Sykes’ Penny Stock Millionaires

5 Things You Need to Keep Track of

5 Things You Need to Keep Track of

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…

Why Journals Aren’t Just for Your Feelings

Why Journals Aren’t Just for Your Feelings

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.

Consider These 3 Risks Before Putting Your Money Here

Consider These 3 Risks Before Putting Your Money Here

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.

ADRs: The Easy Way to Diversify Your Portfolio

ADRs: The Easy Way to Diversify Your Portfolio

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?

How a Sector Can Play in Your Favor

How a Sector Can Play in Your Favor

A sector, in some ways, is just another way of saying “industries.” In the finance industry, however, investment sectors refer to the specific delineations between different types of stocks and securities. Healthcare, energy, pharmaceuticals, and tech are just a few examples of investment sectors.

Broaden Your Trader Dictionary With These Must-Know Terms

Broaden Your Trader Dictionary With These Must-Know Terms

Yesterday we talked about forex trading strategies. I explained technical and fundamental analysis and emphasized how important it is to do your own research, and to look at patterns and charts. Today let’s talk about some of those patterns, charts and some basic terminology that goes along with forex trading.