Form 1099B In 2008, Congress under then President George Bush enacted changes to the Federal requirements for cost basis tax reporting that required stockbrokers to report this information to customers and the IRS. This legislation laid out the timelines for reporting the cost basis for various instruments and securities purchased by investors. When filing your […]
What is a Moving Average?
May 7, 2012 by 3 Comments
Investing Using Moving Averages When investing in financial markets, there are many different indicators and systems that you can use to determine when to enter into a position, and just as importantly, when to exit a position. One of the most popular indicators that investors employ to help make intelligent decisions are moving averages. What […]
Stock Market Fluctuations
May 2, 2012 by Leave a Comment
The Manic-Depressive Stock Market: What to Make of It The psychology of the market may be teetering on the edge The stock market: one week it acts like Dr. Jekyll, the next week it’s Mr. Hyde. That shift can even occur in the course of a single session. These dramatic fluctuations appear to be impulsive; […]
Has Wall Street Ever Warned You in Time?
April 19, 2012 by 1 Comment
Stock Market Turning Points: Divorce yourself from the crowd. Independence is good. In the play “The Secret to Freedom,” Pulitzer prize writer Archibald MacLeish had a character say this: The only thing about a man that is a man is his mind. Everything else you can find in a pig or a horse. MacLeish knew […]
Financial Planning Software
January 30, 2012 by Leave a Comment
Financial Planning Software – Is It Beneficial for the Experienced Investor? Financial planning software is being used by many experienced investors to track their investments and set proper investment targets and accomplish their goals. It can be used to formulate a well-planned budget and carry out a thorough examination of your investment portfolio and get a clear idea […]
Five Fatal Flaws of Trading
January 18, 2012 by Leave a Comment
Close to ninety percent of all traders lose money. The remaining ten percent somehow manage to either break even or even turn a profit — and more importantly, do it consistently. How do they do that? That’s an age-old question. While there is no magic formula, EWI Senior Instructor Jeffrey Kennedy has identified five fundamental […]
Why Choose the Wave Principle?
January 7, 2012 by Leave a Comment
Robert Prechter reveals why he embraced the Wave Principle. Robert Prechter is the widely recognized authority on the Elliott Wave Principle. Read how he learned about the Wave Principle and why he embraced it in the edited excerpt from his book Prechter’s Perspective below (Q&A format): ——————– Question: What was it about Elliott that captured […]
“Market Manipulation” Is Not Why Most Traders Lose
December 21, 2011 by Leave a Comment
How often have you heard analysts refer to a down day on Wall Street as “traders taking profits”? Sounds great, but the sobering fact is that most traders — in futures, commodities, or forex — lose money. Yet some traders do win; some even set records. In 1984, Elliott Wave International’s president Robert Prechter won the U.S. Trading Championship, setting a new all-time profit record of 444.4% in a monitored real-money options account. Here is a link to the free report where he lays out his requirements for successful trading.
How You Can Make Yourself a Better Trader
October 27, 2011 by Leave a Comment
Define Yourself: What Kind of Trader Are You? The idea of being a successful trader is exciting. The reality of becoming one is another thing. You need to understand more than the markets — you need to understand yourself. EWI’s Senior Analyst Jeffrey Kennedy knows what it takes. He has analyzed and traded the markets […]
Forex Trading Course Online
October 14, 2011 by Leave a Comment
by Alex Cadens Taking a Forex trading course online is an essential step in ensuring your trading operation will continue to grow and make you a bit wealthier everyday. As you might already know, forex trading is one of the most profitable investment options available to anyone looking for a decent return. Nowadays there are a […]
