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The past week saw another great webinar from Alwyn Burger: Fibonacci for FX traders. Fibonacci is one of those number sequences that appears all over nature and has been used for years by traders of all types to help determine entries, exits, support, resistance and potential targets. Alwyn helps us understand how to use this tool with real world examples from his own trading.
On Tuesday at 20h00 we have a webinar on Identifying blue chip stocks. It is a phrase that is often used in the investment world to suggest the best quality companies; but what are they and how do we find them? This webinar will get behind the phrase and use real examples to help identify blue chip stocks.
Then on Thursday at 12h30 we have a webinar for traders - Keeping a traders journal. I often comment that trading must be treated like a business and that includes admin and record keeping. Keeping a journal or record of trades is critically important in order to ensure success. It helps when trading goes all wobbly, helps tracks success (or failure) of a particular system and in this day of spreadsheets it is easy to do. That said, far too many traders are not keeping a journal and in truth they are then not in control of their trading.
The week ahead
Tuesday at 8pm - Identifying blue chip stocks
Thursday at 12.30pm - Keeping a traders journal
The week that was
Fibonacci for FX traders
Without doubt the contents of your house are insured. But are they correctly insured? Chances are that when you signed up for your current household insurance policy you took a random figure that sounded about right and then the insurance company increases that amount every year on the policy anniversary. But is the value correct? If it is too high then you are over paying and if it is too small then you won't be fully paid out in the event of a claim.
Go through the contents of your house room by room, determining the value of the contents in every room and make sure that the actual value of your household contents is what you are insured for.
All the best