Hetty Green in 1907. As a young woman her father bought her a wardrobe full of the finest dresses in order to attract a wealthy suitor. But she sold the clothes and invested the proceeds in government bonds. Hetty Green was the first woman to invest on Wall Street. She was also the pioneer…Continue reading How to invest like … Hetty Green, the world’s richest woman
43 Million Real Trades Reveal the Tactic of Profitable Forex Traders
Traders that follow one simple rule are 3.118 times more likely to be profitable 12 months later than those that don’t. FXCM published a study based on 43 million real trades that were placed on its servers over a one year period (it’s a big broker!). When traders followed one simple rule, 50% of them…Continue reading 43 Million Real Trades Reveal the Tactic of Profitable Forex Traders
This Simple Trading System Makes 170% A Year
Download the rules to a trading system that makes 170% a year in stocks. Regular readers of this blog will be aware that I like to create trading systems using Amibroker; a program which allows you to test various investment strategies on historical stock data. In my opinion, trading systems are extremely valuable because they…Continue reading This Simple Trading System Makes 170% A Year
How-To: Forex Trading Examples
Forex trading examples To better understand the process of trading forex, view our CFD examples below, which take you through both buying and selling scenarios. CFD trading example 1: buying EUR/GBP EUR/GBP is trading at 0.84950 / 0.84960. You decide to buy €50,000 because you think the price of EUR/GBP will go…Continue reading How-To: Forex Trading Examples
Forex: Looking At 33% – 60% Win Ratios
As traders we tend to see articles and posts about win ratios for trading. Win ratios are like the holy grail to new and intermediate level traders. When we talk about a win ratio as in the number of wins in relation to the number of losses expressed as a percentage, we usually want…Continue reading Forex: Looking At 33% – 60% Win Ratios