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1st in a series of videos outlining the basics of Day Trading, Showing how an average joe can open an account with 5-20k and make $500-$1000 a day trading the market. Will show you how i do it, and answer any questions you have. Each day.
The economy will worsen in the coming months and cause the market to fall another 20 to 25 percent in the United States and abroad, said Nouriel Roubini, a New York University business professor, on CNBC’s “Squawk Box” on Monday. Source: CNBC http://www.cnbc.com/id/27643300
ali g talks to teh chief economics advisor to Ronald Reagan
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Nov. 5 - Wall Street suffered a 5 percent retrenchment as investors realized an incoming Barack Obama presidency does not mean a new economic outlook.
Investors believing that Wall Street is on the verge of a yearend rally piled into the market Tuesday, brushing off more weak economic data and propelling the Dow Jones industrials up 300 points to its highest close in four weeks. (Nov 4.)
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Nov. 13 - A late-day buying spree pushed Wall Street up by 7 percent despite more dark signals from the real estate and labor markets.
Wall Street suffered its third straight loss Wednesday, as investors absorbed more dismal corporate reports and news that the government won't buy banks' soured mortgage assets after all. (Nov. 12)
Wall Street shrugged off the nation's worst economic output reading since the third quarter of 2001, despite the fact that it could indicate the economy is in recession. (Oct. 30)
Gethin tickled on his feet after boasting all day it would be someone else :)
Wall Street plunged for a second day, triggered by concerns about widespread economic weakness sent the major stock indexes down more than 4 percent Thursday. (Nov. 6)
http://www.informedtrades.com/ A Lesson on Bollinger Bands for active traders and investors using technical analysis in the forex, futures, and stock markets. The link that I refer to on Standard Deviation is here: http://en.wikipedia.org/wiki/Standard_deviation The link that I refer to with more resources on Bollinger Bands is here: http://www.informedtrades.com/tags/index.php/bollinger%20bands/ In our last lesson we learned about the Stochastic Oscillator and how traders use this in their trading. In today's lesson we are going to learn about an indicator which helps traders gauge the volatility and how current prices compare to past prices. Bollinger Bands are comprised of three bands which are referred to as the upper band, the lower band, and the center band. The middle band is a simple moving average which is normally set at 20 periods, and the upper band and lower band represent chart points that are two standard deviations away from that moving average. Example of Bollinger Bands: Bollinger bands are designed to give traders a feel for what the volatility is in the market and how high or low prices are relative to the recent past. The basic premise of Bollinger bands is that price should normally fall within two standard deviations (represented by the upper and lower band) of the mean which is the center line moving average. If you are unfamiliar with what a standard deviation is you can read about it here http://en.wikipedia.org/wiki/Standard_deviation. As this is the case trend reversals often occur near the upper and lower bands. As the center line is a moving average which represents the trend in the market, it will also frequently act as support or resistance. The first way that traders use the indicator is to identify potential overbought and oversold places in the market. Although some traders will take a close outside the upper or lower bands as buy and sell signals, John Bollinger who developed the indicator recommends that this method should only be traded with the confirmation of other indicators. Outside of the fact that most traders would recommend confirming signals with more than one method, with Bollinger bands prices which stay outside or remain close to the upper or lower band can indicate a strong trend, a situation that you do not want to be trading reversals in. For this reason selling at the upper band and buying at the lower is a technique that is best served in range bound markets. Example of Buying and Selling at the Upper and Lower Band: Large breakouts often occur after periods of low volatility when the bands contract. As this is the case traders will often position for a trend trade on a break of the upper or lower Bollinger band after a period of contraction or low volatility. Be careful when using this strategy as the first move is often a fake out. Example As Bollinger bands paint a good picture directly on the price chart of how high or low price is relative to historical prices, this is a good indicator to use in conjunction with other methods such as some of the chart patterns that we have learned so far and some of the candlestick patterns which we will learn in future lessons. Below is one such example: As Bollinger Bands are one of the most popular indicators around I have created a special page on InformedTrades.com which lists multiple resources for those looking for more information on trading Bollinger Bands. That's our lesson for today. You should now have a good understanding of Bollinger bands and how traders use these in their trading. In our next lesson we are going to go over the Average Directional Index or ADX, which helps traders identify the strength or weakness of a trend so we hope to see you in that lesson. As always if you have any questions or comments please feel free to have them in the comments section below, and have a great day!
Wall Street got another dose of painful reality Tuesday, with stocks falling sharply as investors recognized that few industries are safe from the consumer spending slump. (Nov. 11)
http://www.todaytrader.com. Day trading in stocks is both risky and difficult. Please consult your financial advisor before attempting to trade actively. TodayTrader is not responsible for any content that may be viewed on this channel. These videos are not meant to be recommendations in the market. Day trading equities requires a retail account balance of at least $25,000 and must remain at or above this level to trade stocks actively. This website is not a solicitation to buy or sell securities, options, or futures. The purpose of this content is educational only.
Wall Street plunged for a second day, triggered by concerns about widespread economic weakness sent the major stock indexes down more than 4 percent Thursday. (Nov. 6)
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Relieved investors stormed back into global markets Thursday, sending stock indices in Hong Kong, South Korea and Japan surging by double digits, after the U.S. Federal Reserve slashed interest rates to help revive the world's largest economy. (Oct. 30)
Nov 19 - The Dow dropped below 9,000 for the first time since March 2003 as the threat of bankruptcy in the auto sector added to fears of an extensive economic slowdown.Blue chips tumbled 427 points, down 5 percent, to 7,997. The S&P 500 lost 52 points, or 6.1 percent, to 806. The Nasdaq shed 96 points, or 6.5 percent, to 1,386. Crude oil prices fell to $53.62 a barrel. Conway Gittens reports from New York.
Wall Street barely budged in extremely quiet trading Monday. The session was the calmest in recent memory, with the Dow Jones industrials moving in a range of just over 130 points. (Nov. 3)
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What's an education system without profiteers? No education system at all! Apollo Group Inc. (APOL), Strayer Education Inc. (STRA), ITT Educational Services Inc. (ESI), DeVry, Inc. (DV)
http://www.todaytrader.com. Day trading in stocks is both risky and difficult. Please consult your financial advisor before attempting to trade actively. TodayTrader is not responsible for any content that may be viewed on this channel. These videos are not meant to be recommendations in the market. Day trading equities requires a retail account balance of at least $25,000 and must remain at or above this level to trade stocks actively. This website is not a solicitation to buy or sell securities, options, or futures. The purpose of this content is educational only.
Relieved investors stormed back into global markets Thursday, sending stock indices in Hong Kong, South Korea and Japan surging by double digits, after the U.S. Federal Reserve slashed interest rates to help revive the world's largest economy. (Oct. 30)
Stocks tumbled almost 445 points in the final minutes of trading to levels not seen since 2002 as hopes fade that lawmakers will soon put together an aid package for the U.S. Automakers. (Nov. 20)