I had a question about Portfolio Management from a Member. I sent him this. It might interest you. Two processes run side-by-side: Stock picking and timing. Managing market risk. STOCK PICKING AND TIMING Stock picking and timing involves a few basic tenets that you might adopt. They include (and apologies for the simplicity): Have a…
In this article we will explain: How to develop a very basic Trading Plan for every holding. What Average True Range means. How to measure risk on a stock by stock basis. How to Position Size holdings depending on risk. How to use ATR to set stop losses. What a Renko chart is and how…
OK its probably a bit late for this (maybe not) but I have been emailed asking "How do you set stop losses" (surely a sign that the bottom is close!). So here's a stop loss overview. WHAT ARE STOP LOSSES AND WHO SHOULD USE THEM The life of a trader is not what most of…
I put this ASK MARCUS button in the newsletter on Tuesday. I have had quite a few. I will answer the questions that I think will be of most interest to other Members. Sorry if I don’t get to yours (so many!) – I have taken a bit of artistic licence and doctored some of…
TIME We are all flying through life. Busy busy busy. Important things to do. So very important. Can’t talk, can’t stop, can’t go, can’t come, can’t make it, can’t do it. Busy. We all have our own reasons. I write an average 6600 words a day, 250 days of the year. That’s 1.65 million words…
PREDICTION – THE ASX 200 WILL HIT 8000 IN A YEAR’S TIME Or will it? So there I was in my broking office in 2007, before Christmas, before the New Year, when the phone rang. It was a financial journalist. I lifted. A bigger loser than me. Working the Christmas shift is no fun, and…
DON’T LADBROKE YOUR SUPER Is anyone else sick to the back teeth of gambling adverts on television? The only good thing about Shaquille O’Neal (7'01") and Mark Wahlberg (5'8") ads is that they take airtime away from the Masked Singer ads. I cannot imagine any program that could be less interesting than the Masked Singer.…
I have been asked by one Member "What is Money Printing". I'm no economist, but this is my understanding – it's a complex topic and I am happy to be corrected by any budding economists as long as you can put it in language the other Members will understand. Here goes: The Fed has a…
Every results season, for the whole month of February and again in August, it is the job of broker analysts to analyse the stocks that announce results and it is purgatory. Poor brokers. Here’s why. In order to be competitive, at the very least, on the announcement of an important company result the big broker…
