‘Tightness’ fears send sugar price to 29-year high
Sugar futures rise 3% on a strong day for soft commodities, after a much-anticipated sell-off fails to materialise – yet
View full post on Commodities Stories
Dussehra Celebrated To Mark Victory Of Good Over Evil
New Delhi, India (AHN) – Hindus in India, Bangladesh and Nepal are celebrating Dussehra, a festival that celebrates the victory of good over evil. Usually celebrated in September or October, Dussehra is observed on the tenth day of the waxing moon during the Hindu month of Ashvin.
Dussehra marks the victory of the diety Lord Ram over the demon Ravan, often called Dashanan because of his 10 heads. Ram killed Ravan in the world’s biggest battle to punish the demon for kidnapping his beautiful wife Sita and taking her to Lanka to make her his wife. Ram and his brother Lakshman crossed the sea with devotee Hanuman and a huge army of monkeys to rescue Sita.
Dussehra also marks the end of hot summers and the beginning of cold weather as well as infections, especially in North India. Hence effigies made of phosphorus-based firecrackers are burnt to purify the environment. Temples also perform rituals to keep the household environment clean and healthy and with the aim to eliminate bad emotions such as lust, anger, delusion, greed, pride, jealousy, will, ego, desire and selfishness, all of which are represented by Ravan’s 10 heads. Hindus also burn effigies of Ravan’s brother Kumbhakarn and son Meghanaad on Dussehra evening. This day is also called Vijaydashmi – the victory on the 10th day.
People also worship Shakti, the “God of Power,” during the festival period with the hope of gaining physical, mental and spiritual powers.
During these celebrations, Hindus observe a fast to honor the mother Goddess and pray to her to start the new harvest season by reactivating the fertility of the soil. Hindus believe in rejuvenating soil by invoking cosmic forces. They make huge clay statues of the Goddess Durga, honor her with turmeric and other worship items and submerge her into the river on the tenth day with the hope that this will help the water yield better crops.
View full post on All Stories
Stewart Wins Pepsi Max 400, Chase Bid Not Up In Smoke Just Yet
Fontana, CA, United States (AHN) – When Tony Stewart gambled and ran out of gas one lap from the finish in the first race of The Chase, many left the two-time NASCAR Sprint Cup champion for dead.
On Sunday at Auto Club Speedway, Stewart, nicknamed “Smoke,’ proved he is alive and well when he won the Pepsi Max 400, while continuing to gain ground on the Chase leaders.
“Awesome day, obviously,” said Stewart. “I’ll be honest, when I woke up this morning I thought if we had a top 10 day that was going to be good, and if we ran in the top 5 today that was going to be an outstanding day.”
While Clint Bowyer, who won at New Hampshire, finished nearly a half-second behind, four-time defending champion Jimmie Johnson ran third and extended his points lead to 36 over second-place Denny Hamlin.
With his first Fontana win, Stewart closed to within 107 points of Johnson. Kasey Kahne ran fourth and Ryan Newman, Stewart’s teammate, gave Stewart Haas Racing a pair of top-five finishers.
“There in a position where they’ve got nothing to lose. It’s all or nothing for them. I told you all two weeks ago in Dover that Tony (Stewart) could catch fire at any time,” said Hamlin. “It’s not surprising for me. That’s a great race team and Tony (Stewart), obviously knows how to step up when it’s game time.”
While it was banner day for SHR, it was a day of misery for Roush Fenway Racing as all four of its drivers struggled. Chaser Matt Kenseth finished 30th, David Ragan ran 32nd, Chaser Carl Edwards ran 34th and Greg Biffle, coming off a win last week at Kansas, finished 41st with an expired engine.
“The engine just let go at the end of the backstretch. I let up on the throttle going in the corner and it
broke. It probably broke a rod,” said Biffle. “That’s typically what happens at the end of the backstretch when you lift on the throttle like that. It looked like maybe it windowed the block and the oil pan, so probably something in the lower unit.”
