The debate on whether free market capitalism is overall good or bad has been raging for ages. Personally, I think that it would be a good thing, as I feel that prices should solely be determined based on supply and demand, but what I will do in this blog post is evaluate the pros and cons of…
Month: February 2015
Why I would sell shares in Apple now
One was in for a treat if they invested in Apple a few months ago. Shares have skyrocketed and if you bought a substanstial amount of them earlier, you could have made enough for a nice holiday soon! But the truth, at least in my opinion, is that the only way is down for shares…
Why the contrarian can be just as wrong as the crowd
Contrarians have a brilliant reputation. Sometimes it seems as if they are the only ones that can make money trading the financial markets. But what people don’t see quite as much is that contrarians can be just as wildly, hilariously wrong as many a normal trader. In fact, I’m here to argue that they can…
FINAL Trading Update: Progress Summary and what I have learnt
I have made, in total, a 50% return on my investment, which I’m really quite proud of! During my journey of 5 days of trading, I have learnt quite a lot of things which could be applied to the next time that I trade, the first being the re-assertion, if you will, of the (sorry…
Trading update
To be honest, I can’t write much here because not much went on. I closed one trade for a small loss, but that’s it, I guess. All I can really say is that the volatility of the financial markets astounds me every time. I have now made around a 40% return on my investment, which…
Today’s trading update :)
My day was uneventful for the most part, but I saw quite a large gain in a matter of about 2 minutes. The trade I was talking about yesterday on EUR/USD closed at about 5pm today at a profit, after which I made several small trades getting me small gains. Until the picture above happened….
Trading update for today
Right now, I’m sitting with quite a large loss to my name on EUR/USD which I have traded on. Why, oh why, did I have to short it. 😦 The most important thing that I learned today was that losses are relative. I found myself feeling happy that my position was in quite a big…
Update on my trading
I wasn’t able to trade much today, as I had to go out with my friends. However, the Forex market treated me well today, and I have now made a 25% return on my investment within 3 hours! Hoping to make more tomorrow.
Is short selling unethical?
Let me start by stating what short selling is. Straight from Investopedia, it is “the sale of a security that is not owned by the seller, or that the seller has borrowed. Short selling is motivated by the belief that a security’s price will decline, enabling it to be bought back at a lower price…
Facebook Page: Shrey’s Finance Blog
Hey guys, I’ve just made a Facebook page for this blog, where you will be instantly updated whenever I post something new! Please like and share the page on your respective Facebooks! I really appreciate the help 🙂 https://www.facebook.com/shreysfinanceblog?fref=ts
My problem with using moving averages
One of the first things that traders learn when they are starting off is the technique of using moving averages. The statistical definition of one is “a succession of averages derived from successive segments (typically of constant size and overlapping) of a series of values.” Now, these are good if the price is remaining at…
Half term today, which means that I get to start trading!
So, for those of you that didn’t know, my parents only let me trade in holidays, one of which now has started! I have so far got an 8% return so far in 3 hours of Friday evening trading! I had almost forgotten how exhilarating trading could be until now. Keep following the page for…
