I’m not sure if what I’m about to say is entirely true, but from what I have read, Trend Trading is one of the most popular and long lived trading system around.

I really like Trend Trading and use it as the basis of my trading system. It has always seemed to make sense to me - A kind of ‘if it ain’t broke, don’t try to fix it’ approach to calculating the future price of something.

However, I also understand that it is not the only trading system that words, but I have success with and so do many others. I am also a Technical Trader, and Trend Trading probably lends itself more to the technically inclined.

What follows is a brief introduction to the world of Trading the Trend. Let’s take a look at what it is, how it works and who uses it. (Read More…)

Since it is nearly Christmas, I thought I would write something about the Boston Snow Indicator.

The theory is that if there is snow in Boston on Christmas day then the price of stocks will go up for the coming new year.

Hmm.. I’m not sure just how valid this economic indicator is, But I don’t think that I will place much faith in the Boston Snow Indicator this (or any) year!

Unfortunately, I have had a good look around on the internet and there does not seem to be much evidence to support the accuracy of the Boston Snow Indicator.

(Read More…)

If you are looking for some training material to get started in trading then you should take a look at Surefire Trading.

The Surefire Trading products are written by Mark McRae, and experienced trader, lecturer and author.

If you visit the Surefire Trading Website, you will see that there are several books for sale at a reasonable cost that can be immediately downloaded.

Each book deals with a different aspect of trading, or a different financial market, each with their own differences that require a different set of skills and research.

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TraderKnowledge.com has featured in the most recent editions of the Carnival Of Personal Finance and the Carnival Of Investing.

You can check out the Carnival Of Personal Finance at A Penny Saved where Growing Your Investments With Compound Interest is featured.

You can also visit the Carnival Of Investing at Lazy Man and Money where What Are Exchange Traded Funds? is featured.

It is worth surfing over to these websites to check out the other submissions. Hat’s off to the guys who put these carnivals together .. I’ve done one before and it’s a lot more work than it looks!

In other news, the Free Compound Interest Calculator has been awarded the “User Choice” award at FreeDownloadManager.com. This is exciting news for me because I have never won an award for any of my software before In fact, I’ve been amazed at how much traffic has arrived at this website from people looking for a Compound Interest Calculator!

This article is a brief introduction to Day Trading.

A basic definition of Day Trading is the buying and selling of financial instruments within a single day. This means that any positions that are opened in a market are closed by the end of the trading day.

The profit or loss (but hopefully profit!) for the day is then calculated from the balance of trades.

Many people would have become familiar with the term Day Trading from the era of the dot com boom - mainly because this was the time when technology became available to give the general public easy and cheaper access to the financial markets.

However, the truth is that day traders have been around for as long as there have been financial markets. (Read More…)

After releasing the Free Compound Interest calculator, there have been a lot of visitors here who are searching for compound interest calculators or arriving from the various download sites that are hosting the Free Compound Interest Calculator.

So, I thought that I might expand a little on how we can use Compound Interest to our advantage when wanting to maximize our investments.

First of all, let’s take a look at how the compound interest calculation works.

Let’s say that we buy $1,000 worth of an investment that will pay us a rate of 15% per year.

(Read More…)

I recently bought Forex Trading Machine and thought I would share my opinion of it here. If you currently trade, or are thinking of trading the Forex Market, then you may want to take a look at it.

In Forex Trading Machine, Avi has identified what he calls the Price Driven Forex Trading (PDFT) method of trading the Forex Market.

Avi explains that the Price Driven Forex Trading (PDFT) is a way of trading without the usual technical indicators like the moving average, Bollinger bands, pivot points, ect. But instead relies upon the price of a currency pair and a time element. (Read More…)