Mark Martin ran sixth and was followed by Chasers Kevin Harvick, Hamlin, Jeff Gordon and non-Chaser David Reutimann to round out the top-10.
The Busch Brothers, both in the Chase, struggled as well with Kurt Busch running 21st and kid brother Kyle coming in 35th.
“That shows just how fast things can change out there. We definitely did not need those late cautions,” said Kurt Busch. “With 20 to go, it looked like we were going to come out of here with a solid top-10 finish, but it was not to be. We fought the car being too loose or too tight most of the day.”
Chaser Jeff Burton finished 23rd.
View full post on All Stories
Day Trading Ideas – 10 Points For The Day Trader
Are you searching for guidance on how to profit from day trading? If so, “10 suggestions for the day trader” is specifically what this will give you; 10 tips to support you get began. They are:
1.Recognize the notion – There is no way on earth that any individual will come to be a successful day trader with no really realizing the concept. That indicates, if you want to make a sensible quantity trading, you’ll have to educate your self. Now, what much better way to do that than to examine very acclaimed publications by major authors in the area? 1 of this kind of is by Larry Williams titled “Day Trade Futures Online”. An even much better way to read totally free on the internet content this sort of as this.
2.Established oneself a goal – Educating oneself alone won’t make you a prosperous day trader. You have to have to know your targets – i.e. what you want to attain as a day trader – is if fiscal balance, or just adequate to see obtain your dreams? This will set you on course for accomplishment.
3.Open up Accounts – With day trading, specifically on the internet, you will need an account to make your existence simpler as you can do it from the ease and comfort of your house, at any time you experience like it. A great spot to open a single this sort of accounts is XE.com and CMC Markets
4.Commence investing – Assuming you have performed all the over, it’s now time to check the waters to see what takes place. Begin by investing really small then construct on it from there.
5.Investigate your Improvement – This action is self explanatory; merely evaluate what you’ve completed so far to see if it is major you to the goals you arranged before.
6.Make Changes if essential to enhance your earnings – If right after assessing by yourself you don’t see much advancement, you may want to go again to the drawing board to see what you’ve completed completely wrong. On the other hand, if you’re producing funds, retain carrying out what you are carrying out but invest more if you sense secure adequate and make tweaks to boost your earning – don’t get too greedy however.
7.Persist until eventually you win simply because persistence wins the game. If soon after seeking you nevertheless don’t see the cash coming in, retain working tough and if you retain on long adequate, you’ll see achievement coming in.
8.Find folks with the same awareness or join on the web networks or forums. The saying “two heads are much better than one” plays the following. If you can link by yourself up with individuals with comparable awareness, your learning method will be a lot simpler and you’ll have an individual – if not far more – to run to if items aren’t operating.
9.Bear in mind to continue being energetic – Like every thing else these days, day trading techniques are constantly altering and that indicates you could drop out if you snooze when you get started. This signifies, the rate at which points are altering could see you heading again to the quite beginning once more if you bring any time off.
10. Rinse and repeat – The final action in this “10 ideas for the day trader” post is easy : do all of the over around and above if you’re seeing income.
In addition to the 10 tips for the Day Trader, there are a number of other things that may be useful to you. To find out what they are click 10 tips for the Day Trader.
Day Trading Systems
If you’ve been thinking about becoming a day trader, or you’ve already played around a bit as a day trader, then make sure you take a look at this insightful article about before you go any further. The truth could make you wealthy. According to Wikipedia, Day trading ‘refers to the practice of buying and selling financial instruments within the same trading day such that all positions are usually closed before the market close for the trading day. Traders that participate in day trading are called active traders or day traders. Some of the more commonly day-traded financial instruments are stocks, stock options, currencies, and a host of futures contracts such as equity index futures, interest rate futures, and commodity futures. Day trading used to be the preserve of financial firms and professional investors and speculators. Many day traders are bank or investment firm employees working as specialists in equity investment and fund management However, with the advent of electronic trading and margin trading, day trading has become increasingly popular among casual, at home traders.” My question to someone looking into day trading, is why? Why would someone be willing to risk so much? Day trading has a certain stigma attached to it for a reason-because so many fall prey to the get rich quick hype being spread all around the Internet. Bluntly put-day traders are sometimes considered gamblers, because to a certain extent, that is what they are doing. They are banking on the fact that one stock may go up, and another may go down in the same day all based on pure speculation. If you are looking to earn a stable and reliable income based on solid documented results over the course of several years, day trading is no for you.
