Learning to identify this chart pattern, and what it will mean for the future of any given stock will allow you to capitalize on the same information that even the big boys on Wall Street use.
Even if you aren’t considering being a shareholder yourself, you need to understand how they impact the world of investing. So today I’ll wrap it up by going into the types of shareholders out there.
There are two basic ways to make money as a shareholder. One involves a long-term approach and the other can involve both long- and short-term strategies. Can you make money? Absolutely. I’m living proof. But you need a strategy.
The important thing to know is that, once you buy a share of stock, it’s yours until you decide to sell it. This also means that you own part of the company.
I know we’ve been talking a bit about trading journals and how they are an essential tool to fine-tuning your strategy and learning about yourself as a trader. I’ve got five more things that you need to be paying attention to when you start recording…
Okay, so you get the point that a trading journal can be effective. But how can you boost your potential for optimal success with it? Let’s go over some key tips today.
A trading journal can help you improve your setups exponentially by using your own experiences as data to analyze and help foster improvement and refinement in your trading. Intrigued? Here, you’ll learn all about how to create and maintain an effective trading journal.
If you’re interested in adding a global dimension to your portfolio but don’t know where to begin, ADRs may be worth considering. ADRs offer the opportunity to invest overseas with minimal confusion and hassle, and can help you benefit from the financial success of other regions of the world.
Why do ADRs matter? Let’s look at it from the point of view of the company, and that of the investor.
ADR stands for American Depositary Receipt (sometimes also spelled depository). An ADR is a security that allows foreign companies to trade on the US financial exchanges. If you’re not buying shares of a foreign stock directly, how do ADRs work?