Well my thinking was that the blockade would continue to stop oil exports from Libya and so tightening supply to Europe. High demand + Low Supply = Price Increases is how I figured it.
Thanks for the reply John.
The fact that the news has been factored into the price before the markets open is something I wasn't aware of before. I'll take this into account and it will definitely strengthen my awareness in future.
As for my trading style, I don't know how I'm going to trade...
So I've not started trading yet as I want to get months and months of practice under my belt with a demo account and I've been watching the news and following reuters on a daily basis to get a feel of what moves the markets. I noticed last night a news article that mentioned how a Libyan oil...
Thanks for the post.
Just looked into heat maps and I think that by the looks of it, they are a fantastic tool that would save a lot of time. Are there options to see an industry performance over a matter of months or maybe years, rather than on a daily basis?
So basically look at the indexes and evaluate all the equities to basically see what's been doing well and not (is there a quicker way to do this?)? If let's say I identify a sector that's doing well in the FTSE, I suppose it stands to reason that the same sector will be doing well in a smaller...
Hi everyone.
I am interested in trading shares for a living. I have learned how to find a businesses fundamentals and read financial reports and I have dabbled in economics (only the basics mind you) and I do my own accounting for the business I have a share in. One day I will sell my share in...