Good afternoon,Yesterday we sold our holdings in both Fortescue Metals and National Australia Bank.FMG - the stock moved up quite sharply since our purchase on July 23rd on the back of the China growth story and their quarterly report that we flagged in the purchase email. We sold at $4.5945, providing a gross profit of 9.6% and adding 1.4% to the portfolio in a little over two weeks. The stock hit price resistance at $4.67 and began falling, so...more
Planning plays an important role in any action of our lives and similarly sketching out commodity trading plan before beginning futures trading can be very handy. You will have set action plans in line to your objective, helps you to be consistent and track actions of your futures broker. Having at least a minimum knowledge of commodity futures, futures trading strategies makes it easier in drafting a sound commodity trading plan. Don't...more
The advent of online trading of commodities has been a boon to many investors. You are now free of the tedious process of calling your futures broker, placing order, discussing the price and then decide to execute or not. Technological tools giving live updates, detailed reports and simplified trading platforms are making huge strides into the rising commodity trading field. The first foremost step entails, you choosing a genuine, experienced commodity broker. Ensure the broker understands your financial targets, risk acceptance levels and also make sure the online trading platform and tools used by the broker are secure and easily understandable. Let's look into the various benefits and risks of online commodity trading: Benefits: Investors have the advantage of accessing variety of information required to trade in commodities. Live market news, quotes, analytical charts, projections, reports on commodities etc are made available to clients, which helps you immensely. Most online commodity brokers employ a simple trading platform enabling you to execute orders by yourself, instead of approaching your commodity broker to act on your behalf. Online trading is usually cost...more
Seasoned brokers have no problem gaining profit from the foreign exchange market because they already know the mechanics of such trade. However, even a newcomer can also get involved in foreign exchange trading and benefit from it. Foreign exchange trading is easy enough if one knows the basics.Foreign exchange trading is the practice of selling...more
Some tips on how to save money on ebay and other retailers include using online coupons combined with the use of cash back programs that are available free to give you money back from any item that you buy online. You could pretty much make money on ebay free by just shopping because you are paid a small percentage back on the items...more
Entering the stock market can be daunting and new traders are often advised to have a trading plan. An oft-repeated saying is that ninety percent of all stock traders fail and the remaining ten percent all have trading plans. It's not exactly provable but this should show you how highly regarded trading plans are. A good trading plan can help you through the rough spots when you're trading on the stock market and this means you should try your best to formulate a good one and to stick to it consistently.So how do we formulate this almighty trading plan then? Well, you should start by assessing yourself. This is simple because a trading plan is more than just any vague idea of how you should behave in the market - it's pretty much a program of how you will behave in the market. There's a very thin difference but that difference can mean the loss of thousand of your dollars or you hitting the mother lode. Knowing exactly what you can do and what your mental state is imperative. A trading plan sets the risk level that you want to go and it can be nerve-shattering sometimes when you see a deal that your trading plan won't let you take. Knowing how you will respond and how fast you can...more
Informed decisions by means of intense data gathering, analysis yields superior results as compared to impulsive, ignorant choices. In similar lines, you can garner high returns in commodity trading with the aid of research on your target...more
Through a comparative analysis on the development of graphite & talcum mining industry in 31 provincial regions and 20 major cities in visualized form of data map, the report provides key data and concise analyses on the graphite & talcum mining...more
Have you got any favorite fragrance today? I really love perfumes and I bet you do the same? There's nothing better than a nice fragrance, from a great designer. As you probably know already there are plenty of great perfumes on the...more
At the top of the market, appearances matter, a lot. The interiors are expensive, and only the very best quality flooring is used, and kept in immaculate condition. In fact, they look so good that people often wonder how they do it....more
Many people think that the forex market can easily be memorized and mastered. Once they have the right tools to use, they quickly assume they are good to begin their journey and profit. This is where plenty of traders and forex investors lose lots of...more
To be able to succeed at trading, you must be fully aware of how to strengthen your trading mindset.Trying your luck at trading is as good as trying your luck at a card game table in a casino, you take a gamble byt placing your bet on what you...more