How Margin Accounts Work A reader asked me awhile ago about my margin account. As you know, I like to use leverage. So when I found out I could own stocks without actually paying for the full amount, I began to think about the possibilities, and opened up a margin account through my discount broker. I simply made… Read More »
Last week I posted my 100th blog entry. To celebrate this milestone, I’m showing support for all my readers out there by holding a stock giveaway contest. Except, rather than giving away real stocks, I’ll be sending one lucky winner money instead. I am giving away a RIM share, in the form of cash! Research In Motion is… Read More »
This is a quick crash course on analyzing stocks using technical analysis, which is a term that describes how to predict future stock prices by analyzing past stock prices. I use tech analysis when I swing trade and so do most research analysts. Let’s use the stock I bought a couple days ago as an example, Goldcorp. First, the stock… Read More »
Have you done all your Christmas shopping yet? I know many stocks that are On Sale right now. I’m trying my hand at speculating once again. And now we’ll find out if my last swing trade success was just beginner’s luck. Why is it a good time to buy now? After all, the VIX (which we used before to successfully… Read More »
Did you see the markets today? Normally when we, average citizens, talk about “the markets” we mean the stock market of course. Not long ago I thought the stock market was where all the rich people hung out, and where most of the money went to create jobs, companies, and the economy. But I was wrong… The stock… Read More »
Last month I explained why I started a swing trade. It’s like day trading, but you hold onto the securities for longer. Earlier today I sold the related holdings and made a profit. In my previous post on swing trading, I borrowed about $5000 to buy some undervalued stocks. I wrote back then that when the VIX drops back down to 30… Read More »