In American novels, well into the 1950’s, one finds protagonists using the future stream of dividends emanating from their share holdings to send their kids to college or as collateral. Yet, dividends seemed to have gone the way of the Hula-Hoop. Few companies distribute erratic and ever-declining dividends. The vast majority don’t bother. The [...]
Iraq’s massive oil and gas reserves:
Iraq has the largest gas and the second largest oil reserve in the world! That’s like having pure gold in your soil. The oil alone is good for $10 trillion. Do you think it will do the Iraqi dinar any good?
$70 billion economy potential:
With their oil and gas reserves, foreign [...]
The origins of today’s futures market lies in the agriculture markets of the 19th century. At that time, farmers began selling contracts to deliver agricultural products at a later date. This was done to anticipate market needs and stabilize supply and demand during off seasons.
The current futures market includes much more than agricultural products. It [...]
In this article I will explain to you how to develop a profitable day trading system in five steps:
Step 1: Select a market and a timeframe
Step 2: Define entry rules
Step 3: Define exit rules
Step 4: Evaluate your day trading system
Step 5: Improving the day trading system
Lets take a closer look at these steps.
Step 1: Select [...]
Summary of Overnight News:
The FTSE-100 will open sharply higher this morning following last night’s strong gains in New York, as dovish comments by Fed chairman Ben Bernanke and sliding oil prices allowed investors to put the crisis in the Middle East to one side and put a bit of blue on our screens to [...]