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Thanks to much of your feedback over the past couple of years, combined with a very inspiring and motivating member of my community, I tried trading options! I am not new to options trading or a beginner, I’ve done it before; however, it sure has been a while and as you’ll see, I was a bit rusty with some of the logistics. If you are a day trader with a smaller account, options trading can be a very viable and logical way to grow your account. As is the case with anything in the markets, you need to show it respect and understand truly how it works at risk of getting absolutely punched in the face. This is without doubt the facts when it comes to understanding option trading and how to make money. Thanks to the power of technical analysis and using charts, the core dynamics of day trading options is the same. You still need to be able to answer the foundational question of: “what direction do I believe the price will move?”. That’s where technical trading comes into play and why I was able to hop back into options trading so quickly. Let’s see how it went!
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It Appears There Is More to the Gold Rally Than the US Debt Ceiling Crisis
The aversion of a US default failed to prick the gold price’s bubble. Despite a deal being made to raise the US debt ceiling, gold rallied to a fresh all time high this morning (3/08/2011) of over $1670. It appears that the gold rally is founded on more than just the debt ceiling issue.Is Gold Sitting On The Shelf Laughing At Us?
Every man and his dog knows how good gold has been over the last 24 months. But is gold that has been bought up, just sitting on the shelf laughing at us. This is an interesting concept.Tips for Silver Coin Investments
This article talks about tips of investing in silver. It also introduces ideas to invest in silver as a business.The Best Option to Invest in the Times of Inflation
Investment in silver is one of the best options especially in the time of economic havoc. As a result of rising inflation, the prices of all commodities have touched a great height in order to cover the costs of the government debt. In such inflated economy, investing in a commodity like silver is a very valuable step.What Was The Gold Standard?
The gold standard was a way fixing the price of the domestic currency against a particular amount of gold. So, when a country adopted this standard, all the money, including bank deposits and paper notes, could be converted to gold at a fixed price.
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