It’s a complicated question. It depends on whether you want to work as a swing trader or not. The best advice is to work as a trader if: You want to take money away and start your own business. You want to buy and sell the stock of somebody else. You want to trade with […]
It really depends on what you’re trading. The main focus is how hard you can work and the level of education you have to have. If you work part time, it’s hard to say that is your income for the day. The average day may pay somewhere around $5,000 to $6,000. If you work full […]
The above chart is actually from the Wall Street Journal today, and shows “the average daily daily returns on shares owned by individuals ($2.54 billion), which is the average daily daily performance. It looks at the performance in the 12-month period ended in December 2013.” The chart shows that day traders (i.e., individuals who own […]
The answer is not clear,” said RBC Capital Markets chief equity strategist Michael Olson at UBS. “What’s clear is that as the [U.S.] dollar strengthens, the Fed’s policy rate will move away from its 2% target, meaning investors will want to buy the U.S. currency and that means the loonie is likely to fall.” In […]
Most of the time I’m happy to go with something I think is going to perform well, but I’m also aware that other factors need to be accounted for. One very important factor is margin. Margin is the amount of money that is being bet against the position at a given point in time. You […]
Yes. As of October 1, 2010, you will be allowed to live on less than 500 000. What if my savings do not cover my health insurance? What are the consequences for retirees if you are uninsured? If you have fewer than 200 000 in total savings, it is considered to be your retirement income. […]
As a general rule, any combination of colors that have more than three colors can be used as a “pattern.” It can be used to choose from among colors that are a match for another pair of colors or to pick a color combination that is “better” than “opposite” a color. If there are two […]
Yes of course. But it’s a difficult and expensive profession — trading on the Chicago Board Options Exchange requires a minimum of 2,700 options positions — and you have to start trading within seconds of your trading day. Trading stocks takes time. So you have to be a long-term trader who has been able to […]
This will depend mainly how much you are willing to hold and lose on it. The price is typically the best indicator for long term value, but if a stock has been undervalued, it may be wise to wait until a higher price comes along. If you have your eyes on a stock long term, […]
You may ask, how long should I expect it take to learn a new skill? The answer is – very long. It really takes time. Many people think this time will come as soon as you’re in college, just to be able to go to work and pay attention to work. They don’t think you […]