Let’s face the facts here: It’s easy to blame the market and commiserate with other traders, but it’s a lot harder to think for yourself and look for the silver lining after a bad trade.
With a profitable trade should a trader let his profits run, or should a trader cut and run? When are tape reading techniques appropriate to massage trends to create additional profits? These are the problems and questions a trader wants.
Apple stock (AAPL) was on the move Wednesday morning after the company reported the single-largest annual profit report in corporate history. The technology giant and maker of the iPhone announced it had made $53.4 billion over the last 12 months.
Deutsche Bank AG, Germany’s biggest bank, said this year will be challenging after a surge in legal costs and lower debt trading revenue spurred a surprise fourth-quarter loss. The shares slumped.
U.S. stocks fluctuated, after the Standard & Poor’s 500 Index fell from a record, as investors assessed corporate earnings and stimulus prospects. The dollar rose to a four-month high and European shares closed at a six- year best.
U.S. stocks fell, with the Standard & Poor’s 500 Index retreating from a record, as financial earnings disappointed investors. Treasuries climbed, nickel advanced a fifth day and emerging-market shares slid.
