stocks
Stocks made simple; the essentials of stock trading and how stocks are priced, bought and sold.
Bitcoin Traders Hope Bottom is In After BTC Price Bounces 9% from Lows
Bitcoin, the world’s foremost cryptocurrency, has recently caught the attention of traders and investors alike. A notable 9% bounce from its recent lows has led many to speculate whether the market has finally found its bottom. This article delves into the nuances of this price movement, the potential implications for the broader market, and what traders might expect in the near future.
By Amzad Hussain 19 days ago in Trader
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 Soulliere19 days 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 Chan21 days ago in Trader
Securing the Future of Banking – Exploring the Synergy of Blockchain Development and Cybersecurity
Introduction In an era dominated by digital transactions and virtual financial ecosystems, the security of banking systems is paramount. The convergence of blockchain technology and cybersecurity presents a promising avenue for fortifying the foundations of modern banking. This article delves into the synergistic relationship between blockchain development and cybersecurity, elucidating how these technologies can collaborate to enhance the security, efficiency, and trustworthiness of banking systems.
By Wiseway Tec22 days ago in Trader
Top 5 Cryptocurrency Trends You Need to Know in 2024
Introduction Cryptocurrencies have been a revolutionary force in the financial world, transforming how we perceive and handle money. As we step into 2024, the landscape of digital currencies is evolving rapidly, with significant trends shaping the future of this dynamic sector. Staying informed about these trends is crucial for anyone involved in or interested in the world of cryptocurrencies. This article explores the top five cryptocurrency trends you need to know in 2024, offering insights into the future of digital finance.
By Raja views22 days 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 Trader24 days 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 Ajaero25 days ago in Trader