52. Fundamental Analysis and The US Economy
Produced By:
InformedTrades on 30 Jan 2008
Category: Credit & Debt
Description: http://www.informedtrades.com/
A (more...) lesson on the basics of fundamental analysis, the top down and bottom up, and the US Economy for traders of the stock, futures, and forex markets.
there are two ways that traders analyze the markets which are known as technical analysis and fundamental analysis. As I also mentioned in that lesson while most people who buy and sell over the short term focus on technical analysis and most people who buy and sell over the long term focus on fundamental analysis, in my opinion both technical traders, fundamental traders, and investors can all benefit from at least having an understanding of both types of analysis even if they prefer one or the other as their primary tool they use to make their trading decisions.
While technical analysis focuses solely on the analysis of historical price action, fundamental analysis focuses on everything else including things such as the overall state of the economy, interest rates, production, earnings, and management. When analyzing a stock, currency or commodity using fundamental analysis there are two basic approaches one can use which are known as bottom up analysis and top down analysis. Bottom up analysis very simply means looking at the details such, as earnings if we are talking about a stock, first and then working one's way up to the larger picture by looking at things such as the industry of the company who's stock you are trading and then finally the overall economic picture. Top down analysis on the other hand means looking at the big picture things such as the economy first and then working one's way down to the details such as earnings if we are talking about a stock.
While there is some debate about which method is best my personal preference is for Top Down analysis and since by starting this way we can start with the things that apply to all markets and not just the stock market this is how we will start.
The first thing that it is important to understand from a fundamental standpoint is what the economic situation is as it affects the financial instrument you are trading. As I am based in the US and the US is the World's largest economy this is what I am going to talk about, however most of the things I discuss here apply in a broad sense to any economy. When we begin to discuss the foreign exchange market in later lessons we will go into specific details of the other major and emerging market economies from around the world.
According to Investopedia.com the definition of an Economy is 'the large set of inter-related economic production and consumption activities which aid in determining how scarce resources are allocated. The economy encompasses everything relating to the production and consumption of goods and services in an area'
People often refer to the US Economy as a capitalist or free market economy. A capitalist or free market economy in its most basic sense is one in which the production and distribution of goods and services is done primarily by private (non government) companies and the price for those goods is set by the free market. This is in contrast to a socialist or planned economy where production and distribution of goods and services as well as the pricing of those goods and services is handled by the government. (less)
Views: 21
Comments: 0
Duration: 07:41
47. Why Position Sizing is So Important in Trading
Produced By:
InformedTrades on 22 Jan 2008
Category: Creating Wealth
Description: http://www.informedtrades.com/
A (more...) lesson on why position sizing is one of the most important aspects to consider when trading the stock, futures and forex markets.
So far in the lessons leading up to this one we have covered some of the different methods traders use to pick their entry points, as well as some of the different methods which traders use to set their exit points. In this lesson we are going to look at the factor which ties all of the above together and allows a trader the greatest control over their returns: Position Sizing.
While position sizing is one of the Key components of successful trading, like many of the other things we have covered, it is often overlooked as an unimportant aspect of trading. What successful traders know however is that once the psychology of trading is mastered and a trader has developed a sound strategy for picking their entry and exit points, it is the method they use to determine the size of the positions they trade that is the final factor which will lead to their success or failure.
To help illustrate this lets say that three traders are each given $10,000 and the same EUR/USD Mini Forex strategy to trade which has a win rate of 60% (makes a profit on 6 out of 10 trades) and makes an average profit on winning trades over the long term of 100 Points. On the losing side, this same system has a lose rate of 40% (takes a loss on 4 out of 10 trades) and takes an average loss on those trades of 90 points.
So here we have a trading strategy that has more winning trades on average than it does losing trades, as well as a strategy that when it does lose it loses less than what it does when it wins. I think most traders including myself would take that system any day of the week.
So we give these traders each this system and tell them to come back to us after 10 trades and show their results. As the system is the same for all traders, when they bring us back the trading results of their systems the entry points and exit points for each trade is going to be the same, leaving them only the position size as the factor that they can tweak.
As they are trading mini EUR/USD forex contracts the value of a 1 point move is $1 per contract traded. With this in mind after 10 trades the system produces the following results: (less)
401K Strategy
Produced By:
moneytalks on 15 Aug 2007
Category: Personal Finance
Description: If you're throwing a few bucks in the (more...) company 401k, that's a great way to save, but we'll tell you how to earn even more for your retirement. (less)
How to Buy a Condo in Toronto for Less
Produced By:
ElliDavisVideos on 22 Apr 2009
Category: Real Estate
Description: With a new condo you will get up to the (more...) minute appliances and maybe higher ceilings. However in new you would have to put in your own wall coverings, window coverings, paint colours, carpeting upgrades, etc.
