Trading Critic: Forex, Stocks - Trading Commentary

Big profits from Currency Trading

Mon, 15 May 2006 21:26:02 -0700

If you want to make big profits from currency trading, you need to lock into and follow the longer-term trends.

“The art of contrary” thinking is one of the most powerful tools a trader can use, and is a trait with which all true great traders are familiar with.

What is the Art of Contrary Thinking?

Humphrey Neill’s book, "the art of contrary thinking,” the best known work on the subject, is based on a simple powerful idea that:

Futures Options Trading

Mon, 15 May 2006 21:23:24 -0700

A forward contract is a customized contract between two parties to buy or sell a specified quantity of a particular commodity at a specified price on a specified future date. Futures are exchange-traded forward contracts, i.e., forward contracts done in organized exchanges like stock or commodity exchanges.

A futures contract is standardized. To be more specific, futures being traded on exchanges have terms standardized by the exchange. The standardized items in any futures contract are: the quantity of the underlying product; quality of the underlying product (not required in financial futures); the date and month of delivery; the units of price quotation (not the price itself) and minimum change in price (tick-size); and the location of settlement.

Futures Trading Software - Choosing a Package For Big Profit Potential!

Mon, 15 May 2006 21:23:20 -0700

The growth of the Internet has seen traders look more at the use of futures trading software as a way to increase their profit potential.

Today, many vendors are selling futures trading software packages that make 50% annualised gains a reality.

While there are many good systems, there are also many that don’t perform. This article is all about picking the ones that do and making big profits.

How To Invest In Stocks

Mon, 15 May 2006 21:23:04 -0700

A stock, also referred to as a share, is commonly a share of ownership in a corporation. A stock exchange is a market in which securities are bought and sold, and it is an essential component of a developed capital market. It is indispensable for the proper functioning of corporate enterprise. It brings together large amounts of capital necessary for the progress of a country. It is the citadel of capital and the pivot of money markets.

Energies Seasonal Trends – How To Trade Them For Huge Profits!

Mon, 15 May 2006 21:22:52 -0700

If you want big profits you need volatile trending markets and energy markets are just such a market.

Seasonal trends allow traders to better isolate high return, low risk trades and are easy to use and take advantage of and can increase your profit potential dramatically.

They are perfect for all traders, even those who have never traded energies before.

Here we will give you the key seasonal for each energy market and the golden rule for trading them. Let’s have a look at the seasonal trends in crude its two by products unleaded gas and heating oil and finally natural gas.

Are You Calmed and Relaxed When You Trade?

Mon, 15 May 2006 21:08:50 -0700

Sometimes I get some really strange questions in the mail. The one that follows is one of them. Although I try to be like "Rambo" when I trade, I haven't in actuality fully achieved "Rambo's" degree of "coolness."

"Joe, is it really true that you are able to stay calm and relaxed when you trade? Are you saying you have never cracked under pressure?"

There have been times when I made mistakes under pressure, but I don’t recall ever cracking under pressure. By that I mean I didn't panic, but I have come close. Being short soybeans when Chernobyl blew up was probably the closest. I've made huge errors in conduct - once I sat and lost $45,000 in a matter of minutes because I tried trading while teaching a student at the same time. Lesson learned: Never trade and teach at the same time. Stay focused on one or the other. I once woke up to a margin call of $21,000+, but it turned out in my favor. I had erroneously left a 5-lot in the market overnight - thinking I was flat - the result of sloppy housekeeping.

Choose Your Trading Style in the Markets

Mon, 15 May 2006 19:58:49 -0700

People give names to the various types of traders out there. Perhaps they all have origins from the trading desks they had when they were gainfully employed for a major financial institution. "You will be a day trader." says their boss. "Ok". "I dub you a value investor". "Ok." There are a lot of labels out there about the types of trading there is: intra-day, inter-day, end of day, swing trading, trend trading, position trading, value investor, heck there may be a lot more trader labels out there. But the truth is that the labels are no better than stereotypes.