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Trading Ideas

Technical Trading Strategies: 5 Beginner Steps for Success

Technical trading strategies rely on many important factors, such as a trader’s ability to analyze security movements and recognize charting patterns. For those who are new to it, technical trading can seem overwhelming—Fibonacci ratios and harmonic patterns, reversal patterns and options spreads. There’s a lot to take in. To help take it all in and get familiar with technical trading, it’s smart to develop a system.
Below, we’ll go through a simple five-step framework that will help many traders come to grips with their own technical trading strategies. It’s broad enough to account for different trading styles and approaches. Yet, …read more […]

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Trading Ideas

The Key Takeaway from The Mastercard Crypto Announcement

Mastercard and crypto. Those are two words that don’t go together particularly well. But the great Mastercard crypto venture appears to be coming. And the very architecture most cryptos are built on could wind up being a hinderance.
In a widespread press release, the multinational financial services company teased that it would be bringing crypto onto its network. The announcement had crypto bagholders salivating. After all, this could be a major step in transitioning cryptocurrency into an actual currency – and not just an investment.

To be fair, crypto as a form of payment isn’t unheard of. The oldest – and most …read more […]