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Yes I did witness that and was alert while that announcement happened. However, intraday spikes after big announcements generally don't mean anything. The prevailing trend does. Kinda like how when the FOMC raised rates by a quarter percent, that day the market went up but the rally faded.

One of the biggest challenges I've ever had with trading is psychological. In the past, I often found myself making a lot of money quickly and growing my account, only to give it all back in the end because I got too greedy and thought i was invincible. It is very important to constantly stay...

I don't like how the Nikkei has been trading recently. The central bank actions could be disastrous for the Japanese market.

I pretty much agree with Lloyd. I did a video on trades I did and why I was short Facebook and why I got out.

I did a video on my thoughts about apple and why not to short it.

By the way, I hope you didn't take that Vale short Cashclay. Vale broke out of that resistance you identified at $3.40. It tested that level on Feb 22. The more a stock or a market tests a particular level, the higher the probability that it will eventually break that level. And the fact that...

Cashclay - I forgot what the statistics are exactly, but more than 90% of new traders fail. I think it's closer to 95%. So in order for you to succeed, you have to be the top 5%. Even the top 5% of new traders, some of them might only break even and then quit because they don't like it. You have...

Before you buy it, you gotta understand like CBC said, you're obligated to buy or deliver that contract after it expires. So if you continue to buy the current month contract, you will end up selling the current month and rolling it over to the following month. That will eat up your account in...

Like ^ Vikram here, I used it for charts only. I don't use it anymore because I'm doing swing trades as opposed to intraday trades. But I like how clean it is, and how user friendly it is. At least for me.. I guess the look and feel will be different for everyone.

The short answer: The effect could be either way. Generally, when the market goes up with a series of bad news for say, over a couple of weeks, that's generally a sign that the bottom has been hit. Conversely, if the asset keeps going down every time bad news comes out, it's a sign that it's...