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Develop a habit of reviewing and analyzing

Develop a habit of reviewing and analyzing your good and bad trades. Then you will have a much better sense of what will work best in your future trades.

Trading is always full of emotions

Because trading is always full of emotions, you must have a trading strategy which includes a set of rules you stick to. This will help protect you from yourself.

software which aims at predicting future trends

While there are a lot of companies who make money by selling software which aims at predicting future trends, the reality is that if this software really worked, these companies would not be giving the secret away.

Trade wisely

There are many beginners who make trades in any direction. While there is a possibility to make profits both on the upside and downside of a trade, trading in the direction of the trend will give you the best chances for success

Invest in a good Forex trading education

The market is always changing and it may be hard to understand and keep up with these changes unless you invest in a good Forex trading education

Wednesday, 28 May 2014

06:54       No comments

U.S. stocks open slightly lower in thin trade; Dow Jones down 0.18%

U.S. stocks opened slightly lower on Wednesday, as trading volumes were expected to remain thin with no major U.S. economic reports to be released throughout the session, while Tuesday's upbeat data still lent some support.
U.S. equities found support on Tuesday after data showed that U.S. durable goods orders rose unexpectedly in April and another report showed that U.S. consumer confidence improved in line with forecasts this month.During early U.S. trade, the Dow 30 fell 0.18%, the S&P 500 edged down 0.11%, while the NASDAQ Composite slipped 0.17%.
The Commerce Department said orders for long lasting manufactured goods rose 0.8%, compared to expectations of a 0.7% decline.
Separately, the Conference Board reported that its consumer conference index rose to 83 in May, up from a revised 81.7 in April, I line with economists’ expectations.
General Electric (NYSE:GE) rose 0.24% after Chief Executive Officer Jeffrey Immelt told French President Francois Hollande that he is working on an improved offer for Alstom (PARIS:ALSO)'s energy business.
Toll Brothers (NYSE:TOL) added to gains, up 3.23%, after the homebuilder reported quarterly profit more than doubled.
Google (NASDAQ:GOOGL) saw shares rise 0.23% following reports it has designed its own self-driving vehicles that transport passengers at the push of a button. Speaking at a conference on Tuesday, co-founder Sergey Brin the company plans to have 100 to 200 test vehicles that are fully autonomous with extra safety features.
On the downside, Amazon.com (NASDAQ:AMZN) slid 0.37% as the online retailer said it is "not optimistic" that a dispute with publisher Hachette Book Group will be resolved soon and added that it is acting "on behalf of customers."
The comments came after the company began refusing orders last week for Hachette books, including J.K. Rowling's new novel.
Across the Atlantic, European stock markets were mixed to lower. The DJ Euro Stoxx 50 fell 0.17%, France’s CAC 40 edged down 0.11%, Germany's DAX slipped 0.14%, while Britain's FTSE 100 eased up 0.06%.
During the Asian trading session, Hong Kong's Hang Seng climbed 0.59%, while Japan’s Nikkei 225 rose 0.24%.

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