One of the most painful examples of the perils of the day-trading boom has emerged, after an amateur trader turned $15,000 into $1 million, then lost it all, the New York Times reported this week. 31-year old Richard Dobatse told the New York Times he initially funded his account by taking out $15,000 credit and…
The problem with prediction is: it’s a setup to fail. Anticipating outcomes is fun because, when you’re right, you’re a hero. When you’re wrong, you stay as quiet as possible. Here’s another prediction truth: no one really cares in the end. And when they do care, it is for the wrong reasons. My friend Louie…
Investors have more access to the market than ever. Most importantly, you can access the market from the perspective you want more easily than ever. If you want to be a high-frequency trader, you can get automated tools. If you want to invest in fundamentals, you can easily obtain real-time news feeds and tools to…
*This content on day trading is brought to you by CM Trading This podcast is brought to you by CMTrading. I’m Jackie Cameron for BizNews and with me to talk about how South Africans can trade in the global financial markets is Fred Razak, chief strategist at CMTrading. Fred, before we get into the nitty gritty…
Family Feud Question of the Day 8-4Family Feud Question of the Day First Forecast Tonight- Sunday August 2, 2020First Forecast Detroit City Clerk Explains The Importance Of Voting, Process Of Mail-In Voting In 2020Janice Winfrey, Detroit City Clerk, joins Lisa Germani on Community Connect to talk about the 2020 Elections, the importance of voting, and…
A Tax-Free Savings Account (TFSA) can be an excellent way to grow your savings over the long term. But investors need to be careful using it because if you don’t follow the rules, you could end up with fees and penalties that can wipe out a large chunk of your savings. Here are three things…
For some people, the best way to build money will be to assign a portion of their income to a long-term strategy of gaining interest and compound their wealth. For others, the excitement and thrill of the stock market is enough of a lure that they want to engage with it on a daily basis.…
Retail investing is having a moment. Major U.S. brokerages that reported quarterly results this week cheered the self-directed day trading happening on their platforms as individuals with a bit of extra money and time on their hands during the coronavirus pandemic have been engaging more in markets.
Royal Dutch Shell (LSE:RDSB) released its second-quarter results this week, and it suffered losses in several areas. The RDSB share price has been falling in recent weeks, and these latest results have not helped. While it is still up from its March low of around £9 a share, the RDSB share price has dropped more…
Should retirees try their hand at day trading? This question would have been unthinkable up until a couple of months ago. Day trading is risky, and that’s the last thing you should be incurring in your retirement portfolios. Nevertheless, no doubt because many of you have lots of time on your hands during this pandemic,…
You’re not normally a rule-breaker. But violating the pattern day trader rule is easier to do than you might suppose, especially during a time of high market volatility. Don’t let this happen to you. Here’s what you need to know.
Photo by Austin Distel on Unsplash Yesterday, Australia’s chief financial watchdog revealed average retail daily share trading has more than doubled during the COVID-19 period. The Australian Securities and Investments Commission (ASIC) analysed the markets during the COVID-19 period and found a ‘substantial increase’ in retail activity across the securities market.
New Delhi: The Finance Ministry may soon have a decision to make, whether to encourage retail investors participation in the stock market through direct trading or to discourage them as seems to be the case with recent diktats on margins and intra day trading by the regulator, Securities and Exchange Board of India (SEBI) which…
During times of uncertainty, it’s not hard to see the appeal of day trading. Months from now the markets will likely prove that some stocks were undervalued while others were worth a fraction of their selling price. Considering that, thanks to such apps as the uber-popular, commission free Robinhood, stocks are just a tap and…
New York — Investors are increasingly preparing for the risk of a contested US presidential election come November, worried that an ugly political situation will create volatility across markets. A key risk is that Republican President Donald Trump is already questioning the legitimacy of the election, analysts said. His Democratic challenger, former vice-president Joe Biden,…
Day trading is becoming increasingly popular in the cryptocurrency sphere as investors look for ways to profit from the market’s volatility. Day trading’s hectic and fast-paced nature means it isn’t for everyone, but for those with enough knowledge, money, and discipline, it can be an enjoyable and exciting way to trade cryptocurrencies.