Over the last 2 weeks, the price of technology companies – public and private – are falling.
Two big changes have happened that are widely known – in the past quarter the value of some very high profile companies such as LinkedIn and Twitter have fallen substantially plus Fidelity (usually a public market investor) has written down the value of many of it’s later-stage private-company investments and made the downward valuations known. Former high-flying tech stocks Amazon, Netflix and Tesla are crashing back to earth.
Now, even if valuing any company can be difficult because it requires a degree of forecasting future growth and competition and ultimately the profits of the organization, it is now reasonable to short tech. And then maybe -after market correction- to go long once again.
If you are looking for all of the basics regarding trading foreign exchange, plus some other tips that you might not have heard of, this article is for you. This can be a confusing subject with all of the different opinions and information that is available – especially when a lot of it is contradictory.
A great tip for forex trading is to follow a five step process when building a trading system. First, you should begin with a concept. Second, you should turn this concept into a set of rules. Third, you should view it on the charts. Fourth, you should use a demo to test it. Finally, you should look over the results.
The world of foreign exchange trading can be daunting, after all, foreign exchange is the biggest and most liquid market in the world and includes all the currencies in use today. Many people lose a lot of money when trading currencies, but this article contains several tips to help make your forex trading experience successful.
Using stop losses can be a great advantage. By applying stop losses to your orders, you can easily protect yourself from too great a loss. Also by doing this you create an automatic exit for your order should the market turn out of your favor. With a stop loss in place you know the worst you will face and can prepare to move on.
Many people out there are willing to rush head first into any business opportunity that presents itself. Unfortunately, this is also why so many individuals are failing to make money with the Forex platform. Uninformed investors make uninformed decisions. Read these tips to find out how you can always act as an informed investor.
No matter how much business acumen or marketing analysis knowledge you possess, trading on the forex market is risky if you don’t have strong self-discipline. Without a firm sense of self-control, you are likely to fall victim to overtrading, relying on unpredictable forecasts and ultimately your own greed. However, there are some strategies you can take to help you master the psychology of forex trading. Develop your own unique method and stick with it, even if it lets you down occasionally. Don’t pay attention to trading trends you hear on the news. Professional marketers are aware of this information long before it hits the air, at which point, it’s irrelevant. Expect small wins, not colossal windfalls. Don’t hang fire because you’re too busy over-analyzing a situation. By the time you make up your mind, it’s usually too late. Use these tips to enhance your trading expertise and become a real player on the foreign exchange trading floor.