Month: March 2021

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Trading Ideas

5 Oil Stocks to Watch Out for as Prices Surge

March 12, 2021 admin Comments Off on 5 Oil Stocks to Watch Out for as Prices Surge

Last year was one of the hardest in history for the fossil fuel industry and oil stocks. The impact of the COVID-19 pandemic wiped out tens of billions of dollars.
As things are beginning to improve, many investors are looking at the oil sector as a possible place to invest.
Oil and Gas Stocks: Why are People Investing?
Oil stocks have been gaining momentum in the market. U.S. crude oil prices have risen to the highest level since April 2019. The Organization of Petroleum Exporting Countries (OPEC) has continued to cut production despite increasing demand. As a result, oil prices are surging.
Rising prices …read more […]

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Trading Ideas

What is Discretionary Trading?

March 12, 2021 admin Comments Off on What is Discretionary Trading?

Discretionary trading is for investors who want hands-on control of their trades. Traders practicing this style follow the same steps as anyone when identifying opportunities. Where they differ is in their tendency to make decisions that are outside technical analysis. A discretionary trader might decide market conditions no longer favor their thesis and take profits before their original target price, for example. Operating with discretion allows traders more control over their positions.
Discretionary traders see themselves as adaptive. They understand that even the best-laid plans can go awry when the market adjusts. Their reliance on intuition and decision-making helps them …read more […]