Daily Trader Talk Newsletter
Most traders have never heard of a Fibonacci sequence. And that's ok because the concept isn't discussed much among everyday traders. But a Fibonacci retracement is an important tool to gain insight into market direction. In this video, Josh explains what a Fibonacci retracement is and how it can be utilized to help traders find possible retracements. Be sure to watch now! | |
Here's what that means for Tesla and the future of automated cars The latest jobs report gave investors a much-needed boost Sales of power and natural gas padded the pockets of Goldman investors | |
"I believe in analysis and not forecasting." Nicolas Darvas Without analysis, trading would pretty much resemble gambling. You can make a sound trading decision only if you've previously analyzed the market. Forecasting the market is a totally different beast. A lot of money has been lost listening to so-called experts that predict market movement weeks and months in advance. In reality, we can't really know where the market will go until it starts to move. Keep yourself informed, and don't worry about what the talking heads are forecasting. They're paid to sell hype. Keep your head down and stick with the data. Align it with your trading strategy, and get ready to make money! | |
Hypothetical or Simulated Results Our educational products rely upon hypothetical or simulated performance results. These results have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. | |
"I believe in analysis and not forecasting." - Nicolas Darvas Without analysis, trading would pretty much resemble gambling. You can make a sound trading decision only if you've previously analyzed the market. Forecasting the market is a totally different beast. A lot of money has been lost listening to so-called experts that predict market movement weeks and months in advance. In reality, we can't really know where the market will go until it starts to move. Keep yourself informed, and don't worry about what the talking heads are forecasting. They're paid to sell hype. Keep your head down and stick with the data. Align it with your trading strategy, and get ready to make money!
Keep Trading, | |
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