Tag Archives: wealth building

Where To Find Google Stock Price

In August 2004, Google stock prices started out at only $85 per share. That time many analysts debated whether or not Google was really worth it.

Google value was intellectual property instead of real property, and that time the market was not ready to the idea how online companies can be so on demand and valuable.

Well in hindsight there was certainly no reason for debate as five years later, the Google stock price is five times its initial value and the company as a whole has a market value of $175 billion dollars.

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Candlestick Trading Patterns- The Hanging Man, the Hammer and the Spinning Top!

Hanging Man and the Hammer are two different candlestick patterns. The patterns are not identical. Hanging Man is considered to be bearish and the Hammer is considered to be bullish.

How to spot the Hanging Man and the Hammer? These candlestick patterns are easy to spot on the chart. When you spot a very small candle body accompanied by a pretty long wick on the bottom, it is a Hanging Man if it appears at the top of the uptrend and it is a Hammer if it appears at the bottom of the downtrend.

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Trading System Back Testing! Know These Shocking Limitations

A trading system might consist of a few indicators and a number of rules that tell when to enter the trade and when to exit the trade. Trading system is considered to be proven and tested if there is some date that supports its performance under live market trading conditions. However, it might not be possible to test a trading system quickly under live trading conditions. To overcome such problems, backtesting has been developed. Backtesting is done with the use of a software.

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