However, from my experience, I have found an extremely lucrative online business with rock solid track record of producing multiple six figure incomes for many first year participants. If you would like more information about the most secure business model online, click on the links in the resource box below.
Trading Day by Day: Winning the Zero Sum Game of Futures Trading
Product Description
Trading Day by Day is overflowing with the fundamental truths and reliable trading rules every trader needs to be competitive in any market, at any time. The three natural laws of trading, an intelligent approach and method, a sound mathematical system, the spike rule, the mistake rule, divergences, relative strength, the truth about options, businesslike money management, over a hundred “real time,” day-by-day chart examples, and much more. While specifically ab… More >>
Trading Day by Day: Winning the Zero Sum Game of Futures Trading
Master Trading Futures.
Learn To Day Trade Futures From A Floor Trader With Trading Software Simulator, Sample Ftse100 Futures, E-Mini S&p500 Data.
Master Trading Futures.
Online Futures Trading For Novices
Futures trading, like any lucrative earning opportunity, involves high risks. Online futures trading is no different – its convenience tempts many people to treat trading like a Vegas casino instead of a legitimate investing opportunity. With this in mind, following are some pointers on succeeding in the online futures trading jungle:
Are you a long-term investor or a day trader? If you decide you’re a day trader, then keep up with your trading account on an hourly basis. If you decide you’re a long-term investor, then it is important that you resist the urge to check your account every hour or even every day, because short-term trends that are useless for your purposes may tempt you to trade when it is unnecessary or even harmful to your long-term interests.
Don’t gamble with grocery money. Decide how much money you are willing to put on the table in advance, and stick with this budget no matter how fast you lose it. If you don’t, online futures trading will become a vice that will put you on the street in no time. And if you’re a beginner, stay away from highly fluctuating markets – you might want to consider starting with mini-futures.
Quit while you’re still ahead. Nobody likes to sell after a good run, but in this game you should sell off a good run as soon as you spy a negative trend. If you don’t then your new trading profits can grow wings and fly like a bird. Of course you run the risk of the “left behind blues” if your former acquisitions continue to appreciate. Getting out while you’re still ahead is particularly important for day traders. The long-term investor needs to be concerned with weekly and monthly trends, not short-term peaks and valleys (unless, for example, you’re trading coffee futures and there’s a coup d’etat in Brazil).
Keep a good attitude. If you’re a beginner, you will probably lose the futures trading game at first. Think of it as tuition.
The Future Trading website offers information about all types of futures trading. Please bookmark “Future Trading”!
Day Trading Futures
When day trading futures, you enter and exit all positions in the same day – never carrying a position overnight. Since the overnight moves of the market are difficult to predict, many traders avoid risk by day trading. Ironically, the public believes that day trading is the riskiest way to trade.
THIS IS A MYTH!
Some traders day trading futures, make 1 to 3 trades per day, trying to catch the major intraday moves. Others trade in-and-out very frequently, trying to scalp a small profit on each trade. (My style uses a unique blend of these two strategies.)
For those day trading futures, the Emini Stock Index Futures have become the most popular day trading vehicle because of their liquidity, leverage, and the ease of trading them online. You can go short or long with equal ease unlike stocks where its easier to go long than short due to the up tick rule.
The time relationship of the eminis (and the big contracts) to the cash indices is important to understand. Lets start from square one.
