The fallout from the coronavirus has been rapid. The last few weeks have seen huge levels of volatility and the S&P 500 has dropped around 29% from it’s February peak. If you have read any of my previous updates you will know that I have been waiting for an opportunity like this for some time. […]
Opinion
The Truth About Zero Commissions
Popular brokerages like TD Ameritrade and Schwab have cut their trading commissions to zero and more brokers are following suit. A reader asked about the impact of zero commissions on trading so I thought I would share my thoughts below. Mixed Feelings My first impressions of this news are mixed. It’s great to have zero […]
Only Optimists Make Money In Stocks
I came across the following quote on Twitter: Unless you’re a perennial short seller, pessimism about the future is of no help. Only optimists make money in the markets. D Mutukrishnan Mutukrishnan has a great way of words and I think this quote is very true. If you’re too pessimistic about the market you’re going […]
How I Messed Up With Bitcoin
I thought I would write an article about bitcoin because it might be valuable to go over what happened. I bought some bitcoin in 2017 and made some money with it. In fact, percentage wise it is the best trade I have made in the past few years. However, I still think I messed up […]
5 Questions You Must Ask Before You Start Trading
Before you start trading it’s important to be prepared for a long road ahead. Even if you’re born with a natural talent you will still face a number of obstacles that you will need to overcome to be successful. 1. Do You Have Enough Capital? Unfortunately the most passionate new traders are often the least […]
Citron Research Flips On Tesla
“TSLA is not just pulling customers from BMW and Mercedes but also from Toyota and Honda. Like a magic trick, while everyone is focused on Elon smoking weed, he is quietly smoking the whole automotive industry.” – Andrew Left Anyone paying attention to the Tesla stock knows that it’s one of this market cycle’s most […]
No, This Market Is Not Confusing
Last week I received an email courtesy of the StockTwits newsletter with the headline ‘This Market Is Confusing Everyone’. Apparently, because the market has fallen, gone up, and then fallen again (in the space of a few days) investors are totally confused and the market is ‘faking out everyone’. Unfortunately for the headline writer, this […]
Predictions Ahead Of The UK Election
In this article I look at some of the ramifications of the upcoming UK election for financial markets. This is likely to be a less volatile event than Brexit. If the Conservatives don’t get a 50-seat majority, there is downside for the pound. But it would take a shock result to eject GBPUSD from its […]
Twitter Is The New Magazine Cover For Traders
Traders have known for some time now that mainstream media is not a reliable source of information for predicting future price moves in financial markets. In fact, it is assumed by many investors that once a story is fully reported in the financial press, the vast majority of the corresponding price move has already taken place.
Is Now A Bad Time To Invest In Stocks?
I recently came across the following question on the website Quora so I thought I would add some thoughts. This is a topic that is currently dominating the markets right now. Nearly everyone is concerned that the market is well overdue for a correction so it feels important to address this issue:
