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Tools of the trade

Tools of the trade
Tools of the trade

In this article, I will tell you about the possible tools you have at your disposal for trading. Whether you are building a fence or building a trading strategy, you need tools to get the work done. In the previous articles, we already looked at the question of why, how, what and where to trade. Now it is time to get some tools and set up an infrastructure for trading. We basically need three types of tools. Continue reading “Tools of the trade”

Find trading ideas and educate yourself

Find good trading Ideas
Find good trading Ideas

This is article six of the getting started trading series. I have hopefully introduced you enough in the subject of trading and investing, that you can start to make some choices on how you would like to go about trading based upon what fits you, your personality and lifestyle.

I could jump in right now and start explaining how I trade, but instead, I will first give you some pointers ad to where I got my trading ideas and how I educate my self. I hope it will inspire you to find your own way and hopefully, my future articles/lessons will help you educate yourself and give you plenty of ideas. Continue reading “Find trading ideas and educate yourself”

How I trade: trading concepts to profit from the markets

A money making machine?
A money-making machine?

By asking what people want to learn from me, it became clear to me that I should continue the getting started trading series by showing how I trade myself and how I produced my trading results. I am talking about trading here, not investing.

Investing can take a completely different approach from trading, like buying stocks for their cash flow (from dividends and selling option premiums for example) or real estate for the cash flow (from rent) instead of (only) for the capital gain of the asset. Continue reading “How I trade: trading concepts to profit from the markets”

10 reasons why you should use Ubuntu

Ten reasons to use Ubuntu
Ten reasons to use Ubuntu

When I tell people all of my personal computers run on Ubuntu Linux, most people know what I am talking about. Some of them then ask me: why? Aren’t the other existing systems any good. Well, the truth is, they are good and in some ways, they are very good. But there is more to an operation system, then it being technically good. As our world, or at least my world is becoming more and more dependent on computer and software for it’s every day functioning there are other reasons to consider when choosing the software you use to do your everyday stuff, like shopping and online banking.

So here are the 10 reasons why I use Ubuntu on all my personal computers:

Continue reading “10 reasons why you should use Ubuntu”

Trading with Support and Resistance

Bulls and Bears
Bulls and Bears

Support and resistance trading is one of the basic building blocks of trading. Not only is it a basic building block of my personal trading, but also of most trading done by professional traders. So even if your trading system does not incorporate support and resistance it is still good to understand it and take notice of the most important price levels. Just because many traders are watching these levels, prices usually will react when it gets there. Support and resistance are all about “Bulls and Bears”, aka “Buyers and Sellers” and how price itself affects their behaviors/decisions. Continue reading “Trading with Support and Resistance”