Welcome to the High Level Of Knowledge
Welcome to our Knowledge is Power Resource Guide, providing free information to get you on the road to success starting today with a high Level Of Knowledge (LOK) about various subjects, including Wickapedia, the financial markets, futures trading, investing, internet domains & websites and real estate MLS market for nationwide home buyers and property sellers everywhere!"
Financial Markets Information
The following information reveals a method to reduce risk by staying in good trades, but trading with small stops to avoid large losses.
Usage of stop-loss orders is normally critical to trading success. The most famous trader of all time, Mr. W. D. Gann, said repeatedly in his books and commodity course that it's always critically important to place a stop-loss order on each trade you make. That way bad signals and losing trades will not likely wipe out your trading capital, thanks to your stop-loss order giving you some protection.
For those of you who actively trade (or desire to learn how to trade) the financial and futures markets, there are a lot of other things outside the markets you should be following. But, I guess my bigger message is for those of you that aren’t in the futures markets, whether you trade them or not, the futures markets have a significant impact on what happens in the other financial markets, including forex, currencies, options and stocks. That’s why you should soak up every piece of good trading knowledge like a sponge in a quest to clearly see the bigger picture. Click-here for a free ezine service to trading knowledge. Get started learning in the comfort of your home, on your schedule, at no cost today. click-here NOW to take advantage of this traders ezine offer!
Most systems and most trading methods require fairly large stop-loss orders. That is because stops are frequently based on one or more of the following logical (but frequently ineffective) methodologies:
a) Place a stop at a pre-determined percentage of the true daily trading range. For example, if the true daily range or average of recent true ranges (High minus Low, plus any gap between prior close and today's low or high) is say 83 points, then the stop may be set at perhaps 120% of that range or about 100 points. In the Deutsche Mark that equals $1,250.00 stop, plus any slippage that occurs.
b) Another method is placing a stop-loss just under the last swing-low or pivot-low. Note: A swing-low is a low point with higher prices on each side. For example, if last swing-low was at 10650 and price moves up for a few days to say 10750, then triggers a buy signal, stop may be placed just under the low price of the low day, perhaps at 10649. That also represents a risk of over 100 points ($1,250.00+). Of course, the reverse is applicable on a sell, with the stop being just above swing-high.
c) Use a moving average penetration as a stop, i.e., place a stop on a long trade at just under a simple moving average, perhaps a nine-day average. The trouble here is that if we entered long at about 7750, by the time the moving average is penetrated by the price, the moving average may be well below the market (due to its inherent lag-time), at 10600 or so. That results in a stop-loss at 10599 stop, and a risk of about $1,900.00. Click-now for the Trading Tip of the Day.
d) Still another approach is to place a stop under last week's lowest price. This method may be even riskier because last week's low may be 10550. That requires a stop of 10549 or lower, and a risk in excess of 200 points or over $2,500.00.
e) Another simple and a totally unscientific approach is known as a "money stop." It involves setting an usually arbitrary stop based on either the maximum money you wish to lose, or stop based on a reasonable sounding number of points or dollars.
For example, psychologically you may not want to lose more than $1,000.00, so you set your stop at a price equaling $1,000.00 loss potential. That number is arbitrary, so it may turn out to be either too small or too large, depending on the volatility and the market involved. For example, perhaps it's too small a stop for T-Bonds when they're volatile, or too large when they are dull. If using the $1,000 stop-loss in the Corn market or another low-risk low volatility market, it may be too large a stop to use.
MLS market for nationwide home buyers and property sellers
Homeowners may now easily get listed on the REALTORS®: MLS as a "for sale by owner" today by a licensed real estate broker. The reason to list your home on the MLS is a simple case of supply and demand. The MLS is used by all real estate agents nationwide. Your exposure is increased by the MLS dramatically, which means your potential market is enormous. When selling alone as a FSBO without The-MLS, your marketplace is of course much smaller with much less exposure and more difficult and time consuming to sell your house. Remember, more than 80% of all homes sell via a Realtor® and their Multiple Listing Service!
Your real estate property will be listed by state licensed real estate broker in the same real estate mls that local realtors use. Pay no listing commission - only pay a commission of 2 to 3% to the agent that brings you a buyer - no additional charges and there are no hidden fees! For more information on selling your house and saving $1,000s in real estate commission - click-here now!
Internet Domains & Websites
Business Domain Names for Sale is helping businesses who are looking for online-business opportunities which a nicely targeted and unique keyword-rich business domain-name for use as a developed website can bring you!
Your business needs a good web site and targeted business domain name for its web identity and internet-profits to make even better your firms existing business presence with targeted internet-based traffic and improved revenue from your service or product.
It's of major importance to your long-term business success and revenue for you to receive all the benefits a good website and internet domain name can bring you and its inherent name recognition to your online-business identity.
A well targeted business-domain-name can bring ongoing significant financial returns to you, at a reasonable cost. The more you end-up spending to target your business or its niche market often results in more traffic to the web site and of course greater financial success thanks to having a great business identity and a good internet-name! To learn more about buying a domain name or website click-here!
Websites of Interest
please visit Futures Trading website