What is Protective Put? A protective put is a risk-management strategy using options contracts that investors employ to guard against the loss of owning a stock or other asset. Here’s how it works: Remember that protective puts are commonly used when investors are still bullish on a stock but wish to hedge against potential losses … Read more
Passive income is money earned with little to no effort on your part once the initial setup is complete. While it often requires upfront work, time, or financial investment, it can be a great way to generate additional income streams. Here are some passive income ideas to consider: Remember that while passive income can be … Read more
source: tradingeconomics.com The Housing Starts Report is a statistical report published by the government or relevant agencies that provides information on the number of new residential construction projects that have begun during a specific period. It is a significant indicator of the health and activity level of the housing market. The report typically includes data … Read more
Join Robinhood to Buy and Trade ETFs 1. Global X Robotics & Artificial Intelligence ETF (BOTZ) The Global X Robotics & Artificial Intelligence ETF (Exchange-Traded Fund) is an investment fund that trades on stock exchanges, aiming to track the performance of an underlying index representing companies involved in the robotics and artificial intelligence (AI) industries. … Read more
The BlackRock Bitcoin ETF is a proposed exchange-traded fund (ETF) that would track the price of bitcoin. If approved by the Securities and Exchange Commission (SEC), the ETF would be the first of its kind in the United States. BlackRock, the world’s largest asset manager, filed for the ETF in June 2023. The ETF would … Read more
In his book The New Trading for a Living by Alexander Elder Alexander Elder emphasizes the crucial role of trading psychology in achieving success as a trader. According to Elder, trading is not solely about analyzing charts and indicators but also about understanding and managing the emotions and mindset that influence trading decisions. Here are … Read more
Importance of Trading Psychology The psychology of stock tracking is important because it can help you make better investment decisions. When you understand the psychology of the market, you can better understand why prices move the way they do. This can help you identify opportunities to buy and sell stocks at the right time. Here … Read more
Here are five popular investing books you should read Please note that these book summaries are simplified and condensed versions. Each book provides a wealth of knowledge and should be read in its entirety to fully grasp the concepts and principles presented by the authors.
In Alexander Elder’s book The New Trading for a Living by Alexander Elder he introduces a trading strategy known as the “Triple Screen Trading System.” This approach is designed to help traders identify high-probability trading opportunities while minimizing risk. The Triple Screen Trading System consists of three screens or steps that traders should go through … Read more
Date: July 12, 2023 Elon Musk, the renowned entrepreneur and founder of Tesla, SpaceX, Neuralink, and The Boring Company, has expanded his ever-growing list of ventures with the announcement of his latest company, xAI. With a team composed of experts from leading AI companies such as DeepMind, OpenAI, Google Research, Microsoft Research, and Tesla, Musk … Read more