Knowing how to spot and trade strong momentum trade signals can help avoid false breakouts while trading the best patterns in the markets, says veteran trader Ken Calhoun of TradeMastery.com and DaytradingUniversity.com.
Rob Booker talks with special guest, Matt LaCoco, a currency trader from Colorado Springs, who Rob says is his idol because Matt is the most relaxed trader that he has ever met. So, Rob asks his relaxed trader friend for some advice on how to chill out and why being a zen trader is so important to his trading. Matt describes how getting emotionally distraught can be expensive. ...
Stock markets around the world reacted to the mixed message from the Federal Reserve by selling, with over a 7% drop in Japan’s Nikkei 225. MoneyShow’s Tom Aspray shares his interpretation of Wednesday’s action and three reasons why investors should avoid panic selling.
If you are buying options it's important to buy them as cheaply as possible, writes Markus Heitkoetter of Rockwell Trading, because your break-even point will also be lower, thus allowing you to reach profitability sooner, too.
Follow Jim Jubak’s daily market commentary and recommendations, as well as more in-depth economic and market opinions every Tuesday and Friday. You can also watch lively two-minute video segments from Jim Monday, Wednesday, and Friday.