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Showing posts from August, 2017

Why forex traders lose money

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By John Russel the balance A commonly known fact is that most forex traders fail. In fact, it is estimated that 96 percent of  forex traders lose money  and end up quitting. DailyFX found that many FX traders do better than that, but new traders still have a tough timing gaining ground in this market. To help you to be in that elusive 4 percent of winning traders, we have compiled a list of the most common reasons why forex traders lose money. Starting Advice Do not try and beat the market! The market is not something you beat, but something you understand and join when a trend is defined. At the same time, the market is something that can shake you out if you are trying to get too much from it with too little capital. Beating the market mindset often causes traders to trade against trends and overlords their account which is a sure recipe for disaster. Low Start Up Capital Most  currency traders  start out looking for a way to get out of deb...

It's time for gold and bitcoin

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By Parke Shall Seeking alpha The time for gold and Bitcoin is right now, despite both of these "safe haven" assets already moving to recent highs over the last couple of weeks. We believe both assets will continue to move higher and that this is the time to have exposure to both of them. The market experienced more jitters this week, just days after  we wrote an article  suggesting that it could be on a hairpin trigger to the downside. Volatility continued this week, first on a rumor that Gary Cohn was resigning. Even though this rumor was proven to be false, according to official statements released by the White House, the market was unable to bid back all of the ground it had lost when the rumor first hit. This inability to take back the ground it had lost after the rumor was proven to be false shows us that the market may have a little more of a bias to the downside at this point. Also,  on Friday , it was announced that Steve Bannon had either resigned fro...

Using options for long term investing

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By Tom Gentile Over the last several months, I’ve shown you several different options strategies that you can use to make serious money in the markets – simple call and put buys, bullish and bearish “Loophole Trades,” Straddles, and more. But the constant in each of the strategies is that they have all been relatively short-term trade set ups designed to work within 20-30 days, with options that expire in about 45 days. The mindset has been get in, get out and turn your profits pretty quickly – typically, the more efficiently you can use your capital, the better. But I recognize that a lot of you come from a longer-term, buy-and-hold background. And I understand that this shorter-term, options-based way of generating income can be a bit much to take in as quickly as one would like. So today, I’m going to show you a long-term options strategy you can use to boost your portfolio… LEAPS is an acronym for Long-term Equity AnticiPation Securities (the P is often capitalized whe...

Buy This Retailer Trading Below Book Value

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By Christopher Speetzen   Seeking alpha Summary Hibbett Sports trades at a steep discount to book value. It operates in a difficult sporting goods market. Can it survive the Amazon economy? Hibbett Sports, Inc. (NASDAQ: HIBB ) is a small-cap sporting goods retailer operating retail stores in small- to mid-sized markets mainly in the Southeast, Southwest, Mid-Atlantic and the Midwest. Like practically all brick-and-mortar retailers over the last year, its stock has been pummeled, dropping from around $40 a year ago to ~$10 after earnings were reported Friday, August 18 th . The main question to ask is whether this drop is valid or not and whether the stock presents an opportunity at the present price. Its second-quarter results were pretty dismal: Loss of $0.15 per share. Comparable store sales decreased 11.7%. Net sales for the 13-week period ended July 29, 2017, decreased 9.2% to $188.0 million compared with $206.9 million for the 13-week period ended July 30, ...