I once heard that time is the single most important factor when it comes to investing. The more time you have, the better off your investing portfolio. Mostly because short term movements in the market are gradually smoothed out over time. In 2012, the broad market, as measured by the S&P 500®, gained 16%. What [...]
Hollywood does a pretty good job of fictionalizing the markets. This is my short list of the Best Wall Street Movies. Wall Street Topics Covered: Being a Stockbroker, Insider Trading Michael Douglas plays a big time Wall Street player, Gordon Gekko, who has more money than he could possibly care about. He is idolized by Bud [...]
This is part 3 of a 3 part series on Futures. If you’ve seen the movie Trading Places with Eddie Murphy and Dan Aykroyd, then you’ve seen the nitty gritty futures market in action. If you haven’t, here’s a quick clip explaining the basics of the market. [youtube g4Uv4ftekaI&] Let’s Start with Some Key Definitions [...]
Trading without a stop-loss is like jumping out of a plane without a parachute, yet most first time investors don’t take the time to place this simple order. Simply put, a stop-loss order is an order placed with your broker to sell your position once the asset drops to a certain price. Well if trading [...]
