Legend has it that when asked to name the greatest invention in human history, Albert Einstein replied ‘Compounding interest’. Whether Einstein actually said this or not, we would certainly not be one to disagree! In simple terms, the compounding part comes from the interest you earn on the interest you’ve already earnt. As … Continue reading What 2% a month can earn you
Updated November 2020 All financial markets create trends and identifiable patterns. At first glance, harmonic configurations may seem puzzling, even mysterious. Harmonic patterns, however, are established through clear price structure and Fibonacci measurements. The concept of harmonics, according to research, were first introduced by H.M. Gartley in his book Profits in the Stock Market, originally … Continue reading Harmonic Patterns: What is an AB=CD Formation?
Updated August 2020 Did you know you don’t have to be right each time you interact with the market? You don’t even need to be correct 50% of the time to succeed. Once a trading system is mastered, one with an edge, trading should be no more than a repetitive chore – almost boring. Because … Continue reading Trading Expectancy – Thinking in Probabilities
If you’re in this business for a dose of excitement, we can say with a high probability that you will eventually lose your entire account! For traders just beginning their journey, they may find the above statement a little off-putting, or even confusing. Is trading not supposed to be one the most exciting activities in … Continue reading Why Trading Should Be Boring
Updated October 2020 Despite their popularity, CFDs, or contracts for difference, are relatively new products – their invention is widely credited to Brian Keelan and Jon Wood in the 1990s, of UBS Warburg[1]. CFD trading offers cost-effective access to global markets, all from one platform. CFDs are over-the-counter (OTC) leveraged products, derivatives that are designed … Continue reading Contracts for Difference: CFD Trading Explained
