Moving averages (MAs) are very simple, yet extremely useful tools for investors. A moving average is simply the average of a series of numbers over a period of time which is constantly updated by dropping the oldest value and then adding the newest value and recalculating the average. So a 5-day moving average of stock [...]
Posted by 13 June 2004
Trading 101: Recommended Reading – ‘Japanese Candlestick Charting Techniques’
Learning how to use candlestick charts was probably the second most important thing I’ve learned (money management is a clear #1) since I started trading for a living. The funny thing is that when I started trading all of the charts in my trading software were defaulted to displaying candlestick charts. At that time I [...]
Posted by 6 June 2004
Trading 101: Recommended Reading – ‘How to Make Money in Stocks’
Whenever anybody asks me for advice on learning about the stock market I immediately ask if they’ve read How to Make Money in Stocks by William O’Neil. In my opinion, if you read only one book on investing it should be this one. I credit this book with changing my whole approach to investing. Before [...]
Posted by 4 May 2004
Trading 101: Table of Contents
Posted by 4 May 2004
Trading 101: Introduction
I’ve decided to a series of posts covering some basics of trading/investing. For lack of a better name, I’m calling it ‘Trading 101′. Much, if not all of what I write will apply to both trading and investing. In fact, I see no difference between the two, except maybe for time frames. I like to [...]
