Useful information for novice traders in the US stock market. Reviews, articles and videos about the leading American stock exchanges
NYSE Arca Indices Product Name Symbol Aerospace and Defense BRIDGES DFW Amex Disk Drive Index DDX Amex Airline Index XAL AMEX Airline Total Return Index MLXAL Amex Biotechnology Index BTK Amex China Index CZH Amex Chinese Mps Basket Value Index MBO Amex Composite XAX Amex Computer Hardware Index HWI
Probably, you all heard about, that the bankruptcy procedure of the legendary American company General Motors is now beginning. Fortune magazine has compiled a list of 10 largest bankruptcies in American business history. It seemed to us quite interesting, that's why we present it on the pages of our magazine.
Soros earned $1 billion in 1992, by placing a bet against the pound sterling, forcing the UK government to remove the peg from the basket of European currencies. He was also the largest financial investor, participating in a failed attempt to resist the election for a second presidential term of George W. Bush. George Soros, at that time Gjord Schwartz, was born 12 august 1930 years in the city of Budapest in the family of Tivadar Schwartz and Erzebet Sutz. His father was a lawyer, a writer, founder of a literary magazine, and also held one of the key posts in the Jewish community of Budapest.
There are not many politicians in the world, who also boast the status of a dollar billionaire. Remembering Europe, Silvio Berlusconi immediately comes to mind. But America has its own Berlusconi, whose name is Michael Bloomberg. A real financial Mogul and a very successful mayor, loved by all New Yorkers. The first confirms the fact, that Bloomberg is one of the richest Americans on the Forbes list. And about the success of Bloomberg, how does politics say that, that the New York City Legislative Council allowed him to run for mayor for the third consecutive time.. Working for an "uncle" as a way to earn start-up capital Michael Bloomberg was born 14 February 1942 of the year in Boston. His parents were never very wealthy – his father worked as an accountant., and the mother was a secretary. That's why Michael had to earn money at a gas station., to continue his studies at Johns Hopkins University. IN 1964 The University was completed, and Michael became a bachelor in electrical engineering. That was the beginning.. Two years later, Bloomberg became a graduate of Harvard.. He got an MBA., becoming a Master of Business Administration. Ie. Michael received a brilliant education, combined in itself, as a technical, and the business part.
OVERNIGHT (English. overnight) - transaction “Overnight”, that is, valid from the current trading or banking day to the next, and during the weekends (days off) - from Friday to Monday.
WORK OF THE NYSE SPECIALIST The main functions of the Specialist On the floor of the New York Stock Exchange 1366 specialists. Most of them work for one of 7 dealer companies of NYSE members. Each of them controls the trading process in one, the share allotted to him. Which specialist will be responsible for trading in a particular stock is decided by the NYSE Board of Directors. If a specialist does a good job at his job, it can be enhanced – give a share to a more prestigious company to trade, with a large day trading volume. If the specialist does not cope with his duties, he may be downgraded or even fired. For example, if he violates the trading rules or receives a lot of complaints from clients. Be a specialist, this is quite an expensive pleasure. In order to be eligible to work as a NYSE specialist, you must first pay for “specialist chair“. The price of such a chair reached 4 million dollars.. The main task of the specialist is support “honest and orderly” market trading in your stock. First of all, this means the execution of transactions at the best price that is possible at the moment., поддержка минимального Spread на котировках и предотвращение слишком резких скачков цены акции. Одна из ключевых фигур на бирже – это специалист NYSE, it acts as an important link between the buyer and the seller, and also create a safe and fair environment for all transactions between market participants. …
Old rules…but very good rules.. They, who needs to keep an eye on the stochastic complex all the time, linear weighted moving averages, anti-aliasing methods, Fibonacci numbers, etc., usually notice, that they have so much data in front of their eyes, that they cannot make a rational decision. One technique says – Buy, the other says – Sell. One method recommends closing the trade, while the other calls for adding to the trade. It looks like a stamp, but simple methods work best.. Let's start.. 1. The first and most important rule – in a bull market, everyone, as supposed, is in a long position. This may sound trivial., but how many of us sold after the first rally in a bull market, deciding, that the market has taken off too far and too fast. It was like this before, and I suspect, that this will continue to be the case in the future. In this way, we do not make profit, which should have accumulated, but in fact we are losing money, being in short. You can be in a bull market or in a long position, or outside the game. Remember, lack of position – this is also a position.
When things are going well for you, You feel great. But, when the black streak comes, Your life can turn into a nightmare. You can make money for weeks and lose everything in a few minutes. This situation repeats itself over and over, traders of all generations met with her. Therefore, everyone should be aware of this possibility and be ready to turn the game around.. Rational observation and logical reasoning will allow you to find answers to the necessary questions.. In this article, we intend to consider just one question.: “How a successful trader differs from a loser?”. The following 11 observations help me stay on track. You can group these observations into a table and use it as a measure of a trader's success.. Observation № 1 The largest number of losers are in the intraday or short-term trader group. The reason for this is not even in a tight time frame., and in that, that many of these traders lack good preparation and a thoughtful game plan. This type of trading does not forgive even minute mistakes., manipulations in it are the most risky, while losses, due to lack of knowledge and training, increase many times. Besides, these traders very often do not have sufficient capital. Lucky traders, mostly, trade in medium and long term time ranges.
Since stock trading is an entrepreneurial profession, which requires, so you risk your money, to make money, it is worth adhering to a rational conservative approach in relation to the markets. Following are some tips for traders, who are preparing to plunge into the pool of trade – with our main focus on preserving capital (and reason), and not because, to get rich quicker. 1. Don't rush to trade. Markets will exist tomorrow, next week, next year and next decade. Don't worry about, what, while doing testing and mock trading without real money, you can miss the movement, once in a lifetime. There are always opportunities somewhere – you have nothing to lose, investing your time in education and training. 2. Don't trade for no reason. When you, finally, start trading, don't trade just because, What do you feel, what should do it, or out of boredom, or under the influence of a gust. Risk your money, only when you see the facts, confirming the existence of a favorable trading opportunity, and you have a plan, with which you can take advantage of this opportunity.
Understanding the Truth Trading – game of probabilities. Imagine, that we are flipping a coin. Eagle – i win dollar, tail – dollar you win. It's that simple. Heads and tails will fall half the time, and we both won’t win, neither lose. However, imagine, that secretly from me you slipped a counterfeit coin. For every 100 throwing eagles fall 49 once, and tails – 51. You now have a money printing machine. Baptize him “Reshka Trading System”. Everything, what you need to do – sit and always bet on tails. Finally, You win all my money (and any other, who will sit with you to play). Any real trading system gives you an advantage. Favorable slope. Something, what will happen sooner, than not. No matter, which system you are using, Whether, for example, breakout patterns, trend following, Fibonacci, moving averages, channels, oscillator signals, Bollinger Bands, swing trade, opening gaps… You rely on a positive slope. Essentially, система торговли говорит, “when ‘x’ happens, за ним обычно следует ‘y’”.