Aug
14

Protected: Stock Graduate Call 8-14-14: Patience

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Aug
14

Stock Graduate Call Notes 8-14-14: Patience

A common trait that many good traders have is patience. Achieving patience is easier said than done. Some people are naturally patient and some really have to work at it. There are some definitions of patience that particularly apply to trading. One such definition is “an ability to suppress restlessness when confronted with delay.” Many traders express restlessness when their trades are not making money immediately after entering a trade. Or even worse, would be their trades start losing money immediately after entering a trade. Part of the problem is […]

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Aug
12

Protected: Forex Graduate Call 8-12-14: US Dollar

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Aug
12

Forex Graduate Call Notes 8-12-14: US Dollar Index

When looking at the major currency pairs, the US Dollar (USD) is one part of each of the major pairs. When looking at any pair where the US Dollar is the base, we can see the dollar strengthening versus the quote currency as prices rise. If the price drops, the dollar is weakening versus the quote currency. When the dollar is the quote currency, the opposite is true; meaning a drop in prices would indicate the dollar strengthening. It is easy to compare the dollar with any one currency. But […]

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