Hacked: Hacking Finance

Hacked: Hacking Finance


Navigation
CategoryTrading 101
Featured

Blog

My Trading Blunders: A Lesson in Overconfidence and Risk Management from 2008

Posted on May 16th, 2017.

The Background This story happened in January 2008 in what proved to be the early days of the biggest financial crisis of our generation (so far). It was also the time of your humble writer’s baby steps in the financial market. Fun fact: my first trading account was opened in September 2007, 10 days before the exact top of the bull...

Featured

Trading 101

Trading 101: 10 Essential Investment Rules For Rookies

Posted on May 13th, 2017.

As you saw in our Trading vs. Investing article, in several ways, value investing is the polar opposite of trading. That said, in other regards, the two different approaches are very close to each other. Following your investment rules with discipline, for example, is as important in investing as it is in trading. In short, objectivity,...

Featured

Analysis

Analysis of Stellar Lumens, Bitcoin, Ethereum, Monero, Litecoin and Ripple

Posted on May 11th, 2017.

Cryptocurrencies ready for a third wave? This is not the time and place for an in-depth lesson on Elliot Wave Theory.  There are numerous websites that offer these lessons freely, and often times the teacher is more astute than I in this art.  If you are a trader, you owe it to yourself to learn this craft, as it is a great tool that is...

Featured

Trading 101

Trading 101: Chart Patterns, Part 1

Posted on May 4th, 2017.

Arguably the most well-known part of technical analysis is the study of chart patterns. Even those not familiar with TA have seen double tops, double bottoms, head and shoulders formations, to name the most famous ones. These patterns are relatively easy to spot and give the illusion that it’s easy to spot a reversal in prices. Although...

Featured

Trading 101

Trading 101: Charting Tools I: Support and Resistance Levels

Posted on April 28th, 2017.

So far, we have been looking at trends and the structure of trends in financial markets that are essential in understanding how asset prices move. We also got a glimpse of the art of charting, the visual representation of prices. Now that you have the basic knowledge, we will give you more tools to tweak your trading, while helping you...

Featured

Trading 101

Trading 101: 10 Essential Trading Rules for Rookies

Posted on April 27th, 2017.

As we already stated, trading is more of an art than an exact science, but still, there are some rules that can help you in being consistently profitable despite the seemingly chaotic environment in financial markets. While some of the commandments below might be treated flexibly in certain cases, as a rookie, it’s best to follow them...

Featured

Trading 101

Trading 101: Trend Analysis with Basic Charting Tools

Posted on April 17th, 2017.

In our previous post dealing with swing trading we laid off the basics off trends in financial markets, and now we are going one step further. Getting to know the simplest charting tools will help you in analyzing trends, refining entries and exits, and building more sophisticated strategies. What’s more, these easy-to-use tools will be...

Featured

Trading 101

Trading 101: Trading vs. Investing

Posted on April 12th, 2017.

A historic debate without a real purpose. Those who deal with financial markets professionally more often than not can be put into one of two categories: Traders and Investors. The main difference in the approach of the two groups is time-frame that they focus on. Traders deal with short-term fluctuations in the market, while investors...

Featured

Trading 101

Trading 101: Trends and a Basic Trend Following Strategy

Posted on April 9th, 2017.

“The Trend is Your Friend” Being one of the oldest, and probably overused, trading axiom, this is all too often overlooked by new traders. Still, if you are using technical analysis – whatever asset you are interested in – the first thing that you should be looking for is the prevailing trend. Why? Because the...

Featured

Trading 101

Trading 101: What Can You Achieve With Trading?

Posted on April 5th, 2017.

Featured

Articles

Trading 101: How To Start Trading?

Posted on March 30th, 2017.