The S&P 500 stock index (the cash index, symbol SPX) is central to day trading futures. It has an Exchange Traded Fund (the Spyders, symbol SPY) that trades like a stock, but without the up tick rule. The price of the S&P 500 cash index moves up and down with the 500 stocks that make up the index. The SPYders follow the S&P 500 cash index very closely. You can trade Exchange Traded Funds such as the SPY (and QQQQ for the Nasdaq 100) online from home. But for day traders, they are not as favorable as day trading futures.
The concept of futures is a little confusing, but it boils down to this: the financial industry has turned the S&P 500 cash index into a contract that trades like a stock. The contract (or futures contract) has a price that goes up and down from one moment to the next. It has a chart that looks just like stock chart, and you can make money with it by buying low and selling high, or vice versa. Thats a complicated as it needs to be for now.
The big contracts or SP Maxis were invented first and theyre still around. With the big contracts, a lot of money changes hands. When the price of the SP Maxis moves one point, $250 per contract moves with it. The SP Maxi contracts trade in a literal pit where the traders, called locals, shout at each other, buying and selling for everyone who wants a piece of the action.
The locals are not public servants, of course, they make money for their own accounts. They have the advantage of being able to read each others body language and the tone of the other traders voices. They see what the strongest traders in the pit are doing. They have several other advantages too, their costs per trade are tiny compared to the publics commissions.
The locals arent born as professional traders though, they learn to trade like everyone else, except they have a huge advantage in learning as well because they learn to scalp first! Their instant access and low commissions make this possible compared to others, but those day trading futures online can take advantage of scalping trades as well.
Scalping is basically limiting your losses to only one or two ticks while taking any profit you get as you get it. Its easier than going for several points per trade, Ive been using this strategy day trading futures with much success.
Locals also use the spread (the difference between the bid and ask price), to grab quick profits from orders that come in on either side of the market. This makes scalping easier for them.
In the past, all these advantages made it impossible for a retail day trader to be a successful scalper. It was insane to try. And to this day many traders have the idea that scalping is too difficult for the public because you have to compete against traders with an unfair advantage.
But all that has changed now. If you follow some simple, yet important guidelines then you too can be successful scalping and day trading futures online.
They took the concept of the Maxi futures contracts and came up with smaller contracts (the eminis) that move $50.00 per SP point instead of $250.00. This allows all traders, big and small, to trade the stock index futures.
But even more radically, they set it up so that the smaller contracts (the eminis) are traded only through computers. This was revolutionary, they bypassed the pit, taking away the advantage of the locals, and leveling the playing field in a way that has never been done before. And to level the field even more, retail commission costs fell like a rock. Today, any trader day trading futures with a small account can pay $4.80 per round turn (entering and exiting a trade).
This means that scalping is open to the day trading public for the first time in history. But most people who are day trading futures dont even realize where the new advantage really is.
Scalping is one of the keys to making a living day trading futures as I do, because I follow a simple rule: “Every trade starts out as a scalp until proven otherwise” .
The SP emini futures became more and more popular and more liquid, breaking a lot of records along the way.
The SP Maxis futures and the SP emini futures are both derived from the S&P 500 index (symbol SPX), which, as I said, has an ETF that trades like a stock (symbol SPY).
So the question is – which of these is the leader and which are followers?
Today the emini futures track the Maxi contracts almost tick for tick, with the eminis beginning to lead the Maxis at times, and also overshooting the Maxis at emotional extremes, such as the at the top of an intraday rally.
Both the SP eminis and the SP Maxis (the futures) lead the S&P 500 cash index by a variable amount of time, often in the range of a fraction of a second. Some people call this the tail wagging the dog, because the futures are derivatives of the stock indices, but call it what you want, the futures are leading the way.
The fact that the futures lead the markets makes their chart patterns more pure and reliable for support and resistance trading. This makes a huge difference to me.
