Trading Psychology

INSIGHTS INTO THE MINDSET OF SUPER TRADERS – Part 11 “The biggest risk in trading is hubris… This is because being wrong is actually an integral part of success. A successful futures trader makes many more losing trades than winning ones. The key is to recognize and concede the mistakes and cut losses. And ride […]

Concha shares (LSE:CHA) have the tendency to continue going north – though in a slow and gradual manner. There is no big momentum in the market but the shares are fairly strong. The ADX period 14 is not above the level 30, confirming the aforementioned low momentum in the market. The ADX DM+ is, however, […]

Have you ever wondered what would happen if China decided to devalue it’s currency? Well, you don’t have to wonder any longer. Today the country’s central bank devalued its Yuan by 1.9% against the U.S. dollar – the most in two decades, and investors around the world headed for their cardiologists. The move “was partly […]

Baxalta shares (NYSE:BXLT) shares have risen by more than 13% to 38.47 today following publication of a hostile takeover bid by Shire PLC (LSE:SHP). U.S.-based Baxalta is a $6 billion global biopharmaceutical leader, developing, manufacturing and commercializing therapies for orphan diseases and underserved conditions in hematology, oncology and immunology. Baxalta’s broad and diverse pipeline...

HellermanTyton’s (LSE:HTY) share price busted out of the doldrums of 52 weeks of trading between 273.00 (14 October 2014) and 375.00 (28 May 2015), opening at 470.00 this morning. The boost came from an announcement that Delphi Automotive PLC (NYSE: DLPH) has agreed to acquire HTY for $1.7 billion (£1.67 billion). The offer was accepted […]

Pinnacle Technology stock (LSE:PINN) is a promising stock that has a very bright future, and this is just the beginning. Everything you want is on the other side of fear, according to James Altucher; and this is a market in which the bulls need to cast away their fears, summon courage and go long. Following […]

“Nobody can predict the future. A Harvard PhD and a high school dropout have equal skills at prophecy.” – James Altucher It’s no longer a secret that Forex market is the biggest and the fastest-growing market in the world. It’s also not a secret that majority of Forex traders end up sustaining negativity, simply because […]

Shares in ARM Holdings (LSE:ARM) slipped by more than 6.6% today to 970.0, despite “a strong quarter” that produced revenues of £229 million  and a net profit of £77.1 million. That is a 22% increase in revenue and a 34% increase in net profit. Even the board’s recommendation to increase its interim dividend by 25% […]

You’ve just got to know that something is terrible wrong when eight top executives quit a company and its share price goes up. That’s exactly what happened at Toshiba (TSE:6502) today. And, yes, there was something terribly wrong – $1.22 billion wrong. While Reuters called it Japan’s “biggest accounting scandal in years,” Fortune magazine called it […]

Halliburton’s share price (NYSE:HAL) is up more than 2.5% today, despite second quarter results that paled by comparison to both the previous quarter and year-on-year. The key factor was that HAL beat analysts’s expectations of 29 cents per share by 51%. Halliburton generated 44 cents. Company Chairman and CEO, Dave Lesar, pointed out that “Our […]