Ahmad Hassam / Blog
In a trade there are 2 important things that you should focus. First is the stop loss and the second is profit target target. Get both of these things correct and you have a winning trade...
Can gold prices be rigged? This is an important question that comes to mind. A gold trader Daniel Plunkett stood to lose heavily on a recent trade. A client of his had staked $43 million on a bet that gold prices will rise in 2 years. Daniel Plunkett was on the other side of that trade...
Federal Reserve has been accused of building up bubbles in US economy. The last time this happened was in 2008. A bubble was building up in the real estate sector that required increasing interest rates to bust it. Increasing interest rates was not a popular decision...
If you are learning Python then this post can help you a lot. In this new post I show how you will download daily stock quotes data from Yahoo Finance. Then how you are going to draw the candlestick chart. We will be using matplotlib library...
Insider trader is illegal. We all know that. But there are people who still believe they can get away with it. A few years back, a Microsoft Manager got insider information about Microsoft company. He fed that information to a stock trader and both made $415K from 3 trades...
Wall Street is a highly competitive place. Today Wall Street is at the cutting edge of global finance. We daily read about Wall Street but most of us never meet the actual people who work on Wall Street...
US Non-Farm Payrolls Report also known as the NFP Report is very important for the market. NFP Report affects USD, US Stocks and the gold market. NFP Report basically releases the number of jobs that were added to US economy in previous month...
Market manipulation is a persistent problem in financial markets despite tough regulation. Market manipulation is done to mislead others and profit from their wrong investing decisions. Pooling, Churning, Stock Bashing, Pump and Dump, Runs, Ramping are frequently types of market manipulation...
When you trade currencies, its all about central banks. For example when you are trading USD/JPY, you need to keep an eye on the Federal Reserve (FED) and the Bank of Japan(BOJ). FED policy mandate is to keep unemployment and inflation below 2% level. Fixing unemployment stokes inflation...
If you have been into statistical modelling and machine learning then you will have this idea. Intraday data or what is high frequency trading data is not normally distributed and is infact skewed and leptokurtic...