2019 February

22 Feb: US economy is forecasted to increase at a lower pace in 2019

US economy is forecasted to increase at a lower pace in 2019 – Which business sectors may outperform? A recent repot on the prospects of the US economy in 2019 compared to 2018 by the Federal Reserve Bank of St. Louis shows that most probably the US economy will exhibit lower economic growth in 2019. “Despite some crosscurrents, U.S. economic conditions remain favorable. Real gross domestic product (GDP), the broadest measure of economic activity, is poised to increase by about 3 percent in 2018, which would be its largest increase in more than a decade. More impressively, job growth has been exceptionally strong, and the unemployment rate has dropped to its lowest level in about 50 years. These tailwinds have been offset to some extent by declining activity in the housing sector and an unexpected slowdown in business fixed investment.”, Source: https://www.stlouisfed.org/publications/regional-economist/fourth-quarter-2018/forecasters-gdp-growth-2019 Key drivers of US GDP growth In our…

08 Feb: Stock market tips making huge difference on trading

Stock market Stock market tips Trading is a very dynamic activity, job, and task with a focus on psychology and developing an edge is important for a solid making money strategy. What many traders do though is letting their psychology and emotions change their decisions and place trades that do not fit their criteria. Without a written trading plan and the commitment to stick to it daily, letting emotions take control can ruin the most effective strategy in the world, supposing there is one. In this article, we will refer to three tips related to psychology that successful traders are aware of and the solution to them to implement trades unaffected by the daily financial news and distractions. The three tips are the following ones: Revenge trading Focusing more on losses than on gains Not changing the trading strategy when market conditions change Stock market trading Let’s start with number…