I’m sure by now you know about Bernie Madoff and how he scammed people out of billions of dollars with his slimy Ponzi schemes. At first glance you may think how could people fall for these tricks, but then you realize some of the bright and big names he managed to swindle. If if can happen to them, then why not you?
Fibonacci analysis is a simple study that allows traders to forecast levels of support and resistance and project price targets.
There are some basic technical analysis ideas every trader should know that can help them easily predict the direction of the markets or certain equities.
Many traders often fall in love with a particular stock. Call it their bread and butter or just some company they really know, but their love for this stock can sometimes lead to bad decisions. A break-up can be a hard task to accomplish.
Sometimes the best way to determine which way a stock will go is by analyzing what the complete opposite stock is doing. For example, UltraShort – QID measures inverse daily returns of the Nasdaq-100. So if the UltraShort is looking to head upwards, then that can mean bad news for the Nasdaq-100.