Stocks/Options/Futures

B of A Picks Cannabis Stocks

Posted by on Apr 17, 2019

The cannabis sector received one of its biggest votes of confidence yet from Wall Street on Wednesday when a top firm initiated coverage on four cannabis stocks. The Analyst Bank...

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Futures

Who Can Trade Futures

Posted by on Dec 15, 2016

I have been asked many times about the reality and success of trading futures.  Is it dangerous? Is it profitable? Is it hard? My answer is yes to all three questions.  Anything is...

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Business

Involve Me and I Learn

Posted by on Feb 21, 2017

Years ago I heard the old Chinese proverb, “Tell me and I forget, Teach me and I may remember, Involve me and I learn.”  I was blessed with an excellent memory, so I didn’t quite...

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General

Wealth Is Not For Everyone

Posted by on Nov 20, 2017

Daily I see and hear people, especially politicians, talking about financial equality.  First of all what is financial equality? And secondly, there is no such thing, regardless of...

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Recent Posts

Pattern Day Trading Rule

Pattern Day Trading Rule

Jan 5, 2017

Rules, rules, rules.  One of the SEC rules concerns the ability of the everyday trader to manage his/her own money.  The rule states that if you have less than $25,000 in your trading account then your trading will be limited to only 3 trades every 5 business days. So long as you stay below the 3 trades every 5 days then your account will be labeled as a...

Who Can Trade Futures

Who Can Trade Futures

Dec 15, 2016

I have been asked many times about the reality and success of trading futures.  Is it dangerous? Is it profitable? Is it hard? My answer is yes to all three questions.  Anything is dangerous if you don’t know what you are doing, anything is profitable if you know what you are doing and anything is hard if you make it that way. Futures trading is a profitable...