Sorry if the title to this post offends you, but I think it’s funny and drives a VERY important point about what it takes to be successful at trading. Trading is difficult for one reason and one reason ONLY. Because it forces you to make psychologically impossible decisions: Buying when…
Something is not right… Two important pieces of data do NOT believe in the stock market rally. Let me show you what I mean. Here’s a chart of the Stock Markets (S&P 500) – the index of the 500 largest companies in the world: The above chart shows that stocks…
I got a strange call from my friend Bill today. Bill does not trade stocks and never has. So I was a bit surprised when he said to me: “Alessio, the stock market closed above 1400 today. Should I be buying more stocks now?”. I had to explain to Bill…
Created by: www.OnlineGraduatePrograms.com What do YOU think will be the outcome for Facebook? Leave us your comments below.
Get ready as Facebook shareholders are about to experience another round of pain (see video below). Wall Street refuses to press the “Like” Button on Facebook, and probably for good reason. So far Facebook has gone through two important phases: Phase 1 – The Pump and Dump: Wall Street “BS…
Svetoslav Cobachev has written an interesting post on the medium term prospects of the Euro-Pound (EUR/GBP) pair. His angle is mostly on using Elliott Wave Theory. The use of Elliott Waves is a challenging subject which many traders find difficult to grasp. However, Cobachev explains his targets in a logical…
Traders Alessio Rastani and Kevin Burton discuss the outlook on Gold for the coming weeks and months (see above video). One of the topics discussed was that Gold is looking very choppy at the moment and not attractive environment for traders. Gold has also tested a critical support level around…
Alessio Rastani talks to Spanish Talk Radio and gives his frank views on the Spanish Bailout and the European Crisis. He also expresses a controversial view on the outcome of the financial markets in the weeks ahead. During the interview, the interviewer Steve Gilmour, asks Alessio why he said that…
BBC financial expert Alessio Rastani, the trader who according to one Telegraph article was misquoted as saying “I’m an attention seeker, not a trader” appeared on Swiss Financial Television recently to give his forecast for the major currency markets. This is what the Telegraph had to say about Alessio Rastani…
Facebook (FB) stock is down nearly 33% since the day of its launch on May 18th. On that day I wrote an article in Index Trader Magazine about the curse of web IPOs. But I don’t think there was any need for my warning. The extreme excitement and hype surrounding…