Term of the day

Term of the day

Chart Formation

Graphical representation of a stock’s price movements within a given time period. Technical analysts use this to determine trends in a stock’s price and to know whether and when to buy or sell by knowing entry and e ...

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Building Wealth
Building Wealth
What Makes the US Economy Tick?
After the 2008 Great Recession, the United States is progressing. But what really drives the American economy? Let’s take a look at the following industries.
Investment Instruments
Investment Instruments
Forex and Price Shading
Price shading is an act of adding a pip or two to the currency quote if a forex broker believes the price of a particular currency will increase. Even though this is considered unscrupulous, trader s need not to scramble to counter shading right away.
Money Smart
Money Smart
House Hunting No-Nos
Emotions are probably the worst enemy any first time home buyer can encounter. Allowing your personal feelings get the best of you may result to mistakes in your purchase which may cost you loads. Since this task entails several other implications such as budget constraints, it is crucial that every individual take into account what they should avoid to make the best possible decision.
Taxation in Finance
Taxation in Finance
Introducing the Federal Tax Brackets
The first federal income tax statute stemmed from enacting the Revenue Act of 1861, which was passed by the Union government to help fund expenses related to Civil War. Then the second revenue was passed in 1862, which introduced two tax brackets: 3% for annual incomes ranging from $600 to $10,000, and 5% on incomes $10,000 and above.
For Beginners
For Beginners
5 Stages of Becoming a Trader
A professional advance implies that anyone goes through several stages. A career on Forex is no exception as traders evolve step by step, mastering practical skills. There is no precedent when a ro okie trader has been able to leap to the top, passing through several evolution stages.
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