Stop, Limit, Profit and Loss

Parachute

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 [...]

Trading for Fortune Tellers

Fortune tellers read signs so they can ‘see’ the future. And traders use technical indicators do the same. A technical indicator is basically a picture of numbers. Every basic indicator starts with prices. A stock price changes all day but the 4 most important prices are the price when the market opens, the price when [...]