Do you want to build wealth so that you can become financially secure? Many people start by focusing on learning new ways to invest, which is important. However, the wealth you create is also influenced by what you spend your money on once you have it. Many of us fall into the trap of spending more money as we make more, and so we are not really getting ahead. We all spend money on things […]
Read moreTrader Tip – How to Use Support and Resistance to Improve Your Trading Results
Today I want to talk more about Support & Resistance and how understanding some key principles will help you. These are taken from Lesson 2 in our Learn to Trade Program. Many new traders mistakenly believe that Support and Resistance (S/R) levels are like brick walls, stopping price movement. In reality, they behave more like trampolines. Price often tends to bounce away from S/R instead of stopping as soon as they reach the level.
Read moreAre You Gambling or Trading Stocks?
Is Trading the Stock Market Gambling? Well, that all depends on how you approach the market. Let me explain. Online trading has exploded in recent years, attracting complete novices who think they can spend a few hours each week pressing a few buttons and end up making a fortune. The problem with this “Get Rich Quick” mentality is that you will likely end up losing your entire account. That’s because you will take on far […]
Read moreShould You Buy Now PayLater?
What is Buy Now PayLater and Who are the Main Players? Buy Now PayLater BNPL (also known as Point of Sale Loans) allow consumers to spread the cost of purchases over a longer period rather than paying immediately in full. In most cases, the terms are interest-free, provided the repayments are made on time. BNPL firms make their money through late fees and charging retailers a percentage of each transaction. The BNPL market has exploded in popularity, as we […]
Read moreA Simple Way to Make More Money in the Stockmarket
Many investors are afraid to invest in the Stock Market because they believe it is too risky. What they are really saying is that they’re afraid of losing money. For a new investor, this FEAR OF LOSS holds them back from achieving the results they deserve. “You’re Not Alone” I want to reassure you. It’s pretty normal when investing to be concerned with the risks and losing all your money. Especially if you’re a cautious […]
Read moreAre Your Money Beliefs Holding You Back?
Do you believe that having too much money is bad or even worse evil? If so, have you ever stopped to think about where those beliefs came from? In teaching students to trade stocks, I have discovered that many hold limiting beliefs around money. These beliefs prevent them from creating the wealth they truly desire. That’s because our money beliefs subconsciously influence the decisions we make around money each and every day. When an opportunity […]
Read moreAre Rising Interest Rates Bad News for Stocks?
As a Stock investor, it’s important to be aware of the relationship between the economy, interest rates, and Stockmarket performance. This will allow you to make better, more informed decisions about where to invest, anticipate market corrections, and protect your investments. Interest Rates and the Economy The starting point is understanding the economy and how it is performing. That’s because the strength of the economy is the main driver of the level of interest rates. […]
Read moreCall Options for Beginners
If you’re trading a small dollar account, less than $5k, you may be finding it hard to buy expensive stocks like Tesla, Amazon, Apple, or Netflix. If this sounds like you, you may want to consider using Call Options. They will give you the exposure you’re looking for and are cheaper than buying the stock outright. Sound interesting? Let’s take a closer look. What are Call Options? A Call Option gives the buyer the right […]
Read moreAre You Making these Trading & Investing Mistakes?
Are you struggling to become a profitable trader? Do costly mistakes stop you from making more money? If so, you’re not alone. Learning to trade Stocks and Options can be one of the most challenging things you can do. It can also be one of the most rewarding. And when you eliminate these common trading mistakes your results will improve. If you’re new or have been trading for a while, you will likely experience some […]
Read moreOptions Trading for Beginners
Let’s talk about Options. What are they? How do I use them? Are they for me? I first discovered Options following the Global Financial Crisis in late 2008. It was then that I discovered the downside of using Stop Loss orders when stocks gap down in price. They don’t always reduce your losses. Reeling from the emotional pain of large losses, I was determined to bounce back and not suffer again. That’s when I discovered […]
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