Are You Making These Trading Mistakes?

Our friend Patrick Stockhausen of Ultimate Trading Mastermind, a leading wealth mind expert and Syndicate Fund Manager, has just spent the last two months interviewing some of the world's leading trading masters, including the author of Market Wizards Jack Schwager and Van Tharp.

In the attached Audio interview clip he asked each of the 12 trading masters the EXACT same question in order to find the common threads across all successful traders.

The question Patrick asked all 12 trading masters is: "What are the 3 biggest mistakes you see traders making and what do they need to do differently?"  Continue reading "Are You Making These Trading Mistakes?"

Put Your Trust in Precious Metals, Not Governments

The Gold Report: You've expressed astonishment at the record highs of world stock exchanges. Given the sluggish world economy, can we expect this trend to end, or have equities become completely disconnected from economic reality?

Leonard Melman: Equities have become somewhat disconnected from economic reality. We've heard comments from the European Central Bank, the U.S. Treasury and the Bank of Japan calling for more inflation because dramatic action is needed to improve the world economy. How does that coincide with the bull markets in equities?

TGR: Is there a connection between these bull markets and quantitative easing (QE)? Continue reading "Put Your Trust in Precious Metals, Not Governments"

The 'Secret' Reason To Sell Your Tesla Shares Now

By: Joseph Hogue of Street Authority

Everybody loves a lottery ticket. People will weekly put down their hard-earned money for a 1-in-175 million chance of being rich.

And that is the kind of fervor that has driven shares of Tesla Motors (Nasdaq: TSLA) up more than 450% over the past year. Sure, the automaker is increasing production and profits are increasing, but there is nothing that can explain the surge in the stock price like good old-fashioned irrational exuberance. Continue reading "The 'Secret' Reason To Sell Your Tesla Shares Now"

Trading Psychology – Do's and Don'ts

Trading Psychology

Investing in the capital markets is a business that requires a strategy and risk management that will consistently generate returns.  To achieve success as an investor, individuals need to develop a trading style that is in line with their personality and level of risk tolerance.  Once an investor designs a style and strategy it is imperative that they endeavor to stick to that style.

Veering off course can be hazardous to the health of any business plan, and can generate a negative spiral that eventually puts the business in a situation where losses can ruin the business.  Developing an investment style requires some analysis of your business personality, along with your risk tolerance.  This process takes time, but can be made easier by using Binary Options as an investment vehicle as it mitigates some of the issues related to generating a successful trading plan. Continue reading "Trading Psychology – Do's and Don'ts"

Indicator Shows Gold Could Finally Be Bottoming

By: Michael J. Carr of Street Authority

Stocks moved up the fourth week in a row and have delivered a large gain in the first 10 months of the year. For now, there is no reason to expect a reversal in the trend.

Stocks Continue Setting New Highs SPDR SP 500 (NYSE: SPY) added another 0.15% last week and is now up 25.55% for the year, including dividends.

To put this performance into perspective, we can review data for the SP 500 index going back to 1928. This year's performance would be the 22nd best year out of 86. After such a strong performance, many investors expect a decline, and the question becomes, "How bad will the decline be?" Continue reading "Indicator Shows Gold Could Finally Be Bottoming"