Are you interested in the work of Nicolas Darvas and his theory of Darvas Boxes? If you are keen to find out and have not read the book How I Made $2,000,000 in the Stock Market or Wall Street – The other Las Vagas, then you may want to check out the latest article called Darvas Boxes over at www.darvastrade.com.

The article has information on what Darvas Boxes are and what to look out for when it is possible that you could make some money from them. There is also a brief look at what goes on behind the scenes in a company that could make these Darvas Boxes appear on your stock charts.

Click here to read the article…

[tags]stocks, stock+trading, investing, nicolas+darvas, darvas+boxes[/tags]

Forex, the Foreign Exchange Market, is a worldwide market for buying and selling foreign currencies. The major currencies that are traded include the U.S. Dollar (USD), Euro (EUR), British Pound (GBP), Canadian Dollar (CAD), Australian Dollar (AUD), Japanese Yen (JPY), and the Swiss Franc (CHF). The purpose of this article is not to go into the details of how Forex works, but to compare the benefits of trading in the Forex market versus trading the Equity (American stocks) or Futures markets (Commodities).

Continue reading…

[tags]forex, currency, forex+trading[/tags]

Share Trading Education have two special offers on their products that close at midnight next Tuesday (28th of February, 2006).

The first is for their Investing & Online Trading Newsletter. Sign up for a low price of $29.95/m & receive $150 free of Jim Berg items. Jim Berg is a former broker, private trader and lecturer with over 20 years experience in the investment industry. He has appeared on CNBC Asia and Market Wrap and is a regular guest speaker at such institutions as the Australian Stock Exchange (ASX), the Sydney Futures Exchange (SFE), the Australian Technical Analysts Association (ATAA) & the Traders Expos at capital cities throughout Australia.

Their second offer is Jim Berg’s Boot Camp – Have you ever wished you could sit in with one of Australia’s top trader-educators to learn how he really trades and invests in the markets using end-of-day techniques – & has achieved the freedom to do what he wants all day & every day of the week? If so get in for their early bird offer to SAVE $500.

[tags]share+trading, investing, finance[/tags]

Gold has recently shot up the ranks as one of the best and safest investments to make this year. With the gold price expected to reach at least $1,000 per troy ounce before the decade is out we can see why. These predictions have not been made by some wild gold fanatics but by industry leaders who also predicted that gold would be trading above the $500 per ounce mark in 2005. The gold price today? $553 per troy ounce and set to soar. $1,000 per ounce is not even an upper limit. Other market gurus see it going to $2,000 and even $3,000 per troy ounce. Gold bulls will be laughing all the way to the bank.

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AmiBroker is a comprehensive technical analysis program, allowing you to study and predict trends in the market and to maintain a portfolio of shares.

It incorporates a powerful set of technical analysis tools, OLE Automation/ARexx interface with rich command set and several options for quotation data import. All these features are available from clean and user friendly interface.

What we really like about AmiBroker:

• Ability to easily import free market data from Yahoo using AmiQuote
• Powerful charting
• Easy to create stock scans using AmiBroker Formula Language (AFL)
• Organise your stocks into Markets, Sectors and Groups
• There is a useful and lively user group and several investing publications producing trading systems with AFL

If you are intrested in following the stock market or are looking for a great charting tool, then we recommend AmiBroker.

Technorati Tags: amibroker, stock charting, finance

We are pleased to announce that we have created a new website to cover all our Forex topics.

The website is called Forex Trader Knowledge (http://www.forex.traderknowledge.com).

We look forward to seeing this site grow into something really useful over the coming months for anyone who is interested in the Forex Market.

Check out our first article – Forex Capital Market.

If you have the chance, we’d be keen to get some feedback.

Technorati Tags: forex, financial

It seems every day some new and up coming superstar day trader (ok wannabe superstar day trader) asks me the same questions. It always strikes me as funny that everybody always seems to have the same questions when to me the answers just seem so obvious.

I will admit I’ve been trading for a while now and I’ve seen and read all the doom and gloom numbers about how 90% of all day traders bust their accounts in the first year. Why? I mean seriously why does this keep happening over and over again? I think it boils down to a couple of really simple but important rules that too many new traders either don’t learn soon enough in order to save some of their trading capital. Or they don’t really understand the concepts. Let’s look at a couple of the major ones that you have to understand and have mastered before you can really hope to earn a living at this day trading game.

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We are excited to announce that we have just set up the Trader Knowledge Newsletter.

Be kept up to date with news from Trader Knowledge by signing up – safe in the knowledge that we will not be passing on or selling your email address to anyone at any time – Ever.

Why not give it a try – You can unsubscribe at any time.

We look forward to hearing from you

If you want to know about what it is like to go from being a losing trader to becoming the Champion Trader of Wall Street then you should read Pit Bull – Lessons from Wall Street’s Champion Trader by Martin ‘Buzzy’ Schwartz.

Schwartz gives an account of how he grew up to become an analyst for several Wall Street companies before deciding to go it alone as a full time independant trader.

He had been trading from the start of his Wall Street career, but had never managed to turn an overall profit. After talking to a friend, he realized that he had to formulate a plan for success. From here he started trading during the working hours of his last job using his unique trading plan – and after several months of consitant success, bought a seat on the AMEX to trade stock options on the trading floor.

After a while as a floor trader, Schwartz found that he was getting good at trading the market off the floor from a quote machine. He moved off the floor permanently and into an office at his brokers – All the time continuing to rack up massive winnings from the options and futures markets. During this time he also entered some trading contest and officially becoming Wall Street’s Champion Trader.

Schwarz then took an untimely move into money management which caused much stress in his life and he documents his journey through massive heart surgery and finaly folding this brief mis-adventure.

Overall, Schwartz tells an informative and funny story of his trading experiences – and much can be taken away by anyone wanting to be, or already involved in, this industry. Hear about the mayhem of trading on the floor of the AMEX, retrieving brief cases full of gold during the panic of market crashes, and how formulating a solid trading plan is the sure way to success in the financial markets.

Where to buy Pit Bull – Lessons from Wall Street’s Champion Trader

If you are keen to buy the book, I would recommend the following websites for getting a better deal than buying at a shop:

• Pit Bull @ Ebay – You can often find a good deal on used items here, and I often pick up useful books for low prices.
• Pit Bull @ Amazon – Amazon.com allways has this book in stock and can deliver it quickly.

The Dividend Guy is a blog run by The Dividend Guy – who incidentally, is also The Running Guy and The Internet Cashflow Guy.

It is a chronicle of his journey to passive income through dividend investing. His goal is to build a $300,000 investment portfolio by the time he is 40 – he is currently 31.

If Dividend Investing is your thing, you may want to check out The Dividend Guy as he says he will publish his progress on a regular basis.

His latest post explains how he goes about starting to build a Dividend Portfolio.