stocks
Stocks made simple; the essentials of stock trading and how stocks are priced, bought and sold.
Stock Trading - Entry 24
Previously, I wrote about how El Salvador is using part of the electricity generated at a geothermal power plant at a volcano to operate a government bitcoin mining operation with the end goal of building a new city. This article contains a stock actually listed on a Canadian stock exchange doing a little bit of the same - minus the whole bitcoin thing. Are you ready to harness a volcano to add power to your portfolio?
By Richard Soulliere2 years ago in Trader
A Closer Look at the Diverging Signals from U.S. Employment Surveys
Some economy watchers have been surprised by the faster employment growth recorded by the U.S. Establishment Survey, ES (used to compute non-farm payrolls) versus the Household Survey, HS employment (used to calculate the national unemployment rate). The Bureau of Labor Statistics, which compiles this data, argues that the ES is more closely linked to economic growth because it includes 80% of workers who contribute to real GDP. In contrast, others believe the HS is better at capturing turning points in the economy because it measures the number of people employed rather than the number of jobs.
By Anthony Chan2 years ago in Trader
How to Use ChatGPT as a Financial Analyst
how financial analysts can use ChatGPT, including ways to enhance Excel tasks, analyze financial data and reports, create presentations, and ask business-specific questions. ChatGPT can act as a personal assistant, help clean up data, generate insights, and improve work efficiency. Additionally, the video emphasizes the importance of verifying the accuracy of AI-generated output and the potential of AI technology in the field of financial analysis.
By Alex Huang (Digital Marketer)2 years ago in Trader
The Trader's Path
I started ‘trading’ in the late winter/early spring of 2021. At the time, I had a decent amount of extra income, and after coming across some YouTube videos on trading, I figured what I’m sure most people do, “this doesn’t look that hard.” I quickly made around 20K during the bull run from 29K to 60K trading on Bybit and thought I was a God. I was quickly humbled after getting liquidated on an isolated trade and saw my 20K net profit get cut in half. It was then that my real trading journey began. In March 2021, I joined Chart Champions (under a different name) and stayed in the group for about 1.5 years. To the credit of CC, I truly did learn a lot about trading (shout out to Igor and Trader R). I eventually left around the summer of 2022 as I felt I had outgrown the core principles they were teaching. From that summer to the beginning of 2023, I engaged in a cycle of up and down trading where I eventually lost the full 20K plus my initial investment. To compound this even further, I had two different spot accounts go way underwater, putting my total losses (about half unrealized/still holding) around $60K. Losing the entire 20K, along with my initial investment, and watching my spot accounts plummet was one of the most depressing periods of my life. The overwhelming sense of isolation was intensified by having no one to share this pain with. For those who truly understand the intricacies of technical analysis, it’s not something easily explained to the average person. I shut down my computer and didn’t look at a chart again until this past spring of 2024.
By The Faceless Trader2 years ago in Trader
Forex Trading for Beginners
What is Forex Trading? Forex, or foreign exchange, is the global market where currencies are traded. It’s one of the largest financial markets in the world, with trillions of dollars exchanged daily. Unlike other markets, the forex market operates 24 hours a day, five days a week, allowing for trading around the clock.
By Chinemerem Ajaero2 years ago in Trader
Best MACD Trading Strategy with over 85% Win Rate
In the bustling world of trading, I had always been on the lookout for strategies that could offer a significant edge. One day, while browsing through trading forums and watching numerous videos, I stumbled upon a MACD strategy that promised a high win rate. Skeptical but intrigued, I decided to delve deeper.
By Dave Karpinsky, PhD, MBA2 years ago in Trader
Ten Best Trading Indicators after 10 years of Trading
Creating an effective trading strategy involves more than just picking stocks or reading charts; it requires the right tools and indicators to make informed decisions. Here’s a story about my journey to discover the 10 best stock indicators that have proven to be invaluable in trading.
By Dave Karpinsky, PhD, MBA2 years ago in Trader
Sun Tzu's The Art of War Applied to Investing
The art of war is an ancient Chinese military treatise attributed to the military strategist Sun Tzu, believed to have been written during the 5th century BC. It is composed of 13 chapters, each dedicated to a different aspect of warfare.
By Sofien Kaabar2 years ago in Trader
Better Semiconductor Stock: Nvidia or Advanced Micro Devices
The semiconductor business remains as a basic mainstay of present day innovation, controlling everything from cell phones to supercomputers. Inside this area, Nvidia (NVDA) and High level Miniature Gadgets (AMD) are two of the most conspicuous players, each with its own assets and vital core interests. Financial backers frequently end up conflicted between these two monsters while thinking about where to put down their wagers. This article dives into a similar investigation of Nvidia and AMD to figure out which may be the better semiconductor stock for your portfolio.
By Amol Deshmukh2 years ago in Trader