In general, buying a resale Toronto condos is safer concludes Elli - because you can physically visit the actual property (less)
10 - Virtual Assistants
Produced By:
webographers on 30 Jun 2008
Category: Real Estate
Description: This is sample of the Virtual Assistants (more...) com.ourse, part of the REAL ESTATE WEBOGRAPHER(TM) Certification. To purchase REW, please visit http://www.webographers.com.This modules highlights the benefits behind using a virtual assistant to provide all-around administrative support, transaction coordination, maintenance of an agent's web presence on behalf of top-producers. Candidates learn about the benefits of using independent contractors, such as virtual assistants, along with the assumptions and expectations of their capabilities over long-distance. (less)
Views: 20
Comments: 1
Duration: 07:53
03 - Single-Property Websites
Produced By:
webographers on 22 Jun 2008
Category: Real Estate
Description: This is sample of the Single-property (more...) Websites course, part of the REAL ESTATE WEBOGRAPHER(TM) Certification.This module details single-property web sites (i.e. www.123AnySt.com), a complete web site dedicated to one property. Course-takers are exposed to this latest listing tool, learn the benefits of showcasing extensive efforts on behalf of the sellers, and how the associated URL can be utilized in various listing and advertising mediums. Single-property web sites are demonstrated for both residential and commercial real estate. To purchase REW, please visit http://www.webographers.com. (less)
Credit Counseling or Debt Settlement?
Produced By:
moneytalks on 02 Apr 2008
Category: Credit & Debt
Description: You've seen the ads: credit counseling (more...) companies say they can help by getting your payments and interest rates lowered. Others claim they can get your debts wiped out entirely by settling them for pennies on the dollar. Money reporter Stacy Johnson takes an inside look at these companies. (less)
What Is Otis Collier Up To?
Produced By:
ocollier on 19 Mar 2008
Category: Creating Wealth
Description: http://www.otisteaches.com
Hello (more...) everyone. I have been in the cave working on a project and now I am about to reveal exactly what it is.
As you know, I did a video about how to get free hosting and a free domain name. Then I followed up with how to build your own WordPress blog.
Based on the comments the videos have been a hit and a lot of people have enjoyed them. But I also got a lot of emails asking questions.
I realized that I could have done a better job in explaining the process. So I did just that! I went back and created 12 videos that show step by step exactly how to complete the entire process.
I know, it's a lot of videos, but you will get exactly how to do it step by step.
So, I am going to upload 12 videos back to back. Don't get mad... just be happy that I am willing to share all this information for FREE!
Otis Collier
Personal Success Coach (less)
Views: 20
Comments: 0
Duration: 09:06
Taxes: Changing Mistakes
Produced By:
moneytalks on 15 Mar 2008
Category: Taxes
Description: Taxes can be complicated, which means (more...) it's easy to make mistakes...mistakes that could have gotten you a bigger refund...or could get you in hot water with the IRS. But just because a mistake is made doesn't mean it can't get corrected. Here's money reporter Stacy Johnson with some quick advice on fixing problems now before they become bigger problems later. (less)
Views: 20
Comments: 0
Duration: 01:15
Best Gas Credit Cards
Produced By:
moneytalks on 17 Aug 2007
Category: Credit & Debt
Description: You've tuned up your car, checked your (more...) tire pressure and done everything else you can think of to use less gas. Well, there may be a simple way to shave your bill by an additional 15 - 30 cents on every gallon. (less)
Views: 20
Comments: 0
Duration: 01:45
Mortgage Loan Modification Process
Produced By:
ModifyUrLoan on 01 May 2009
Category: Real Estate
Description: When pursuing a mortgage loan (more...) modification...be persistent and patient with the loan modification application process..you need to pursue the mortgage company and document every point of contact with them including good hardship letters for loan modifications. Keep the documents that you can prove that you have been proactive in trying to work out a solution other than foreclosure. There is help out there and we try to inform homeowners the best options they have. (less)
Views: 19
Comments: 0
Duration: 03:51
Banking and You
Produced By:
Byob on 30 Apr 2009
Category: Personal Finance
Description: Explanation of the advantages of setting (more...) up your own personal banking system. This information is related to the Infinite Banking Concept as developed by Nelson Nash. (less)
Short sale-Can send you to jail in Florida as of Oct
Produced By:
resolutions01 on 21 Sep 2008
Category: Real Estate
Description: Short sale purchases,foreclosure (more...) purchases or any related transactions can bring a minimum $15k fine and jail time without these documents as of October 2008.Visit http://www.SolutionsOnSite.biz for more important information and the solution. (less)
Investigating Tax Pros
Produced By:
moneytalks on 27 Feb 2008
Category: Taxes
Description: If you'll be getting help with your (more...) taxes this year, you probably want to make sure its the best help around. Stacy Johnson has a few tips to make sure your choice for a paid tax professional adds up. (less)