Do you know how to read Point and figure charts? Point and figure trading in many ways is similar to the support and resistance breakout trading on bar or candlestick charts. The main difference is the look and functionality of the price charts themselves!

Bar charts and candlestick charts show the high low open and close price for a given period. Point and figure charts represent price in a radically different manner from the more familiar bar and candlestick charts. Many forex charting platforms provide the option of point and figure charts.

Point and figure charts do not show any timeframe. This may confuse you in the beginning. Point and figure charts are a pure price action play because these charts generally exclude all other elements like time, volume and open/close other than price. Point and figure trading is based exclusively on price action.

Point and figure charts represent clear evidence of such …

Nobody has ever said that investing in the stock market is a sure thing, but there are some things that you can do that will better ensure your success. One of those things is to make sure that you have a diversified portafolio that will spread out your money and protect you. A lot of beginner investors fail to do this and as one company goes, so goes their entire portfolio.

Diversification in the stock market is like a life insurance policy. You can never be totally sure what one sector is going to do, but having your money spread out over various sectors allows you to get gains in one area when another one might be going backwards. Not every risky investment that you make is going to pay off and a diversified portfolio will help to offset those losses when they happen.

In order to be …

by Sam Smith

During this turbulent economic time where stock market indexes are plummeting and rising almost every day due to the crisis calls for a special investment plan so that risk is minimized. There is a need for the clever planning of investment and saving strategies so that they reflect the changing nature of the playing field.

With the stock markets being fluctuating the way they are these days many investors are not clear on what is the best approach to investing. The two basic approaches are the conservative and the aggressive strategies and while both can be fruitful the question is which one will produce the best results in market conditions like these.

The ones who utilize aggressive strategies in stock marketing investing are known as day traders. These investors buy and sell many times a day and take on relatively larger risks than regular buy and …

September 15th, 2008, a day that will live in infamy. Famous words, much the same, made in 1941 by our President Franklin D. Roosevelt. As the one year anniversary of the Lehman Brothers collapse approaches, I find myself looking at the economic picture and wondering if we really dodged a bullet or if we traded in our single shot rifle pointed at our head for an semi automatic? Did we really just blow up the asteroid, on a crash collision with Earth, or just shatter it into a million more deadly pieces? Our government, Treasury and Federal Reserve all claim we have averted disaster, apparently the recession is over. I would be thrilled to believe this, I truly would, but let us look at the facts.

As I look over my notes and calculations I find some interesting issues and facts popping up. For instance, would it surprise any of you …

While some people today seem to be going into debt because of the strain of the economy, there are those people out there looking for good investments – maybe you are one of them. When you have money to spare, putting it in a savings account does not necessarily make sense; yet, the investment alternatives out there today seem to be risky. Because of this, many people are hesitant about where they want to invest their money – and, for good reason. However, there are solid, sound, and relatively risk free investments that are still available to people today looking to invest money.

One of the most important things to understand when it comes to investing is that there is a difference between a good investment and a risk free investment, because while not all good investments are risk free. Sometimes when you invest in something with risk, there is the …

by Tabitha Reaves

This is the worst recession for over 60 years and as we have all had to cut corners, tighten our belts and look for ways to save cash, many people have been taking a good, hard look at where they can make extra money. Many of us have old jewelry which is simply wasting away in a drawer or a box somewhere – it is unlikely to be ever used again and it is in every sense of the word, dead weight.

Selling gold and especially old jewelry has become a boom industry in the US and around the world.

Why?

The answer is simple – in times of recession, investors look to buy gold because it is considered a stable, secure investment – gold is what backs the currency reserves of the US dollar and currencies all around the world. When economic times get rough, gold is where …

by Alex Miller

I don’t know about you, but whenever I’m ready to do something I don’t have much patience if I have to wait around to get started doing it. This was especially true whenever I first started trading on the Forex market and I can tell you how anxious I was during those first few days. If you find yourself in the same situation, there is no doubt that you want to get started quickly as well.

One of the most important things for you to do whenever you’re first starting out is to take in a little bit of information and to get comfortable with the general process. Trying to get used to the more complex parts of the Forex market before you understand the basics is going to be counterproductive or perhaps even worse. Although we cannot tell you everything that is necessary for you to …

by Joe James

There are many retirement saving options out there for people looking to invest in their future. The two most important ones are the 401k and the IRA. There are many different types of each of these options. Both options have different rules too. However, if you use these two options together, you will be able to save a lot of money for your retirement.

A 401k is an option that is set up by your employer. They give you a select number of stocks and mutual funds to invest in and you can set the ratio you want to invest in. This is an optional plan. The money is taken out before taxes meaning your contribution is not taxed. However, when you retire, the money you take out is taxed so if you are in a higher income bracket than when the money went in you …

by Greg Deffson

Stock markets are the most risky way to make money. However, that said they are easily most easily available methods to make money and they provide gains which are far in excess of any other money making methods.

There are a couple of methods by which you can invest in shares. Opening an account with a share broker is the first method and the second method is to invest in mutual funds of a reputed company. These mutual fund companies hire managers to invest the money by judicially picking up stocks in a lot of companies and then they monitor these stocks on a daily basis and exit these companies at any sign of trouble.

Long term investing is generally more risk free than the short term investing. Short term investing requires more effort as well as more monitoring.

Initially you can avoid volatile stocks and that …

by Sara Ferguson

As a general rule, online investors who use discount brokerages arent seeking the advice of a traditional broker theyve known for the last ten years. Most online investors want brokerages that are stable, provide excellent customer service, and offer different types of choices. The following list shows some of the criteria that investors use to judge discount online brokerages:

1. Ease of use: All online investors want their Web-based brokerages to be easy to use. Web sites need to be uncluttered and free of slow-to-download graphics and useless tools.

2. Prompt customer service: When online investors telephone customer service, being on hold for several minutes is unacceptable. Online investors with large portfolios want more sophisticated financial services and advice. Many are willing to meet with financial advisors for that human touch.

3. Reliable responsiveness: System-wide brokerage crashes arent acceptable. Quick and accurate trade executions are important …