Tag: howto

 

Trailing stops and stop-losses

Trailing stops lock in profits, whilst stop-losses limit losses. Using these effectively requires deeper understanding and experience than is outlined here. [The ‘sue yourself’ principle applies as usual.] A stop-loss (sometimes just called stop) – is when you set a price where your trade is exited automatically. If going long, in this scenario (you buy) – you expect price to climb, and great if it does. But you don’t know whether it will fall seconds,Read More

Tough enough?

Financial trading of whatever type is a very difficult ‘game’ to play for a number of reasons. When you’re faced with an insurmountable obstacle, when you’re losing, when you feel rotten at doing something for months on end – especially something new and well outside of you usual zone of comfort – what do you do? A lot of people will say to themselves, “I can’t win.. I don’t have what it takes.” They areRead More

The Hawaiian Holdings (HA) set up

This is analysis of Hawaiian Holdings (Airlines). Importantly the total collective psychology of investors is represented in the market at the snapshot. The stock is pretty strong in it’s growth. Industry gurus are mixed about whether it should be a buy or a sell, though forecasts are favourable in the longer term. That’s okay, if one is buying and selling shares. However, spreadbetters only want to: Identify an opportunity Predict where price may go in theRead More

Financial trading–what’s that?

‘Who’s this guy?’ – you may ask yourself (video below). Financial trader? That’s somebody who trades in stocks and shares – right? The short answer is ‘no’. Whilst the term may include ‘stocks and shares’ it doesn’t exclusively. It’s like asking, “Do cars (automobiles) have four wheels?” The answer may seem simple – but some cars don’t have four wheels. So to say ‘yes’ means that a single exception proves the answer to be wrong.Read More