The way the market is moving has brought up a lot of questions, and a lot of frustration for many. And there are lots of things we could talk about when looking at it. We could talk about why we were being so patient with the market. We could talk about position sizing or why […]
Category Archives: Blog
Do you find yourself getting impatient, jumping into a trade too early … only to see it eventually come to the level you were waiting for, but by then the losses are mounting and you don’t feel comfortable holding it any longer so you stop out for a loss. Or does the setup you defined […]
There is an illusion that making money trading is easy. That all you need to do is to learn a setup, open a trading account, follow a plan and the financial goals you aspire to will come to you. In truth, trading is actually very simple. But success rarely comes as easily as we desire. […]
07
Jun
Jun
On May 31, President Donald Trump announced that the U.S. is imposing a 25% tariff on steel and 10% tariff on aluminum from three of its biggest allies, Canada, Mexico, and the European Union. Trump, who campaigned on his America First platform, has long blamed the rest of the world for his country’s alleged problems. […]
24
May
May
Canada Set to Legalize Recreational Use of Marijuana The recreational use of marijuana in Canada is expected to be legalized in the coming months. To meet the expected demand for marijuana, some of the industry’s biggest cannabis growing companies are hoping to grab an even bigger piece of this burgeoning, lucrative market. Legalizing the recreational […]
17
May
May
Hundreds Killed as U.S. Opens Jerusalem Embassy Tensions in the Middle East are at a tipping point. Less than a week after Trump announced the U.S. was withdrawing from the Iran nuclear deal (infuriating both Iran and the five other signatories—U.K., Russia, France, China, and Germany), the Middle East was rocked by violence and death […]
10
May
May
Investors Are Increasingly Pessimistic about the Stock Market Despite Wall Street reporting solid first quarter earnings, investors have become increasingly pessimistic about the future of the stock market. After a tumultuous start to the year, investor sentiment has gone from euphoric to negative. Stocks have struggled to break out of a tight trading range since […]
03
May
May
Tensions in Middle East Will Soar if U.S. Exits Iran Deal President Donald Trump has given the signatories of the 2015 nuclear deal with Iran until May 12 to fix “the worst deal ever” or he will reinstate crippling sanctions on Iran. Meanwhile, Iran has said that if the U.S. does not ratify the nuclear […]
26
Apr
Apr
Oil Prices Rally to $70 per Barrel Oil prices are rallying toward $70 per barrel. Both the Canadian and U.S. economies are performing well, but sustained increases above these levels could pose troubles for the two economies. The last time oil prices were at $70 per barrel was in November 2014; back then though, oil […]
19
Apr
Apr
Federal Reserve Eyes Further Rate Hikes in 2018 The Federal Reserve raised its key lending rate on Wednesday, March 21; the first meeting under new Chairman Jerome Powell. The rate hike is a sign of confidence that the U.S. economy is getting strong with low unemployment and rising wages. The big question is how many […]
