Stock Trading

Last week commodities moved higher as investors started buying into the recent pullback in prices. This is a healthy sign for the overall market. This is a quick update for gold, silver, oil and natural gas short term traders.

GLD Gold ETF Trading Chart

This is just an update on using the internal forces of the market to time new positions. In this short video we look at the internal workings of the S&P 500 index.

We will be using in this example the free technical tools to help time a position. The number one tool we will be using is the Fibonacci retracement tool which just comes in beautifully in this example.

 
 

 

Welcome to mysmp.com. Mysmp, or My Stock Market Power, was created to enhance your trading acumen and provide a financial educational resource. We started mysmp to provide education on day trading & technical analysis but have now recently expanded our breadth to include articles on stock trading, bonds, options, futures, forex, and even fundamental analysis.

The mysmp stock trading center contains dozens of articles providing you with definitions of basic investing terminology and an overview of online trading. In addition, be sure to review our stock trading strategies to get you started down the right path. Once you become comfortable with the general concepts within the stock market, you can move on to our technical analysis area and dive into the basics of price and volume analysis using candlestick charts and other time tested chart patterns & technical indicators.

In our day trading education center, you will learn cutting edge day trading strategies which are used by many of the professional traders to take advantage of the early morning volatility. Additionally, you will find articles discussing how to properly use many of the available tools out there, such as the time & sales window or level 2 quotes. You won’t find a better day trading resource on the web, and best of all, it’s Free!

Interested in Options? Our options trading education center will enable you to learn about the fundamentals of options. Learn about call options, put options, and many of the other basic components that play a part in the pricing of an option. The leverage that options provide makes them an attractive security when you are considering hedging risk or even speculating on future price movements. It is important to understand that the improper use of options can generate substantial losses. Be sure to visit our options trading strategies section where you can learn about all of the different strategies professionals use for different market conditions. It is important that you study the profit/loss charts that we provide to understand if it aligns within your risk profile.

Do you want to learn how to analyze a company’s financial statements? In the fundamental analysis center, you will find information on how to read the balance sheet, cash flow statement, and income statement. We also review many of the standard financial ratios which are used by analysts to determine the health of a company.

Looking for information on bonds, futures, personal finance or forex? We have that too. If you are looking for something that you cannot find, please send us am email at: admin@mysmp.com

Day Trading

 

Day TradingLearn winning day trading strategies for profiting in the stock market.

Futures Trading

Gain a greater insight of the futures trading markets.


MARKETS


QUOTES

 

Value Investing

Discover how to identify undervalued stocks that have strong fundamentals.

 

Options

Learn all about collars, straddles, strangles and a host of other options trading strategies.

Mutual Funds

Learn about mutual funds and how they can assist in achieving your long-term investing goals.

Personal Finance

Advice on retirement planning, college saving, mortgages, and real estate.                            

Technical Analysis

 

Learn about chart patterns, candlesticks, and technical indicators.

Stocks

Read loads of content about everything related to stocks.

 

Most Recent

Read the latest investing and trading articles on My Stock Market Power.