Wall Street Daily

Wall Street Daily Archive: October 2019

Hold and Hope, More Like, Hold and Lose

I hear stories all the time of people who were ruined because they bought a penny stock and made the fatal mistake of believing in the company, and when it inevitably crashes they were left with nothing. I’m going to share a personal story with you about it, and how you can avoid it.

Answers from a Wise Man

People ask me the same questions all the time. If I had a dollar for every time someone asked me a question I’ve answered a thousand times in writing, I could stop trading. But I want to make sure you have the answers, because this is important. So here we go!

How You Can Trade On the Go

Sometimes I don’t feel like lugging around a laptop, and that’s why I think mobile trading is awesome. Here, I’ll dig into the benefits of mobile trading and how to choose the best app to suit your trading preferences and lifestyle.

7 Steps to Greatness

Now that you have the first steps under your belt, here are a few more advanced steps that you’ll need before you begin on Monday.

Riding the Stock Market Roller Coaster

Markets are always going up and down. If the stock market trends up over time, it’s called a bull market. If it trends down, it’s called a bear market. But for a day trader, you need to understand market fluctuation at a much deeper level.

When is Bigger Actually Better?

Penny stock trading isn’t for everyone. If you are the sort of person who wants to trade stocks with lower volatility, and slowly grow your wealth over time, then you should look into this type of stock.

In the Stock Market, Size Matters

I focus on trading low-priced stocks because of their high volatility. But I realize that style of trading isn’t for everyone. Many traders prefer to take longer positions with more stable large-cap stocks, especially if you don’t want to trade for a living.

7 Tools to Boost Your Stock Analysis to the Next Level

Fundamental analysis is one of the core tools that every trader should utilize before they buy any stock. But if you aren’t confident you know how to do fundamental analysis it puts you at a serious disadvantage. I’ll go over some basics of fundamental analysis and how to use this crucial tool.

My Key Tips for THIS Type of Trader

My Essential Tips for THIS Type of Trader

Yesterday I covered with you the first four of my five moves for succeeding with part time trading. But I didn’t give you the final one… We’ll cover the fifth one today. And then I’m going to go over with you some key tips before you get started.

How Much Initial Capital Do You Really Need?

How Much Money Do You Really Need

Some people make an initial investment in the six figures, while others start with several hundred. What I want to share with you today are the considerations you need to take into account before you make that initial investment.

Get Your Value Here

Finding undervalued penny stocks isn’t easy. If it were, they wouldn’t be undervalued. Fortunately, there are a few things you can do to set yourself up for success if you plan on incorporating value trading into your current trading plan.

How To Trade like Warren Buffet

Value investing is an art. Finding undervalued penny stocks is even more difficult. But that’s why you have an expert, me, helping you along the way. Today were going to pull some lessons from the ultimate value trader, Warren Buffet.

The Golden Ratio of Stock Trading

I get questions all the time from people who want to know how to use many different technical indicators. Personally, I stick to simple indicators that are very predictable. But that doesn’t mean that there isn’t value is complex technical indicators. So today, I’ll tell you all about how to use the Golden Ratio in your trading.

Oil Painting, Stock Trading, and This Tool

Personally, I’m not one to use “advanced” technical indicators in my trading. It’s simply not my style. That said, you should still know about a wide variety of trading strategies and understand those techniques, as I do, so that if you find a particular strategy you like, you’re able to add it to your trading toolbox.

Professor Sykes is Here, and Class is in Session

The resources available to new traders didn’t exist when I started trading, so I pretty much had to teach myself to trade. Because of that, I learned a lot of things the hard way. I came up with my own rules for trading that I stuck by and turned me into the millionaire I am today. Along with the rules I follow when placing trades, I also have lists of things to avoid when trading. Yesterday, we covered 3 items on my list of things to avoid, today, we will go over the other 7. Let’s jump back in today with number four on my list…