One of the widest-used quotes in the world of money is one that has been attributed Albert Einstein: “Compounding interest is the most powerful force in the universe.”
View detail |
So you want to become a stock market millionaire? It’s much easier than you think. Let me rephrase that – it takes a lot less work to become a stock market millionaire than you think. You just have to be smart and patient with your investing strategy. You can’t be jumping in and out of the market, chasing returns. You have to be cool, calm and collected as they say. Outlined below are the steps to follow in order to become a stock market millionaire.
As a trader we often hear the term engulfing candle, or outside trading day very often, but how can that help make us money? Well first, we must understand that an outside day or an engulfing candle is simply a reversal bar on the chart. For example, if price reverses the prior day's candle in the opposite direction than we have an engulfing candle, or what we older traders would refer to as an outside day on the chart. Now it is important to understand that all engulfing candle formations are not created equal. While these chart patterns are extremely important, you will need to look at other factors on a stock chart to know if it is a really meaningful and powerful reversal pattern at hand.
We all want to invest in the best way possible but how can we go about this? One sensible approach is to let the internet be your friend and help you out.
With all of the information and advice currently available online it can be hard to know where to start with something like this. To help you out here are some of the best ways in which you can use the internet to invest more wisely.
Gold has been experiencing something of a crash. Since the latter part of 2012, the precious metal has been sinking. For some investors, this is a sign it’s time to get out of precious metals and move on to something else. But for others it means something completely different.
My TradeMonster review shows that they are a great brokerage to consider if you're an active trader. Read how TradeMonster could meet your investing needs.
So many people are intimidated by investing because they feel like they don’t know enough to be effective. Chris Camillo, the author of Laughing at Wall Street, believes that every day, people can invest in what they know and make potentially huge profits.
If you've been watching the news, you've probably heard all about the growing popularity of digital currency. Before jumping in, beware of these factors!