the risk-insensitive trader who buys and sells options with little or no understanding of just what can go wrong.
Whenever we talk about stock market trading discipline, everyone seems to understand that we are referring to trade decisions. We know that good discipline is required to pull the trigger and exit a trade with a loss. It really should not be difficult. After all, we know our position has not been working and is not likely to get better any time soon.
Reading as much as we can about trading always helps us to improve and become better traders. I'm pleased to share some of the best trading articles, podcasts and videos from some of my favorite traders, bloggers and educators. If you came across an interesting article please share it in the comments section.
