As More Cryptocurrencies Fail, Few Understand the Risks The cryptocurrency market has been one of the fastest growing sectors over the last couple of years, with Bitcoin, Litecoin, and Ethereum hogging most of the spotlight. With any new industry, there are going to be growing pains and it’s important for investors to understand the risks […]
Category Archives: Blog
Bank of Canada Hints at Looming Rate Hike The odds that the Bank of Canada will announce a rate hike on July 11 shot up after Governor Stephen Poloz said the economy was strong enough to support higher interest rates. This in spite of mounting tensions with the U.S. and fears of an all-out trade […]
Canadian Prime Minister Justin Trudeau announced that the recreational use of marijuana will be legal starting October 17, 2018. The government originally promised Canadians could legally spark up by July, but the date was pushed back by a few months. This gives both the provinces and producers more time to get ready. It should also […]
Global Economy Heading into a Storm U.S. President Donald Trump may be telling the world it is safer from a nuclear war thanks to his budding friendship with North Korean dictator Kim Jong Un but fears of a Trump-led trade war is putting the global economy at risk. During the two-day meeting of the Group […]
The Canadian dollar took a drubbing after U.S. President Donald Trump ramped up criticism on Prime Minister Justin Trudeau and threatened the county with additional tariffs, following a less than successful Group-of-Seven (G7) meeting in Quebec. Of particular concern is Trump targeting Canada’s automobile sector. Trump continues to rail against Canada’s dairy industry. On the […]
The way the market is moving has brought up a lot of questions, and a lot of frustration for many. And there are lots of things we could talk about when looking at it. We could talk about why we were being so patient with the market. We could talk about position sizing or why […]
Do you find yourself getting impatient, jumping into a trade too early … only to see it eventually come to the level you were waiting for, but by then the losses are mounting and you don’t feel comfortable holding it any longer so you stop out for a loss. Or does the setup you defined […]
There is an illusion that making money trading is easy. That all you need to do is to learn a setup, open a trading account, follow a plan and the financial goals you aspire to will come to you. In truth, trading is actually very simple. But success rarely comes as easily as we desire. […]
On May 31, President Donald Trump announced that the U.S. is imposing a 25% tariff on steel and 10% tariff on aluminum from three of its biggest allies, Canada, Mexico, and the European Union. Trump, who campaigned on his America First platform, has long blamed the rest of the world for his country’s alleged problems. […]
Canada Set to Legalize Recreational Use of Marijuana The recreational use of marijuana in Canada is expected to be legalized in the coming months. To meet the expected demand for marijuana, some of the industry’s biggest cannabis growing companies are hoping to grab an even bigger piece of this burgeoning, lucrative market. Legalizing the recreational […]