I use the stock index futures (the eminis and Maxis) for calculating daily support and resistance areas, which are the basis of my own trading style a style of trading that has paid my bills and built my financial security for about 20 years now.
Author: Mike Reed
Article Source: EzineArticles.com
Provided by: Beading Necklace
Day Trading Classes – What to Look for to Avoid Wasting Time and Money
If you want to learn to day trade you may be considering taking day trading classes. A class is one way to learn but there are some things you should watch out for if you are a new trader.
No matter which financial markets you are going to trade, the fundamentals of trading and trading strategies and very similar. When it comes to the ways the markets move there is a common moving force and that is human behavior. Markets move the way they do because of the way traders behave.
If you haven’t had success yet with day trading, day trading classes may help you out. A class can teach you the basics of trading, how the markets work and different trading strategies. These things are important to know but won’t do you much good until you develop good trading habits.
When choosing a day trading class you will want to find one that will focus not so much on strategies but more on your own inner game. A common mistake many day traders make is to focus on finding the best strategy or the best indicators that will make them a success. Most traders focus too much on getting knowledge instead of focusing on getting experience.
The best way to get experience is take anything you learn and try it out with a demo trading account. For doing this I like to practice using a forex demo. Forex demo’s are great to learn on because the markets are always moving and you can practice whenever you want 24 hours a day. The skills you learn there can then be used with stocks, commodities or any financial market you decide to trade. You can get a free demo account from just about any forex broker.
If you decide to take a day trading class choose one that will help you with your inner game first instead of just overwhelming you with information and strategies.
Be patient in the process of learning to trade. It takes time and work and don’t expect to start making big money right away. If you want to make money right away with trading you will be better off taking yourself out of the picture and let an automated trading robot trade for you. These computer programs have the skills and strategies for success already programmed into them.
Watch the forex robot that I use trade the forex live and see how automated forex trading can make money for you on autopilot.
Michael Wilson has been managing forest land in Southern Oregon and Northern California for over 15 years. Article Source:http://www.articlesbase.com/day-trading-articles/day-trading-classes-what-to-look-for-to-avoid-wasting-time-and-money-1786570.html
Day Trading- China opposes EU’s emissions scheme
- A study on Automated Forex Trading and how it works
- Swing Trading System Automated Forex Trading – Many Advantages
- Why You Should Be Using Automated Forex Trading System To Leverage Your Time And Earn a Passive Income while You Sleeping
- Wall Street opens higher Friday fueled by a strong jobs report
- Court rules for Motorola and makes Apple pull iPads and iPhones in Germany
- How an Automated Forex Trading Software Helps You Become a Successful Forex Trader
- Never so divided, never so united
- President Obama lauds as U.S. Senate reigns in insider trading by lawmakers
- U.S. Senate puts lid on multi-million dollar bonuses of Freddie, Fannie
- Business loans
- An error has occurred; the feed is probably down. Try again later.
- Trading 101
- Stocks fall Friday amid European downgrade concerns
- U.S. stocks fall as eurozone worries overshadow jobs news
- Stocks up after jobless claims hit 3 1/2-year lows
- Stocks open lower on eurozone deal doubts
- Dow holds strong gains Wednesday after Fed move
- Stocks slide on euro worries; oil trades over $100 a barrel
- Markets open down Friday despite drop in unemployment rate
- U.S. stocks rally Friday ahead of weekend Eurozone summit
- Apple shares drop 5.3% in Germany following news of Jobs’s death
- U.S. considers fraud investigation into Chinese Internet companies
- Internet Money
- Business Credit Information
- Honda widens recall for airbag problem
- GM CEO: Earnings good, but not good enough
- Chinese companies buying automaker Saab
- Suzuki demands VW return shares after alleged contract breach
- Chrysler has best September since 2007
- Honda recalls million cars worldwide
- General Motors to manufacture plug-in Cadillac ELR plug-in hybrid electric car
- GM earnings soar 92 percent on global sales
- Volkswagen postpones MAN supervisory board takeover
-
